Even young people benefit from being owner-customers
Starting your studies? Moving to a place of your own? Whether you are starting your studies or moving to a place of your own for the first time, you should get your personal finances into shape! Become an owner-customer already at a young age, and you will get a good start to managing your personal finances, and more time to make use of the benefits provided to you. You can become an OP cooperative bank’s owner-customer by paying a member cooperative contribution which is 100 euros in most banks.
There are no other membership fees. If you ever decide to stop being an owner-customer, your member contribution will be refunded to you.
What benefits can young people get?
All owner-customers under the age of 26 get the following benefits from our services:
- A current account for free.
- Free-of-charge OP eServices user IDs for OP eServices and OP-mobile.
- OP-Visa, OP-Visa Debit or OP-Visa Electron card for free.
- A free Product Protection Insurance for your OP-Visa that protects your card purchases from blunders for six months.
- A student loan with no origination fee if you file your application online.
- Students of Finnish universities can also get the OP-Visa card with a 2 000-euro credit facility, for free!
- Pivo's digital student card and student benefits that are currently available to members of over 20 student unions.
- Opening of rental security deposit account for free.
- You can buy, sell and switch the majority of our funds with no separate charges, by yourself or as a parent on your child’s behalf.
- A 21% discount on most home and family insurance policies.
As our owner-customer you will earn OP bonuses
- Automatically according to your monthly transactions, for example for your student loan, purchases made with your OP-Visa card and fund savings
- You can use your OP bonuses to pay for, say, your insurance premiums or loan servicing costs.
As an owner-customer you can also make use of benefits provided by our partners.
- When you use Pivo, you can eat, drink and shop at a discount price. For example, you will get access to CityShoppari 2020 benefits for free, for the whole year (normally 9.90 €).
- You can find and redeem other varying benefits conveniently on OP-mobile.