I think it would be nice that Revolut offers at least the same amount than saving accounts in the different countries. Otherwise htere is no real interest. Why would I leave money on a vault that give me 0.65% if I can get 2% for free ?
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I can’t find much accessible information on this. Presumably an EU resident would be earning interest from the Revolut savings account which is based in a Lithuanian Bank (Revolut Payments UAB)?
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im new to revolut i was wondering if someone could help me. i saw the metal plan which offers a savings vault of up to 1.67% annual interest paid daily. i don’t understand does it mean if i open a savings vault i will earn 1.67% interest every day? can someone help and if someones tried it could you tell me about how it went with your account?
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No it means that if you open a savings vault and deposit in €100, in a year you would have €101.67 if the rate is 1.67%.
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Hi! So far then, neither with the highest plan we receive interests ?
100 ,00 EUR/365*1,67/100 = 0,00458 EUR/day
day #1 +0,00 EUR
day #2 +0,00 EUR
day #3 +0,01 EUR
day #4 +0,00 EUR
day #5 +0,01 EUR
…