Trade Republic Flexible Savings Account: Trade Republic Tagesgeld + Depot Review 2026
In a nutshell:
- The “Trade Republic Tagesgeld + Depot” is a flexible savings account offered by Trade Republic.
- It pays a top interest rate of 2% annually.
- Savings are protected under the national deposit insurance scheme of Germany and Ireland.
Find all the details below in our frequently asked questions, or enter your savings amount and duration in our interest calculator below to easily figure out in a few seconds how much return you can earn with your flexible savings account by Trade Republic.
Trade Republic
Trade Republic Tagesgeld + Depot
2.00%
annual percentage yield
How much interest does the Trade Republic Trade Republic Tagesgeld + Depot pay?
Trade Republic offers the flexible savings account "Trade Republic Tagesgeld + Depot" with monthly interest payouts. The regular interest rate is 2%.
Who is behind Trade Republic?
Trade Republic is a German neo-broker based in Berlin and Düsseldorf. While initially known for equities and ETF trading, Trade Republic has expanded its offerings to include interest-bearing cash products and banking cards. This makes it a hybrid solution for a wide range of users.
The fintech's strengths are its mobile app and web platform, positioning it toward digitally savvy customers who prefer app-centric financial services without physical branches. Trade Republic operates under a German banking licence with its partner bank.
How safe is my money with Trade Republic?
Becoming a customer with Trade Republic, they open a clearing account with Deutsche Bank, JP Morgan, Solarisbank, or Citibank. Citibank operates under an Irish banking license, while the other banks follow German regulations. In the event of bankruptcy, the national German or Irish insurance deposit schemes cover up to 100,000 Euros in funds. Germany has the highest credit rating possible (AAA). Ireland's credit rating is "AA."
To guarantee the interest rate, Trade Republic and its partner banks may also invest part of your funds in a money market fund. This does not affect how you can access your deposits for daily use. However, the EU deposit insurance does not apply to money market funds. They are considered special assets and remain untouched in the event of a bank's bankruptcy; still, they could be affected by market fluctuations during a financial crisis. The allocation of your funds can always be tracked in the online banking and mobile app.
How can I manage the Trade Republic Tagesgeld + Depot account?
The Trade Republic Tagesgeld + Depot at Trade Republic is managed primarily via the mobile app (iOS and Android) and the online web platform, where customers can view balances, perform transactions, invest, create or order a debit card, and access documents. Customer support is accessible via in-app messaging. There is also an emergency hotline available. Trade Republic’s app, website, and customer support are available in German, English, French, Italian, Dutch, Portuguese, and Spanish.
How can I open the Trade Republic Trade Republic Tagesgeld + Depot?
To open the "Trade Republic Tagesgeld + Depot" with Trade Republic, you must download the mobile app using the QR code or link on their website. Applicants must be at least 18 years old; however, parents or guardians may open an account for their minors. You can get a Trade Republic account with a residence in Germany, Austria, France (including French Guiana, Guadeloupe, Martinique, Mayotte, Réunion, and Saint-Martin), Spain, Italy, the Netherlands, Belgium, Luxembourg, Finland, Ireland, Greece, Portugal, Estonia, Latvia, Lithuania, Slovenia, and Slovakia.
The onboarding process requires personal information and identity verification via video identification using the mobile app or a webcam. As a fallback, there is an option for photo identification. Once verification and compliance checks are complete, your Trade Republic flexible savings account is immediately activated and ready to use.
All customers automatically receive a free broker account for stock trading. However, stock investments are not mandatory; you can also use the clearing account exclusively to receive interest on your parked cash.
About the Author
Disclaimer: This blog and providing support are my passion and hobby. However, I do not intend to provide financial advice. All investments involve risks of loss. This post is non-binding, for informational purposes only, and does not represent a complete market overview. I do not take responsibility for the accuracy and up-to-dateness of the data (§18 ZKG).
Some of the links are promotional links. You help to keep this site running, as I gain a small commission for each purchase. It does not come at any cost to you.
