Overview
- Trade Republic lifted its remunerated account to 3.04% TAE for new customers, adding a Spanish IBAN, Bizum support, no maintenance fees and 1% cashback on card spending.
- Existing customers can unlock the new 3.04% conditions through referrals, gaining three months at 3% per successful invite and a full year after four successful invites.
- Bankinter raised its Digital Remunerated Account to 2.50% TAE for balances up to €100,000 with the rate guaranteed through December 31, 2026, and it targets new customers.
- Analysts say these richer rates are customer‑acquisition plays led by digital and foreign lenders, since accounts can serve as a hook for investment, cards or premium plans as inflation sits near 3.2% in Spain.
- Consumer advisers urge checks on balance caps, requirements, fees, interest payout timing and deposit‑guarantee coverage, noting some foreign banks now offer about 3% on one‑year deposits.