Frequently Asked Questions
Which pays more interest — Trade Republic or Revolut?
Trade Republic offers 3.25% APY on uninvested cash for all EU (ECB rate-linked). Revolut offers up to 2.50%+ on EUR Savings Vaults. Trade Republic pays more, but Revolut has broader everyday banking functionality.
Is it safe to keep money in Trade Republic?
Yes. Trade Republic has a German banking licence. Cash deposits are covered by the German guarantee fund (EdB) up to €100,000 per depositor.
Does Revolut have deposit protection?
Yes, since Revolut obtained its banking licence in Lithuania, deposits are covered up to €100,000 by the Lithuanian deposit guarantee fund. However, not all Revolut accounts have coverage — it depends on your plan and account type.
Can I have both accounts at the same time?
Yes. Many users combine both: Trade Republic for long-term savings (higher APY), and Revolut as the main account for daily spending due to its card and FX features.