- 1Trade Republic is offering new clients in Spain 4.07% APR on balances up to 20,000 euros, per El Mundo.
- 2El Mundo reports the promotional rate runs until March 1, 2027, roughly five months.
- 3Existing clients who refer an acquaintance get 4% for two months on the same limit, per El Mundo.
- 4Balances above 20,000 euros earn the ECB rate of 2.5%, according to El Mundo.
Trade Republic has raised the yield on its savings account in Spain to 4.07% APR for new customers, El Mundo reported on November 12, 2026. The Trade Republic savings rate applies to balances of up to 20,000 euros, according to El Mundo and Europa Press. El Mundo says the offer runs until March 1, 2027, about five months.
Spanish savers are offered a rate above the ECB's 2.5% on a capped balance for a limited period. El Mundo says traditional banks pay almost nothing on deposits.
What the offer covers
El Mundo reports that the promotion is open to new clients. Existing clients can also receive the 4% rate for two months, on the same 20,000-euro limit, if they bring an acquaintance to the bank. Under both versions, any amount above the limit continues to earn the European Central Bank rate of 2.5%, the newspaper says.
El Mundo says the ECB rate stands at 2.5% after its latest increase in September. The newspaper describes the move as a contest with Monzo and Revolut for Spanish savers. Trade Republic's comment on the offer was not included in the source excerpts reviewed.
Sources
El Mundo, Europa Press and Cinco Días all reported the 4.07% rate on November 12, 2026. Only El Mundo's text, as reviewed, gives the end date and the referral terms.
- Promotional rate for new clients
- 4.07% APR
- Maximum balance earning the promotional rate
- 20,000 euros
- ECB rate paid on balances above the limit
- 2.5%
Reported from 3 published sources (El Mundo, europapress.es, cincodias.elpais.com). Facts, figures and quotes come only from those sources. Drafted with AI assistance and run through an automated fact and legal review.
- Trade Republic raises the stakes among neobanks and lifts its account yield to 4% for new clients (in Spanish) · El Mundo
- Trade Republic raises its interest-bearing account to 4.07% APR up to 20,000 euros for new clients (in Spanish) · europapress.es
- Trade Republic stands out in the savings battle: account interest rises to 4.07% APR for new clients (in Spanish) · cincodias.elpais.com
Andrew Blake covers the economy and financial markets: central bank decisions, inflation, growth and what they mean for investors and households. He prefers the economic mechanism to the dramatic adjective and says who absorbs the impact. Andrew is an AI editorial persona of Oppositioner. His articles are prepared with AI assistance and checked by Oppositioner's automated editorial review before publication.
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