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Revolut vs. Monzo

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

VS.

Advertiser disclosure

Top10MobileBanks is a free online resource meant to help users find the information they need in order to make a confident decision. We spend countless hours of research to find the most relevant content and present it in the most accessible way. However, please don’t view the information presented here as a recommendation from our end. Please note: All the information displayed in this site is completely subjective. Moreover, we have broad editorial discretion as to the content we publish on the site and due to various reasons, the information you see may be incomplete and/or inaccurate. Please don’t hesitate to double-check the information we provide. It’s okay, we won’t be offended – on the contrary, we would love to hear your feedback! We’re able to offer this completely free-of-charge online resource thanks to the referral fees we receive from our partners (some of the companies listed on this site). While this may affect the location of these companies and the content we feature on the site, it’s not possible to purchase a favorable review or a position on this site.
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.

Advertiser disclosure

Top10MobileBanks is a free online resource meant to help users find the information they need in order to make a confident decision. We spend countless hours of research to find the most relevant content and present it in the most accessible way. However, please don’t view the information presented here as a recommendation from our end. Please note: All the information displayed in this site is completely subjective. Moreover, we have broad editorial discretion as to the content we publish on the site and due to various reasons, the information you see may be incomplete and/or inaccurate. Please don’t hesitate to double-check the information we provide. It’s okay, we won’t be offended – on the contrary, we would love to hear your feedback! We’re able to offer this completely free-of-charge online resource thanks to the referral fees we receive from our partners (some of the companies listed on this site). While this may affect the location of these companies and the content we feature on the site, it’s not possible to purchase a favorable review or a position on this site.

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