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Getting started with Instant Access Savings

Instant Access Savings are at no cost to open and use. There are no fees, and you can withdraw at any time.

Instant Access Savings Terms apply.

Eligibility

Revolut customers in Australia must meet all of the following criteria:

  • Must be an individual
  • Must be 16 years old or over
  • Must reside in Australia

How to access Instant Access Savings

In the personal mobile app:

  • Go to 'Home' on the bottom menu
  • Below your balance, tap Accounts
  • Choose 'Add new'
  • Select 'Personal savings'
  • Follow the prompts to set up your account

Or, simply use this link to create a Savings account.

Are there any minimum or maximum deposit amounts?

There's no minimum deposit amount. However, Instant Access Savings deposits are subject to a maximum limit of AUD $1,000,000.

Eligible deposits are protected by the Australian Financial Claims Scheme (FCS) up to AUD $250,000.