Account Opening - Simple Account

Don't sleep on saving. €1241 is enough for two checked bags.

Wake up and switch to ActivoBank, where you don't pay Account maintenance fee.

Open online Account

1 - The amount shown is the maximum annual maintenance fee for an Account listed in the fee comparator made available by the Bank of Portugal on February 27, 2025.

Account opening without minimum initial deposit. For Accounts opened digitally, the first transaction must be done through a bank transfer. Subject to the Bank's Customer acceptance policy.

Becoming an ActivoBank Client is simple

Manage everything on your smartphone: fast, convenient, and completely secure.​

No Account Maintenance Fee

No Debit Card Provision Fee

No provision fee for the Classic Credit Card2 (TAEG 17,9%)

MB Way without any costs

1st Order3 of the Month at €0​

An App where you can do everything​

Open your Account 100% online with your Digital Mobile Key

(Portugal’s official digital authentication system)

Alone or with someone else, the choice is yours.

Fast, simple and without paperwork

1

Give us the Digital Mobile Key associated to your ID.

2

Sign your Contract Package.

3

Confirm your data.

Open an Account online

Download your mobile App and and open an Account online

Logo AB
Learn how to open an Account

Your simple Account is only the beggining

Access solutions that make your financial life easier.

Unlock extra benefits with the AB Plus or AB Premium Plan4

And if you opened your Account in the last 30 days, you’ll get 3 months free on an Account Package.

AB Plus Plan: 3,99€/month - €0
AB Premium Plan: 8,99€/month - €0

Account Package - Promotional offer of €0.00 for 3 months, valid from 01/07/2025 to 30/09/2025 for new Customers who subscribe to an AB Plus Plan or AB Premium Plan within 30 days after opening an Account at ActivoBank.

Explore the AB Plans

Simplify with the New AB Clients Term Deposit5

GNAR 2,00% (NNAR of 1,44%).

Limited to one set-up per client with an account opened within the 90 days prior to the deposit’s setup.

Term: 60 days, automatically renewable under the current conditions of the Standard Deposit (see price list). Set-up minimum: €500. Set-up maximum per deposit: €100.000. No increases allowed.

Explore the Term Deposits Savings

Clients have decided:
We are number 1

Selos Prémios Cinco Estrelas 2025 e Escolha do Consumidor 2025

ActivoBank won the Consumer Choice Award 2025 in the “Digital Bank” category. Awarded in January 2025 by ConsumerChoice - Consumer Satisfaction Assessment Center. Valid until December 2025. This award is the sole responsibility of the awarding body.

ActivoBank received the Five Stars Award 2025 in the 'Digital Banking' category. The award was granted in January 2025 by Five Stars Consulting Portugal, Lda. Valid until December 2025. This award is the sole responsibility of the entity that granted it.

Don´t postpone what you can achieve now

Open Account Online

Frequently Asked Questions

What else do you need to know?

These are our frequently asked questions.

Accounts in ActivoBank have no maintenance fee. The Bank may change the amount and/or the fees and expenses applicable, which will be published in the Price List.

The deposits of notes, coins and/or checks, in ActivoBank Accounts, can be made at Millennium BCP Branches and/or Millennium BCP machines for deposits, indicating your Account number.

They will have to go simultaneously to a Ponto Activo and bring the necessary proofs:

Identification Documents:
  • Identification Document (valid) - Portuguese Identification Document or Residency authorization or Passport or National Identity Card.
  • NIF (Tax Identification Number) (valid) - Portuguese Identification Document or NIF Card or Tax Payer’s central registration.
Proof of address (12 months):
  • National: Drivers License or Tax reimbursement statement or Water/electricity/gas bill
  • Abroad: Taxes liquidation issued by the fiscal authority of the country of residency or Document issued by the consulate.
Proof of employment situation (6 months validity):
  • Employee: Pay slip or Employment proof or Work contract.
  • Independent worker: "Green receipts"or Start of economic activity statement or Declaration from the Client supported by a card issued by the repective professional entity.
  • Self-employed: Commercial Registry certificate or Company Registration.
  • Unemployed: Unemployment statement (Employment Center enrolment) or Economic Situation Proof, issued by the Town Council for unemployed people that are not enroled in the Employment Center.
  • Student: Student ID or Enrolment proof or University attendance certificate.

Any citizen can request the activation of their Digital Mobile Key. Just install the gov.pt App and, with your Citizen Card, you can get your Digital Mobile Key instantly. Learn how.

In order to open an Account in some Activobank Branches, you will need to schedule your visit through the Support Line.

  • Valid Identification Document (one of the following documents):
    • Portuguese Citizen Card;
    • Portuguese Residence Card issued with a validity of more than 12 months;
    • Passport/Identity Card (only accepted if you are a citizen of Europe, the Schengen Area or the United Kingdom)​.
  • Valid Tax Identification Number (TIN), one of the following documents:
    • Portuguese Citizen Card;​ ​
    • TIN Card;
    • Tax Payer’s central registration​. ​
  • Proof of address dated less than 12 months* (one of the following documents):​ ​​
    • Tax reimbursement statement;​
    • Utilities bill;
    • Taxes liquidation issued by the fiscal authority of the country of residency;
    • Document issued by the consulate.​
  • If the Client is a minor, proof of address of parents/legal representatives must be presented​.​
    • *Persons under 30 years of age must provide proof of parental address (dated less than 12 months).
  • Proof of employment situation with 6 months validity (one of the following documents): ​
    • Employee: pay slip or work contract;
    • Independent worker: "Green receipts", start/change of economic activity statement (available in Portal das Finanças), company registration or commercial registry certificate;
    • Unemployed: Declaration from the Employment Center;
    • Student: Student ID, enrolment proof or payment of tuition fees (can be provided up to 12 months after completion of degree or training); ​​
    • Domestic: IRS Template 3 or Bank statement;
    • Lives off their own assets: IRS Template 3 or Bank statement;
    • Retired: IRS Template 3 or Bank statement or pay slip.
  • Valid Identification Document (one of the following documents):
    • Portuguese Citizen Card; ​
    • Portuguese Residence Card issued after December 2008 and with a validity of more than 12 months;
  • Valid Tax Identification Number (TIN), one of the following documents: ​​
    • Portuguese Citizen Card;​ ​
    • Portuguese Residence Card;
    • TIN Card;
    • Tax Payer’s central registration​.
  • Proof of address dated less than 12 months (one of the following documents):​ ​
    • Tax reimbursement statement;​
    • Utilities bill;
    • Document issued by the consulate.​
    • *Persons under 30 years of age can provide proof of parental address (dated less than 12 months).
  • Proof of employment situation with 6 months validity (one of the following documents):
    • Employee: pay slip or work contract;
    • Independent worker: "Green receipts", start/change of economic activity statement (available in Portal das Finanças), company registration or commercial registry certificate;
    • Unemployed: Declaration from the Employment Center; ​
    • Student: Student ID, enrolment proof or payment of tuition fees (can be provided up to 12 months after completion of degree or training);
    • Domestic: IRS Template 3 or Bank statement;
    • Lives off their own assets: IRS Template 3 or Bank statement;
    • Retired: IRS Template 3 or Bank statement or pay slip.
    ​

You don't need to have any documents with you, you only need the Mobile Digital Key.​

  • If you already have the Digital Mobile Key, you just need to:​
    • Download the ActivoBank App​
    • Log in with your Mobile Digital Key​
    • Confirm some data​
    • Sign the contracts (everything digital, no paperwork)​
    • Register in the App​
  • If you don't have the Mobile Digital Key:​
    • Download the Autenticação.gov App​
    • Take a picture of your Citizen Card and another of yourself (selfie)​

There are two access codes: the User Code and the Multichannel Code.

The User Code identifies you as a Client. Ifyou opened an Account online, it was sent to you in the welcome email.

The Multichannel Code is composed of 7 digits and allows you to authorize or confirm operations, as well as access the Support Line Service, Automated Service, Website, and App. If you opened an Account online, it was sent to you by SMS. You can change it at any time in the App under Profile > Security > Change Multichannel Code. Access Codes should be personal and non transferable. ActivoBank never requests more than 3 digits of the Access Code simultaneously, under any circumstance, so any request for more constitutes a fraud attempt and should be reported via +351 210 030 700* o email fraude@activobank.pt

*(Calls to national landline network), with personalized service available on business days (8am to 10pm), Saturdays (10am to 8pm), Sundays and public holidays (12pm to 8pm). The cost of communications depends on the tariff agreed with your telecommunications operator.

Login to activobank.pt and go to More Operations > Account information. You can also do it on the App, Current Account > See Details > Details.

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Account Opening - No minimum initial deposit required. For accounts opened digitally, the first transaction must be a bank transfer. Subject to the Bank’s client acceptance policy.

2- Visa Classic Credit Card - TAEG 17,9%, TAN 17,400% for a Credit limit of 1.500€ paid in 12 equal monthly installments of capital plus interest and charges. No provision fee. Subject to Credit Risk Analysis.

3 - Stock Order. Valid for all financial instruments. Subsequent orders: €5 (EUR markets) / $5 (USA)

4 - AB Plans Subscription requires payment of a monthly Package Account Maintenance Fee of €3.99 and €8.99, plus Stamp Duty at the legal rate, currently 4%, which will be debited from the respective Current Account. The campaign grants a 50% discount for 6 months, provided it is subscribed during the campaign period.

5 - New Clients Term Deposit exclusive to Clients who opened a Current Account within the last 90 days before establishing the deposit. Set-up minimum: 500€. Set-up maximum per deposit: 100.000€. Term: 60 days. Early mobilization allowed, partial or total, at any moment during the duration of the Term Deposit with a penalty of 100% applied to the interest on the amount withdrawn. Not renewable. No increases allowed.