Trade Republic and Revolut are the top two fintech savings platforms in Europe in 2026. Both offer instant-access interest on cash balances with no conditions. Key differences: yield, regulatory supervisor, and additional features.
Quick comparison
| Feature | Trade Republic | Revolut |
|---|---|---|
| APY (2026) | 2.02% | 2.27% |
| Banking license | BaFin Germany (2023) | Bank of Lithuania (2021) |
| Deposit guarantee | German DGS €100K | Lithuanian DGS €100K |
| Liquidity | Instant | Instant |
| Investing included | Yes — stocks, ETFs, bonds | Partial — investment plans |
| Monthly fee | Free | Free (Standard) |
Safety: both equally safe up to €100,000
Trade Republic holds a full BaFin banking license (Germany, 2023). Revolut holds a Bank of Lithuania license (2021). Both are covered by their national DGS schemes up to €100,000, compliant with EU Directive 2014/49/EU. For amounts below €100,000, safety is equivalent. Above €100,000, distribute across institutions or use sovereign bonds.
Yield: Revolut pays more
Revolut pays 2.27% APY vs Trade Republic 2.02%. On €10,000 over 12 months: €227 gross (€184 net) vs €202 gross (€164 net). Difference: €20 net per year. Both rates are ECB-linked and will decrease as ECB cuts rates.
Alternatives
- XTB: 3.50% APY (promotional) — view product
- Scalable Capital: 2.50% APY — view product
- MyInvestor money market fund: 2.75% — view product
FAQ
Is it safe to keep money in Trade Republic or Revolut?
Yes, for amounts up to €100,000. Both hold EU banking licenses and are covered by the European Deposit Guarantee Scheme — Trade Republic by BaFin Germany, Revolut by the Bank of Lithuania.
Which pays more interest — Trade Republic or Revolut?
Revolut pays more: 2.27% APY vs Trade Republic 2.02%. The difference is €25 gross per year per €10,000 saved.
Can I use both Trade Republic and Revolut?
Yes, they are independent with no incompatibilities. Many savers use Revolut for daily spending and Trade Republic for long-term savings and ETF investment.
When will Trade Republic and Revolut rates drop?
Both rates are linked to the ECB. The ECB began cutting rates in 2024 and is expected to continue in 2026. Rates on both platforms will adjust proportionally to each ECB decision.