Promo Rate Instant Access Savings (powered by ClearBank) - Product Terms and Summary Box

This promotion runs from 10 December 2025 to 22 January 2026 and applies to new savings customers only, up to £20,000. Promotional rates end 31 July 2026.

Product Terms

Why is this information important?

These Terms and Conditions (the “Product Terms”) are specific to your Promo Rate Instant Access Savings. They form part of your overall agreement with Revolut Ltd and ClearBank Limited, including ClearBank’s Instant Access Savings Terms & Conditions and Revolut Instant Access Savings (powered by ClearBank) Terms (together the “Promo Rate Instant Access Savings Terms”). If anything in these Product Terms conflicts with another part of the Promo Rate Instant Access Savings Terms, these Product Terms take priority for your Promo Rate Instant Access Savings.

What is Promo Rate Instant Access Savings?

Promo Rate Instant Access Savings is an Instant Access Savings linked to your Revolut Personal Account for new savings customers.

All eligible customers will receive 4.50% AER (variable) on the first £20,000 saved until 31 July 2026 (the “Promo Rate”).

Am I eligible for the Promo Rate?

To be eligible to open a Promo Rate Instant Access Savings, you must:

not have previously opened a savings account with any partner bank on the Revolut App;
open your Promo Rate Instant Access Savings between 10 December 2025 and 22 January 2026; and
meet the criteria set out in the Revolut Instant Access Savings (powered by ClearBank) Terms.

What happens after 31 July 2026?

On the expiry of your Promo Rate, we will automatically change your Promo Rate Instant Access Savings to a Revolut Instant Access Savings (powered by ClearBank). We’ll let you know about the change one month before the expiry of the Promo Rate. If you’d prefer not to move to the new account, you can close your Promo Rate Instant Access Savings before the change takes effect.

Can the promotion be withdrawn?

We may change, suspend or end the Promo Rate Instant Access Savings for new accounts if we determine it is being abused, may negatively affect Revolut’s goodwill or reputation or due to unforeseen events that make it impossible to continue the promotion. If that happens, we’ll tell you in the same way the promotion was announced, and where possible, we’ll give notice. Any changes to these Product Terms will not affect your rights, if you have already opened a Promo Rate Instant Access Savings.

Changes to these Product Terms

We may amend these Product Terms in line with the “Changes to these Terms” section in the Revolut Instant Access Savings Terms.

Account Name	Revolut Promo Rate Instant Access Savings (powered by ClearBank)
What is the interest rate?	*Interest payable on balances up to £20,000: Promo Rate of 4.50% AER (variable) Interest payable on balances* above £20,000 is payable according to your active Revolut subscription plan: Standard Plan - 3.00% AER (variable) Plus Plan - 3.00% AER (variable) Premium Plan - 3.25% AER (variable) Metal Plan - 3.51% AER (variable) Ultra Plan** - 4.00% AER (variable) on balances up to £200,000; 3.51% AER (variable) for balances above £200,000. * Interest is calculated daily based on your aggregate end of day balance across all personal Instant Access Savings accounts (including Promo Rate Instant Access Savings). This interest is then paid by ClearBank the next calendar day on a gross basis (i.e. before tax). Promotion period: Offer available from 10 December 2025 to 22 January 2026. The promotional rate will apply to qualifying balances until 31 July 2026. After the promotional period, your account will automatically change to a Revolut Instant Access Savings (powered by ClearBank) and you will earn interest according to your active Revolut subscription plan. We'll let you know about the change one month before the end of the promotional period. If you’d prefer not to move to the new account, you can close your Promo Rate Instant Access Savings in the Revolut App before the change takes effect.
Can Revolut change the interest rate?	Revolut may vary the interest rates up or down. In the event of a decrease in your active rate you will be given at least 14 days’ notice. For a full list of reasons for an interest rate change, see the “Can my interest rate change?” section within the Revolut Instant Access Savings (powered by ClearBank) Terms. No notice will be provided in respect of changes to interest rates on changing your active Revolut subscription plan. You should confirm current interest rates (set out in the latest Summary Box published by Revolut here) prior to upgrading or downgrading your Revolut subscription plan.
What would the estimated balance be at the expiry of the promotional rate, and after 12 months after expiry of the promotional rate based on a £1,000 deposit?	31 July 2026 (expiry date of promotional rate): All Plans: Based on a 4.50% AER (variable), your balance would be £1,025.82. 31 July 2027 (12 months after promotional rate expiry): Standard Plan: Based on a 3.00% AER (variable), your total balance would be £1,056.64. Plus Plan: Based on a 3.00% AER (variable), your total balance would be £1,056.64. Premium Plan: Based on a 3.25% AER (variable), your balance would be £1,059.18. Metal Plan: Based on a 3.51% AER (variable), your balance would be £1,061.83. Ultra Plan: Based on a 4.00% AER (variable), your balance would be £1,066.93. This projection is provided for illustrative purposes only and does not consider your individual circumstances. It assumes: you open the account on 1 January 2026 that £1,000 are deposited in the account at the time it's opened, and that no further deposits or withdrawals are made the interest rates do not change you do not upgrade/downgrade your plan
What would the estimated balance be at the expiry of the promotional rate, and after 12 months after expiry of the promotional rate based on a £25,000 deposit?	31 July 2026 (expiry date of promotional rate): Standard Plan: Based on an interest rate of 4.50% AER (variable) on balances up to £20,000; and 3.00% AER (variable) for balances above £20,000, your balance would be £25,628.11. Plus Plan: Based on an interest rate of 4.50% AER (variable) on balances up to £20,000; and 3.00% AER (variable) for balances above £20,000, your balance would be £25,628.11. Premium Plan: Based on an interest rate of 4.50% AER (variable) on balances up to £20,000; and 3.25% AER (variable) for balances above £20,000, your balance would be £25,637.77. Metal Plan: Based on an interest rate of 4.50% AER (variable) on balances up to £20,000; and 3.51% AER (variable) for balances above £20,000, your balance would be £25,647.84. Ultra Plan: Based on an interest rate of 4.50% AER (variable) on balances up to £20,000; and 4.00% AER (variable) for balances above £20,000, your balance would be £25,667.20. 31 July 2027 (12 months after promotional rate expiry): Standard Plan: Based on a 3.00% AER (variable), your total balance would be £26,398.01. Plus Plan: Based on a 3.00% AER (variable), your total balance would be £26,398.01. Premium Plan: Based on a 3.25% AER (variable), your balance would be £26,471.41. Metal Plan: Based on a 3.51% AER (variable), your balance would be £26,548.09. Ultra Plan: Based on a 4.00% AER (variable), your balance would be £26,695.95. This projection is provided for illustrative purposes only and does not consider your individual circumstances. It assumes: you open the account on 1 January 2026 that £25,000 are deposited in the account at the time it's opened, and that no further deposits or withdrawals are made the interest rates do not change you do not upgrade/downgrade your plan
How do I open and manage my account?	To be eligible to open a Promo Rate Instant Access Savings, you must open your account between 10 December 2025 to 22 January 2026. You are not eligible if you have previously opened a savings account with any partner bank on the Revolut App. You also must be, and continue to be: a UK Revolut personal account customer who has successfully completed our Know Your Customer checks with no restrictions; at least 18 years of age; a UK tax resident (you must notify us promptly if your tax residency changes); and not a US person You are only able to apply for and manage your Instant Access Savings via the Revolut App. There is no minimum required balance to open an account. You can pay in any amount up to the maximum aggregate balance of £5,000,000 across all personal Instant Access Savings accounts (including Promo Rate Instant Access Savings). Where you have a zero balance and have not held a positive balance for at least the previous three months, we may provide one month’s notice of our intention to close your account. In the event that you do not add money to your Instant Access Savings we may terminate your account following expiry of the notice.
Can I withdraw money?	You can access your funds at any time – without any restrictions – via the Revolut App. Payments are usually available to spend on your Revolut account immediately.
Additional information	Powered by ClearBank Instant Access Savings are powered by ClearBank. Revolut introduces you to, and works together with ClearBank to provide you with Instant Access Savings. When you put money into your Instant Access Savings, this amount is deposited on your behalf directly within your Financial Services Compensation Scheme (FSCS) protected account held with ClearBank. Tax Depending on personal circumstances, you may have to pay tax on the interest to HM Revenue & Customs. Please seek professional tax advice if you are unsure about your tax position. AER Meaning AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and compounded once each year. FSCS Protection All eligible deposits in accounts powered by ClearBank are added up when determining your level of Financial Services Compensation Scheme (FSCS) coverage. Compensation is limited to a maximum of £120,000 per person per bank. You can find further information on coverage and eligibility under FSCS in ClearBank’s FSCS Information Sheet and list of exclusions accessible here. For more information about the compensation provided by the FSCS please visit: https://www.fscs.org.uk.