- Hold and send money in 30+ currencies
- Spend, withdraw and transfer directly from the app
Revolut is a UK-based fintech company offering mobile-only banking services, including a prepaid debit card, currency exchange as well as peer-to-peer payments. The mobile app supports spending and ATM withdrawals in 150+ currencies and holds money in 30+ currencies. There is a zero-fee policy for most of its services and uses interbank exchange rates for currency exchanges.
- Free Account
- Plans from £2.99/m
Opening a Revolut account is relatively simple. Once you have downloaded the app, verify your identity and proof of residence, add funds to your account by bank transfer or card, then order your new Revolut card.
Set and manage your budget and sub-budgets. Budgeting controls: once you set up a budget, Revolut will automatically track progress in real-time, making sure you do not exceed your spending targets. Divide your monthly budget over specific categories and let Revolut alert you when you’re close to reaching the budget limit.
Order a Revolut card to fully benefit from all of its features. Depending on your account, you can order different cards with which you can pay online but also in-store.
Automatically block payments made from any other location than yours.
An easy and fast way to work towards your financial goals. Set up in seconds, name it, attach a saving goals and turn on the spare change feature for starters. Round up payments to the closest whole amount and store the difference. Set up a recurring payment straight into your Vault.
Mobile phone insurance
Instant, global coverage against accidental damage from £1 a week.
Overseas medical insurance
Geolocation technology ensures you only pay for days spent abroad, with medical and dental coverage from £1 per day.
Hold and send money in 30+ currencies with real-time foreign exchange to 150+ currencies.
You create a default account when you register, based on the currency used in your location. You can create up to 24 different accounts for different currencies with the default account included.
Pay, share bills with your contacts, transfer money.
- Split bills with any of your contacts.
- Transfer money globally, with low fees and the interbank exchange rate.
- Schedule recurring payments.
- Payment links for sending or requesting payments.
Freeze/Unfreeze your card
In case of a lost card, freeze it in the app. Unfreeze it again when you find it, or report it as lost and get a new one.
Easily adjust what your card can do from the app, i.e. contactless and swipe payments, ATM withdrawals, online transactions, etc.
In over 150 currencies with the interbank exchange rate, with a small 0.5% fee above the €/£6.000 per month mark.
€/£200 (amount depends on a plan) in international ATM withdrawals for free.
Revolut Pro is tailored for freelancers, contractors, side-hustlers, sole traders, and more. It offers a suite of simple and convenient tools designed to streamline financial management and empower individuals in various self-employed professions. These tools are available to you for free within your Revolut app!
- Earn 0.8% cashback* on all Pro debit card purchases
- Accept quick payments via QR codes, payment links and card reader
- Send customisable invoices
Revolut Account Types
As a Revolut user, you can choose from three different personal account types and another four business account types to choose from.
Personal account types
|Price per month||€/£0||€/£2.99||€/£6.99||€/£12.99|
|Free Euro IBAN account||✓||✓||✓||✓|
|Spend in 150+ currencies at the interbank exchange rate||✓||✓||✓||✓|
|No fee exchange in 30+ fiat currencies||up to £1,000 p/mo||up to £1,000 p/mo||No monthly limit||No monthly limit|
|Card Spending (foreign)||✓||✓||✓||✓|
|Virtual debit card||✓||✓||✓||✓|
|Google Pay / Apple Pay||✓||✓||✓||✓|
|No fee on ATM withdrawals||Up to €/£200 p/mo||£200/mo||Up to €/£400 p/mo||Up to €/£800 p/mo|
|24/7 customer support||X||✓||✓||✓|
|Discounted international transfers||X||X||20%||40%|
|Cashback on card payments||X||X||X||✓|
|Cashback on Stays bookings||3%||3%||up to 5%||10%|
|Overseas medical insurance||X||X||£10 M/y||£10 M/y|
|Baggage loss, damage or delay||X||X||£1000/y||£1000/y|
Business account types
To learn more about Revolut business accounts, read our full Revolut Business Review.
Revolut’s policies and procedures are designed to protect users’ confidentiality as well as the security of their information, including their non-public personal information. Personal information is stored using third-party servers located in secure data centers protected by firewalls and a ‘restricted access’ policy, in compliance with applicable regulations. All data passed between Revolut’s mobile apps, its servers, and third parties are 2048-bit SSL encrypted.
On top of that, Revolut employs several security settings that can be applied to each of your Revolut cards. Change these at will in the app’s ‘Cards’ section.
- Location-based security: when activated in the app, your phone’s GPS location is used to determine if your card has been compromised and to prevent fraudulent transactions. In suspicious circumstances transactions will be blocked.
- Magstripe Payments: magstripe card payments are generally considered unsafe. Disable this type of payment to help prevent your card from being cloned or used fraudulently. Chip and PIN methods, when available, are strongly preferred.
- Contactless Payments: disable contactless payments in case you’re not paying via contactless methods.
- ATM Withdrawals: disable ATM withdrawals to prevent transactions being carried out at an ATM terminal.
- E-commerce transactions: disable e-commerce transactions to prevent any payments being completed online.
Using the Revolut app abroad
Revolut aims to make traveling abroad as pleasant as possible for its users. For users traveling abroad, Revolut offers:
- Spend in 150+ currencies at the interbank exchange rate.
- £200 a month in international ATM withdrawals for free with the Standard plan which is free. The amount that you can withdraw for free depends on the plan you chose.
The Revolut Support Center consists of two main parts: Community and the Help Center. The Help Center is a searchable knowledge base that covers all aspects of Revolut’s service, with an obvious special focus on the app, categorized into different sections, each covering a specific aspect of the service.
The community is a Q&A forum that has a number of conveniently chosen subcategories that make it easy to navigate, with additional options to check the latest posts, or the most popular ones. Getting information from other users can be of great help to someone just getting started. In any case, these two support pillars offer a lot of tips, tricks and general knowledge about Revolut’s service and the app.
If you are still left with questions after checking the Support Center and the Community forum, you still have the option to contact Revolut’s customer service. You can call them, but the In-App chat option is much preferred over the automated phone line. The chat is available 24/7, but since Premium users are entitled to priority support, waiting times could be longer than expected for standard users.
Let’s revolutionize the banking word…together, with REVOLUT! I am honestly having a GREAT experience using REVOLUT! I think it is really revolutionary…I can move money, exchange money or pay move without worrying about when Is the best moment to exchange, or what are the fees that I am going to pay and so on! I would really suggest EVERYONE should use it!
The app works great. Have used it successfully for international transfers. The customer care is also available on chat and is responsive. Keep up the good work ! The only con with revolut is that the revolut website does not have all the features available in the app. Edit: Reduced one star for 3DS failure. Everything except revolut works fine with 3DS.
We have been using Revolut for nearly a year now and it has made travelling hassle free, cheaper and simpler. While travelling abroad, we no longer have to pay exorbitant exchange rates and make a trip to the exchange bureau. We simply top up our revolut account at really favourable currency exchange rates and then track our spending on the Revolut app.
Revolut offers a very solid app with a wide variety of great features. It is easy to use and works in a very intuitive way. You can hold different currencies and spend like a local abroad. Revolut values security and, besides encrypting data streams with state-of-the-art encryption, offers a very useful set of security features users can benefit from to keep their Revolut account safe and secure. With Revolut, digital banking is a fee-free and great alternative to traditional banking solutions, with relatively low fees for basic accounts and even lower fees for premium accounts.