All other banks increase interest rates as boe increase the base rate
My tandem bank has gone up again to above 4%.yes there are higher ones now I know.
But revolut? 2.79 with the metal plan?
Get your act together! I don’t deposit any money into this pot.
Your loss!
Taking the biscuit especially after the laughable release of the ultra plan.
Be glad that you get 2.79%. Most European customers get ZERO. If you get a better offer use it! Maybe will react when people withdraw their money. Instead they launch useless (for most users) products like Ultra Plan.
In France, there are a number of interest bearing products which are also tax free. They also give you immediate access to your funds and are owned and backed by the French Government.
One such account is the Livret A which pays 3% from 1st February to 31st July 2023 with a ceiling of 22,950€ per person - although the amount in the account can rise above that limit with the addition of interest. [This official publication] explains and the reason I chose this product (and other such products listed) for my excess cash.
Isn’t France wonderful!
Revolut Ltd (No. 08804411) is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Firm Reference 900562)..
Registered address: 7 Westferry Circus, Canary Wharf, London, England, E14 4HD.
Insurance related-products are provided by Revolut Travel Ltd which is authorised by the Financial Conduct Authority to undertake insurance distribution activities (FCA No: 780586) and by Revolut Ltd, an Appointed Representative of Revolut Travel Ltd in relation to insurance distribution activities. Revolut Ltd is an Appointed Representative of Lending Works Ltd for the activity of “operating an electronic system for lending”. Trading and investment services are provided by Revolut Trading Ltd (No. 832790). Revolut Trading Ltd is an appointed representative of Sapia Partners LLP (No 550103) which is authorised and regulated by the Financial Conduct Authority. Revolut Trading Ltd is a wholly owned subsidiary of Revolut Ltd.