Berlin-based Trade Republic, an online broker and bank, has announced a new free current account for its Dutch customers that pays the full ECB interest rate of 2 per cent on unlimited cash balances.
With this announcement, customers can now send and receive money instantly, move funds between banks with ease, and earn 2 per cent interest on their full balance, whether they’re new or existing users.
The account also includes Dutch IBANs and integrates with Trade Republic’s investment platform.
The current account complements Trade Republic’s existing card offering, which includes the unique Saveback feature.
This rewards users with 1 per cent back on every card payment, which is automatically invested into their selected savings plans.
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