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Bux offering 2.01% on cash balances up to €25k

  • 11-04-2023 4:25pm
    Moderators, Education Moderators, Technology & Internet Moderators Posts: 35,041 Mod ✭✭✭✭

    From an email I received from them:

    As of 5 April BUX is offering 2.01% annual interest on your uninvested cash balance.

    That's right - you can start earning interest compensation by simply depositing funds into your BUX account. And the best part? No other Dutch neo-broker offers a higher rate

    Your deposit with BUX is held at ABN Amro Clearing Bank and is protected up to €100,000 under the conditions of the Dutch Deposit Guarantee Scheme (DGS).

    Interest compensation will be paid quarterly on uninvested cash balances up to €25,000.

    If you sign up with a referral you receive a free share. They say Apple, GoPro, Dropbox or others as an example but I wouldn't get my hopes up for an Apple share.