None! Simply by becoming a new Bankinter customer, you can open your Digital Smart Account on www.bankinter.com and enjoy all the benefits.

To earn interest of up to 3% APR during the first year after opening the account, you must fulfil two very simple conditions:

• Direct deposit your payroll² and activate BIZUM.

Payroll is understood to mean monthly payroll/pension/unemployment or direct deposits from self-employment.

On the 5th of each month or the following business day, we will review if the bonus requirements for the previous calendar month have been met in order to assign the corresponding interest payment in the next settlement.

The Digital Smart Account is a current account with two pockets, which are earning interest from 0% APR up to 3% APR if the conditions are met.

• For your current account: the first €5,000 at 0% NIR.
• For your savings account: unlimited amount and interest paid up to €50,000 at 2.47% NIR if the conditions are not met. And if you meet them, you will receive a 2.96% NIR for the first year after opening the account.

The interest is paid into the account on a monthly basis. This ensures that you will receive the corresponding interest every month.

It is simple to use. We will explain it with two examples:

• What happens if I deposit €60,000 when opening the Digital Smart Account?
  
  

  At the end of the day, the €60,000 will be divided between the two pockets:

  - the current account with €5,000 at 0% NIR.

  - The other €55,000 will be deposited into the second pocket and we will pay you interest on €50,000 at 2.96% NIR, subject to conditions during the first year from the time the account is opened.

• What happens if I need to transfer €5,000 and I have €1,500 in the first €55,000 in the second pocket?
  
  

  You can initiate the transfer with your app or online without any problem. The system will first transfer money from the unpaid pocket (€1,500) and then transfer the rest (€3,500 €) from the second pocket. This ensures that you still have €51,500 in the second pocket, of which €50,000 will continue to earn interest. This way we ensure that your interest-bearing savings are maximised.

The interest payments into the Digital Smart Account are made on a monthly basis. Each month, we will deposit the interest you have earned into your account, based on the average balance in your second pocket over the past month and if the conditions have been met.

Yes, your money will always be available. You can withdraw or transfer any amount with complete flexibility and as many times as you like. Without penalty and optimising the savings you have earned in the second pocket of up to €50,000 What are the steps to open the Digital Smart Account?

Open your account simply and 100% digitally.

• Fill out the form with your information: personal and employment details.
• Verify your identity using video identification.
• Digitally sign the contract and that's it! Your account with Bankinter will now be open. All that is left to do is to create a password so you can start performing transactions.

If for any reason you have to interrupt the process, you can always resume it at any time. 

To start opening your new account online, you will need the following:

• Be over 18 years of age.
• Your valid national ID card
• A Spanish mobile phone number (+34)
• A mobile device with a camera (for video identification)

Yes, there can be multiple account holders:

• To add a second account holder to your account, you can invite another person to become a co-owner during the registration process. Please note that both account holders must digitally sign the contract in order to open the account.
• If you want to open the account for 3 or more account holders, you will need to complete the contract from this link, instead of the Bankinter app.

When you open your Digital Smart Account you will have access to our Switch to Bankinter service. With this service, the change will be easy, fast and 100% digital. You can either move the entire account over or selected direct debits, all as part of the same process and with no paperwork involved. We will guide you step-by-step, and of course, we will not charge you a fee.

The Digital Smart Account includes a debit card with no issuance or maintenance fees and access to more than 17,000 national ATMs for free cash withdrawals from your debit account. In addition, we offer virtual cards so you can shop safely online.

At all locations of the following: Bankinter, Grupo Cajas Rurales, Deustche Bank, Grupo Cajamar, Laboral Kutxa, Banca March, Targo Bank, Euro Automatic Cash, and Euronet, as well as the entire Euro 6000 ATM network: CajaSur Banco, CECABANK, Cashzone, Caixa Ontiyent, Unicaja Banco S.A., Colonya Caixa Pollença, ABANCA, Ibercaja and Kutxabank.

To open a Digital Smart Account using a FIN, please call us on 900 816 833.

 Yes, you will earn interest if you return to Bankinter and open a new Digital Smart Account.