Briefing
Several institutions and intermediaries in the Spanish market are offering noticeably higher interest rates on freely accessible savings accounts (instant-access accounts) in early September 2026. Comparison websites and press releases confirm that platforms such as Raisin, digital neobanks and established institutions are announcing promotional rates: Raisin currently lists offers with a “Cuenta Bienvenida” of up to 3.10% TAE; Trade Republic is advertising a return of around 3.04% TAE for new customers; Openbank lists a variable “Cuenta Remunerada” of around 2.75% TAE; ING has a fixed-term deposit product and a linked promotional offer of up to 3.0% TAE for certain groups of new customers; Bank Norwegian shows considerably lower, but competitive, rates in its product details.
The specific restrictions stated are important for savers: many offers are available only to new customers, are subject to a maximum balance or run for only a few months. Interest rates may fall substantially once the promotional period ends; in some cases, the terms for existing customers (usually less favourable) differ significantly from those for new customers. Interest is usually credited monthly, and the tax treatment as investment income in Spain should be taken into account.
Deposits of up to 100,000 euros per customer and institution are protected by the national deposit guarantee scheme of the country of origin; for cross-border offers, check which scheme applies.
For households needing short-term access to cash, current promotional rates may offer a simple way to earn higher returns temporarily without a long-term commitment. Key considerations remain the precise date on which the terms apply, any balance caps, exclusions for existing customers, and whether the products are permanently available or limited-time customer offers. Editors and private investors should consult the institution’s binding terms and conditions before signing up.
Editor: Daniel Mayer (Article created with AI assistance).