Revolut Savings Ireland Review 2026: Rates & Features
From SmartSaver.ie, Ireland's independent comparison site. Prices and rates in this guide are checked daily.
Revolut offers savings accounts for Irish users. Rates from 1.5% to 2.25% depending on plan. Full review.
By SmartSaver Team | Published 1 January 2026 | Updated 8 July 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 | |------|-------------|--------------| | Standard | Free | 1.50% | | Plus | €3.99 | 1.50% | | Premium | €8.99 | 1.75% | | Metal | €15.99 | 2.00% | | Ultra | €55 | 2.25% |
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How Revolut Savings Works
- Interest calculated daily
- Paid monthly
- Instant access
- Protected by Lithuanian deposit guarantee (€100,000)
- DIRT deducted automatically
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Revolut vs Bunq
| Factor | Revolut Standard | Bunq Free | |--------|------------------|-----------| | Rate | 1.50% | 2.01% | | After DIRT | 0.89% | 1.19% | | Fee | Free | Free | | Protection | €100,000 | €100,000 |
Bunq wins on rate. Revolut only competitive at Premium tier or above.---
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 | After DIRT | Annual Fee | Breakeven Amount | |------|-------------|------|------------|------------|------------------| | Standard | Free | 1.50% | 1.01% | €0 | - | | Plus | €3.99 | 1.50% | 1.01% | €47.88 | Never worth it (same rate as free) | | Premium | €8.99 | 1.75% | 1.17% | €107.88 | €64,400+ | | Metal | €15.99 | 2.00% | 1.34% | €191.88 | €57,500+ | | Ultra | €55 | 2.25% | 1.51% | €660 | €132,000+ |
How we calculated this:- After DIRT (33%), the Standard plan gives you 1.01% effective return
- Premium's 1.75% becomes 1.17% after DIRT
- The extra 0.16% needs to earn back the €107.88 annual fee
- €107.88 ÷ 0.0016 = €64,400 minimum
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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 (Bunq pays 0.5% more)
- 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 rate (1.50%) below Bunq (2.01%) ❌ 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: Standard 1.50%, Plus 1.50%, Premium 1.75%, Metal 2.00%, Ultra 2.25%. The rate is paid daily and deposited monthly.
Is Revolut good for savings?
Revolut is convenient if you already use it for banking, but rates are lower than competitors like Bunq (2.01%) and Trade Republic (2.00%). For serious savings, you'll earn more elsewhere.
Is my money safe with Revolut?
Revolut holds a Lithuanian banking license, so savings are protected by the Lithuanian Deposit Guarantee Scheme up to €100,000, 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 1.50% interest. But better rates (1.75-2.25%) require paid plans (€7.99-€55/month). Calculate whether the subscription cost is worth the extra interest for your savings amount.
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Last updated: January 2026---