OP vs Nordea: prices and differences 2026
Updated
OP: lower base price including the card than Nordea (€3.95 (member price; others pay €8.25) vs. €4.99).
Short summary
- OP: lower base price including the card than Nordea (€3.95 (member price; others pay €8.25) vs. €4.99).
- OP: cheaper withdrawal fee than Nordea (€0.70 vs. €1.00).
- OP: better EPSI score than Nordea (73 (2026) vs. 71.7 (2026)).
- Note: The member price at OP requires a refundable membership contribution (€100). Other customers pay €8.25.
Comparison table
| Fact | OP | Nordea |
|---|---|---|
| Type | Traditional bank | Traditional bank |
| Home country | Finland | Finland |
| Deposit guarantee | Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank; the whole banking group counts as one bank for the deposit guarantee | Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank |
| Opening an account online with Finnish bank credentials | Yes | Yes |
| Opening an account without a Finnish personal identity code | not available | Yes |
| Cheapest package | Everyday services package, owner-customer (OP Debit, OP Classic or OP Basic) | Blue package |
| Package monthly feediffers | €3.95 (member price; others pay €8.25) (better value) | €4.99 |
| Package includes | Current account, online statement, OP credentials and digital services, and one card | Current account, online banking credentials and a Nordea Debit or Nordea Credit card |
| Bank card | OP Debit | Nordea Debit (Visa) |
| Separate card fee | Included in the package | Included in the package |
| Card notes | Included in the everyday services package. Bought separately, OP Debit and OP Basic cost €2.75/month; the current account €2.50/month (free for an owner-customer) and the OP credentials and digital agreement €3.00/month. | Included in the Blue package. Without a package €2.99/month, free for under-19s. |
| Total base price / monthdiffers | €3.95 (member price; others pay €8.25) (better value) | €4.99 |
| Free ATM withdrawals in Finland | 4 / month | 4 / month |
| Withdrawal fee after the free onesdiffers | €0.70 (better value) | €1.00 |
| Currency conversion markup on card payments | 2.50% | 2.50% |
| ATM withdrawal abroad | Withdrawal in a currency other than the euro €2.00 + 2.75% | Euro withdrawals in the EEA 4 per month free, then €1; withdrawals in other currencies €2.00 + 3% |
| Child account | Yes | Yes |
| Child account minimum age | 7 years | 6 years |
| Child account monthly fee | €0.00 | €0.00 |
| Student monthly fee | €0.00 | €0.00 |
| Current account interest rate | 0.25% | 0.25% |
| Savings account interest rate | 0.40% | 0.40% |
| EPSI customer satisfactiondiffers | 73 (2026) (better value) | 71.7 (2026) |
Highlighted rows: the figures differ. Data checked: OP 15 October 2026, Nordea 15 October 2026.
Weaknesses according to the data
OP
- For customers who are not owner-customers the package costs €8.25-8.45/month
- 2.50% currency conversion markup on card purchases in currencies other than the euro
- Online customer onboarding only for EEA citizens with a municipality of residence in Finland
Nordea
- For other customers the Blue package costs €4.99/month
- The fifth and later ATM withdrawals in a month cost €1
- 2.50% currency conversion markup on purchases in currencies other than the euro
Frequently asked questions
Which has the lower monthly fee, OP or Nordea?
OP is cheaper. Base price (cheapest package and card): OP €3.95/month (member price; others pay €8.25); Nordea €4.99/month.
Which has the lower currency conversion markup on card payments, OP or Nordea?
The currency conversion markup is the same: OP 2.50%; Nordea 2.50%.
Which has a deposit guarantee, OP or Nordea?
OP: Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank; the whole banking group counts as one bank for the deposit guarantee. Nordea: Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank.