If you use our PRIME+ Broker, you will receive 2.6 % interest p.a.* on your uninvested balance of up to 100,000 euros in your clearing account with the custodian bank. No interest will be paid on cash above this amount.
There is no minimum holding period for the cash on your clearing account. Interest is calculated on a daily basis and paid out quarterly in arrears to your clearing account. You will find the payout, as soon as it has been made, in the transaction overview in your Scalable client area. The interest rate applies until further notice.
Deposits and withdrawals to your clearing account are possible at any time. Please note the regular restrictions regarding the cash available for withdrawals in the client documents section III.
The offer is open-ended and valid throughout Europe for new and existing PRIME+ clients. If you are currently using the FREE and would also like to benefit from the interest, you can easily upgrade your pricing model at any time in your client area under "Products" by clicking on "Change plan". Please note: Do not click on "Cancel Broker" if you wish to change your broker model. By doing so, you will terminate your entire securities account. This process cannot be reversed.
More detailed information about the offer.
*Starting 01/02/2023 for PRIME+. Cash account at Baader Bank AG. Variable rate up to 100,000 euros. Learn more at scalable.capital/interest-conditions