Your money earns more
Forwarded 2.5% interest p.a.* on Broker balances of up to €500,000 in PRIME+ and €50,000 € in FREE.
Investing involves risks.
Current interest rates for Broker cash balances
Variable interest rates |
FREE Broker |
PRIME+ Broker |
PRIME Broker |
|---|---|---|---|
Scalable account |
2.5%* p.a. |
2.5%* p.a. |
- |
Baader Bank account |
- |
1.35%1 p.a. |
- |
All rates shown are per annum (p.a.).
1The bank is entitled to adapt the interest rate and tiering system to the conditions on the money market and/or capital market by increasing or decreasing them, taking the refinancing options into account. For the current interest rate and tiering system please refer to Baader Bank’s special conditions governing the Schedule of Prices.
How does Scalable distribute cash balances?
We want to pass on attractive interest rates and thus provide a competitive offer. To this end, we distribute the cash balances among trustee banks and qualifying money market funds. We exercise the necessary care and diligence when selecting, commissioning and regularly monitoring trustee banks and qualifying money market funds. As part of our due diligence, we continuously review the need for allocation to various trustee banks and/or qualifying money market funds. In doing so, we take into account the available capacities at the partner banks, the respective conditions of the partner banks and qualifying money market funds, your deposits and withdrawals, your trading activity as well as taxes and fees. This means that you can carry out all transactions regardless of how your cash is distributed. The distribution of your cash balance can vary accordingly and is not subject to a fixed ratio. This can also mean that your cash balance is only held at a trustee bank or only at a qualifying money market fund.
You can view the distribution of the cash balances in your Scalable account in the monthly account statement and at any time in your app or on the web.
Please note our risk information on the safekeeping of cash balances.
Under what conditions can the forwarded interest rate change?
Cash balances are held at trustee banks and money market funds without a fixed term and with variable interest rates. The respective interest rate is based on the conditions on the money markets and/or capital market and the ECB's interest rate for deposits. The trustee banks may raise or lower their interest rates at any time. The interest rate of the qualifying money market funds, also known as the yield, can be viewed on a daily basis at the respective fund provider. You can find all links and the documents of the trustee banks and qualifying money market funds here:scalable.capital/documents-information.
Please note our risk information on the safekeeping of cash balances.
Are my assets safe? What happens in case of insolvency of Scalable Capital or the partner banks?
Cash balances
We allocate cash balances to trustee banks and qualifying money market funds with the necessary care and diligence. The distribution can change continuously and depends on the available capacities, conditions and customer activity. This may also mean that your assets are only held at one partner bank or only at one qualifying money market fund.
Clients’ cash balances - regardless of whether they are held in collective trust accounts with a partner bank or with qualifying money market funds - are not affected by the insolvency of Scalable Capital.
In the event of the insolvency of a partner bank, the corresponding deposits are protected by the statutory deposit guarantee up to €100,000 per client per bank. In the case of qualifying money market funds, the UCITS protection standards apply instead of the deposit guarantee, irrespective of the amount. In addition, allocations in qualifying money market funds are protected as special assets for an unlimited amount and are not affected by the insolvency of the capital management company.
Please note our risk information on the safekeeping of cash balances.
Securities
In case of insolvency of Scalable Capital, you are entitled to the return of your securities. These are not part of the bankruptcy estate and are protected to an unlimited extent.
Overview over interest products
Money market, bonds, ETFs, and more – explore opportunities to make more of your money.
Interest forwarded |
Bonds | iBonds | Money market ETFs |
InterestInvest |
|
|---|---|---|---|---|---|
Interest rate |
2.5% p.a. (variable)* |
Up to 3.1% p.a. |
Up to 3.77% p.a. (euro) or 5.19% (dollar)2 |
Up to 2.663% p.a. (€STR, status: March 2025) |
Target return 2.9 % p.a.3 |
Selection of securities |
- |
- |
|||
Term |
Unlimited |
Depending on the product (3-5 years) |
Depending on the product (2-5 years) |
Unlimited |
Unlimited |
Availability |
On cash on your broker account |
Tradable in all Scalable Broker price plans |
In Scalable Wealth |
||
Investing involves risks.
2 Note currency risk. Learn more.
3 The target return depends on market developments and is shown before costs. It was calculated on the basis of the portfolio components’ return as of 03 March 2025. The ETF costs (0.13% p.a.) and wealth management/trading fees (0.75% p.a.) will have a yield-reducing effect. Expected returns are forecasted and do not represent a reliable indicator of future performance.
Frequently asked questions
We will forward 2.5% p.a.* variable interest on uninvested cash of up to €50,000 in the FREE Broker and €500,000 in the PRIME+ Broker to clients with a Scalable Capital custody account. Cash balances are safeguarded in accounts with partner banks and in money market funds. Initially, these are Deutsche Bank, J.P. Morgan Asset Management, DWS and BlackRock. Deposits are protected up to €100,000 per customer per bank under the statutory deposit protection scheme. For money market funds European investor protection rules (UCITS) apply regardless of the amount.
Interest is calculated on a daily basis and forwarded to your clearing account quarterly.
For your broker account, we work with partner banks as well as qualifying money market funds. These are closely regulated funds that have to meet the following requirements:
- Adhere to European investor protection rules (UCITS), regardless of the amount you invest.
- Their primary aim is to keep the value of the fund stable.
- They invest exclusively in high-quality short-term instruments (e.g., treasury bills, commercial papers, or certificates of deposit) with an average maturity of 60 days.
- Provide liquidity through same-day or next-day settlement.
Like all securities, money market funds are segregated assets and therefore would not be part of the insolvency assets of Scalable Capital or the fund issuer.
Please be aware of the risks of money market funds.
There is no minimum holding period. Interest will be calculated daily and forwarded to you quarterly.
Cash balances are safeguarded in accounts with partner banks and in money market funds. Deutsche Bank, J.P. Morgan Asset Management, DWS and BlackRock are included from the start. Deposits are protected up to €100,000 per customer per bank under the statutory deposit protection scheme. For money market funds European investor protection rules (UCITS) apply regardless of the amount.
Like dividends or profits from the sales of securities, interest payments are considered investment income and are subject to a final withholding tax. This is paid automatically. The respective taxes are withheld by Scalable Capital and forwarded to the tax office, taking into account exemption orders and loss pots, if applicable.
This only applies to persons who are liable to pay tax in Germany. Persons who are liable to pay tax outside Germany are obliged to determine and pay the applicable taxes themselves. Please note that Scalable Capital does not provide tax advice in this regard. If you have any questions regarding your individual tax situation, please contact your tax advisor or your tax office.
The amount of capital gains tax/solidarity surcharge paid on your behalf can be found in your personal client area. To do so, please log into your personal client area on our website, open the menu item "Profile" and click on "Taxes".
Interests will be calculated to the day and is forwarded to you quarterly. After the end of a calendar quarter, we will forward the interest to your broker account. For the first quarter of a year, this will happen in April, for the second quarter in July, etc.
Cash balances are safeguarded in accounts with partner banks and in money market funds. Deposits are protected up to €100,000 per customer per bank under the statutory deposit protection scheme. For money market funds European investor protection rules (UCITS) apply regardless of the amount.
In the event of insolvency of Scalable Capital, you have a claim to surrender your securities. These do not fall into the insolvency estate and are therefore also protected.
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