Frequently asked questions and answers

In our FAQ you will find answers to the most frequently asked questions about UnitPlus and investing in general.

Why am I shown a yield of up to -0.01% on the first day after depositing with CashPlus?

Since we trade CashPlus for daily availability and timeliness on the stock exchange, the so-called bid-ask spread also applies here, as with any stock exchange transaction. At CashPlus, this is around 1.68 basis points, or 0.0168%, which is very small. You have to pay a bid-ask spread with every broker and also every other investment. We have deliberately set up CashPlus in such a way that it is very small here. For this reason, however, on the first day the costs can be very slightly higher than the positive interest income and the value can therefore be slightly negative. From the second day, this changes.

However, as you may have noticed, we even give you 0.10% back as a credit with every payment made through your UnitPlus card, overcompensating for the bid-ask spread. This is also a plus for your return, which you also get exclusively at UnitPlus. You don’t have to worry about price fluctuations like with stocks or bonds – these don’t occur with CashPlus.

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