Are You Waiting For Flexible Accounts? 🎉

Announcements Product
1

Hello everyone :wave:,

Excited? Wondering why? :thinking: Because finally we launched our Flexible Accounts!! :star_struck:

Wohooo :partying_face: :partying_face: we have officially landed in 18 countries :point_down: :point_down:

:flag-bg: :flag-hr: :flag-cz: :flag-ee: :flag-fi: :de: :flag-lv: :flag-lu: :flag-lt: :flag-sk: :es: :flag-se::fr::flag-nl::flag-dk::flag-gr::flag-cy::flag-si:

But, what a Flexible Account is? :face_with_monocle:

Flexible Accounts are a smart way for our customers to get the most out of their savings in times of increasing cost of living. :moneybag:

With flexible accounts, :r: users can now invest their savings in the same money market funds that global corporations and investors use to shield their cash from inflation.

What are the benefits of Flexible Accounts? :pleading_face:

  • Amazing rates paid daily
  • Instant Access to money with no lockup period
  • No minimum or maximum limits, anyone can start even from just 1€

Have you tried this yet? Share your experience with us here :arrow_down: :arrow_down:

SG | Community Team

8 Likes
4

Uhm, I’m a newbie here, could you explain what Flexible Accounts are.
It’s not clear at all from the post.

1 Like
5

Hello @FolioBund :wave:,

Welcome to our community. :r:

It’s an account where users can deposit and withdraw money with total flexibility, and they can receive daily interest on their money. :money_mouth_face: Our flexible accounts provide an intuitive way to achieve your financial goals, or simply to earn interest on your money by investing in Money Market Funds. You can create one by opening the Savings section of our app and following the instructions on-screen. :moneybag:

SG | Community Team

6

I suggest to read the FAQs. There’s a whole section about Flexible Accounts available:

(Switch to your country of residency on the website. Some informations might differ depending on your region.)

3 Likes
7

This is funny. I already have it, but knew it as a savings account :slightly_smiling_face:
It was available in the app since I opened the Revolut account a couple of weeks ago.

1 Like
8

Wow, thats amazing @FolioBund. :star_struck:

Since we are trying to revamp our community, we have launched a feedback form regarding that. You can also share your feedback here: Community User Experience Feedback :point_left:

SG | Community Team

1 Like
9

Waiting for the same to come to Ireland :ireland:

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10

Again no love for users from :austria:. Only raising fees. :-1:

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11

Stay tuned guys!! :rocket:

SG | Community Team

12

Are you planning open flexible accounts on Portugal?

1 Like
13

Hello @DiogoDuarte :wave:,

We are planning to launch in other places around the globe soon, so stay tuned! :rocket:

SG | Community Team

14

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15

Hello everyone :wave:,

We have some great news for you all! Users will be able to deposit their funds in flexible account in exactly the same way as for Personal Vaults, that is with:

  • One-off transfers
  • Recurring transfers
  • Spare change

SG | Community Team

1 Like
16

Add more local currency to Flexible Accounts

1 Like
17

In case you’re not aware: Flexible accounts are investment accounts in money market funds. The largest providers, Fidelity and Black Rock, don’t offer this asset class in every local currency.

A quick look shows only USD, GBP and EUR fonds:

https://www.blackrock.com/cash/en-gb/products/cash-funds#type=mutualFunds&style=liq_gov_stable_val&view=perfNav&pageSize=50&pageNumber=1&sortColumn=classNetAssets&sortDirection=desc

1 Like