EPISODE · Jun 17, 2026 · 15 MIN
Is This The Best FREE Bank Account in Europe? (3% Interest & 1% 'Cashback')
from Banking Without Borders · host Technically Money
In this episode, we make the case for Trade Republic being the best bank account in Europe — then try our hardest to poke holes in it.What we cover:Why it's not Revolut or Wise — and why we keep recommending Trade Republic insteadThe full ECB deposit rate passed straight to you (recently bumped to 2.25%)The 3% promotional rate for new customers — and who's locked out of itHow "Saveback" actually works, and the savings-plan catch attached to itFee-free spending and ATM withdrawals worldwide (plus the one €100 gotcha)How it stacks up against Revolut and Trading 212 on fees, limits and supportThe customer service meltdown they fixed with 1,000+ agents and a 24/7 phone lineThe reliability wobbles during volatile markets — and who they actually matter forThe big question: can a fee structure this generous really last?Using Trade Republic? Tell us what you actually think. Join our new Discord to chat directly with Jan and Jonny — link below. Join the new Banking Without Borders Discord community https://link.bankingwithoutborders.co.uk/discordSubscribe on YouTubehttps://link.technicallymoney.com/oy8eCheck out our website DepositScout.com for the latest savings rates. Connect with us (via LinkedIn)Jan: https://www.linkedin.com/in/jan-watermann/Jonny: http://www.linkedin.com/in/jonny-peaseGot a question or topic you want us to cover? Drop us a message at [email protected]
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What this episode covers
In this episode, we make the case for Trade Republic being the best bank account in Europe — then try our hardest to poke holes in it. What we cover: Why it's not Revolut or Wise — and why we keep recommending Trade Republic insteadThe full ECB deposit rate passed straight to you (recently bumped to 2.25%)The 3% promotional rate for new customers — and who's locked out of itHow "Saveback" actually works, and the savings-plan catch attached to itFee-free spending and ATM withdrawals worldwide ...
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Is This The Best FREE Bank Account in Europe? (3% Interest & 1% 'Cashback')
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