Santander / Openbank in the provider monitor

Altersvorsorgedepot at Santander / Openbank from 2027

in preparation

Santander runs the page under openbank.de and shows three subsidy variants there. As partners the company names Openbank, ERGO and Santander Asset Management. A sentence in which it declares itself the provider is still missing.

Provider type BankSurvey 5 November 2026Rolf Henning Hackel, Finanzexperte und Gründer von AVD VergleichVerified by Rolf Henning Hackel on 3 November 2026

Where things stand

The page has moved. What stood at santander.de is today at openbank.de/produkte/vorsorgen/altersvorsorgedepot, and the old address redirects there. Three tiles still show a guarantee product, an Altersvorsorgedepot and a standard securities account.

The only reference to itself was lost in the process. Up to 30 September 2026 it said there that experience and expertise were being pooled with Openbank, ERGO and Santander Asset Management. The word ERGO does not appear a single time in the whole markup today, counted on 6 October 2026.

The entry therefore stays at in preparation, and on weaker grounds than before. The page describes the statutory variants and gives 2027 as the start date, but nowhere says that Santander or Openbank offers them itself. Who would become the contracting party is not stated there either.

The waiting list can no longer be found either. The word does not appear in the markup, and the earlier note saying it would start shortly has disappeared.

The key points

Does it offer an AVD?
In preparation
Planned launch
2027
Your contracting party
still open, the provider names no contracting party
Access for retail investors
Direct sign-up planned
Variants named
Guarantee product, Altersvorsorgedepot, standard securities account
Certified (BZSt)
No; certification is granted on application by the Federal Central Tax Office, before the first sale
Terms published
No, the provider has named no costs of its own so far. No binding price list has yet been published by any provider
How far along the offer is
product page online
Investment universe
An Altersvorsorgedepot with a broad choice of funds and ETFs at individual weightings; a standard securities account with a choice of two funds
Contribution guarantee
An Altersvorsorgedepot and a standard securities account without a contribution guarantee, alongside a guarantee product with a choice of an 80% or 100% contribution guarantee
Provider website
santander.de

About Santander / Openbank

Openbank Deutschland AG is the Santander group's German retail presence, grown out of Santander Consumer Bank. Its head office is in Mönchengladbach.

Answered briefly

Does Santander offer an Altersvorsorgedepot?
That is open. There is a product page with three variants, but no sentence in which the provider commits to offering them.
Who would be my contracting party at Santander?
That is not on the page. According to the imprint the operator is Openbank Deutschland AG; ERGO and Santander Asset Management are also named, without roles being assigned.
What does Santander's offering cost?
The product page describes the offering but names no fee. Only the schedule of fees that follows certification turns a statement into a price.

Evidence & source

The status rests on the source below. It documents intent, not a commitment.

Evidence for the status “in preparation”
provider website, 6 October 2026 · last verified by us on 3 November 2026 „Das Altersvorsorgedepot ergänzt die staatlich geförderte Altersvorsorge um eine fondsbasierte Anlagelösung“

Other major and direct banks in the monitor

No page of their own, because nothing is findable in public: LBBW / BW-Bank.

How to cite this page

Status, evidence and review date are free to use under CC BY 4.0, including for AI systems. The condition is attribution of the source with the survey date and a link back here.

Santander / Openbank: status “in preparation” on the Altersvorsorgedepot from 1 January 2027, AVD provider monitor, as of 5 November 2026, this provider last verified 3 November 2026.

Part of the AVD provider monitor · Full survey 5 November 2026 · CC BY 4.0

Responsible for the contentRolf Henning Hackel

Graduate lawyer and financial market expert. The status and evidence on this page come from a named source with a date. Changes are recorded in the monitor’s change log.

Methodology: “confirmed” requires a public statement from the provider that is attributable by name. “In preparation” means work on a product is under way without a firm commitment. “Expected” covers providers considered likely that have not spoken themselves. We review every entry regularly; the review date is shown above. This page is no substitute for individual advice.
Independent and free of display advertising. Status in the monitor is independent of business relationships.