New Trade Republic customers can now earn up to 4% interest on savings up to €20,000 — more than triple the rate offered by some traditional Dutch banks.
The promotion runs from November 12, 2026, all the way to March 1, 2027, giving you a solid three and a half months to enjoy a generous 4% interest rate.
While Trade Republic’s promo rate only applies to balances up to €20,000, any amount exceeding €20,000 will still earn high interest, albeit at 2.5% instead.
Here’s how that rate compares to traditional Dutch banks
At 4%, Trade Republic’s rate sounds appealing. But how does it stack up to your regular Dutch bank?
According to comparison site Keuze.nl, a savings account with one of the Netherlands’ three biggest banks will net you between 1.25% and 1.6% on balances up to €10,000. On balances over €20,000, that rate lowers to around 1.10-1.5%.
Let’s do the maths — here’s how much you’d earn between November 12, 2026, and March 1, 2027, at Trade Republic, versus a regular Dutch bank.
| Deposit | Trade Republic (4%) | Regular Dutch bank (1.25-1.5%) |
|---|---|---|
| €5,000 | €60 | €19-22 |
| €10,000 | €119 | €37-45 |
| €20,000 | €239 | €75-90 |
Sure, it won’t buy you a luxury yacht, but it’s double what you’d be earning at a traditional Dutch bank.
Oké, but is my money safe with Trade Republic?
Rest assured, Trade Republic is a reputable German bank, supervised by the Bundesbank and BaFin (Germany’s central bank and its financial regulator).
Your cash is held securely at partner banks such as Crédit Agricole, Deutsche Bank, J.P. Morgan, and HSBC, with deposits protected up to €100,000 under the European Deposit Guarantee Scheme.
In other words, your funds won’t vanish into the good night while you’re fast asleep. They will, however, net you a generous savings rate over the following three months.
Have you banked with Trade Republic? Share your experience in the comments below.
