Bank matchs Trade Republic & Co.'s high-interest rates, drawing in more customers.
In the world of personal finance, finding the best savings account can be a daunting task. However, a new player in the market, Bigbank from Estonia, is making waves with its attractive offer of 3.75% interest on daily money for new customers.
This interest rate, valid for four months, is currently the highest among banks in the BÖRSE ONLINE Daily Money Comparison. Other banks offering competitive rates include Finvesto (3.25% for up to 10 million euros for one month), BBVA (3% for six months), TF Bank (2.65% for up to 100,000 euros for four months), Openbank (2.75% for three months), and Trade Republic (2%) among others.
It's important to note that Bigbank's offer is only available for new customers, and the interest will be credited until December 31st of the year (or upon cancellation). After the initial four months, the interest rate will drop to 2.7% (variable).
While the comparison occasionally uses affiliate links to provide free content, the remuneration from these links does not influence the content of the article. The funds offered by Bigbank are not protected by German deposit insurance, but by Estonian deposit insurance, rated A+.
Elsewhere in the financial landscape, Mega-Action Now at Consorsbank offers a generous bonus and cheap stock trading. Meanwhile, a stock expert has revealed undervalued German stocks they are buying now.
It's worth mentioning that Trade Republic does not have such conditions as Bigbank, as it passes on the deposit rate of the ECB to its customers. This means that while the interest rates may not be as high, the funds are backed by the stability of the European Central Bank.
The top priority of this article is to provide objective content and inform independently. With that in mind, it seems there are still a few more attractive offers available for those seeking to maximise their savings.
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