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Revolut vs. Monzo

Compare and choose the best free mobile bank account for you.

VS.
Revolut New Logo 488x188
Our Score: 9.8
Monzo
Our Score: 9.2

Company

Main advantage

The multifunctional app includes everything a user needs: a fee-free account, travel benefits, investment opportunities, savings options, smart budgeting tools, cashback rewards, currency exchange, money transfers, and more.

Provides their customers with a traditional banking experience. Offering loan programs for borrowing over a specific time frame, along with savings and budgeting options that help you organize your money.

Features

Physical Cards

V
V

Virtual cards

1 free virtual card

Only paid plans

Multi-currency account

V
X

Investment features

V
X

Earn interest (EAR)

V
V

Cashback

V
V

Trustpilot

146104 reviews
24036 reviews

Currencies

Location

UK, Europe, Americas, Asia Pacific

UK

Multi-currency account

Hold GBP, EUR, USD and 25+ currencies

Only GBP but you can use the card abroad

Currency exchange fee

Fee-free for up to £1000/mo. (up to 1% above £1000)

Up to 3%

Exchange rate

Real mid-market exchange rate

Mastercard exchange rate (usually higher than mid-market exchange rate).

Ways to top up

Cards

V
X

Bank transfers

V
V

Cash deposits

V
V

Account Types

Personal

V
V

Business

V
V

Kids

V
X

Bottom line

Our score

Winner! 9.8
9.2

Create a free account

Revolut vs. Monzo

Compare and choose the best free mobile bank account for you.

Features

Physical Cards

V
V

Virtual cards

1 free virtual card

Only paid plans

Multi-currency account

V
X

Investment features

V
X

Earn interest (EAR)

V
V

Cashback

V
V

Trustpilot

146104 reviews
24036 reviews

Currencies

Location

UK, Europe, Americas, Asia Pacific

UK

Multi-currency account

Hold GBP, EUR, USD and 25+ currencies

Only GBP but you can use the card abroad

Currency exchange fee

Fee-free for up to £1000/mo. (up to 1% above £1000)

Up to 3%

Exchange rate

Real mid-market exchange rate

Mastercard exchange rate (usually higher than mid-market exchange rate).

Ways to top up

Cards

V
X

Bank transfers

V
V

Cash deposits

V
V

Account Types

Personal

V
V

Business

V
V

Kids

V
X

Create an account

We recommend Revolut as great option for most customers. Using the Revolut card comes with extra perks such as cashback and rewards for various types of purchases. Additionally, you can earn up to 4.75% annual interest, paid daily, on your savings. Revolut allows you to hold money in over 30 currencies without incurring any fees and provides currency conversion at real mid-market exchange rate. It’s a smart, versatile and rewarding choice for managing your finances.

Winner!

Our score 9.8

Our score 9.2