Savings account · 18+ years
Revolut Instant Access Savings
5.30%p.a. total
Ultra plan · $99.99/mo
6.25% for the first 3 months, then 5.30%41st of 151 savings accounts · market average 4.37%
The RBA raised the cash rate to 4.60% on 30 September. Revolut Instant Access Savings moved on 7 October, 7 days later.
What it asks
Nothing each month- Each month
Nothing to do. The rate follows the plan: 5.30% on the Ultra plan, $99.99 a month.
- Who can open it
Anyone 18 or over
- Balance
The top rate is paid on balances up to $250,000.
Rate history
Last change 7 Oct- Revolut Instant Access Savings
- RBA cash rate
- Market average
October 20261 change
- 7Wed
- 5.05 → 5.30Base rate 5.05% → 5.30% · 7 days after the RBA rise to 4.60%+0.25
- #46SepSep 2026: ranked 46 of 120
- #40OctOct 2026: ranked 40 of 150
- #41NowNov 2026: ranked 41 of 151
- Top 5%
- Top 10%
- Top 25%
- Top half
- Lower half
In the top 50% for every one of the last 3 months.
- Interest a year
- $2,650
- Each month
- $221
- Against the average (4.37%)
- +$466
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
The figures assume the Ultra plan, before its monthly fee.
Notes from savers
to leave a note.
Pays 5.30% p.a. on the Ultra plan ($99.99 a month) as of 1 November 2026; the free Standard plan pays 3.00%. Ranks 41st of 151 savings accounts tracked by BankMate, 0.93 points above the average of 4.37%. The rate last rose on 7 October 2026, 7 days after the RBA raised the cash rate to 4.60%. From Revolut's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·