Effective date: July 2, 2026. If you wish to view the version applicable until July 2, 2026, please click here.
This document contains a summary of the most important features of the Business Instant Access Savings product.
Product data | |
Product | Business Instant Access Savings |
Bank | Revolut Bank UAB Address: Konstitucijos ave 21B, LT-08130, Vilnius, Lithuania Company No: 304580906 Revolut Bank UAB has established a branch in France, with company number 917 420 077 and address at 10 avenue Kléber, 75116 Paris, France |
Product type | Demand deposit |
Currency | EUR |
Term | Indefinite. The Business Instant Access Savings can be closed at any time. |
Deposit amount | No minimum deposit amount. The total amount of money you can add to your Business Instant Access Savings (and cumulatively across all your savings with Revolut) is limited to €10,000,000. In case you have several Business Instant Access Savings with Revolut Bank UAB all your deposits held with Revolut Bank UAB are aggregated and the insurance coverage limit of EUR 100,000 applies to the total amount of your deposits. Please also note that some exceptions apply. More information can be found in the Deposit Insurance Information. |
Deposit start date | The date when the money is received in the Business Instant Access Savings. This happens immediately after you deposit funds from your current Business account to the Business Instant Access Savings. |
Risks | |
Risk in the event of insolvency of the bank | Deposits held with Revolut Bank UAB are insured by the Lithuanian Public Institution "Deposit and Investment Insurance". Insurance coverage limit: up to EUR 100,000 for a single depositor for all their deposits held with Revolut Bank UAB. In case you have several accounts with Revolut Bank UAB all your deposits held with Revolut Bank UAB are aggregated and the insurance coverage limit of EUR 100,000 applies to the total amount of your deposits. Please also note that some exceptions apply. More information can be found in the Deposit Insurance Information. |
Interest | |
Interest type | Variable |
Interest rate (per Plan) |
Gross annual nominal rates. |
Interest calculation and payment | The interest is calculated based on the actual number of days in a year, and the actual number of days in a month. The interest is calculated daily on the balance of the Business Instant Access Savings and paid daily to this account. The interest will begin accruing on the same calendar day after you deposit funds from your current Business account to your Business Instant Access Savings. You’ll earn interest on your balance in the Business Instant Access Savings until the calendar day prior to you withdrawing the funds from the Business Instant Access Savings. |
Interest rate change | Revolut has the right to change the interest rate. You will be informed of the new rate as soon as possible and you will have the option to close your Business Instant Access Savings anytime, without any penalties. |
Costs | |
Total costs | You can open the Business Instant Access Savings and deposit and withdraw funds free of charge. |
Availability | |
During the term | Instant Access. You can deposit and withdraw funds from the Business Instant Access Savings at any time from within the Revolut app. Deposits and withdrawals must from and to your main Revolut Business account. |
Other deposit requirements | |
Rejection of deposit | Revolut reserves the right to reject deposits. Further information regarding general conditions of this product can be found in the Business Instant Access Savings Terms |