Trade Republic launches a free current account in Finland, challenging local banks with 3 % interest and a full savings and investment offering

HELSINKI, FINLAND - EQS Newswire - 16 September 2026 - Trade Republic is accelerating its localisation by introducing its banking experience to Finland. Starting today, Finnish customers can access a free current account with a card, market-leading interest on uninvested cash, and a comprehensive investment platform, uniting everyday banking and long-term wealth building in a single app. With the new current account, users can instantly send, receive, and transfer money across banks with complete ease.

"Finland has a strong culture of saving, but the banking market has not kept pace with what savers actually deserve," says Julian Collin, VP Growth and General Manager International Markets. "With our free current account, 3 % interest on cash balances and free savings plans we're empowering a new generation of Finnish savers to put their money in their own hands."

The current account completes Trade Republic's card offering, which includes 1 % Saveback on eligible card payments invested into a savings plan, zero ATM fees on withdrawals over €100 and no foreign exchange surcharges on transactions worldwide. Trade Republic reinforces that customers will benefit from attractive interest on their uninvested cash balances as new customers receive 3 % interest on balances of up to €50,000, while existing customers earn the ECB rate of 2.5 %, calculated daily and paid monthly, with no upper limit, allowing customers to benefit from compounding interest. According to the Bank of Finland, around 60 % of Finnish household deposits are currently kept in overnight accounts earning an average of just 0.37 % p.a. By moving uninvested cash to Trade Republic at 3 % p.a., households could earn up to €422 more in gross interest per year.

Existing customers can also unlock the 3 % rate for three months for each successful referral, up to one year. Deposited cash continues to be allocated across partner custodian banks, such as Deutsche Bank, HSBC and Crédit Agricole.

Alongside the new current account, Finnish customers have access to 24/7 Customer Support and Trade Republic's full investment offering, including savings plans, fractional trading of stocks and ETFs, fixed income products, private markets and crypto. Customers get access to 30 global exchanges with Best Price execution, or can select their preferred exchange directly via Direct Price.