Best digital banks in Spain

Editorial comparison of 100% digital banks available in Spain, without affiliate links, evaluated by functionality and fees.

Data verified in: 2026-07

Product APY Conditions
N26 €0 basic plan, €4.99 premium Fully digital, account opening in 5 minutes, integrated multi-currency. Free plan with full checking account features.
Revolut €0 standard plan, €4.99 plus Specialized in travel and currency exchange without fees. Integrated interest-bearing account. Optional cryptocurrencies.
Openbank (Banco Santander) €0 checking account Santander's digital subsidiary, complete Spanish regulation. Account with Spanish IBAN and automatic debits available. Integrated interest-bearing accounts.
Imaginbank (CaixaBank) €0 checking account CaixaBank's digital subsidiary. Fully manageable from app. Automatic debits and full traditional banking features.

Data verified in July 2026. Complete Spanish banking regulation. Deposit guarantee funds: N26 is German subsidiary (€100k at BAfin), Revolut is British (£85k at FCA), Openbank and Imaginbank are Spanish (€100k).

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Frequently asked questions

Is digital banking safe? Is my money protected?

Yes, they are regulated. The deposit guarantee fund protects up to €100,000 (or equivalent by country of regulation). Check where the bank is regulated.