• Predictable return: Scalable Fixed-term accounts offer guaranteed interest at 2.75% or 3.00% p.a.* over terms of 12 or 24 months – starting from 1 euro without a maximum amount.
• Overnight rate hike: Clients now receive 2.60% p.a.* (variable) on unlimited balances with the flexible Overnight account.
• Fully digital and seamlessly integrated: No paperwork. All savings accounts can be opened with just a few clicks directly in the app.
• Strengthened European presence: Opening of a dedicated branch in Italy (Milan) including local IBAN and automatic tax handling.

Munich, 1st September 2026. The bank is expanding its interest offering with the new Scalable Fixed-term account and simultaneously increasing the interest rates for the Overnight account. With the Scalable Fixed-term account, savers can now secure attractive interest rates for 12- or 24-month terms at 2.75% and 3.00% p.a.* At the same time, the bank is raising interest rates on flexible deposits in its Overnight account: Savers now receive 2.60% p.a.* (variable) on unlimited balances. Additional benefits include monthly interest payment, no minimum deposit, daily access and a dedicated IBAN for convenient real-time deposits and withdrawals.

As a stable component without market risk, the new Fixed-term account complements the portfolio – clients can hold up to five Fixed-term accounts simultaneously.

"Whether savers seek certainty or want to retain full flexibility, we offer a compelling home for their savings," says Erik Podzuweit, Founder and Co-CEO of Scalable Capital. "With 2.60% p.a. on flexible Overnight accounts and our new Fixed-term accounts of up to 3.00% p.a., clients can perfectly match their savings to their goals – while continuing to invest for the long term through our broker."

Full transparency and seamless integration into the app

Scalable Fixed-term accounts make saving incredibly simple: Select the term, set the amount, and you're done. The account is opened immediately, while the balance is transferred in real-time from the broker clearing account or Overnight account. Interest accrual begins immediately. There are no changes in interest rates or hidden transaction and account management fees during the term.

Since the Fixed-term account is fully integrated into the Scalable platform, existing clients have no additional administrative effort. New clients can identify themselves in a few minutes via the video or online ID function (eID).

At the end of the term, the process is fully automated: cash and interest are returned to the client's Overnight or broker clearing account, where it is immediately available for new investments. The optional reinvestment, which automatically transfers the return into a new Fixed-term account, ensures a seamless compounding effect.

Saving for a lifetime: from Kid’s account to Retirement account

With the new Fixed-term account, Scalable Capital continues to expand its product range to provide clients and their families with everything they need for investing, saving, and financing. Parents can open an Overnight or Fixed-term account directly in their children's names as part of the Scalable Kid's account. The money legally belongs to the child, while the parents conveniently manage the investment via their own app. According to a recent representative survey by Appinio in Germany on behalf of Scalable Capital, parents are not only very interested in investment products, but 70% still rely on classic savings accounts such as Overnight or Fixed-term accounts when saving for their children.

Scalable Capital's comprehensive product range spans interest on Overnight and Fixed-term accounts, ETFs, stocks, savings plans, bonds, cryptocurrencies via ETPs, derivatives, and Private Equity via ELTIF. As part of the government's private pension reform, the company will offer Retirement accounts (Altersvorsorgedepot) in the future – as a standard account and for self-directed investors – completely without custody or savings plan fees. Instead of expensive guarantees, Scalable Capital relies on maximum return potential with only 0.15% p.a. TER in the standard account, which is completely waived in the first year, as well as flexible withdrawal plans. With its own financing offer, Scalable Credit, the bank grants loans up to €250,000 at attractive interest rates of 3.49% p.a. (variable, PRIME+), with no fixed term or additional fees.

European expansion: start of the Italian branch

At the same time, Scalable Capital is continuing to drive its European expansion: The bank has opened its own branch with an office and team in Milan, Italy. By introducing local Italian IBANs and the automatic handling of capital gains tax, Scalable Capital now offers Italian investors a tailored service. This further strengthens the company's position as one of the leading banks in Europe and supports savers in Germany, Italy, Austria, Spain, France, and the Netherlands in building wealth for life.

*2.60% interest p.a. on unlimited Overnight savings, clearing accounts as per interest overview. Interest variable, for instance based on market rates. With PRIME+, up to 5 x €100,000 statutory deposit guarantee by allocating across up to 5 banks. Without PRIME+, allocation across banks with statutory deposit guarantee or money market funds where European investor protection rules (UCITS) apply, each possible as sole safekeeping method. Fixed-term savings with guaranteed interest on unlimited cash allocated across one or more banks with €100,000 statutory deposit guarantee. Additional voluntary deposit guarantee possible. Allocations are variable, for instance based on capacities and conditions.

About Scalable Capital

Scalable Capital is a leading bank that empowers people in Europe to shape their own finances. Scalable Capital makes it easy and affordable for clients to invest professionally in stocks, ETFs, cryptocurrencies, and derivatives and set up savings plans. Attractive interest, loans, and private equity complement the range of products and services. With the European Investor Exchange, Scalable Capital offers an exchange specifically for retail investors. More than one million clients already have a total of more than €60 billion on the platform.

Founded in 2014, Scalable Capital now employs over 800 people across Munich, Berlin, Vienna, Milan, and London. Together with the founding and management team led by Erik Podzuweit and Florian Prucker, Scalable Capital is building the next generation of financial services.

Further information at: www.scalable.capital. A factsheet, photos, and previous press releases are available in the Newsroom.

For press enquiries:

Ina Froehner
Scalable Capital
VP Communications & Public Affairs
+49.160.94.43.59.32
presse@scalable.capital