INSUBCONTINENT EXCLUSIVE:
Fintech startup Revolut lets you earn interest on your savings thanks to a new feature called savings vaults
That feature is currently only available to users living in the U.K
and paying taxes in the U.K.The company has partnered with Flagstone for that feature
But Revolut says that it will be available to Revolut Premium and Standard customers in the near future.Savings vaults work pretty much
You can create sub-accounts in the Revolut app to put some money aside
And Revolut offers you multiple ways to save
You can round up all your card transactions to the nearest pound and save spare change in a vault.You also can set up weekly or monthly
transactions from your main account to a vault
And, of course, you can transfer money manually whenever you want.Metal customers in the U.K
can now turn normal vaults into savings vaults
You can take money from your savings vault whenever you want.Revolut promises 1.35% AER interest rate up to a certain limit
