Revolut: 6.25% p.a. variable rate for 3 months on savings up to $50,000 (new customers)
Revolut is offering new customers a boosted variable rate of 6.25% p.a. on their Instant Access Savings account for the first 3 months, on balances up to $50,000. This suits anyone with short-term savings who wants a rate well above the big banks; the offer ends 20 December.
Original title
Instant Access Savings Account: 6.25% p.a. Variable Interest for 3 Months on Balance up to $50,000 (New Customers)
Quick take
- People with up to $50k in idle savings
- Those wanting above-big-bank rates
- Existing Revolut ecosystem users
- Existing Revolut customers
- Those needing branch services
- 6.25% p.a. well above big four rates
- Applies to balances up to $50,000
- Rate is variable and only for 3 months
- Check rate after the promo ends
- Funds must be in Revolut to earn interest
- Price
- Reward offer
- Value per hour
- $0
The rate is variable and may drop to a lower standard rate after 3 months
See all risk notes ↓Fill in your profile and we'll tell you whether you can do this (state, visa status, banks, memberships).
Set up my profile →How to do it
- 1Download the Revolut app and sign up for a new account, completing identity verification (KYC)
- 2In the app, open the Instant Access Savings account and agree to the terms
- 3Transfer up to $50,000 into the savings account to earn 6.25% p.a. for the first 3 months
Conditions
- New Revolut customers only (those who have not held a Revolut account before)
- Rate is variable and may change at any time
- Bonus rate applies for the first 3 months only, on balances up to $50,000
- Identity verification (passport or driver's licence) is required
Risks
- CautionThe rate is variable and may drop to a lower standard rate after 3 months
- NoteID verification required. Only submit documents in the official app or website.
- NoteRevolut is a digital bank with no physical branches; some users may prefer a traditional bank
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