Revolut

Designed in the UK🇬🇧

$2.99/mo ~~Freemium~~ Visit Website

Revolut is an app that provides digital banking services and multifunctional financial solutions. Its goal is to make it easier for users to manage their daily finances, currency exchange, international transfers, and investments through a user-friendly application.

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Price

Standard free | Plus $2.99/mo | Premium $9.99/mo | Metal $16.99/mo

Platforms Supported

Mobile App (Android, iOS)

Our Verdict

9Expert Score

Editorial Score

We ensure that our evaluations are fair and truthful.

Usability

9.2

Accuracy

9.5

Compatibility

Functionality

9.3

Free Features

7.8

Pros

Multi-Currency Support: Easily hold, exchange, and spend in over 30 currencies at competitive exchange rates.
Low-Cost International Transfers: Send money abroad quickly and with minimal fees, often cheaper than traditional banks.
User-Friendly App: Intuitive and well-designed app with real-time notifications and spending insights.
Global Debit Card: Use physical and virtual cards worldwide with good exchange rates and minimal fees.
Flexible Investment Options: Trade stocks, cryptocurrencies, and commodities with low entry barriers.
Built-in Budgeting Tools: Track spending, set budgets, and manage subscriptions with ease.
Travel-Friendly Features: Offers travel insurance, fee-free ATM withdrawals abroad (limits apply), and lounge access for premium users.
Security Features: Advanced security controls like freezing cards, disposable virtual cards, and two-factor authentication.

Cons

Limited Customer Support: Customer service can be slow or difficult to reach, especially for free-tier users.
Fee Tiers and Limits: Free accounts have monthly limits on currency exchange, ATM withdrawals, and some services.
Crypto and Stock Fees: While accessible, crypto and stock trading may include hidden markups or fees.
Not a Full Bank Everywhere: Revolut is not licensed as a full bank in all regions, which may limit deposit protections.
Premium Plans Can Be Pricey: Paid plans add valuable features, but may not be cost-effective for casual users.
No In-Person Services: As a fully digital platform, there's no physical branch or in-person support.

What is Revolut?

Revolut is an app that provides digital banking services and multifunctional financial solutions. Its goal is to make it easier for users to manage their daily finances, currency exchange, international transfers, and investments through a user-friendly application. By offering innovative digital banking services, Revolut breaks the limitations of traditional banks, attracting millions of users worldwide with lower fees, greater flexibility, and a wider range of features. It is especially popular in Europe but is also expanding into other global markets, including the United States, Australia, and parts of Asia. Below are its key features:

Multi-Currency Accounts
Hold and exchange multiple currencies (over 30) within the app at interbank exchange rates.
International Money Transfers
Send money abroad quickly and at low cost, often without hidden fees.
Debit Cards
Get a physical or virtual Mastercard or Visa card for global spending, online shopping, and ATM withdrawals.
Currency Exchange
Exchange currencies in real-time with competitive rates and minimal fees.
Cryptocurrency Trading
Buy, hold, and sell cryptocurrencies like Bitcoin, Ethereum, and others directly in the app.
Stock and Commodities Trading
Invest in fractional shares of global companies, ETFs, and even commodities like gold and silver.
Budgeting and Analytics
Track spending habits, set budgets, and receive insights on personal finances.
Vaults and Savings
Create personal or group savings vaults with features like round-ups or scheduled transfers.
Junior Accounts
Manage children’s finances with Revolut <18 accounts, complete with parental controls.
Travel Insurance and Perks
Get travel insurance, flight delay coverage, lounge access, and other premium benefits with paid plans.
Subscription Management
Track and cancel subscriptions easily within the app.
Bill Splitting and Group Payments
Split bills and request money from friends instantly.

Is Revolut worth registering and paying for?

Revolut is worth registering for, especially for users who need multi-currency accounts, international transfers, travel payments, or investment management. Its free version offers enough features to meet everyday spending and basic financial management needs, while premium subscriptions (such as Premium and Metal) are more suitable for those who frequently spend across borders, need travel insurance, or actively invest. Although the paid plans offer more advanced features and benefits, whether to upgrade depends on individual needs and usage frequency. Overall, Revolut stands out as a top choice in digital banking and financial management due to its convenience, versatility, and low fees.