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As required by French tax law, we'll deduct 30% taxes from any interest you've earned. We do this before it's credited to your Instant Access Savings. Revolut withholds and pays the tax office the following on your behalf (12.8% as income tax and 17.2% as social surtaxes).

The deductible tax must reach €0.01 before we withhold it. In cases where it's less than this amount, we'll continue to accrue your interest until it reaches €0.01 (at which point it's deducted from your next interest payment). As a result, the tax rate for each interest payment may be different.

To see the tax withheld on your total interest payments, you can use your combined savings statements. Read this FAQ to learn how to calculate interest and tax on Instant Access Savings.

You may be eligible for a tax exemption on Income tax or Prélèvement Forfaitaire Non Libératoire.

In order to apply tax reliefs for 2026, you can submit the request anytime between 1 Nov and 30 Nov 2025. Our in-app process for this exemption is currently being updated. For more information on how to proceed, contact our support team via the in-app chat.

This waiver will apply to all interests from Instant Access Savings.

Each year, we'll provide you with an annual tax statement, IFU 'Imprimé Fiscal Unique' showing the interest declared to the French tax authorities.

If you have any questions regarding your tax responsibilities, you should seek independent advice from a professional tax adviser.