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Savings sponsor

Can I also set up a kids' account for my grandchild/godchild etc.?

Can other people also pay into the Kid’s account?

Can other people pay into the Kid’s account?

How do I set up the "Savings sponsor" function for the Kid’s account?

What are sponsors and how can I add them?

What happens to sponsors when my child reaches the age of majority?

Which payment methods are possible for sponsors?
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Responsible supervisory authorities: BaFin, Deutsche Bundesbank

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Overnight account
*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.

Taxes
Scalable Capital does not provide tax advice. Tax treatment is individual and can change.