Sparcheck: These call money offers are better alternatives to Revolut's top interest rate
4.25 percent interest sounds enticing. But on closer inspection, the digital bank Revolut's offer reveals weaknesses that other call savings accounts do not have.
Revolut is offering 4.25% interest on its savings account, but only up to €25,000 and with certain conditions. To keep the high interest rate, account holders must make at least three transactions of €5 every 30 days through the Revolut app. The offer is best suited for those who want to switch to Revolut and actively use the account.
Alternatives include Chase with 4% interest for four months up to €1 million, and the Bank of Scotland with 3% interest guaranteed for a year. The Suresse Direkt Bank and BBVA also offer competitive interest rates.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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