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Does Revolut hold the money in the Savings Accounts?

Revolut does not hold the money you put into Savings Accounts. Your money is deposited with one of Revolut's trusted partner banks.

When deposited with an eligible partner bank, your money will be protected by the Deposit Guarantee Scheme up to €100,000 where you are eligible. You can find out more on the DGS website.

To find out which partner bank(s) the funds in your Savings Account are deposited with, go to your Savings Accounts, tap the 'Details' button and then select the interest rate.

To see the details of your protection, tap 'Deposit Protection Sheet'.