Flexible Cash Funds
Let your finances flourish
Invest in money market funds available in EUR, GBP, or USD — low-risk investments in which you can earn up to 4.58% APY.¹
Capital at risk — the value of investments can go down as well as up. T&Cs apply.
Funds made interest-ing
Kickstart your money growth with Flexible Cash Funds. Thanks to compound interest, any returns you don’t withdraw are reinvested monthly, giving your money an extra boost.
3 currencies, 3 great rates
Up to4.4%
APY¹ on USD
Up to4.58%
APY¹ on GBP
Up to2.84%
APY¹ on EUR
¹ The Annual Percentage Yield (APY) is presented net of fees for EUR (2.84%), for GBP (4.58%), for USD (4.4%) as of 17/01/2025 and is based on information provided by the fund manager, subject to change daily. This is the highest APY offered to Ultra customers, your APY may be lower depending on your subscription plan and applicable fees.
Flexible Cash Funds Explained
Flexible Cash Funds provide a convenient option for growing your money, with the flexibility to withdraw any time.² With your top-ups, you're investing in money market funds — available in euros, US dollars, or pounds. These funds pool investors' money and invest in low-risk assets offering daily interest in line with central bank rates.
Your benefits, from day one
Interest, earned daily¹
Receive variable interest based on your chosen currency:
- Up to 2.84% APY on EUR
- Up to 4.58% APY on GBP
- Up to 4.4% APY on USD
Each currency represents a different money market fund.
Withdraw fee-free anytime²
With no lock-in periods, you can withdraw your money as soon as you hit your goals.
Investment insurance³
All cash and investments held with Revolut Securities Europe UAB are covered up to €22,000 by the Lithuanian Liabilities to Investors Insurance Scheme (investment risk is excluded from the coverage).
² In some cases, when withdrawing money from Flexible Cash Funds (i.e. when selling your shares in the relevant money market fund), your cash proceeds can take up to 2 business days to reach your Revolut personal account. Exceptionally, the sale of your shares could take longer or be charged exit fees in those situations described in the Prospectus like stressed market conditions. The recommended holding period for these funds is 6 months. The risk indicator of 1 out of 7 can vary if you sell your shares earlier.
³ Coverage in the unlikely event of the liquidation of Revolut Securities Europe UAB, and failure to protect your assets. More information available in our Key Information on the Liabilities to Investors Insurance Scheme and the Lithuanian Public Institution “Deposit and Investment Insurance” website.
Understanding investment risk
Although the money market funds available through Flexible Cash Funds are low-risk investments, the value of these investments could go down in some situations like adverse market conditions.
Interest is not guaranteed, and varies daily depending on the performance of the fund. Currency rate fluctuations could adversely affect your overall investment.
See Risk Disclosure
Top up at your own tempo
Whether you’re making manual top-ups, or prefer to ‘set it and forget it’, add money in multiple ways.
Great rates, whatever your plan
Annual Percentage Yield on EUR (variable)
Annual Percentage Yield on GBP (variable)
Annual Percentage Yield on USD (variable)
Want to learn more?
Flexible Cash Funds FAQs
- Flexible Cash Funds offer a strategic approach to maximising your savings in the face of rising living costs. With Flexible Cash Funds you invest in short-term and low-volatility money market funds. We provide you with an investment service of execution of orders to buy or sell shares on your behalf in the money market fund that you choose.
- To add money to Flexible Cash Funds, navigate to the Flexible Cash Funds home page of the currency in which you want to add money. On the Flexible Cash Funds homepage: tap '+ Add money' → enter the amount → tap the 'Continue/Add Money' button. When you add money to Flexible Cash Funds you are making an order to buy shares for an equivalent value in a money market fund of the same currency. You are the beneficial owner of the shares that we buy on your behalf. There are no opening or closing charges for Flexible Cash Funds. However, we do charge a small annual service fee. This fee is paid for the investment service in money market funds that we provide to you, and is an ongoing charge calculated as a percentage of the value of the shares you hold in the money market fund. The service fee is calculated daily and automatically deducted from the daily interest you receive, so the APY you see in the Revolut app is already net of fees. More information on fees is available in the Flexible Cash Funds Ex-ante Costs & Charges Disclosure.
- The currency of each of the Flexible Cash Funds we offer (EUR, USD, and GBP) represents a different money market fund in which you invest when adding money. The interest rate varies amongst these different types of Flexible Cash Funds depending on the performance of the fund. Each fund may perform differently and fluctuate every day. This can lead to daily-changing yields that could move in an unfavourable direction. The interest rate is expressed in the form of APY (Annual Percentage Yield). The APY indicates how much your money could grow if you held the investment for an entire year and the yield remained constant. The APY is updated daily in the app based on the performance of the fund on the previous day, which is provided by the fund manager. The APY is shown net of fees, meaning we deduct the relevant fees from the fund's yield. Fees vary depending on the money market fund, your subscription plan, and region. The interest you earn and the fees you pay are calculated on a daily basis by applying the APY to the amount invested in the money market fund. You'll only see the interest earned reflected in your Flexible Cash Funds balance when the net interest amount is more than €0.01 (or the respective currency). When you add money into Flexible Cash Funds, you issue a buy order in the respective money market fund and you'll start earning interest the day after it reaches the fund manager. If you submit orders before 10am Eastern European Time (EET) on a business day, your money will reach the fund manager on the same day. Otherwise, it'll reach the fund manager on the next business day.
- It's your responsibility to find out if you need to pay tax on the interest you earn on Flexible Cash Funds. Whether you'll need to pay tax on the interest you earn will depend on a few factors, including how much you earn and your tax residency. We won’t process your tax payments proactively or send them to relevant tax authorities. We’ll only withhold/levy taxes to you if we’re mandated to perform that obligation to comply with relevant laws. We recommend that you seek independent tax advice to understand your obligations to tax authorities. We don't provide tax advice, and nothing in this response should be considered as such advice.
When you add money to Flexible Cash Funds you invest in a short-term LVNAV (Low Volatility Net Asset Value) money market funds. These actively managed funds invest in high-quality and liquid money market instruments (such as government securities, bank obligations, commercial paper), high-quality securitisations, and asset-backed commercial paper, deposits with credit institutions, repurchase agreements, and reverse repurchase agreements.
The money market funds you invest in through our Flexible Cash Funds are sub-funds of Fidelity Institutional Liquidity Fund plc, an open-ended umbrella fund authorised by the Central Bank of Ireland -CBI- (registration number: 235175).
Specifically, each Flexible Cash Funds invests in Class R Flex Distributing shares in one of the following MMF (matching with the relevant currency):
The Euro Fund (ISIN IE000AZVL3K0);
The USD Fund (ISIN IE000H9J0QX4);
The Sterling Fund (ISIN IE0002RUHW32).
The fund manager is FIL Investment Management (Luxembourg) S.A., Ireland Branch, which is authorised by the Commission de Surveillance du Secteur Financier -CSSF- (registration number CCSF: S00000593; CBI: C137514).
For further information on the money market funds of our Flexible Cash Funds, please refer to the Fund's Prospectus and the respective Key Information Document (KID) available on the fund's website and in the Revolut app.
Investment services are provided by Revolut Securities Europe UAB. Information contained herein is not a personal recommendation, investment advice or offer to take any investment decision, therefore you must carefully consider your financial situation, review relevant documents and information or seek professional independent advice before entering into financial transactions or subscribing to new investment services. T&C's apply.
Revolut Securities Europe UAB (company code: 305799582; registered address: Konstitucijos ave. 21B, Vilnius, the Republic of Lithuania, LT-08130) is a Lithuanian investment firm authorised and regulated by the Bank of Lithuania.