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3.5 percent interest at Scalable Capital – but …

The Neobroker Scalable Capital is currently attracting 3.5 percent overnight interest. But there is a catch, because not all customers benefit from the campaign. In addition, the offer in cooperation with Baader Bank is only valid for a period of three months. The backgrounds.

3.5 percent interest on call money at Scalable Capital

The subject of interest rates is on everyone’s lips. Because the European Central Bank has gradually increased the key interest rate – to 3.75 percent. More and more banks are therefore luring customers with lucrative fixed-term deposit and overnight interest rates. In addition, some neo-brokers have jumped on the interest rate train – including Scalable Capital.

The Munich-based company caused a stir at the beginning of the year with 2.3 percent interest. Now, however, the neobroker has upped the ante and promises a lot 3.5 percent interest. As with the previous offering, however, there’s a crucial catch.

Secure 3.5 percent with Scalable Capital now

Daily interest rates: term, payout and maximum deposit

As at the beginning of the year, the interest applies to both new and existing customers, while the maximum deposit is also 100,000 euros. However, the offer is only valid for customers who have taken out a paid Scalable Capital “Prime Plus” subscription.

Membership also allows you to trade shares and savings plans free of charge, but this costs €4.99 per month. Another but: The 3.5 percent is only valid for a period of three months – and only from July to September.

That’s how high the interest rates are at Scalable Capital

If you want to benefit from the interest rates at Scalable Capital, you have to open a securities account as a new customer in June. The 3.5 percent is divided up as follows: 2.3 percent from Baader Bank plus a 1.2 percent bonus from Neobroker. According to Scalable Capital, a variable interest rate of 2.3 percent then applies for the fourth quarter.

The bottom line for the months of July to December is a total of 2.9 percent interest instead of 2.3 percent. With 0.6 percent more, this is a good offer, but not outstanding given the conditions. Calculated over twelve months, there was an increase of 0.3 percent within the campaign period.

Secure 3.5 percent with Scalable Capital now

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