Revolut Savings Ireland Review 2026: Rates & Features
From SmartSaver.ie, Ireland's independent comparison site. Prices and rates in this guide are checked weekly.
Revolut offers savings accounts for Irish users. Rates up to 2.75% AER depending on plan and balance. Full review.
By SmartSaver Team | Published 1 January 2026 | Updated 23 October 2026 | 4 min read
Topics: revolut savings, revolut ireland, neobank savings, revolut interest
Revolut launched savings accounts in Ireland in 2024. Here's how they compare to alternatives.
Revolut Savings Rates
| Plan | Monthly Fee | Savings Rate (AER) | |------|-------------|--------------| | Standard | Free | 2.50% up to €2,500, 1% above | | Plus | €3.99 | 2.50% up to €2,500, 1% above | | Premium | €9.99 | 2.50% up to €5,000, 1.25% above | | Metal | €17.99 | 2.50% | | Ultra | €55 | 2.75% up to €100,000, 2.50% above |
Rates from Revolut's pre-contract information for Instant Access Savings and fees from its pricing plans page, checked October 2026.---
How Revolut Savings Works
- Interest calculated daily
- Paid daily
- Instant access
- Protected up to €100,000 by the Lithuanian deposit guarantee (money held in Revolut Bank UAB) or the German one (savings held at Deutsche Bank through Revolut's Trust Account)
- DIRT deducted automatically
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Revolut vs Bunq
| Factor | Revolut Standard | Bunq Free | |--------|------------------|-----------| | Rate | 2.50% AER up to €2,500, 1% above | Up to 3.11% (1.61% and 1.51% base) | | After DIRT | 1.68% up to €2,500, 0.67% above | Up to 2.08% | | Fee | Free | Free | | Protection | €100,000 | €100,000 |
Bunq wins on rate for anything above €2,500. Revolut pays 2.50% or more on your whole balance only on Metal or Ultra.---
Fee vs Return Calculator
Is paying for a Revolut plan worth it? Here's the breakeven analysis - the minimum savings you need for the subscription to pay for itself.
| Plan | Monthly Fee | Rate (AER) | Annual Fee | Breakeven Amount | |------|-------------|------|------------|------------------| | Standard | Free | 2.50% up to €2,500, 1% above | €0 | None, it's free | | Plus | €3.99 | 2.50% up to €2,500, 1% above | €47.88 | Never worth it (same rates as free) | | Premium | €9.99 | 2.50% up to €5,000, 1.25% above | €119.88 | About €61,600 | | Metal | €17.99 | 2.50% | €215.88 | About €24,000 | | Ultra | €55 | 2.75% up to €100,000, 2.50% above | €660 | About €58,400 |
How we calculated this:- Each plan's interest is compared with what the same balance earns on Standard (2.50% up to €2,500, 1% above)
- The extra interest is taken after 33% DIRT
- Example, Metal on €24,000: 2.50% on everything is €600 a year; Standard pays €62.50 on the first €2,500 plus €215 on the rest, €277.50
- The €322.50 difference is €216 after DIRT, about Metal's €215.88 annual fee
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Is Revolut Worth It for Savings?
Yes, If:
- You already use Revolut for daily banking
- You're on Premium/Metal/Ultra for other reasons
- You want everything in one app
No, If:
- Savings rate is your priority
- You're on Standard with more than €2,500 saved (balances above that earn 1%)
- You'd pay for Premium just for savings
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Pros and Cons
Pros
✅ Convenient if already using Revolut ✅ Instant access ✅ Irish IBAN ✅ Full EU protection ✅ Excellent app
Cons
❌ Standard pays 2.50% only up to €2,500, then 1% (Bunq pays up to 3.11%) ❌ Need expensive plan for competitive rates ❌ Rate tied to subscription tier
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Verdict
Rating: 3/5 for savings
Revolut is excellent for everyday banking but not the best for savings. If you're on Standard or Plus, move savings to Bunq for better returns.
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Frequently Asked Questions
What savings rate does Revolut pay in Ireland?
Revolut's savings rate depends on your plan and balance: Standard and Plus pay 2.50% AER up to €2,500 and 1% above, Premium 2.50% up to €5,000 and 1.25% above, Metal 2.50%, and Ultra 2.75% up to €100,000 and 2.50% above. Interest is calculated daily and paid daily.
Is Revolut good for savings?
Revolut is convenient if you already use it for banking, but on the free plan only the first €2,500 earns 2.50%. On larger balances Bunq (up to 3.11%) and Trade Republic (3.04% AER for new customers on cash up to €50,000) pay more. For serious savings, you'll earn more elsewhere.
Is my money safe with Revolut?
Revolut holds a Lithuanian banking license. Savings are protected up to €100,000 by the Lithuanian Deposit Guarantee Scheme when held in Revolut Bank UAB, or by the German scheme when held at Deutsche Bank through Revolut's Trust Account, the same protection as Irish banks under EU rules.
Do I have to pay for Revolut to earn interest?
No, the free Standard plan earns 2.50% AER on balances up to €2,500 and 1% above that. 2.50% on your whole balance needs Metal (€17.99/month), and Ultra (€55/month) pays 2.75% up to €100,000. Calculate whether the subscription cost is worth the extra interest for your savings amount.
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Last updated: October 2026---