Overview
- Scalable introduces a separate Tagesgeld account paying 2.5% variable interest for all customers with monthly crediting, no balance cap, effective immediately and stated to apply until further notice.
- The previous 2% interest on the trading settlement account will end after March 31, 2026, so customers must move idle cash to the new savings account to earn interest.
- Two-track design: the paid PRIME+ tier (€4.99/month) spreads deposits across Scalable Capital Bank and four partners—Deutsche Bank, HSBC Continental Europe, NordLB and Münchener Hypothekenbank—multiplying statutory €100,000 coverage up to €500,000.
- In the FREE tier, balances beyond deposit-insurance limits are placed in highly liquid money market funds from providers such as BlackRock, J.P. Morgan and DWS, which are segregated as special assets rather than covered by state deposit insurance.
- The offer tops Trade Republic’s 2.0% rate and is reported as an aggressive bid for retail deposits, with analysts noting the payout exceeds current ECB deposit and interbank rates, implying a deliberate customer-acquisition cost.