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Trade Republic Experiences ?

DerAufklaerer

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Apr 7, 2022
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Trade Republic offer

As some people here are also busy saving in their ETF savings plans and individual shares, this could be very interesting. Both for investors with a current custody account or anyone interested!

What is it about?

Trade Republic (Neo Broker)

Trade Republic is one of the many available neo-brokers that impresses with its low-cost ETF and share selection.
In addition to shares and ETFs, many cryptocurrencies are also available.
At the beginning of the year, the 4% p.a. interest rate on call money also caused quite a stir. interest on call money, which attracted a lot of attention.

And what's exciting to report now?

Trade Republic recently received a full banking license from the ECB and can now position itself much more broadly for the future.
Among other things, a payment/debit card including 1% saveback is now available.

The uninvested capital in your Trade Republic custody account is used.

In addition to the 1% saveback on payments, there is currently still 4% p.a. on your uninvested capital.

Very, very strong indeed!

The whole thing is of course protected by deposit protection!

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️

Since I have my ETFs and shares with Trade Republic anyway, I of course also bought the card immediately and was put on the waiting list.
Pay directly with the uninvested balance and get a saveback on top - unfortunately awesome...

Maybe this is also interesting for you?

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Advantages briefly summarized:

➡️ Free savings plans
➡️ 4% p.a. on call money + 1% saveback when using the card
➡️ Easy handling incl. 1-click orders
➡️ Deposit protection on uninvested capital
➡️ Full banking license
➡️ No custody account management fees
➡️ No hidden costs

What does it all cost?

Custody account management and account opening at Trade Republic is completely free of charge.
You can even secure a welcome bonus with my invitation link!

What other costs are there?

➡️ 1€ execution fee for individual purchases
(value of the purchase/sale does not matter)

Savings plans = free of charge

Translated with DeepL.com (free version)
 
I passed their SoF request by replying to their email with a random bank statement, they tried explaining what they needed a second time and I just sent them the same thing again... 24 hours and my account was fully unlocked again.

It's also worth noting, they never blocked my ability to withdraw, they only disabled deposits.
 
I passed their SoF request by replying to their email with a random bank statement, they tried explaining what they needed a second time and I just sent them the same thing again... 24 hours and my account was fully unlocked again.

It's also worth noting, they never blocked my ability to withdraw, they only disabled deposits.
How large is the sum on your account ?