Earning interest with instant access Savings
What is the interest rate?
The annual interest rate (p.a) on your instant access Savings will depend on your plan. The annual interest rate (p.a.) is used to calculate the interest earned before taxes.
The p.a. rate will show under your balance in your instant access Savings. You can get more information by tapping on 'Details' and viewing the 'Deposit Information' document.
How is the interest calculated and paid?
Interest is compounded and paid daily. This means you earn 1/365th (or 1/366th in leap years) of the annual interest rate (p.a.) on your closing balance every day.
The minimum threshold for interest payable is €0.01. If your net interest earned after taxes is less than €0.01 on a given day, no interest will be payable.
Can the interest rate change?
Rate charged by Revolut
We have the right to change the annual interest rate as per our . If the rate is decreased, we'll let you know at least 15 days before the change. If the rate is increased, we can make the change immediately and we aren't required to notify you.
Changing plan
If you change your plan, your interest rate will change accordingly when the plan change comes into effect.