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Scalable Capital will give a return of 4% on its deposits for new clients

Date: April 22, 2024 Time: 06:56:18

The digital investment platform, Scalable Capital, has assured this Wednesday in a statement that it has a new offer of 4% annual return on the money deposited up to an amount of 100,000 euros for new clients who register in its Prime + service and will execute at least four securities transactions between September and December.

As he explains, these transactions can be both executions of the investment plan and individual orders, and the payment of said bonus will take place in January 2024.

The profitability offered results from applying the variable interest rate of the deposit bank Baader Bank (currently 2.6% per year), complemented by a variable interest rate of 1.4% provided by Scalable Capital.

Thus, the resulting 4% annual compensation is higher than the current ECB deposit rate, of 3.75% return. For a cost of 4.99 euros per month, and can be canceled at any time, the Prime+ rate offers, in addition to this 4% per year, commission-free trading for orders from 250 euros, as well as investment plans in ETFs, funds and shares.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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