Trade Republic, the German bank and European investment platform, is making its strong entry into the French market by unveiling two major new offers at the start of 2025: a highly remunerated current account and the first fee-free PEA on the market.
Four years after its arrival in France, where it now has more than a million customers, the Berlin online bank is taking a new step by opening its French branch. This expansion is accompanied by the launch of a current account offering an annual interest rate of 3%aligned with the rate of the European Central Bank, without any deposit ceiling. Interest is paid monthly, although subject to the single flat rate deduction of 30%.
This account, equipped with a French IBAN, offers all the functionalities of a traditional bank account: salary receipt, free instant transfers and daily payments. Innovation continues with a debit card integrating a “Saveback” system which automatically recovers 1% of the amount of each purchase in the form of investment in the client's savings plan.
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Trade Republic launches into PEA investments
At the same time, Trade Republic is launching the first Equity Savings Plan (PEA) with no commission on scheduled savings plans. This offer, particularly awaited by French investors, allows you to invest up to 150,000 euros in an optimized tax framework, with an exemption from capital gains tax after five years of holding.
Matthias Baccino, director of European markets, emphasizes that this initiative is based on a hybrid system combining deposits at the central bank and a monetary fund managed by BlackRock. It also announces that the splitting of securities, currently unavailable on the PEA, should be implemented around June 2025after the publication of an administrative order.
Trade Republic has a fairly ambitious expansion strategy, as the bank now manages more than 100 billion euros in assets for 8 million customers in 17 European countries. France, which has become its second largest market, appears to be a priority territory for fintech in 2025, as French savers seek alternatives to traditional savings solutions such as the Livret A, the rate of which is expected to drop to 2.5%. .
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