Onnellinen perhe sohvalla

Joint Bank Account

Shared account for household groceries, loan payments or renovation

A Joint Bank Account is a current account dedicated to paying your household expenses. Keeping up with family finances is easy with an account for the purpose. You can, for example, always transfer a certain amount to this account on your payday.

  • A current account shared by the family's adults for paying household expenses, such as groceries, renovation, loan repayments or other regular household costs.
  • Transferring the agreed amounts from the adults' own current accounts to this household account is simple.
  • Household expenses can easily be monitored on one bank statement.
  • Both adults can have payment cards linked to this account. 

How to open a joint account


The most convenient way of opening a joint account is by logging into op.fi.

1. Open a new current account

2. Send an online message where you ask to include another account holder in your account. Please indicate the following information in the online message:

  • the number of the current account you are opening
  • the name and personal ID code of the other account holder
  • and the information that both account holders can use the account separately.

3. When opening the account, check that your KYC information is up to date. KYC means Know Your Customer, and it’s information that all banks must ask from their customers. To check your KYC information in English, open OP-mobile on the front page and select More > My profile > KYC information. You can also check the information in Finnish in the op.fi service under Oma profiili (My profile) after logging in: Oma profiili > Oma asiointi > Omat tiedot.

4. The other person to be included in the account must sign an account agreement, either on the Electronic Signature Service or at a bank branch.

The other person to be included in the account will be informed of the account agreement to be signed, by email, online message or SMS. Signing the account agreement electronically is possible, if the person to be included in the account is an OP customer and they have OP eServices user IDs.

The Electronic Signature Service is available at allekirjoitus.op.fi. Login is possible with personal OP eServices user IDs. The documents to be signed can be viewed on the front page after logging in.

If necessary, you can also book an appointment for a meeting.

Go to appointment booking

Before I used my own current account for the family's joint expenses. Now the children's day-care fees, home loan repayments, insurance premiums and other expenses are easily split evenly with my spouse.
Timo Alatalo‚ Järvenpää

The deposit rate is 0 %. 

The funds and the deposit interest fall within the scope of deposit insurance up to the amount prescribed by law. OP Financial Group banks are considered as a single bank from the perspective of deposit insurance.

The General Terms and Conditions for Accounts for Private Customers apply to the Joint Bank Account.

The Joint Account is a current account with several holders. The current account is subject to a monthly charge that is based on the list of service charges and fees. 

Learn more about the list of service charges and fees

Current accounts are free of charge for customers under 26 years of age, and for accounts held at the OP cooperative bank where the holder is an owner-customer. If an account has several holders, it will only be free of charge if all account holders are owner-customers of the OP cooperative bank where the account concerned is held.  

Please note that each OP cooperative bank can have owner-customers. You can check your owner-customer membership on OP-mobile at More > Owner benefits, and Owner-customer and benefits (Omistaja-asiakas ja edut in Finnish) at op.fi or through our customer service. Please note that the op.fi service is available in Finnish and Swedish only.

Go to owner-customer and benefits section

A monthly charge is not debited from the current account that has been pledged or belongs to a death estate.

Our current accounts have been subject to charges since 1 November 2020. We announced the monthly charge for current accounts in a message or letter we sent in August 2020 concerning changes to our service charges and fees.

You can easily change transaction limits for your accounts online. Considering that such daily limits make it safer to use the account, you should set them. You can change the limits temporarily when you make bigger purchases, for example.

You can set two types of transaction limits for your account:

  • For the biggest possible one-time withdrawal  
  • For the total daily withdrawals, or the maximum amount of money you can withdraw within one day.

The transaction limits relate to:

  • cash withdrawals,
  • real-time credit transfers and
  • card payments which are automatically checked against during payment whether the account has sufficient funds.

The transaction limits do not affect the amounts submitted to the payment service payable on the due date.

Further confirmation required for change in transaction limits

Further confirmation is required to change transaction limits. We will send a text message to your mobile phone and you will check the information in the message before you accept the change. You should use the key code matching the serial number in the message to confirm the change. So keep the list of key codes close at hand when you change the transaction limits. The change will take effect immediately after you have accepted further confirmation.

To change transaction limits in the op.fi service, select: Tilin tiedot (Account details) - Käyttörajoitukset (Transaction limits).

Go to account details (requires login)

Also set transaction limits for each card

It is advisable to set card-specific spending/withdrawal limits with which you specify daily limits for cash withdrawals, POS payments and online payments.

You can set the limits separately for your card's Debit and Credit sides.

You can change the limits in the op.fi service on the My cards page (Omat kortit), calling at 0100 0500 or visiting a Group member cooperative bank branch.

Owner-customers earn OP bonuses from:

  • Funds in savings accounts

  • Home loans, student loans and secured bank loans

  • Mutual funds and unit-linked insurance assets

  • Insurance premiums paid, such as home and motor vehicle insurance and continuous travel insurance

 OP bonuses are used for the bank’s service charges and insurance premiums.


The account is granted by the OP cooperative bank.