Revolut: Announced the latest product for standard users in the UK

Revolut: Announced the latest product for standard users in the UK

  • Revolut, the financial super app with more than 16 million customers worldwide launched in the UK offering money transfer
  • Announced the latest product for standard users in the UK, with the launch of daily interest savings vaults
  • Starting today, customers with a standard plan can begin to earn 0.15% daily interest on the funds in their GBP vaults
  • Savings Vaults offer users flexibility and choice: there are no minimum commitments for deposit duration or deposit amount
  • Users can begin growing their savings instantly, and withdraw their savings immediately whenever life gets in the way
  • Customers can round-up their card payments and instantly save their spare change
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Taurus and Blockdaemon Strengthen Staking in Institutional Banking

New partnership enhances crypto staking options for financial institutions.Highlights: Taurus and Blockdaemon announce a partnership for crypto staking.The...

Digital Savings Platform Tembo Raises $16 Million to Expand Services

Funding will support growth and enhance service offerings for customers.Highlights: Tembo raises $16 million in funding.Focus on enhancing...

HSBC Secures Government Tender for Digital Gilts Pilot

HSBC will lead a pilot program for government digital bonds.Highlights: HSBC won a government tender for a digital...

Bretton AI Secures $7.5 Million to Strengthen Financial Compliance Solutions

Funding aims to enhance AI-driven compliance technology for financial institutions.Highlights: Bretton AI raised $7.5 million in funding.Investment focuses...