Revolut Savings Account
Revolut
5.00% AER
Requires a qualifying card transaction.
£0
N/A
Depends on subscription plan
This account shines for its attractive 5.00% AER promotional rate available to new customers, alongside a cash sign-up bonus. The flexibility of managing savings directly through the app makes it appealing, although the interest rate varies depending on the subscription plan chosen.
Pros:
- High interest rate
- Cash bonus for new customers
Cons:
- Variable rates based on subscription
- Limited to app users
In conclusion, the Revolut Savings Account is ideal for tech-savvy savers looking to maximize their returns with a competitive 5.00% AER and a £20 welcome bonus, making it a strong choice for those who value flexibility and convenience in managing their finances. However, potential users should consider the varying interest rates based on subscription plans before committing.
