Trading212 Paying 3.00% Instant Access

I dont have much in cash on it, most is invested but the small amoutn of cash is 100% QMMF
 
Would advise you check out Warning Trading 212. It took weeks to get my cash withdrawn and now I cannot get my portfolio transferred to another broker so will have to sell and then get cash transfer.
 
Philip S said:
how can you spot this my money is all in QMMF but still showing as standard 4.2%
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Blackrock1 said:
mine is at 18% does this matter?
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Xelfyou said:
QMMF 16.2% now today!!
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Bettyk said:
I dont have much in cash on it, most is invested but the small amoutn of cash is 100% QMMF
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mrvinegar said:
Mine is at 4.4%
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Just wondering did any of yee finding re taxation for this?

Seeing mixed things online, one person on reddit is saying its only taxed dirt at 33%?

Many thanks
 
irishfinanceguy said:
Just wondering did any of yee finding re taxation for this?

Seeing mixed things online, one person on reddit is saying its only taxed dirt at 33%?

Many thanks
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My reading is that Lightning's analysis in this thread is still the consensus? https://www.askaboutmoney.com/threads/trading212-increase-euro-interest-to-4-20.233628/post-1862901

(Mine is showing 40.25% in QMMF now. Are they moving more into QMMF to stay ahead of TR on interest as ECB rate drops?)
 
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Trading212 are now forcing depositors to split your savings into 2 segregated 'pots':
- Main pot
- Spending pot

From Trading212: "What is the difference between the two pots? Main pot: A place for the cash you want to invest and save. Spending pot: A place for the cash you want to spend with your 212 card."

Both currently pay the same 3.00%. But I wonder if it will remain the case that both pots pay the same.
 
Seeing as more than 30% - 40% of savings here seem to be in QMMFs, and that loss in capital is not protected, this seems like a good time to reconsider if your money is safe at T212 or not. (by the terms, it seems it's not?)
 

I guess they have to segregate funds for the card part. otherwise you could inadvertently spend more than is in your account (due to time delays from card payment schemes back to them)
 
shrinn said:
Seeing as more than 30% - 40% of savings here seem to be in QMMFs, and that loss in capital is not protected, this seems like a good time to reconsider if your money is safe at T212 or not. (by the terms, it seems it's not?)
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The QMMF's are very low risk.
 
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