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Why is Republic Trade is the online bank that everyone is talking about?

If you are looking for a new online bank for the beginning of the school year, the choice is wide! With all the players available in the market, making a decision is not always simple and, nevertheless, Trade Republic is essential in the smartphones of many people.

Trade Republic is the German bank that allows you to follow your money, spend, invest and save. Through your smartphone and the dedicated mobile application, available on iOS and Android, you can easily send money to your loved ones, invest in cryptography or invest in a pea. Trade Republic is a free online bank, there are no subscription rates and withdrawals of more than 100 euros are free and unlimited for distributors around the world.

To open your account in Trade Republic, you must be more than 18 years old, have a smartphone, but also have your permanent residence in France, with a fiscal obligation in France. Today, Trade Republic has more than 8 million users in 17 European countries.

A free account and that they also pay you every month

As soon as your Republic commercial account, you can spend your money through a free virtual card or ask for one of the two physical cards available, namely a classic visa card (single payment of 5 euros) or the mirror card (unique payment of 50 euros). Note, thanks to Saveback, you will receive 1% of your expenses made with the card.

If you wish, you also have the possibility of rounding your card payments and investing rounding. In fact, Trade Republic is an online bank that is considered to facilitate investment. From only one euro, you can start investing in shares, ETF or crypts, all easily and without hidden costs.

If you prefer to invest in the long term, Trade Republic also offers savings plans in ETF or shares, as well as a PEA in which it is possible to invest up to 150,000 euros with income tax capital gains. Trade Republic has also negotiated derived products with partners such as HSBC, Société Générale and Vontobel.

This content was carried out by an expert from the BFMTV purchasing team, independent of BFMTV.com editorial staff. The indicated prices occur as an indication and they are likely to evolve. BFMTV is likely to receive remuneration when one of our readers proceeds to a purchase through the links integrated in this article.

Author: BFM purchases
Source: BFM TV

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