"Interest” by Trade Republic Bank GmbH. Cash account with 3.5% annual gross interest rate on cash deposit up to €50,000: Interest accrued daily & paid out monthly & withdraw deposit anytime. Funds are protected up to €100,000. They are held in an omnibus trust account at one of our partner banks. Income taxes applicable to generated interests. The European Central Bank’s day-count convention (current/360 days) method is used for interest calculation. The 3.5% rate is subject to our Bank’s discretion. Customers will be informed via our application about potential modifications prior to going into effect. T&Cs apply. The business relationship between the Customers and Trade Republic is governed by German Law as we are a German bank. To file a complaint, you can contact us directly at complaints-be@traderepublic.com. If you aren’t satisfied with the final result, you can contact the German conciliation body at the Federal Financial Supervisory Authority (BaFin) schlichtungsstelle@bafin.de.