Wealthyhood review

The headline rate is 2.36% and it is variable, so the return follows the base rate instead of being fixed for a set period. For context, the median headline rate across savings accounts on the site is 3.08%, which puts Wealthyhood below the middle.

The monthly fee is €0, and Wealthyhood lists a no monthly fee model, so nothing is taken each month. Across savings accounts on the site the monthly fee median is €0, so there is no cost gap between this account and the typical free one.

The minimum deposit is €1, which keeps the starting point low for a household savings pot. You can fund it and let the balance grow at 2.36% without locking the money away, since access is instant access, no lock-up.

Deposits are covered by EU DGS up to EUR 100,000. The account is run by Wealthyhood Europe AEPEY in Greece and is authorised by the Hellenic Capital Markets Commission under 3/1014. In the UK, Wealthyhood Ltd is an appointed representative of RiskSave Technologies Ltd under FRN 775330; Wealthyhood Ltd FCA Register 933675.

Yes. It is a easy access account and the terms give instant access, no lock-up, so there is no notice period to serve and no term to run out. That suits a buffer you may need at short notice rather than money committed to a product with an end date.

Support runs on email, chat and help centre, so you can write by email, open a live chat or read the help centre. A phone line and a community channel are not part of that list, which is worth knowing if you would rather speak to someone.

The account is operated by Wealthyhood Europe AEPEY, based in Greece. It is a savings pot for households rather than a brokerage or trading platform, and the rate it pays is variable, so the return follows the base rate.