Revolut has launched a new feature for its customers – joint savings accounts.
The amount of interest you earn will depend on your plan, with the Standard and Plus plan earning interest of 1.7%.
Savers on the Premium plan will earn a higher rate of 1.85%, while the Metal plan will get 2% and the Ultra plan 2.5%.
The online bank said there is no cap on the amount of interest that can be earned on savings, with interest paid out daily.
Research carried out by Revolut reveals that two in five Irish people agree that joint bank accounts are the best way to manage their couple expenses.
“Earlier this year, we looked at the desires of our existing joint account customers and couples were very clear with us – they wanted a way to save together with Revolut, and earn competitive daily interest in doing so, ” said Josh Moloney, Product Owner of Joint Accounts at Revolut.
“We’ve now made that a reality and expect to see an uptick in new joint account customers,” he added.
Revolut now has more than three million customers in Ireland, and a total of 50 million around the world.
