Current account

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 current accounts.

The current account is subject to a monthly charge that is based on the list of service charges and fees. Please note that the list of service charges and fees is available in Finnish and Swedish only.

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.

Closing an account via self-service on the op.fi service

If you have OP’s user ID, in most cases, you can use the op.fi service to close the following account types, on a self-service basis: Current Account, Money Box, Growth Return Account, Step-up Account, Special Purpose Account, Continuous High-yield Account and ASP Account.

Please note that the op.fi service is available in Finnish and Swedish.

Close your account (requires login)

It is not possible to close an account via self-service if, for example, the account is your last one with OP. In such a case, contact our customer service by sending us a message through the op.fi service or OP-mobile. 

Read more about closing an account

Closing an account with another bank’s user ID

Please contact our customer service through chat. You can contact our customer service through chat in Finnish or Swedish.

During the chat, you can use a user ID issued by another bank to verify your identity: in most cases, our customer service will be able to close your account during the chat, once you have verified your identity. 

If your account cannot be closed via chat, you can call our customer service.

Read more about closing an account

Closing an account without any bank’s user ID

If you would like to close an unnecessary account and you do not have a user ID with any bank, please contact our customer service by phone. Our customer service will advise you on how to close the account.

Go to customer service page

You can easily change spending/withdrawal limits of 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 spending/withdrawal 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 spending/withdrawal 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 spending/withdrawal limits do not affect the amounts submitted to the payment service payable on the due date.

Further confirmation required for change in spending/withdrawal limits

Further confirmation is required to change spending/withdrawal 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 spending/withdrawal limits. The change will take effect immediately after you have accepted further confirmation.

Also set spending/withdrawal 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 change the limits by logging into OP eServices, calling at 0100 0500 or visiting a Group member cooperative bank branch.

You can set the limits separately for your card's debit and credit sides.

E-salary is an electronic payslip on OP eServices. To use the service, you will need your personal online user identifiers.

Using the E-salary service requires that your employer has adopted the service by agreeing on it with the online payroll operator.

Benefits from E-salary service

• Payslips are always kept safe and you can easily browse them.
• The payslips are stored in an electronic archive for 18 months.
• You can print the payslips out whenever needed or save them to your own computer.
• An electronic payslip is eco-friendly.
• E-salary is a free service.

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.