Deposit Information Sheet - Instant Access Savings

This page consists of two Parts:

Part I: Revolut Bank UAB Vilnius Sucursala Bucuresti Deposit Information Sheet.

Part II: Revolut Bank UAB Deposit Information Sheet.

Revolut Bank UAB will operationalise its Romanian Revolut entity until the end of 2024, called Revolut Bank UAB Vilnius Sucursala Bucuresti. The transfer of the Romanian clients portfolio is part of this process, from Revolut Bank UAB (Lithuanian entity) and to the local entity Revolut Bank UAB Vilnius Sucursala București.

This version of the Deposit Information Sheet will apply from the moment of the transfer of the contractual relationship which is governed by these terms and conditions, to the local entity Revolut Bank UAB Vilnius Bucharest Branch.

Until the completion of this transfer, the current Deposit Information Sheet of Revolut Bank UAB (Lithuanian entity), which are provided in Part II of this document, will continue to apply:

to Romanian clients whose contractual relationship which is subject to this information predates September 25th 2024 and have not been transferred yet,
as well as to those who will open a contractual relationship subject to this information after September 25, 2024 with Revolut Bank UAB, and until the transfer is completed.

Once the transfer is completed, Part I of this document applies.

This version containing parts I and II was published on September 25, 2024.

Part I

Revolut Bank UAB Vilnius Sucursala Bucuresti

Deposit Information Sheet

Effective date: 22.02.2024

* Revolut Kids & Teens Instant Access Savings information is effective as of 7 April 2025

* Joint Account Instant Access Savings information is effective as of 25 June 2025

The previous version of the document (click here) will apply to you until 11 July 2025.

This document contains a summary of the most important features of the Instant Access Savings product.

*any reference to an ”Instant Access Savings Account” or ”Instant Access Savings” references different Revolut Instant Access Savings Accounts: Instant Access Savings, Revolut Kids & Teens Instant Access Savings and Joint Instant Access Savings.

Product data
Product	Instant Access Savings
Bank	Revolut Bank UAB Vilnius Sucursala București, branch of Revolut Bank UAB, incorporated in Romania, registered with the Romanian Trade Registry under number. J40/10350/2023 issued on 06.06.2023, having a unique identification number. 48273978, registered address at 15-17, Bdul. Ion Mihalache, Mindspace Victoriei, 1st fl., office nb. 111, District 1, Bucharest, Romania and included in the National Bank of Romania register of Branches from foreign credit institutions under registration nber. RB-PJS-40-078.
Product type	Demand deposit
Currency	RON. Other currencies may also be available.
Term	Indefinite. The Instant Access Savings can be closed at any time.
Deposit amount	No minimum amount established. The maximum amount that can be placed in all of your Instant Access Savings in RON at Revolut combined is RON 13.000.000. For other currencies the limit is approximately equivalent to EUR 100.000. In case you have several Instant Account Saving 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 document.
Deposit start date	The date when the money is received in the Instant Access Savings Account. This happens immediately after you deposit funds from your current account to the Instant Access Savings, or from your Joint Account to the Joint 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 document.
Interest
Interest type	Variable
Interest rate (RON) Standard Plus Premium Metal Ultra Kids & Teens Instant Access Savings Joint Account Instant Access Savings	2.50% p.a. (gross rate) 2.50% p.a. (gross rate) 3.00% p.a. (gross rate) 3.75% p.a. (gross rate) 4.25% p.a. (gross rate) The plan rate of the lead parent account will be applied The yearly rate may differ depending on the (paid) subscription plan you have with us. The lowest plan rate will apply if Joint Instant Access account holders are on different subscription plans. The interest accrued will be subject to taxation and interest paid to you will be net of Romanian withholding taxes as required under Romanian tax laws. The tax withholding will be in line with Romania tax laws. Read more about it in section 21 of the Instant Access Savings terms, section section 13 of Joint Instant Access Savings.
Interest rate (USD) Standard Plus Premium Metal Ultra	3.00% p.a. (gross rate) 3.00% p.a. (gross rate) 3.50% p.a. (gross rate) 3.75% p.a. (gross rate) 4.25% p.a. (gross rate)
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 Instant Access Savings and paid daily to the relevant account. The interest will begin accruing on the same calendar day after you deposit funds from your current account or joint account to your Instant Access Savings. You’ll earn interest on your balance in the Instant Access Savings until the calendar day prior to you withdrawing the funds from the Instant Access Savings.
Interest rate change	Revolut has the right to change the interest rate. If the rate is decreased, then we’ll let you know at least two months before the change is made. If the rate is increased, Revolut can make the change immediately. We may notify you about it prior or after the change.
Costs
Total costs	You can deposit and withdraw funds from the Instant Access Savings at any time from within the Revolut app.
Availability
During the term	Instant Access. You can deposit and withdraw funds from the Instant Access Savings at any time from within the Revolut app. Deposits and withdrawals must from and to your main Revolut personal or joint account.
Taxation
Tax	In line with Romanian tax law, we will deduct withholding tax from any interest credited to your Instant Access Savings(s).The Romanian Government sets the tax withholding rate and may change it at any time. We will deduct the relevant tax from your interest before the interest is paid out into your Instant Access Savings. Further information regarding general conditions of this product can be found in the Instant Access Savings Terms, Revolut Kids & Teens Instant Access Savings Terms and Joint Instant Access Savings Terms.
Other deposit requirements
Rejection of deposit	Revolut reserves the right to reject deposits without giving any reasons. Further information regarding general conditions of this product can be found in the Instant Access Savings Terms, Revolut Kids & Teens Instant Access Savings Terms and Joint Instant Access Savings Terms.

Part II

Revolut Bank UAB

Deposit Information Sheet

Effective date: 22.02.2024

This document contains a summary of the most important features of the Instant Access Savings product.

Product data
Product	Instant Access Savings
Bank	Revolut Bank UAB Address: Konstitucijos ave 21B, LT-08130, Vilnius, Lithuania Company No: 304580906
Product type	Demand deposit
Currency	RON
Term	Indefinite. The Instant Access Savings can be closed at any time.
Deposit amount	No minimum amount established. The maximum amount that can be placed in all of your Instant Access Savings at Revolut combined is RON 13.000.000. In case you have several Instant Account Saving 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 document.
Deposit start date	The date when the money is received in the Instant Access Savings or Joint Instant Access Savings. This happens immediately after you deposit funds from your current account to the 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 document.
Interest
Interest type	Variable
Interest rate Standard Plus Premium Metal Ultra	2.50% p.a. (gross rate) 2.50% p.a. (gross rate) 3.00% p.a. (gross rate) 3.75% p.a. (gross rate) 4.25% p.a. (gross rate) Revolut is obliged under Lithuanian tax regulations to deduct 15% of withholding tax on interest.
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 Instant Access Savings and paid daily to the relevant account. The interest will begin accruing on the same calendar day after you deposit funds from your current account to your Instant Access Savings. You’ll earn interest on your balance in the Instant Access Savings until the calendar day prior to you withdrawing the funds from the Instant Access Savings.
Interest rate change	Revolut has the right to change the interest rate. If the rate is decreased, then we’ll let you know at least two months before the change is made. If the rate is increased, Revolut can make the change immediately. We may notify you about it prior or after the change.
Costs
Total costs	You can deposit and withdraw funds from the Instant Access Savings at any time from within the Revolut app.
Availability
During the term	Instant Access. You can deposit and withdraw funds from the Instant Access Savings at any time from within the Revolut app. Deposits and withdrawals must from and to your main Revolut personal account.
Taxation
Tax	In line with applicable Lithuanian tax law, we are obliged to make a 15% withholding tax deduction from any interest credited to your Instant Access Savings, For the avoidance of doubt we will not increase any payment in respect of such deduction or withholding tax or otherwise compensate you for that deduction of withholding tax. We will deduct the relevant tax from your interest before the interest is paid out into your Instant Access Savings. Further information regarding general conditions of this product can be found in the Instant Access Savings Terms.
Other deposit requirements
Rejection of deposit	Revolut reserves the right to reject deposits without giving any reasons. Further information regarding general conditions of this product can be found in the Instant Access Savings Terms or Joint Instant Access Savings Terms.