Revolut has partnered with Flagstone to provide its client with interest on their savings 'Vaults' for the first time.

This exciting new partnership with Flagstone has allowed Revolut to enhance their popular ‘Vaults’ savings feature, which allows users to round-up their card payments to the nearest whole number and instantly save their spare change.

The Vaults feature was launched in April 2018 and to date over 2.5 million Vaults have been opened by Revolut customers who have deposited more than £1 billion into them. On average 6,000 new Vaults are created every day.

The arrangement with Revolut is the latest of a number of significant partnerships that Flagstone has entered into since its inception in 2013. Flagstone is also the exclusive cash deposit platform provider to some of the UK’s largest wealth managers including St. James’s Place, Quilter Group and Tilney, and charities such as Charities Aid Foundation (CAF).

In September, both Flagstone and Revolut featured on LinkedIn’s 2019 top 25 list of the start-ups that professionals want to work for in the UK.