Qonto: the interest-bearing account where you need to read the fine print
Limited-time offers, reserved for new clients, with caps...
The best interest-bearing account isn’t one.
Meet Spiko, the cash investment specialist :
Qonto, 7 years of waiting… for a disappointing rate
Why is Qonto offering such uncompetitive rates after 7 years ?
Since 2017, Qonto’s business model has relied on monetizing client cash balances.
Old habits die hard.
To get good rate, you have to pay.
Qonto gives with one hand and takes with the other
What’s the alternative to Qonto’s interest-bearing business account?
Invest directly in a money market fund, don’t let your bank do it for you.
All of your funds earn returns
0 deposit fees, 0 withdrawal fees, 0 subscription fees
Attractive returns for 100% of our clients
Interest paid daily
Instant withdrawals up to €100,000
For individuals, all withdrawals are processed within 24h
Service available from €1,000
Cash investment: Qonto vs Spiko comparison
From 50k€ to 200k
(based on your plan)
From 19€/m to 199€/month
(based on your plan)
(subject to the limits of your plan)
24h for larger amounts
(money market funds, segregated bank accounts, partial guarantees, etc.)
(Only Treasury bills, the safest asset for your cash)
Calculate your interest
Your current account is not earning interest. Your term deposit locks up your funds. Spiko puts your cash to work every day — with no lock-ins, ever.
*Annualized performance, net of fees, over the past 31 days. Rates are updated daily and may fluctuate based on changes in Treasury bill yields.
Put your cash to work with no hidden costs
Our rates are always quoted net of an annual fee of 0.25%.
They trust us with their cash
Your cash deserves more than a high-yield savings account
Frequent questions
Is my deposited capital guaranteed?
Your capital may be at risk in two very specific situations:
- If a government defaults. This risk is lower than the risk of your bank failing, because Spiko funds only invest in US federal debt (USD funds) and the debt of the safest countries in the eurozone (EUR funds), such as Germany and France. These issuers are considered to be the safest in the world. No country in which the Spiko funds invest has ever defaulted on its debt, and if the interest rates set by the central banks become very low or negative.
- In this case, it is possible that the return on the Spiko Funds will become negative. If this happens, you can withdraw your money from the fund at any time and place it in a current account that costs - and earns - nothing.
Can the returns on Spiko funds change?
Yes, Treasury yields are aligned with interest rates set by central banks. As a result, the performance of Spiko funds is subject to variations, influenced by monetary policy decisions taken by the US Federal Reserve (USD funds) and the European Central Bank (EUR funds) respectively.
What is the risk-free rate?
In finance, the risk-free rate represents the return on financial assets where the risk of default is so low as to be considered negligible:
- the risk-free rate in USD is the return on Treasury bonds issued by the United States;
- the risk-free rate in EUR is the return on Treasury bonds issued by the strongest countries in the eurozone, such as Germany.
by investing exclusively in such securities, Spiko funds aim to return the capital invested at the risk-free rate in USD or EUR.
Can I invest personally?
Absolutely! We welcome all types of clients, including:
- private individuals and corporate entities; professional and non-professional investors.
- certain geographical restrictions apply, particularly if you reside in the United States.
Please see our documentation (link below) for more details.
What happens to my money if Spiko goes bankrupt?
Your money is protected. As a financial investment adviser, Spiko is prohibited from handling its clients' money. Your money is therefore never - even for the shortest possible time - on Spiko's balance sheet or held by Spiko. Your money is held by CACEIS, the Crédit Agricole Group's specialist asset custody subsidiary. If Spiko goes bankrupt, your money is fully protected.