What interest does Trade Republic pay in Ireland?

3.04% AER on cash up to €50,000, as a new-customer offer, paid monthly. Trade Republic publishes no standard rate for existing Irish customers. Verified on traderepublic.com on 1 August 2026.

Is money in Trade Republic protected?

Cash is held at partner banks (Citibank Europe, Deutsche Bank, HSBC and others) and covered by each bank’s deposit guarantee scheme up to €100,000. Investments are held separately as your property and are not deposit-guaranteed.

Do I pay tax on Trade Republic interest?

Yes, but nothing is withheld. You declare it to Revenue yourself: 33% if returned on time, 40% if late. Our DIRT page covers the form and the deadline.

Trade Republic’s 3.04%, read carefully

Trade Republic pays the best instant access rate available to Irish savers, 3.04% AER on up to €50,000. It is a new-customer offer, and Trade Republic publishes no ongoing rate for Ireland at all. Strong deal, unpublished tail.

Every rate on this page was read from the provider's own site. Last verified 1 August 2026.

Trade Republic savings and deposit accounts with AER, DIRT treatment and protection
Provider & account			Limits	DIRT	Protection	Verified
Trade RepublicInterest on cashNew customer offer; no ongoing rate is published for Ireland. Cash sits with partner banks (Citibank Europe, Deutsche Bank and others), each with its own guarantee. You declare the interest yourself.	3.04%	Instant accessFully flexible, interest paid monthly	max €50,000	33%self-assess	Partner-bank DGS€100,000	1 Aug 2026

Trade RepublicInterest on cash
3.04%
Term / access
Instant access · Fully flexible, interest paid monthly
DIRT
33%self-assess
Limits
max €50,000
Protection
Partner-bank DGS · €100,000
New customer offer; no ongoing rate is published for Ireland. Cash sits with partner banks (Citibank Europe, Deutsche Bank and others), each with its own guarantee. You declare the interest yourself.
1 Aug 2026

Ranked by AER, highest first. Nobody can pay for position or inclusion. How we rank, and how we get paid

Trade Republic's best lump sum rate

3.04%

Interest on cash

The market's best

3.23%

Raisin · BluOr Bank, fixed term deposit

See every rate ranked or go straight to Raisin

What the offer actually is

The 3.04% is explicitly for new customers, capped at a €50,000 cash balance, fully flexible, paid monthly, activated in the app. What it becomes afterwards is not published anywhere on Trade Republic’s Irish site. Historically the rate has tracked the ECB deposit facility rate, currently 2.25%, but that is observation, not commitment.

Where the money actually sits

Cash is held in omnibus trust accounts at partner banks, currently Citibank Europe, Crédit Agricole CIB, Deutsche Bank, HSBC Continental Europe, J.P. Morgan SE, Natixis and SEB, and is protected by the deposit guarantee scheme of whichever partner bank holds it, up to €100,000. Securities in the account are separate: they are your property in custody, not deposits.

No Irish DIRT is withheld. The interest goes on your Revenue return, at 33% if filed on time. The mechanics are on our DIRT page.

Trade Republic questions, answered straight

What interest does Trade Republic pay in Ireland?: 3.04% AER on cash up to €50,000, as a new-customer offer, paid monthly. Trade Republic publishes no standard rate for existing Irish customers. Verified on traderepublic.com on 1 August 2026.
Is money in Trade Republic protected?: Cash is held at partner banks (Citibank Europe, Deutsche Bank, HSBC and others) and covered by each bank’s deposit guarantee scheme up to €100,000. Investments are held separately as your property and are not deposit-guaranteed.
Do I pay tax on Trade Republic interest?: Yes, but nothing is withheld. You declare it to Revenue yourself: 33% if returned on time, 40% if late. Our DIRT page covers the form and the deadline.