There are a thousand and one reasons to save: buy a house, take a trip to different continents or improve your CV with a new postgraduate degree. Until a year ago, these savings were kept in accounts with hardly any profitability.
But since the European Central Bank (ECB) changed its monetary policy, many entities have increased the remuneration of their remunerated accounts, so choosing a product of this type that also pays interest can give a new boost to these goals. Some accounts have a return of up to 4% APR for one year.
And, although the body chaired by Christine Lagarde could lower interest rates at the end of the semester, many entities market “remunerated accounts that pay between 2% and 4%,” recall the experts from the comparator HelpMyCash, “so they are a good option to grow savings. Furthermore, the money is completely available,” the experts add.
Among the best accounts of the moment, the Trade Republic paid account stands out. The entity pays a 4% APR up to a maximum of 50,000 euros, which would give access to gross profits of 2,000 euros. In addition to being very easy to hire, it does not ask for any type of connection in exchange, such as payroll direct debit.
On the other hand, if you prefer a national entity, there are also different options with above-average returns. One of them is the Sabadell Online Account. In addition, the bank has once again extended the promotion by which it offers a return of 6% TIN during the first three months and then pays 2% TIN, which gives a total return of 3% per year and up to 20,000 euros, which It would mean gross profits of 596 euros.
Additionally, once the first year passes, the account will continue to reward savings with a 2% APR indefinitely.
Another interesting option is the Evo Smart Account. This is a remunerated account that pays interest of 2.85% for a maximum balance of 30,000 euros.
Like the previous ones, the bank does not request direct debit of the payroll nor does it charge commissions. You can also get a debit and credit card at no cost.
The N26 Savings Account closes the ranking of the best paid accounts. The neobank helps make savings profitable with an interest of 2.26% APR from one euro and without a time limit.
Likewise, it does not require payroll and gives access to a card that allows you to withdraw money up to three times a month free of charge from ATMs in the eurozone.
Likewise, these accounts do not carry any type of commissions, maintenance or administration. Without forgetting that both the money and the returns are protected up to a maximum amount of 100,000 euros by the Deposit Guarantee Fund of each country.
