30-04-2025
Huge money boost for thousands of Irish Revolut customers as bank confirms launch of ‘most sought after' new feature
REVOLUT has announced the launch of a "sought after" new feature for thousands of customers.
The mobile
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Revolut is the only platform in Ireland to pass on interest to firms daily
Credit: Getty Images - Getty
The new instant-access savings accounts will now offer the opportunity to earn daily interest on surplus funds.
Its key value proposition is that it is a smarter alternative to legacy banking with its modern, digital-first solution.
The mobile banking app also enables businesses to access borderless finance, lower fees, faster banking, less admin, advanced security, fraud protection, real-time insights, and automation.
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And the monthly volume of transactions topped €1.2bn, up 102 per cent versus one year ago.
The Revolut Business Savings account provides Ireland's best instant-access rate in the market when compared to the legacy banks and other fintechs alike.
This comes as findings from a recent Dynata study conducted by
Revolut found that over half (51 per cent) of Irish businesses said that 'low interest rates' were a challenge for them amid persistent calls from
Revolut is the only platform in Ireland to pass on interest to firms daily.
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Existing business customers also showed a clear appetite for financial products that help them get more from their money — with €1bn held in treasury products globally since launch and continued expansion over the last 12 months.
Revolut Business offers a suite of banking and spend management products tailored for Irish businesses, with plans to release even more innovative products to further support enterprises of all sizes across Ireland soon.
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More and more Irish businesses are using Revolut Business as their primary account, largely due to the local relevance and its Irish IBANs.
And the app is the most downloaded among key competitors in the last four weeks.
Revolut Business also seamlessly integrates with platforms like QuickBooks, Xero, FreshBooks, and SageCurrent, including the likes of
General Manager of Revolut Business, James Gibson said: "With the significant growth we've seen in Revolut Business' adoption in Ireland over the last few years, we've invested in localising our product further to better serve our customers.
"That has meant fulfilling our business customers' most sought-after request: a savings account to help them grow their surplus funds with market-leading interest rates, paid out to them daily.
"This new feature sits alongside our comprehensive Revolut Business suite and is designed to support SMEs and larger enterprises in running their businesses and getting the most out of their money —
taking Irish firms to the next level."
Revolut was recognised by financial comparison site as Ireland's 'Best consumer business' in 2024 while it has been named Ireland's 'Best current account' two years running (2024 & 2025).
The bank also placed in the Top 20 (15th) in 2025's Ireland Reputation Index.
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The new instant-access savings accounts will now offer the opportunity to earn daily interest on surplus funds
Credit: Revolut
