S-Bank vs OP: prices and differences 2026
Updated
S-Bank: lower base price including the card than OP (€0.00 (member price; others pay €15.00) vs. €3.95 (member price; others pay €8.25)).
Short summary
- S-Bank: lower base price including the card than OP (€0.00 (member price; others pay €15.00) vs. €3.95 (member price; others pay €8.25)).
- OP: cheaper withdrawal fee than S-Bank (€0.70 vs. €1.50).
- S-Bank: lower currency conversion markup than OP (2.45% vs. 2.50%).
- OP: better current account interest rate than S-Bank (0.25% vs. 0.00%).
- S-Bank: better savings account interest rate than OP (0.50% vs. 0.40%).
- S-Bank: better EPSI score than OP (82 (2026) vs. 73 (2026)).
- Note: The member price at S-Bank requires a refundable membership contribution (€100). Other customers pay €15.00.
- Note: The member price at OP requires a refundable membership contribution (€100). Other customers pay €8.25.
Comparison table
| Fact | S-Bank | OP |
|---|---|---|
| Type | Traditional bank | Traditional bank |
| Home country | Finland | Finland |
| Deposit guarantee | Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank | Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank; the whole banking group counts as one bank for the deposit guarantee |
| Opening an account online with Finnish bank credentials | Yes | Yes |
| Opening an account without a Finnish personal identity code | Yes | not available |
| Cheapest package | Everyday services for an owner-customer | Everyday services package, owner-customer (OP Debit, OP Classic or OP Basic) |
| Package monthly feediffers | €0.00 (member price; others pay €15.00) (better value) | €3.95 (member price; others pay €8.25) |
| Package includes | S-Tili account, online bank and S-mobiili app, online banking credentials and S-Etukortti Visa Debit | Current account, online statement, OP credentials and digital services, and one card |
| Bank card | S-Etukortti Visa Debit | OP Debit |
| Separate card fee | Included in the package | Included in the package |
| Card notes | Free for an owner-customer. For others, S-Bank Visa Debit costs €2.50/month. | 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. |
| Total base price / monthdiffers | €0.00 (member price; others pay €15.00) (better value) | €3.95 (member price; others pay €8.25) |
| Free ATM withdrawals in Finland | 4 / month | 4 / month |
| Withdrawal fee after the free onesdiffers | €1.50 | €0.70 (better value) |
| Currency conversion markup on card paymentsdiffers | 2.45% (better value) | 2.50% |
| ATM withdrawal abroad | Euro withdrawals in the EU: same price as in Finland; other withdrawals €2 + 2.5% | Withdrawal in a currency other than the euro €2.00 + 2.75% |
| Child account | Yes | Yes |
| Child account minimum age | 7 years | 7 years |
| Child account monthly fee | €0.00 | €0.00 |
| Student monthly fee | €0.00 | €0.00 |
| Current account interest ratediffers | 0.00% | 0.25% (better value) |
| Savings account interest ratediffers | 0.50% (better value) | 0.40% |
| EPSI customer satisfactiondiffers | 82 (2026) (better value) | 73 (2026) |
Highlighted rows: the figures differ. Data checked: S-Bank 15 October 2026, OP 15 October 2026.
Weaknesses according to the data
S-Bank
- Without owner-customer status, everyday services cost €15/month
- The branch network is based on S Group customer service points
- Online banking and online account opening only in Finnish and Swedish
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
Frequently asked questions
Which has the lower monthly fee, S-Bank or OP?
S-Bank is cheaper. Base price (cheapest package and card): S-Bank €0.00/month (member price; others pay €15.00); OP €3.95/month (member price; others pay €8.25).
Which has the lower currency conversion markup on card payments, S-Bank or OP?
S-Bank is lower. Currency conversion markup: S-Bank 2.45%; OP 2.50%.
Which has a deposit guarantee, S-Bank or OP?
S-Bank: Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank. 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.