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Cash

Do I have to pay tax on interest?

How does Scalable distribute cash balances?

How is interest calculated? Is there a cash limit?

Is there a specified holding period for the cash balance?

Under what conditions can the forwarded interest rate change?

What are the conditions for cash on the broker account?

When will I receive my interest?
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*2.75% interest p.a. (variable) on up to €500,000 in PRIME+ and €50,000 in FREE, forwarded from partner banks and qualifying money market funds. The interest rate is based, among other things, on the respective market rate. The allocation of cash balances is variable and takes into account available capacities, conditions and client activity. Balances at partner banks are protected up to €100,000 per client per bank under the statutory deposit guarantee scheme. For qualifying money market funds, instead of the statutory deposit guarantee scheme, European investor protection rules (UCITS) apply regardless of the amount. Please note our risk information on the safekeeping of cash balances. Further information on interest is available here.