Savings accounts

Trade Republic: 3.04% TAE on cash up to EUR 50,000 for new customers, paid monthly, full access

Interés sobre efectivo (cuenta con IBAN español)

Net value, first year

€246.24

#4 of 20 in this goal

Value per month of commitment

n/a

Commitment: None

Reward

Rate3.04% TAE

first €50,000

Terms

Reward
3.04% TAE on cash balances up to EUR 50,000, new customers only. Interest is calculated daily and paid monthly into the account with a Spanish IBAN. Cash can be added or withdrawn at any time and spent with the card against the interest-bearing balance. Paid: Monthly.
Rate
3.04% TAE, on the first €50,000
Requirements
  • New customers only
  • Activate the interest
  • Offer for new customers only; terms and conditions apply
Fees
€0/month. Monthly card fee free. Cash withdrawals worldwide free; withdrawals under EUR 100 carry a EUR 1.00 fee. Order fee on investments EUR 0, settlement fee EUR 1.00 per trade (EUR 2.00 on Direct Price exchanges).
Penalty
None stated
Eligibility
  • Residents only: Unknown
  • NIE or TIE accepted: Unknown
  • Open to non-residents: Unknown
  • The page does not state residency or NIE/TIE rules.
Valid until
No end date stated
Checked
(today, confirmed by the bank)
Notes
The page does not say how long the 3.04% lasts or what the rate is above EUR 50,000 or for existing customers; both unknown. Deposits are covered by the German, French or Irish guarantee schemes up to EUR 100,000 per client and bank. Fees from the pricing modal on traderepublic.com/es-es.

How the value is built

Score breakdown for the default profile
LineEUR
Interest 3.04% TAE on EUR 10000 for 12 months€304.00
Withholding 19% on interest-€57.76
Net value, first year€246.24

Default profile: gifts at 80% of retail, a balance of €10,000. Change them in the search filters. Methodology

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Not financial advice. Terms change: read the bank's page before you sign.