Revolut Savings Breakeven Analysis: Which Plan Actually Pays Off?

Revolut offers savings accounts across five subscription tiers, each with different rates and monthly costs. But when does paying for a higher plan actually make sense for Irish savers?

We've done the maths so you don't have to.

How much do I need to save for Revolut to be worth it?

The key question is: at what balance does each Revolut plan's interest earnings cover its subscription cost?

This is the breakeven point — the minimum savings balance needed for the plan to pay for itself through interest alone.

Revolut Savings Rates Ireland (February 2026)

Compare all Revolut plans on our Revolut Metal savings page or Revolut Ultra savings page.

Does Revolut automatically deduct DIRT in Ireland?

Yes. In Ireland, savings interest is taxed at 33% DIRT (Deposit Interest Retention Tax). Revolut auto-deducts this, so you only keep 67% of your interest earnings.

This is crucial for breakeven calculations — you need a higher balance than you might think because a third of your interest goes to tax.

Unlike some EU neobanks (Bunq, Trade Republic, N26), Revolut handles the DIRT paperwork for you. No need to self-declare on your tax return.

What is the breakeven formula for savings accounts?

Breakeven = Annual Cost ÷ (Interest Rate × 0.67)

The 0.67 accounts for DIRT — you only keep 67% of your interest after the 33% tax.

Is Revolut Standard worth it for savings?

Revolut Standard is free, so there's no breakeven to calculate.

• Cost: €0/year
• Rate: 1.50%
• Breakeven: None — it's free!

Standard is always "profitable" because there's no cost to cover. It's a solid option for casual savers who want instant access savings without any fees.

Is Revolut Plus worth it for savings?

Revolut Plus costs €3.99/month for the same 1.50% rate as Standard.

• Cost: €47.88/year
• Rate: 1.50%
• Breakeven: €4,764

€47.88 ÷ (0.015 × 0.67) = €4,764

Verdict: No, not for savings alone. Plus has the same rate as the free Standard plan. While the plan "pays for itself" at €4,764, you're not earning any more than you would on Standard. Plus only makes sense if you value its other features (priority support, €3k FX/month).

Is Revolut Premium worth it for savings?

Revolut Premium costs €8.99/month for 1.75% interest.

• Cost: €107.88/year
• Rate: 1.75%
• Breakeven: €9,201

€107.88 ÷ (0.0175 × 0.67) = €9,201

At €9,201, your after-tax interest (€107.87) covers the annual subscription.

Verdict: Marginal. If you have €10k+ and would use Premium's travel insurance and unlimited FX, it could work. But for savings alone, free alternatives offer better value.

Is Revolut Metal worth it for savings in Ireland?

Revolut Metal costs €15.99/month for 2.00% interest.

• Cost: €191.88/year
• Rate: 2.00%
• Breakeven: €14,319

€191.88 ÷ (0.02 × 0.67) = €14,319

At €14,319, your after-tax interest (€191.87) covers the annual subscription.

Verdict: Reasonable if you'd use Metal's other perks (0.8% cashback, travel insurance, lounge discounts, metal card). The 2% rate is competitive, but free alternatives like MoCo (2.6%) or Trade Republic (2%) may be better for pure savings.

See full details on our Revolut Metal savings page.

Is Revolut Ultra worth it for savings in Ireland?

Revolut Ultra costs €55/month for 2.25% interest (on first €100k).

• Cost: €660/year
• Rate: 2.25%*
• Breakeven: €43,781

€660 ÷ (0.0225 × 0.67) = €43,781

At €43,781, your after-tax interest (€659.98) covers the annual subscription.

Important: Ultra's 2.25% rate only applies to the first €100,000. Above that, you earn 2.00%. This tiered structure means the effective rate decreases for very large balances.

Verdict: Only for heavy Revolut users who'd use Ultra's premium perks (unlimited lounges, 3GB global data, 1% cashback). For pure savings, Metal or free alternatives offer better value.

See full details on our Revolut Ultra savings page.

Revolut Breakeven Summary Table

How does Revolut compare to other savings accounts in Ireland?

For pure savings without subscription fees, consider these alternatives:

Compare all options on our savings comparison page.

What should I do with my savings?

Under €5k: Stick with free options — Revolut Standard, MoCo, or Trade Republic. You won't earn enough interest to justify any subscription.

€5k-€15k: MoCo's 2.6% free rate beats all Revolut paid plans. Use Revolut Standard as a backup.

€15k-€50k: Still consider MoCo or Trade Republic first. Revolut Metal only makes sense if you'd genuinely use the travel insurance, cashback, and other perks.

€50k+: Spread across providers for deposit guarantee protection (€100k per bank). Consider mixing MoCo, Trade Republic, Revolut Standard, and State Savings bonds.

The Bottom Line

The breakeven analysis helps you understand the minimum savings needed for each Revolut plan to cover its subscription cost. But purely for savings returns, free alternatives like MoCo (2.6%) beat every Revolut tier.

Revolut's paid plans make sense when you'd use the full package — travel insurance, cashback, lounges, premium FX rates. For savings alone, stick with the free tier or look elsewhere.

Compare all Irish savings accounts on our savings comparison page.

Rates accurate as of February 2026. Revolut rates are variable and linked to ECB rates. Compare current rates.