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Getting started with Instant Access Savings

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

Instant Access Savings Terms apply.

Eligibility

Revolut customers in Denmark must meet all of the following criteria to open an Instant Access Savings account:

  • Be a customer of Revolut Bank UAB
  • Be resident and tax resident of Denmark
  • Must have provided your Local Tax Identification Number
  • Accept the product terms

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 'Savings’
  • Tap 'Instant Access 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 — DKK 700,000 for DKK, with corresponding limits for other currencies.

All your eligible deposits held with Revolut Bank UAB in aggregate are insured by the Lithuanian Deposit Insurance scheme (Public Institution "Deposit and Investment Insurance"). More information can be found in the Deposit Insurance Information document.