Revolut announces game changer update for 2.7m Irish customers

Revolut have finally rolled out the much-anticipated Instant Access Savings accounts to its more than 2.7 million customers in Ireland.

Instant Access Savings accounts are a new and better way for customers in Ireland to save their money. Revolut customers will be able to earn daily, competitive interest of up to 3.49 per cent AER on their deposits, all in just a few taps.READ MORE: Revolut sends warning to Irish customers as scams soar globally by 1,200 per cent

Instant Access Savings offers savers in Ireland full control too; customers will have access to their funds on-demand whilst earning competitive interest, adding or withdrawing at any time.Joe Heneghan, Partner and Chief Executive Officer - Revolut Europe, said: “The Irish banking landscape is characterised by some of the lowest deposit rates in Europe, tricky or confusing limits, inaccessibility, and a real lack of competition.

“With our app now the preferred choice for managing finances every day for millions of customers in Ireland, we're introducing Instant Access Savings accounts to offer customers great rates of up to 3.49 per cent, full control over their money at any time, and interest paid out daily.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Revolut to offer Irish customers up to 3.49% interest on new savings accountsRevolut is to launch a savings account with 2% interest rate in another major intervention in the banking industry.
Source: NewstalkFM - 🏆 19. / 55 Read more »

Irish Revolut customers set for major cash boost as they roll out new featureThe new savings account feature set to be launched by Revolut will see people be able to make up to 3.49% interest on their savings and they would be earning interest daily
Source: RSVPMagazine - 🏆 7. / 76 Read more »