Savings Interest Rates, Switch Offers and Guides for Trading 212

Who they are

Trading 212 is a European fintech brokerage group founded in Bulgaria in 2004 and headquartered in London. Co-founders Ivan Ashminov and Borislav Nedialkov originally called the business Avus Capital - Ashminov reportedly bought the domain Trading212.com for £10 and wrote the first version of the platform himself. The company started out in forex before broadening into stocks and ETFs. The big moment came in 2017, when Trading 212 disrupted the UK stock brokerage industry by offering the first zero-commission stock trading service in the country. Most people still think of it primarily as an investing platform, which is fair - but since 2024 it has also offered a Cash ISA and a debit card, making it a more rounded option for everyday savers too.

Savings accounts

Trading 212 currently offers two ISA products for UK savers. The Cash ISA pays a variable rate of 3.60% AER on instant-access balances from just £1, and it is a flexible ISA - meaning you can withdraw and replace money within the same tax year without losing your annual allowance. That flexibility is genuinely useful and not universal across the market. The Stocks and Shares ISA sits alongside it for those who want to invest rather than save, covering a huge range of shares and ETFs with zero commission.

One practical tip worth flagging: the app presents both ISAs side by side, and it is easy to open the wrong one by mistake. Make sure you select the Cash ISA specifically if cash savings are what you are after.

On FSCS protection, the picture differs between the two accounts. Cash ISA deposits are protected up to £120,000 - this increased limit was introduced in December 2025 and applies to eligible cash deposits held with UK-authorised firms. For the Stocks and Shares ISA, FSCS covers investments up to £85,000 per person if Trading 212 fails and is unable to return your investments - it does not protect against investment losses due to market movements.

Is it right for you?

Trading 212 suits savers who are comfortable with a fully app-based experience and want to keep investing and cash saving under one roof. The Cash ISA is genuinely competitive and the flexible ISA status is a real plus. The Stocks and Shares ISA is worth a look if you are thinking about using more of your £20,000 annual allowance for investing - particularly relevant given the planned reduction to the cash ISA allowance from April 2027.

It is less suitable if you want branch access, a traditional current account, or a fixed-rate bond. There are no switch offers currently available through DepositScout for Trading 212.

As always, the rate on the Cash ISA is variable and will move over time. Check the live figures on this page before you apply - they are updated regularly and reflect what Trading 212 is actually paying right now.