The clearing account is primarily used for the settlement of securities transactions such as purchases, sales, or dividend credits. The Overnight account, on the other hand, is optimised for earning interest on cash deposits.
The following applies to your Overnight account:
2.50 % interest p.a.* on unlimited credit
Monthly interest credit
- Cash can be deposited and withdrawn at any time
*2.50 % interest p.a. on unlimited cash balances. With PRIME+ up to 5 x €100,000 statutory deposit guarantee through the distribution across up to 5 banks plus additional deposit guarantee through banks with voluntary deposit guarantee; otherwise distributed across banks with each €100,000 statutory deposit guarantee per bank, or money market funds where European investor protection rules (UCITS) apply. Variable interest and variable distribution depend, among other things, on market rates, capacities, and conditions.