Short answer: Scalable Capital is one of the most popular low-cost ways to start investing in Germany, ETFs and stocks, savings plans from 1 euro, and interest on your cash, all from one app. If you sign up through my invitation link and meet the conditions, you can also earn a 25 euro bonus . I want to be upfront: this is an investment platform, not a free-money giveaway, so the bonus comes with a holding period and a small minimum investment, and investing always carries some risk. Here is exactly how it works, honestly. Heads-up, and it is a good deal for you: the sign-up link in this post is my personal invitation link. If you use it and complete the steps below, you can earn the bonus and I receive a small referral reward too, at no extra cost to you. That is why I am happy to share it, it is a win-win. What is Scalable Capital, exactly? Scalable Capital is a digital investment platform and broker, operated by Scalable Capital Bank GmbH and regulated by BaFin , the Germa...
Short answer: for most students and working professionals in Europe, I think Revolut is the best all-round digital banking app to open first, because it is free to start, cheap for travel and foreign currency, and managed entirely from your phone. In the EU it is a properly licensed bank (Revolut Bank UAB, regulated by the Bank of Lithuania), so your deposits get the same 100,000 euro protection as any European bank. Here is who it suits, where it costs you, and how to claim the current sign-up bonus. Good news for you: the sign-up link below is an invite link, which means once you open your account through it and complete the steps, you receive the 100 euro bonus , at no extra cost. So it is worth using the link rather than signing up cold. What exactly is Revolut? Revolut is a digital banking app rather than a high-street bank with branches. You open the account from your phone in minutes, and you manage cards, payments, budgets, and currency exchange entirely in the app. In...