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Tax on Instant Access Savings Pockets

Revolut is obliged by law to withhold taxes from interest payable to you. We will withhold 0.90% for national customers and 4.90% for foreign customers on an annual basis. You’ll be able to see the amount withheld on your monthly statements and on your yearly tax receipt.

Same as with interest, withholding tax accrues daily, but if it's less than 0.01 MXN, it won't be withheld until the cumulative tax exceeds this amount. Withholding tax in Savings Pockets in MX are calculated using a 365-day basis, while daily interest payments are calculated using a 360-day basis.

Revolut does not provide any tax advice. You are solely responsible to comply with your own tax obligations. You can download your CFDI within the app. This document provides an overview of earned interest, which can help you report your income.