Trade Republic Card

Trade Republic Card gives you a simple way to earn 1% saveback on daily spending – all while keeping fees low and management fully digital. Whether you’re booking flights or buying groceries, this Mastercard works like a debit card but adds a savings twist. Let’s explore what makes it stand out – and where it might fall short.

What Is the Trade Republic Card?

The Trade Republic Card is a prepaid Mastercard linked directly to your Trade Republic account. It operates like a debit card, drawing funds from your available balance without offering credit. You can choose between a physical and virtual version, both usable worldwide for online and in-store payments.

What makes it different is the 1% “saveback” feature: each eligible purchase automatically contributes to your savings plan. Instead of traditional cashback, the amount is invested directly into assets you select, such as ETFs or stocks – making it ideal for users who want automated investing tied to everyday spending.

How to Apply for the Trade Republic Card

Getting the Trade Republic Card is fast and fully digital. You’ll need a verified Trade Republic account before applying.

Step-by-Step Guide

1. Download the Trade Republic App
2. Verify Your Identity
3. Open the Card Section
4. Choose Between Physical or Virtual Card
5. Select a Saveback Plan
6. Confirm and Activate

Step 1: Download the Trade Republic App

Install the Trade Republic app on your smartphone via the App Store or Google Play. The card is managed entirely through the app, so this is essential.

Step 2: Verify Your Identity

To comply with EU financial regulations, you’ll need to go through a short identity verification process. This typically includes uploading an ID and a live video check.

Step 3: Open the Card Section

Once your account is active, navigate to the “Card” section in the app dashboard. From here, you can initiate your application.

Step 4: Choose Between Physical or Virtual Card

You’ll be asked to choose either a virtual card (available instantly) or a physical card (delivered in a few days). You can also add it to Apple Pay or Google Pay immediately.

Step 5: Select a Saveback Plan

Decide which savings plan your 1% saveback should be directed into. You can pick individual stocks or ETFs that will automatically grow with your purchases.

Step 6: Confirm and Activate

Complete the process with a few taps. Your virtual card becomes active instantly, while the physical card will be shipped to your address.

Trade Republic Card Overview

The Trade Republic Card is a debit Mastercard directly linked to your brokerage account. It’s designed for spending and investing in one seamless experience.

You can choose between a free virtual card or a physical card made from sustainable materials. Every time you spend, 1% of your transaction amount is automatically invested in a stock or ETF of your choice. This feature, called “Saveback,” turns daily expenses into long-term investments.

The card is available to all Trade Republic users in the Netherlands, with no credit check required. It works with Apple Pay and Google Pay, supports contactless payments, and includes foreign currency support without added fees.

There are no annual fees, no hidden costs, and no interest charges—because it isn’t a credit card. The entire experience is mobile-first, fully managed in the Trade Republic app.

Key Features of the Trade Republic Card

The Trade Republic Card stands out by merging spending with automated investing. Below are its most notable features:

1. Saveback Rewards
Every time you make a purchase, 1% of the amount is automatically invested in a selected stock or ETF. You choose where your cashback is invested—ideal for passive wealth-building.

2. No Annual Fees
The virtual card is free. The physical version has a one-time fee (€5 for the standard plastic card, €50 for the metal version), but no ongoing charges.

3. Worldwide Use with No FX Fees
The card supports payments in foreign currencies with no markup on exchange rates. Mastercard’s official rate is used, making it suitable for travelers.

4. Mobile Integration
It works with Apple Pay and Google Pay. All card settings, transactions, and investment preferences are managed directly in the Trade Republic app.

5. Security & Control
Freeze your card, change PIN, or track transactions instantly. The app-based controls offer full visibility and quick action in case of misuse.

6. No Overdraft or Credit Risk
This is a debit card, so you can only spend what’s in your account. There’s no credit line and therefore no interest or repayment obligations.

Fees and Costs of the Trade Republic Card

The Trade Republic Card is mostly free to use, but there are a few costs to be aware of — especially if you want a physical card or use cash services.

Feature	Cost
Virtual card	Free
Plastic card (black)	€5 one-time fee
Metal card / Mirror	€50 one-time fee
Monthly fee	None
Foreign transactions	Free (no exchange fee)
ATM withdrawals (SEPA zone)	€1 per withdrawal
ATM withdrawals (non-SEPA)	€2 per withdrawal
Card replacement	€5 (plastic) / €50 (metal)

All payments are processed using Mastercard’s exchange rate, and there’s no markup. However, unlike traditional debit cards, there’s no included insurance or credit line. The low fees make it a good fit for frequent travelers or users who avoid cash.

Pros and Cons of the Trade Republic Card

The Trade Republic Card offers a unique value proposition by turning everyday spending into investment — but it’s not ideal for everyone. Here’s a clear breakdown:

Pros	Cons
1% Saveback invested into stocks or ETFs of your choice	Only available to Trade Republic users
No annual fees for the virtual card	No credit function – debit only
No foreign transaction fees	Physical card has a one-time fee (€5 or €50)
Full control via app with instant settings adjustments	Not suitable for car rentals or hotel deposits
Works with Apple Pay and Google Pay	Cashback requires investment – no cash payout option

This card is best suited for users who already invest or want to automate investing through everyday spending. For those seeking traditional credit features, it may be too limited.