- You will get 30% more OP bonuses in 2023 and 40% more in 2024
- You will get daily banking services free of monthly charges until the end of 2024
- The interest rate on your Current account will rise to 0.25 per cent from 1 November
You will automatically get the benefits at the OP cooperative bank where the products and services are included in your owner-customer membership and the benefit. You can easily check whether you are an owner-customer.
Extra OP bonuses
As an owner-customer, you will get 30% more OP bonuses during 2023. In 2024, OP bonuses will be more generous – even 40% more than normally.
For example, if the total amount of service use is 100,000 euros, you earn OP bonuses worth 325 euros in 2023 and worth 350 euros in 2024. According to the normal accrual, the same transaction volume would bring bonuses worth 250 euros.
OP bonuses are earned, for example, from mutual funds, funds in savings accounts and secured loans. Earned OP bonuses are used for insurance premiums and loan service and origination fees, among other things.
You can see your current bonus accrual on OP-mobile: follow the path More > Owner-customer > OP bonus.
Daily banking services free of monthly charges
You’ll be able to use daily banking services for personal customers free of monthly charges 1 October 2023 to 31 December 2024. You’ll automatically get the benefit, if you are an owner-customer of an OP cooperative bank with which you use services covered by the benefit.
The benefit includes:
- Current account
- OP’s user ID and digital services
- One or several cards
The benefit concerns both individual products and daily services packages. Its value depends on the products and services you use. For example, the price of the daily services package for personal customers starts from €3.95 per month and for owner-customers aged under 30 from €0 per month. The Current account is already free of charge for owner-customers in the OP cooperative bank where they are owner-customers.
Please note that service charges are always debited afterwards. It means that service charges for previous months can be debited from you even after October.
Interest on the Current account
The interest rate on your Current account will rise to 0.25 per cent from 1 November 2023. Interest is paid on the Current account with standard terms and conditions in the OP cooperative bank whose owner-customer you are.
Interest is paid on the Current account once a year. For example, for 2023 the interest is paid in December 2023 or in January 2024. The deposit interest rate for customers other than owner-customers is 0.00 per cent.
The interest rate rise applies to personal customers. If the account has several holders, all account holders must be owner-customers in the same OP cooperative bank.
You also get other benefits and discounts as an owner-customer
As an owner-customer, you always get the most out of your banking and insurance services and OP bonuses you earn. Are you familiar with all your benefits?