What is a savings account?
What would the estimated balance be after 12 months based on a £1,000 deposit?
What would the estimated balance be after 12 months based on a £1,000 and £250,000 (for Ultra) deposit?
I've been using it for a while now and I've had a good experience. However I would like to know the experiences of other people, Regarding how much money is the most they have had in revolut and if they have had any problems or handling large amounts has worked normally...
I will read your comments!
So Revolut just opened their savings offerings here. Seems to offer better rates than the banks here (not hard). I’m tempted, but just wondering if I’d be better off investing in a different currency?
As you can see here, the %APY is higher in GBP and USD. I know you’d have to be wary of currency fluctuations, but is that enough of a deterrent do you think? Am I better off just sticking to Euro?
Also if anyone has any idea how this compares to something like Trade Republic I’d be grateful also, I really need to start doing something with my money instead of leaving it in a current account!
Asking about Revolut UK, where I have my account registered.I’ve tried asking them this but they won’t tell the deposit limits they just keep it secret.
I’ve transferred many times from my other uk bank accounts as well as Spain bank cards into my Revolut account without problems. I’m a Spanish national but registered in Revolut uk (im uk resident). The maximum I ever transferred was £8000 and and they never asked anything. My question is what’s the deposit/limit that when reached, your account gets flagged and they ask you to provide source of funds due to money laundering/financial crime laws or whatever.
I know they have automatic flagging systems. Does anybody know if this limit is per single transfer or per total amount deposited since you opened your account with them?
If anybody has any info or experience on this I would love to hear. My guess is that transfers above £50,000 will get flagged but again I have no idea. Asking for Revolut uk only. Not sure if their limits change by registration country.
I have the metal subscription, not sure if that has bigger limits