Updates
Trading 212 intends to offer the account; Revolut is weighing it up
Trading 212's Irish CEO says the platform intends to participate in the scheme. Revolut says there are no technical barriers, but Irish tax reporting adds complexity — and it has not committed.
Updated 2 October 2026
Correct as of the rules ledger v2026.09.5 (24 September 2026). This post was checked against the ledger on that date.
Trading 212 intends to participate
Trading 212's Irish CEO, Michael Byrne, told the Business Post on 1 September 2026 that the company “intends to participate” in the Savings and Investment Account scheme, while acknowledging that the final tax arrangements and payment mechanics had not yet been settled.
That is a first-person statement of intent from a named executive, so Trading 212 moves to Stated plan on our provider tracker. It is not a live product: no fees, minimums, investment range or opening date have been published, and participation still depends on the mechanics Budget 2027 sets.
Revolut: capable, but not committed
In a Business Post round-up on 4 September 2026, Revolut said there are no technical barriers to offering the account, but that integrating the additional Irish tax administration and Revenue reporting would create extra operational and regulatory complexity. It did not commit to offering the account.
We have moved Revolut from “No public position” to Considering. The statement matters because it names the sticking point precisely: the provider-run tax administration is the cost every firm is weighing before it commits.
What you can compare now
No firm has published complete fees and terms, so our comparison directory remains empty. Budget 2027 on 6 October is expected to set the tax rate, tax-free threshold and contribution limit — the details Trading 212 and Revolut are both waiting on. We add products only when their actual terms are public.
Frequently asked
Will Trading 212 offer the account?
Trading 212's Irish CEO, Michael Byrne, told the Business Post on 1 September 2026 that the company 'intends to participate' in the scheme, while noting the final tax arrangements and payment mechanics had not been settled. It has not published fees, minimums or an opening date.
Will Revolut offer the account?
Not confirmed. Revolut told the Business Post on 4 September 2026 that there are no technical barriers to offering the account, but that integrating Irish tax administration and Revenue reporting would add operational and regulatory complexity. It did not commit.
Keep reading
- AIB plans to offer a PIA; Zurich discusses how insurers could take part
- An Post is looking for an investment partner: what it could mean for the PIA
- Budget Day watch-list: what to look for on the PIA on 6 October
- What the commentators are saying about the PIA — and what is still unknown
- What is the Personal Investment Account? Ireland's 2027 investing shake-up
- Budget 2027 and the PIA: the three numbers that decide everything
- PIA vs pension: which should an Irish saver fund first?
- All PIA and Irish investment tax guides
Run your own numbers
Compare a Personal Investment Account against a deposit account and a standard fund over 10, 20 or 30 years — with real Irish rates.
Open the PIA calculatorInformation only, not financial or tax advice. Final PIA rules — the contribution limit, the tax-free threshold and the flat rate — are due to be confirmed in Budget 2027 and the related Finance Bill. Figures cited are from the Department of Finance roadmap, Revenue, Skatteverket, GOV.UK and the IRS.