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Cash interest rate at Freetrade

Your expert
Fact checked by
Tamás D.
Updated
Dec 2024
Personally tested
Data-driven
Independent

Does Freetrade pay interest on uninvested cash as of December 2024?

If you have uninvested cash lying around on your brokerage account, you should make it work for you in a low-risk way instead of letting it lose value. Many brokers now offer meaningful interest on your idle cash.

Overall score
4.4/5
Minimum deposit
$0
Stock fee
Low
Inactivity fee
no
Account opening
1 day
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'Conditions may apply': check the fine print for receiving interest

The interest you can earn on uninvested cash in your brokerage account may vary depending on different factors, so you should always check the exact conditions that apply.

The most frequent factors that usually influence the rate you will get are account type, minimum balance requirements, and account size, for example.

Below you can find all the information we have on cash interest at Freetrade, straight from our Freetrade review:

Interest earned on uninvested cash

As of the time of the review, Freetrade provides the following interest rates on uninvested cash:

  • 5.0% on GBP for Freetrade Plus accounts

Find the best brokers for earning interest on your uninvested cash

Does your broker not offer any interest on idle cash? Or do you want to check whether its interest rates are competitive with the rest of the market?

Check our toplist of the best brokers for cash interest to find brokers with the most attractive rates.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Further reading

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Tamás Gyuriczki
Author of this article
As a financial expert with BrokerChooser, I play an integral role in the analyst team by actively reviewing many of the 100+ brokers that are listed on our site. I personally open accounts with real money, execute trades, test customer services. My hope is that my first-hand experience with these brokers, incorporated in our reviews, helps users find the most suitable broker for their needs.
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