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Revolut introduces spare change savings feature

Jordan Williams | 16:57 Wednesday 18th April 2018

Revolut has become the latest mobile banking platform to add a spare change savings feature to its current account.

The introduction of Revolut's vaults will enable users to save spare change from their everyday purchases.

Any of Revolut's 25 supported currencies – as well as cryptocurrencies – can be used for savings.

One-off or regular payments can be added to or withdrawn at any time.

Nikolay Storonsky, founder and CEO at Revolut (pictured above), said: “Offering spare change savings and round-ups to Revolut users has been one of our most popular feature requests.

“We've had thousands of people in our community asking for this feature, so we wanted to give something back and ask for their help in naming it.

“We believe that vaults will enable us to help many more people start saving and investing towards their future."

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