What is the interest rate on Trade Republic Savings Account?
Trade Republic Savings Account pays 2% AER. After 33% DIRT tax, the effective rate is 1.34%.
Trade Republic Savings Account
2% AER - Instant Access savings account from Trade Republic. 1.34% after 33% DIRT tax.
Account Details
- Interest Rate: 2% AER (1.34% after DIRT)
- Account Type: Instant Access
- Access: Instant access - withdraw anytime
- Minimum Deposit: €1
- Maximum Deposit: €50,000
- Deposit Protection: German DGS
- Provider: Trade Republic
Notes: Interest on uninvested cash. Max €50k earns interest. DIRT not auto-deducted - self-declare on tax return.
Interest Calculator
Estimated annual interest at 2% AER:
- €1,000 → €20.00 gross (€13.40 after DIRT)
- €5,000 → €100.00 gross (€67.00 after DIRT)
- €10,000 → €200.00 gross (€134.00 after DIRT)
Use our savings calculator for detailed projections.
About Trade Republic
German broker. Interest on uninvested cash. No DIRT auto-deduction.
Website: https://traderepublic.com/
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Frequently Asked Questions
Is my money protected with Trade Republic?
Yes, deposits are protected under German DGS. This provides protection up to €100,000 under EU deposit guarantee rules.
How do I open this account?
Download the Trade Republic app and complete ID verification. The process is fully digital.
Do I have to pay tax on the interest?
Yes, interest is subject to 33% DIRT (Deposit Interest Retention Tax). Trade Republic does not deduct DIRT automatically - you must declare it in your tax return.
More Information
- Compare all savings accounts: https://smartsaver.ie/savings
- All Trade Republic accounts: https://smartsaver.ie/savings/provider/trade-republic
- Savings calculator: https://smartsaver.ie/savings/tools/savings-growth
- Trade Republic website: https://traderepublic.com/