Revolut has brought back its 3.51% annual interest rate for new customers in Spain. The offer spotlights instant-access accounts as returns elsewhere fall. Revolut says it has over 80 million users worldwide and more than 7 million in Spain, and is targeting the deal at people opening new accounts.
This time, there’s no set deadline to sign up. New customers who complete identity checks can activate the higher rate within 30 days of opening their account. The 3.51% rate lasts for up to four months from activation and applies to balances up to 25,000 euros. After that, the rate depends on the Revolut plan the customer chooses.
Spanish business media report that Revolut’s new 3.51% TAE promotional account launched on September 16, 2026, and is available exclusively to new clients in Spain.
To keep earning the higher rate after the first 30 days, users need to make at least three card payments of five euros or more every 30 days. The requirement is designed to encourage everyday account use alongside saving. Interest is paid daily, and money can be withdrawn at any time.
Ignacio Zunzunegui, Head of Growth for Southern Europe, Latin America, and the US at Revolut, says demand is strong for savings accounts that offer flexibility and a good return. He explains, "The response to our recent savings campaign in Spain has demonstrated the great interest of customers in making the most of their savings while keeping their money always accessible. Our goal is to make saving with Revolut easier than ever: that’s why we offer daily interest payments, instant access to funds, and full management from the app."
For Spanish savers, the offer provides a chance to get a leading rate without locking up their money or dealing with complicated terms. No sign-up deadline adds to its appeal, though the four-month limit and payment requirements make it best suited to people who plan to use Revolut for regular spending. Traditional banks have been slow to raise rates, giving Revolut a chance to challenge established players as digital banks compete for new customers.
Deposits from Spanish Revolut customers have already exceeded 3.2 billion euros, up approximately 80% over the past year. That growth helps explain why the company is expanding its savings offers in Spain, which it now describes as its third most impressive market after the UK and France.
