Bux offering 2.01% on cash balances up to €25k

Connard

Registered User
Messages
209
From an email I received from them:

If you sign up with a referral you receive a free share. They say Apple, GoPro, Dropbox or others as an example but I wouldn't get my hopes up for an Apple share.
 
Thanks for posting Connard.

I have updated the best buys.

Good to see that 100k is protected. Albeit the rate only applies from 100 EUR to 25,000 EUR.

Media article on the rate change here.

Bux explanation of how it works here.
 
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I missed that and told the Girlfriend yesterday to add some cash to her account. She holds some shares via Bux but I didn't see that on the marketing email.
 
Yeah I didn't receive any communications from them about the 2.99 fee. No email or app notification. It still applied even if you have 0 cash in your account. Your cash holding just goes negative. I assume that means if you sell shares later, the money from the shares will go against the negative balance. So, Bux is only useful if you are actively trading on it. Just holding shares there is pretty expensive.