Revolut Increased Personal Savings Account Interest Rates
The fintech company raised rates to 2.5% on standard savings accounts for balances up to €2,500.
Updated on Oct. 5, 2026 in Saving
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Revolut has updated its personal savings interest structure, increasing the Annual Equivalent Rate on standard Instant Access Savings accounts to 2.5%. This change applies to account balances up to a maximum of €2,500.
Why it matters
The adjustment follows recent interest rate hikes by the European Central Bank, which raised its main policy rate to 2.5% last month to combat inflationary pressure in the eurozone.
The new 2.5% rate applies only to balances up to €2,500, with amounts exceeding this threshold earning interest at 1%. The maximum deposit limit for these Instant Access Savings accounts remains €5,000,000.
The players
Revolut
Revolut is a global financial technology company that provides banking services, including currency exchange, stock trading, and personal savings accounts.
European Central Bank
The European Central Bank serves as the central bank for the 20 eurozone member states and is responsible for managing monetary policy.
The details
Interest calculations at the new 2.5% rate for qualifying balances begin two days following the October 5 implementation date. The tiered interest structure is a direct response to two separate rate increases enacted by the European Central Bank within the current year.
Timeline
The European Central Bank raised its main policy rate to 2.5% in September 2026.
The new Revolut interest rate change took effect on October 5, 2026.
Interest calculation at the new rate begins on October 7, 2026.
Market Dynamics
This move reflects a broader trend of fintech firms aligning deposit yields with the central bank policy trajectory across the eurozone. This shift follows the European Central Bank's recent efforts to manage liquidity and inflation through periodic interest rate hikes.
Account holders will earn higher yields on their first €2,500, but they should note that funds exceeding this threshold will continue to accrue interest at the lower 1% rate. Customers should confirm their current balance to determine how much of their holdings qualify for the increased 2.5% yield.
The takeaway
Customers should review their account tiers to maximize interest earnings during this period of central bank rate hikes. Tiered interest structures mean that smaller deposits may benefit more significantly from these shifts than larger holdings.
Further reading
For more information on managing personal deposits, visit the Saving section.
Source note: This article includes information reported by RTE.
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