Offer at a glance
- Interest Rate: Up to 5.5% APY
- Minimum Balance: None
- Maximum Balance: $10,000
- Availability: Nationwide
- Direct deposit required: No
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: No
- Credit card funding: Unknown
- Monthly fees: None – $17
- Insured: FDIC
The Offer
- FinTech Revolut has launched a new high yield savings on balances up to $10,000
- 4% for standard users
- 4.5% for premium users
- 5.5% for metal users
Avoiding Fees
Premium is $9.99 per month, metal is $16.99 per month
Our Verdict
Only the metal tier is worth considering as other high yield accounts have better rates. If you put the $10,000 into the 5.5% account you’d be earning an additional 0.7% compared to the best current rates. That works out to be an additional $70 annually or $5.83 monthly, not nearly enough to cover the $16.99 monthly fee sadly. Please do not share your referrals in the comments below.
