Revolut Megathread.

Late last year,yes.Maybe they want to make it regulars for all users

Just got mail about this

The new interest rate on Instant Access Savings will be:

Standard: will remain unchanged at 1.70% AER

Plus: will remain unchanged at 1.70% AER

Premium: 2.10% AER up to 20.04.2025. 1.85% AER after 20.04.2025

Metal: 2.50% AER before 20.04.2025. 2.00% AER after 20.04.2025

Ultra: : 3.00% AER up to 20.04.2025. 2.50% AER after 20.04.2025

https://help.revolut.com/en-IE/help/app-features/savings-vaults/more-help-with-savings/rate-decrease-on-my-savings/

I suspect you are confusing the net and gross rates.

I think after looking your confusion has merit as they do seem to have changed the app to show APY not gross any more. Not sure when that changed.

AYP Annual Percentage Yeild

Hey all

I made a bet using a virtual card

I got cold feet and sent the money back to revolut but I can't find it anywhere

Can anyone help

Thanks

Are rev points just a gimmick ?

Have a month left to get 150 transactions resulting in 3000 points

Have Revolut premium

I struggle to find a use for them myself. Even with transferring all the points to Aer Lingus and getting a free flight after paying all the taxes and fees it's often still cheaper to fly with Ryanair! Obviously everyone will be different but I'm talking about short European flights where comfort can be sacrificed for cost! Maybe for trans-Atlantic flights there's better value in them

Don't forget to just leave €100k in the points pocket. Gives you 270k points or €5400 off stays per year which depending on what way you look at it is above most deposit interest rates these days 😂

As someone who hasn't had a mortgage, you could argue that a mortgage is the cheapest money you'll borrow, so you're better off leaving it alone and saving the money you could use to pay it off early in some sort of high interest savings account and have it there to use.

Having said that, if I could get a mortgage and could pay it off early, I totally would.

As well as that Mortgages while they may be only 3 or 4% are for 25 or 30 years or more

So a LOT of interest is paid vs short term loans

Ergo like is not being compared with like there if one says interest on a mortgage is less than half the interest on a car loan or a new kitchen

No one puts mortgage size money on deposit for 20 or 30 years untouched anyway but even if they did,they’d have paid enough dirt probably to buy a 2nd house or BMW x5 or something (if they averaged 3% gross)

Has anyone recently deposited a large amount into their Revolut account?

I would be concerned my account would be frozen. The amount would be deposited from my personal account (in Ireland) which I have used regularly to deposit small amounts into the Revolut account.

Wondering if it’s simpler to deposit smaller amounts in over a period of time or the lump sum.

Appreciate any advice!