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Revolut AU review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Revolut pairs a 4% variable rate with instant app access, fee-free withdrawals and no withdrawal limits, so it suits savers who want their money back the same day. The balance is covered by FSCS up to GBP 85,000 and the rate can move with the base rate.

Key facts

Best for
Same-day access to a variable rate with a monthly fee of £0.
Headline rate
4%↗
Rate type
Variable↗
Minimum deposit
£0↗
Deposit protection
FSCS up to GBP 85,000↗
Access terms
Instant access via the Revolut app, fee-free withdrawals, no withdrawal limits↗
Monthly fee
£0↗
Account kind
Easy access↗
Legal entity
Revolut Payments UAB↗
Headquarters
Lithuania↗
Founded
2015↗
Support channels
Chat, Phone, Help-centre, Email↗
Pricing model
No monthly fee
Official website
revolut.com

Facts checked September 26, 2026, 5 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataLinkedInXfacebook.com

Pros and cons

Pros

  • Instant access in the app, fee-free withdrawals and no withdrawal limits.
  • A minimum deposit of £0 and a monthly fee of £0 mean nothing to pay to start.
  • The 4% rate sits above the 3% median across the site.
  • Support runs through chat, phone and help centre.

Cons

  • The rate type is variable, so the 4% figure can fall when the base rate falls.
  • The account kind is easy access, so there is no term or notice period to trade for a higher rate.
  • On headline rate it places 144 of 488 brands, so the 4% figure is mid-list.
Revolut AU

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Scored 9.0 / 10 by SumCue.

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Who it suits

  • Savers who want their money reachable the same day from the app
  • Anyone starting small, since a minimum deposit of £0 keeps the entry point low
  • People who want phone, chat, email and help centre support through chat, phone and help centre

Who should look elsewhere

  • Finteres, where the rate runs 0% to 36%, suits savers ready to lock a term rather than hold easy access savings.
  • bunq, on 3.01%, is the alternative for readers who want a different app and a lower headline rate.

Rates and terms

The headline rate is 4% and the rate type is variable, so the return tracks the base rate instead of being locked in for a period. Savers comparing across the market should read 4% as a variable figure that can move either way, and weigh it against the fixed-rate deals that do hold.

How Revolut AU compares

Where Revolut AU is available

Available
Australia
Licence in United Kingdom
Financial Conduct Authority and Prudential Regulation Authority (Revolut Bank UK Ltd) (981170), checked September 26, 2026
Licence in United Kingdom
Financial Conduct Authority, Electronic Money Institution (Revolut Ltd) (900562), checked September 26, 2026
Licence in United Kingdom
Financial Conduct Authority and Prudential Regulation Authority (ClearBank Limited, savings deposit partner) (754568), checked September 26, 2026
Licence in Lithuania
European Central Bank, facilitated by the Bank of Lithuania (EU banking and e-money licences), checked September 26, 2026
Licence in Lithuania
LT_BL (PSD_EMI LT_LT_BL_304940980), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Licence in Cyprus
Cyprus Securities and Exchange Commission (CySEC) (MiCA CASP 549300ET4IUR6RCZOL84), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Greece, Spain, Finland, France, Croatia, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia

Countries from the brand (Source, checked September 29, 2026)

Frequently asked questions

Is there a monthly fee on Revolut savings?+

There is no monthly charge. The stated monthly fee is £0, and withdrawals are fee-free with no withdrawal limits, so taking money out adds no cost to the balance you have saved.

What rate does Revolut pay, and can it change?+

The headline rate is 4% and the rate type is variable. Because the rate is variable, it follows the base rate, so the figure you see now can move up or down over the life of the account.

Is my money protected?+

Deposits are covered by FSCS up to GBP 85,000. The savings deposit partner named in the terms is ClearBank Limited, listed with the Financial Conduct Authority and Prudential Regulation Authority, which is the banking permission behind the cover.

How do I withdraw, and how quickly?+

Access is instant through the Revolut app, withdrawals are fee-free and there are no withdrawal limits, so the account kind of easy access means you are not waiting out a notice period.

Do I need to put in a minimum amount to open it?+

The minimum deposit is £0, so there is no floor to meet before the account earns. With a monthly fee of £0 as well, the account costs nothing to hold whether the balance is small or large, which suits a first savings pot.

How do I get help if something looks wrong?+

Support covers chat, phone and help centre: phone, chat, email and a help centre, so a direct line is open when a balance or a transfer needs explaining, and most questions can be handled in the app without leaving it.

How does the rate compare with other apps?+

The headline rate of 4% puts Revolut at 144 among 488 brands on this measure. Wise pays 3.29% and bunq pays 3.01%, so Revolut sits above both of those on the headline number.

Sources

  • euclid.eba.europa.eu/register/downloads/PSDMD/20260926/do... checked September 26, 2026

    Backs: Headquarters, Legal entity, Licences

    “EntityCode=LT_LT_BL_304940980; EntityType=PSD_EMI; ENT_NAM=Revolut Payments UAB”

  • en.wikipedia.org/wiki/Revolut checked September 26, 2026

    Backs: Founded

    “It was founded in July 2015 by Nik Storonsky and Vlad Yatsenko.”

  • revolut.com/en-GB/contact-us checked September 26, 2026

    Backs: Support channels

    “Speak to our support team in 100+ languages via our secure in-app chat, or call us in-app. ... If you can't resolve the issue via in-app chat, contact us at support@revolut.com.”

  • revolut.com/en-GB/savings checked September 26, 2026

    Backs: Headline rate, Minimum deposit, Pricing model, Monthly fee, Rate type

    “Up to 4% AER (variable) interest paid daily, with our Ultra plan. No withdrawal fees. No minimums. Instant access anytime.”

  • revolut.com/legal/clearbank-savings-terms checked September 26, 2026

    Backs: Access terms, Account kind, Deposit protection

    “You can transfer money into or withdraw money out of your Instant Access Savings with your Revolut account at any time via the Revolut app. ... There are no withdrawal limits that apply to your...”

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Term.

Revolut AU

Revolut AU

Same-day access to a variable rate with a monthly fee of £0.

9.0/10Visit