Revolut 5% linked savings

GaryPearson99

I followed link on today's money saving expert email to open revolut bank account and get 5% access savings, but only rate on free plan is 2.9%. What am I missing to get 5%?

Antigonos

Inside the app, there's an option to open a savings account from the Accounts section. The special rate of 5% is available from there. I just opened an account myself and it's working fine.

Joanthebone

I have gone to the 'Accounts' section and the most on offer is 4%.

I've done all the checks and opened the account, solely for the 5% but its not on offer for me.

MarkFromCornwall

https://forums.moneysavingexpert.com/discussion/comment/82029351#Comment_82029351

JoanTheBone: It worked for me. From the home page, click on Accounts, then at the bottom of the screen “Add New” and then in the “Save” section choose “Personal Savings - earn up to 5.00% AER”. If it’s not there for you, perhaps they think you are an existing customer or perhaps the offer has been withdrawn today.

friolento

I don’t have any 5% offer. Probably because I have held a 4.5% account for a while.

wiseonesomeofthetime

https://forums.moneysavingexpert.com/discussion/comment/82029600#Comment_82029600

Or because you cannot be a "new" customer, if you have held a 4.5% account "for a while", surely.

Or are the £20 reward and the 5% savings separate offers with separate T&Cs?

soulsaver

@Joanthebone

@GaryPearson99

It doesn't show 5% until funded… and even then it was next day for me.

Deposit £1 and check after a couple of hours/next day.

See here for my similar experience.