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Getting started with Instant Access Savings

Revolut customers in Portugal can access individual Instant Access Savings in EUR. However, the product isn't currently available in any other currency for those customers.

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

T&Cs apply.

Eligibility

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

  • Must currently live in Portugal
  • Must be a Portuguese tax resident, and provide the Número de Identificação Fiscal
  • Must be a customer of the Portuguese branch of Revolut Bank UAB

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, there's a maximum limit of €100,000 on your Instant Access Savings deposits.

All your deposits held with Revolut Bank UAB in aggregate are insured by the Lithuanian Deposit Insurance scheme. More information can be found in the Deposit Insurance Information document.