Need a hand?

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

• Go to 'Home' on the bottom menu
• Below your balance, tap 'Accounts'
• Choose 'Add new'
• Tap 'Instant Access Savings'
• Follow the prompts to set up your account

Or, simply use this link to create a Savings account.

As per Instant Access Savings Terms, Revolut customers in Romania must meet all of the following criteria to open an Instant Access Savings account:

• Currently live in Romania
• Be a Romanian tax resident
• Provide your Personal number code (CNP)
• Be a customer of the Romanian branch of Revolut Bank UAB

There's no minimum deposit amount. However, Instant Access Savings deposits are subject to a maximum limit — RON 13,000,000 for RON, with corresponding limits for other currencies.

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.

Revolut has opened a Romanian branch, with customer account migrations continuing over the coming weeks. Instant Access Savings are now handled by the Romanian branch instead of the Lithuanian entity.

For existing Instant Access Savings, some changes to taxation apply as a result of this migration. Accounts that haven't been migrated yet have 15% tax deducted on savings interest as mandated by Lithuanian law, with taxes reported and remitted to Lithuanian authorities.

However, after your account is migrated, this will change to a 10% tax deduction on any interest before it's credited to your Instant Access Savings, as is required by Romanian law. Then, we will report and remit the taxes withheld to the Romanian tax authorities.