Introduction
Revolut is a UK-based financial app that combines everyday banking with international spending and additional financial services. Depending on your chosen plan, features may include a multi-currency account, savings, investments and budgeting tools.
Features
Analytics
Revolut includes budgeting tools that let users create budgets by category, track spending and receive notifications when they are approaching their chosen limits.
Cards
Revolut offers virtual and physical cards, depending on your plan. Physical cards can be used for in-store and online payments (delivery fees may apply).
Location-based security
Location-based security can help detect transactions that appear inconsistent with your device location.
Vaults
Vaults allow users to set savings goals, schedule recurring transfers and round up card payments into a separate savings balance, where available.
Multi-currency account
The multi-currency account allows users to hold, exchange and spend in multiple currencies. International transfers are also available, subject to the supported currencies and destination.
Accounts
Users can create additional currency accounts within the app, making it easier to hold and manage balances in supported currencies.
Payments
Revolut supports everyday payments, money transfers and bill splitting within the app.
-Split bills with other Revolut users.
-Send money internationally to supported countries and currencies.
-Set up recurring payments within the app.
-Create payment links to send or request money.
Freeze/Unfreeze your card
Cards can be frozen or unfrozen in the app if they are temporarily misplaced. If a card is lost or stolen, it can also be reported and replaced.
Security settings
Manage card settings in the app, including contactless payments, cash withdrawals and online transactions.
Withdraw money
Fee-free ATM withdrawals are available up to your plan allowance. Fees apply above the allowance, and ATM operators may charge additional fees.
Revolut PRO
Revolut Pro is designed for eligible freelancers and sole traders who use Revolut for business-related income and expenses. It includes tools for accepting payments, creating invoices and managing business transactions within the Revolut app.
- Cashback available on eligible transactions, subject to the chosen plan.
- Accept payments using QR codes, payment links or a compatible card reader.
- Create and send customisable invoices.
Revolut Account Types
Revolut offers a range of personal and business account plans. Available features and monthly fees vary depending on the selected plan.
Personal account types
Security
Revolut includes a range of security features that help users manage their account and payment cards within the app. These include card controls, biometric authentication, transaction notifications and disposable virtual cards.
Users can manage several card settings directly in the app, including:
- Freeze and unfreeze your card: Temporarily freeze a misplaced card and unfreeze it when found. Lost or stolen cards can also be reported and replaced.
- Disposable virtual cards: Generate a new virtual card number after each eligible online purchase to help reduce the risk of card details being reused.
- Contactless payments: Enable or disable contactless payments directly in the app.
- ATM withdrawals: Enable or disable cash withdrawals from ATMs.
- Online payments: Enable or disable online card payments.
- Card notifications: Receive notifications for eligible card transactions to help monitor account activity.
Using the Revolut app abroad
Revolut includes several features for international spending and travel. Available allowances and benefits depend on the selected plan.
- Spend abroad using your Revolut card in supported currencies.
- Exchange currencies within your plan allowance (weekend markups may apply).
- Standard plan users can withdraw up to £200 per rolling month without a Revolut withdrawal fee. Fees apply above the allowance, and ATM operators may charge additional fees.
- Hold and exchange multiple currencies within the app.
Revolut Support
Revolut provides customer support through its in-app Help Centre, Community forum and customer support team. The Help Centre contains articles covering account management, payments, cards, security and other Revolut services, while the Community forum allows users to browse discussions and answers from other customers.
Pros & Cons
Pros
- Hold and exchange multiple currencies
- Multi-currency account available
- Budgeting tools and card controls in the app
- Free Standard plan available
Cons
- Weekend markups may apply when exchanging currencies
- Some features and higher allowances are only available on paid plans
Conclusion
Revolut is a financial app that combines everyday banking, international spending and additional financial features in one platform. It may suit users who want to manage multiple currencies, make payments abroad and access app-based tools such as budgeting, card controls and savings features.
Fees, allowances and available benefits vary by plan, so users should review the latest pricing and terms before opening an account or upgrading to a paid plan.
Customers Feedback
I've been using Revolt for 2 years now. I got freedom with this card and flexibility, as I can charge with £ and change in Euro or other money. Recently I needed help from a customer services team and the consultant explained and helped me to understand things. Very happy to have Revolut!
I'm very happy about Revolut App. Very easy to use and quick money transfer. Im always using them when abroad but not only. Various of usefull funcions allows me to use Revolut not only for transfering money but also for investing, saving and even be my wallet.
The only problem I am having with Revolut is that sometimes the payments with the visa card are not going through. It needs some tries to be executed.
I really enjoy Revolut! It has so many cool features, like creating multiple virtual cards to use for paying specific things (i.e. subscriptions like Netflix, etc, or one for bills, another for shopping, etc). The Revolut debit card is also really cool and the fancier ones are even cooler being actual metal cards in different colors.
I've been using Revolut for 6 months as main account, it's incredible the amount of features I have. I'm exchanging currencies very easily from my home country. I can use the Revolut contactless everywhere, and withdraw in almost every cash machine I found without extra fees. I recommend choosing the Premium account, it's definitely worth it. I'm not into Investment yet, but it's also possible to do it.
I was pleasantly surprised, to the extent that I decided to only keep a current bank account in the UK and close currency accounts in other countries and then use Revolut to take care of foreign payments. The exchange rate is more favourable than currency exchange organisations. No annual foreign bank charges. Debit card is conveniently multi-currency.
I received my forest Revolut card a few weeks ago. It's everything I hoped it would be. Super easy to use. The app is great. Customer support is responsive. I travel loads and card saves me so much in bank fees. I’ve just ordered the metal card – why not? Thanks for all at Revolut.
An absolutely game changer, great in any aspect, don’t know why I waited so ling before I finaaly got it. (Ido know, got tired of Wise). Heads up to Revolut.
The most easier banking app I ever saw.