Freistellungsbetrag for different accounts but same bank

Lorem ipsum dolor sit amet, consectetur adipisici elit
Post Reply
Feierabend
Posts: 45
Joined: Mon Mar 04, 2024 1:26 pm
Has thanked: 12 times
Been thanked: 28 times

Freistellungsbetrag for different accounts but same bank

Post by Feierabend »

Could someone kindly clarify:
I'm opening two accounts in Trade Republic, one for Tagesgeld and one for Festgeld. Can I divide half my Freistellungsbetrag between the two ie 500€ each, or should I just assign all the allowance ie 1000€ to just one, as it's the same bank? I understand that if you have accounts in different banks you can apportion the allowance between them but two accounts in the same bank? Thanks.
User avatar
PandaMunich
Posts: 293
Joined: Sat Feb 17, 2024 3:26 pm
Location: Munich
Has thanked: 75 times
Been thanked: 430 times
Contact:

Re: Freistellungsbetrag for different accounts but same bank

Post by PandaMunich »

The Freistellungsauftrag always counts per bank, not per account.
Feierabend
Posts: 45
Joined: Mon Mar 04, 2024 1:26 pm
Has thanked: 12 times
Been thanked: 28 times

Re: Freistellungsbetrag for different accounts but same bank

Post by Feierabend »

Thank you Panda for clarifying.
(I have since discovered that TR doesn't actually have a classic Festgeld option, in case anyone is looking for it.)
Post Reply