Revolut Instant Access Savings (Metal) Summary
Description
A savings account that earns variable interest on AUD balances. Interest accrues and is applied daily. Features and fees will vary based on paid plan tier (Standard, Plus, Premium, Metal, Ultra).
Benefits
- Introductory rate of 6.25% p.a. for 3 months for eligible customers.
- No monthly activity requirements for the ongoing rate.
Hoops
- Applicants must be at least 18.
- Monthly savings-account fee of $28.99.
- Ongoing rate cap: $250,000. See the rate breakdown for higher balances.
- The introductory offer is temporary, lasting 3 months. The ongoing rate then applies.
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Details
Key details
| Product name | Revolut Instant Access Savings (Metal) |
|---|---|
| Maximum variable rate | 6.25% p.a. (Introductory, first 3 months, Revolut Instant Access Savings) |
| Ongoing interest rate | 4.60% p.a. |
| Base interest rate | 4.60% p.a. |
| Minimum age | 18 years |
Source: noren.com.au
All comparison details
| Base | 4.60% |
|---|---|
| Ongoing | 4.60% |
| Ongoing cap | $250K |
| Intro | 6.25% |
| Intro cap | $50K |
| Intro period | 3 mths |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 18 |
| Max age | - |
| Fee/mth | $28.99 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 4.60% p.a..
- Introductory: 6.25% p.a. for 3 months for eligible customers. Up to $50k.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 4.60% | This band only | First $250k |
| Standard variable | 3.90% | This band only | Over $250k to $1m |
| Introductory total, first 3 months | 6.25% | This band only | First $50k |
| Introductory total, first 3 months | 4.60% | This band only | Over $50k to $250k |
| Introductory total, first 3 months | 3.90% | This band only | Over $250k to $1m |
Source: noren.com.au
Share/Export
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Requirements
- No monthly deposit, growth, purchase or withdrawal-count qualification. A linked Revolut Personal Account is required, instant-access deposits/withdrawals go through that account.
- Requires the Metal subscription plan. Fee/mth includes its standard monthly subscription charge of $28.99, not an additional fee per savings sub-account. Paid plans also offer annual billing and have cancellation/notice terms.
- Rate tiers and the $1m hard deposit limit use combined personal savings, not a separate allowance per sub-account. Comparison assumes this is the entire combined balance, before plan fees and tax.
Fees
- Monthly account fee: $28.99
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Revolut.
- Australian-resident individuals aged 18+ with an eligible Revolut Personal Account, for personal AUD savings only.
- Australian Personal Terms section 10 restricts 16–17 accounts to basic payment features and excludes additional products/paid plans. The TMD’s broad 16+ wording does not approve those accounts for adult savings.
Introductory eligibility
- New Australian Revolut customers aged 18+ joining on or after 6 October 2026 only, previous customers or previous signup attempts are ineligible.
- An in-app invitation must be visible when opening savings. Verify and open within one calendar month of joining and before the invitation deadline. Three calendar months from savings opening.
- The promotion replaces ordinary interest on the first $50,000 combined personal savings. Excess uses the ordinary plan tiers, earlier $100,000-cap cohorts are not represented.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected on 31 Oct 2026. Pricing verified on 28 Oct 2026.