Frankfurt Two percent interest per year on the customer’s money balance: With this offer, Trade Republic is attracting attention these days. Because that makes the Berlin neobroker one of the providers with top conditions on the German market.
But how can this offer work at all – and why haven’t the classic banks offered it for a long time? The most important questions and answers at a glance.
What exactly does Trade Republic offer in the future?
The company offers two percent annual interest on customers’ money balances, both for existing and new customers. The offer is valid for both customer groups up to a credit of 50,000 euros, there is no time limit. According to the company, the interest income is credited monthly.
Why is this step even possible?
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