Bankinter launches 1% AER Broker Account, the only account that bears interest based on stock performance

Bankinter is taking another step in its trading offer with the launch of the Broker Account, the only current account in the market in which balances bear interest based on stock market performance. Account holders may earn returns of 1% AER if they carry out at least ten trading transactions each quarter during the calendar year, with the products available on Bankinter Broker (not including foreign exchange transactions). The maximum amount of interest that can be earned is 5,000 EUR, paid out on a quarterly basis.

To calculate transactions, any transactions carried out for accounts associated with the Broker account and any other Bankinter account held or co-held by customers will be taken into account. In order to earn the offered yield, customers’ securities accounts must have the standard custody fee conditions.

The Broker Account also does not have maintenance fees and its first payment is guaranteed, meaning that interest is paid to customers even if the requirements previously mentioned are not met.

 

New version of the Broker website:

Bankinter has also taken a step further in updating its on-line banking offer with the new version of its Broker website, https://www.bankinter.com/broker/home.html, enhanced with more details on the wide range of products, tools and services Bankinter offers. The website’s private area still maintains all the inquiry and transaction-related functions for customers.