Cash rewards of up to 1% on all purchases this card offers.
C24 Bank's debit card, part of the C24 Mastercard product line, is making waves as a serious competitor to Trade Republic's debit card. This challenge is particularly evident when considering cashback, fees, and additional benefits.
Cashback
C24 offers cashback ranging from up to 2.5% (Smart account) to an impressive 10% (Max account) depending on the account package chosen. This high cashback rate, especially with the Max tier, provides attractive rewards for users willing to pay a monthly fee of up to €9.90. In contrast, Trade Republic's debit card cashback is generally more modest or limited, focusing more on investment-related incentives.
Fees
The base C24 Smart account is free, but higher tiers with better cashback and more benefits come with monthly fees ranging from €5.90 to €9.90. C24 also offers globally free payments and several free ATM withdrawals per month (4 to 8 depending on tier). After the free withdrawals, a fee applies, which is common practice.
C24 is a debit card without a credit line, and overdraft incurs interest, which is transparent but different from a credit card system. Trade Republic, on the other hand, is known for minimal fees on account maintenance and trading, but its debit card specifics are less focused on cashback or wide ATM benefits.
Additional Benefits
C24 cards come with extensive travel insurance, account and purchase protection insurance (ARAG), and can be used worldwide with both physical and multiple virtual Mastercard cards. They support Apple Pay and Google Pay fully. The card is premium-feeling, especially the Max variant with a metal card.
Trade Republic's card is more tied to its brokerage and investment ecosystem, with benefits revolving around trading, less so around general payments or insurances.
In summary, C24 Bank's debit card—with strong cashback offers, worldwide no-fee payments, valuable insurance coverages, and broad payment flexibility—is a serious competitor to Trade Republic's debit card. However, C24’s more expensive premium tiers offer the best benefits, whereas Trade Republic focuses primarily on investment-centric user value and low fees. Your choice depends on whether you prioritize general spending rewards and banking perks (C24) or investment integration and simplicity (Trade Republic).
For more information about C24's offer, you can visit the BÖRSE ONLINE Girokontovergleich. It's also worth noting that neobrokers like Sumup and Amazon have launched similar cashback card offers.
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- C24's debit card, with its high cashback rates of up to 10%, advanced technology features like Apple Pay and Google Pay support, and additional benefits such as travel and account protection insurances, plays a significant role in the personal-finance sector, challenging traditional business models like that of Trade Republic.
- In the realm of technology-driven business, C24 Bank's debit card stands as a compelling force, offering distinctive features like cashback, Global Mastercard acceptance, and premium insurance coverage, paving the way for innovation in the field of personal-finance.
