1Sem.·

Trade Republic introduces children's custody account - ETF savings without fund costs until 18!

Trade Republic launches a new, innovative offer for families:

With the children's custody account parents can now invest for their children easily and free of charge - and with special benefits:


📌 The most important thing in a nutshell:

  • Available immediately: Children's custody account without waiting list, opening completely digitally via app.
  • Free ETF savings plans: Share and ETF savings plans are also free of charge in the children's custody account.
  • Interest included: Currently 2.25% interest p.a. on the entire balance.
  • Unique:
    No fund costs for selected Vanguard ETFs - are credited as "Trade Republic child benefit" and automatically reinvested.
  • These include the $VWCE (+1,27 %) the $V3AA (+0,89 %) and the $V80A (+1,24 %)
  • Longer-term benefit: Fund cost exemption applies until the child's 18th birthday.
  • Savings function: Family & friends can contribute regularly to the custody account by direct debit.
  • Use the tax-free allowance: Invest up to approx. €13,000 a year tax-free for your child.
  • Early start pension at a glance: Preparation for planned state subsidy (€10/month from 6 years of age).
  • Long-term wealth accumulation: With €100/month from birth & 7% return: over 43,000 € with 18 yearsin the long term up to 1 million in retirement possible.


🎯 Target (according to Trade Republic):

To make early and efficient provision for children - for education, self-employment or retirement provision. Trade Republic makes private wealth accumulation easier, cheaper and more collaborative.


➡️ Conclusion:

A strong offer for families - with ETF savings at no ongoing costs, digital opening and the opportunity to build up assets for children together with family and friends.


Source: https://www.mydealz.de/visit/threaddesc/2577880/11853718

12
18 Commentaires

image de profil
I have no desire to open a children's custody account with such a dodgy broker. Better stick with ING
31
image de profil
@Alpalaka I also went back to ING from TR. TR was not able to split my exemption order. In my experience, it seems to me, at least at the time, that the staff were not or are not really well trained. Hopefully that may have changed.
1
image de profil
@AnBor209 Which staff? :D
I am also completely with ING. TR only has cashback and call money. As soon as there's a bit on it, I transfer it to ING
1
image de profil
same answer as before: So to open a children's custody account for the next 18 years with a broker who has such problems regarding service availability, billing etc. I would think twice about that if you can get all that with the best service from established brokers like ING Consors and all the others. Sorry, TR has lost too much trust in my opinion.
3
image de profil
@GoDividend Why do you have to think about it 50 more times? They are basically out of the race 🤷‍♂️
image de profil
@AlterMann so I don't have to think about anything, but those who are happy about the offer need some food for thought
1
image de profil
I can only agree with the previous speakers, in my opinion TR simply has too poor support. I am also in the process of transferring my custody account to ING. However, I have the children's custody account with DKB and am also very satisfied there. Quick to reach by phone and solution-oriented.
3
image de profil
@Investorenfrosch Thank you for your feedback!
image de profil
TR is like licorice. If there's nothing else, it's ok. - Otherwise everything else is better!
3
image de profil
Yes, top. But where in the app can I open it? I can't find an option to open it anywhere. Has anyone already opened one?
image de profil
@trade_commander_2498 Have you already updated your app?
1
image de profil
@DiviMike It doesn't seem to have been rolled out across the board yet. No update is available for me either, for example.
1
image de profil
@Metis Then TR seems to be lagging behind. It is not yet displayed for me either.
1
image de profil
@DiviMike Well. Limping is perhaps a bit too much to say. Such updates are rarely rolled out immediately to everyone, they are always rolled out bit by bit.
1
@trade_commander_2498 First you have to update the app. Then a link is created between your depot and Kinderdrpot.
You then go to the personal data tab at the top right, then click on the Sinbold Depot+ and fill out the form!
1
image de profil
I first opened an account with ING, which is also free. The only reason to do it with TR would be to take the interest on call money (as my wife prefers to save for the kids without the stock market)
Since the last feedback from over a year ago, they have not managed to set up the allowance for couples. Although they had written that it would be coming soon. Just bubbling around
Children's Depot: ING!
Participez à la conversation