Available nationwide, Revolut Savings Vault is offering a 5.00% APY Rate. Be sure to continue reading below to learn everything you need to know about the account and rate.
Revolut Savings Vault Review
In 2015, Revolut launched in the UK offering money transfer and exchange. Today, their customers around the world use dozens of Revolut’s innovative products to make more than 100 million transactions a month.
In addition to the rate from Revolut, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
I’ll review Revolut Savings Vault below.
Revolut Savings Vault Rate
You can earn up to 5.00% APY when you set up direct deposit and spend with your Revolut card. This offer is extended until July 14, 2021.
- What you’ll get: 5.00% APY
- Eligible account: Savings Vault
- Credit inquiry: Soft Pull or Hard Pull? Let us know
- Where it’s available: Nationwide
- Opening Deposit: None listed
- Monthly fee: $0 – $17
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn Revolut Rate
- Open a Savings Vault account with direct deposit
- Enjoy a 4.50% bonus on top of your base interest rate on the money in your Savings Vaults, for up to the amount you spent with your Revolut card last month
- Get a base rate of 0.25% APY on the money in your Savings Vaults as a Standard user and earn up to 4.75%
- Get a base rate of 0.50% APY on the money in your Savings Vaults and earn up to 5.00% when you upgrade to Metal or Premium
Balance Requirement | APY Rate |
$1,000+ | 5.00% APY |
Revolut Account Features
- Set up direct deposit to your Revolut account – you’ll even get your paycheck up to 2 days early
- Your money is deposited in a FDIC insured bank account and is protected for up to $250,000
- Choose the deposit method that suits you best – round up your spare change or make a recurring or one-off transfer
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Conclusion
If you are looking for a savings account, I highly recommend checking out this one because you will be able to earn a rate that is much higher than the average savings account. Just make sure you complete all the requirements and you will be able to earn up to 5.00% APY.
Let us know about your experience with this bank and comment below.
Check back often to see the latest info on Revolut Online Savings Account.