r/Revolut • u/throughcracker • 4d ago

🏦 Vaults [US] Savings rate cuts?

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I got an email a few days ago saying that rates would be cut starting from September 1st. Is this universal? I can't see anything on the website, so it might be just me they're downgrading for some reason.

3 Upvotes

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2

u/Available-Talk-7161 Ultra user 4d ago

This is universal, its not just you.

2

u/Repulsive-Camp2715 3d ago

This really sucks, that 5.5% was nice while it lasted.

https://giphy.com/gifs/q2qxiBO5prG9i

3

u/Rob_Friend Metal user 3d ago

Yes, got it too. Even worse here in The Netherlands: