3rd
App-Based Bank
(112,755 reviews)
Review Score
8.74
Revolut Standard Account
See which providers perform best in our App-Based Bank comparisonTransfer money abroad in 30+ currencies with the interbank exchange rate, with a 0.5% fee for anything over £1,000 each month.
Verified
Perfect For Trips Abroad
Much better than using my credit/debit cards when overseas - decent exchange rates and no rip-off transaction fees!
Good to know that there are no hidden fees when travelling abroad. Thanks for leaving a review of Revolut Ian.
Verified
Great For Tracking Spending
Revolut is great for personal day-to-day use with helpful tracking features to see what you’re spending where. Fantastic for travel money; easy to transfer money from my main debit account and exchange is a couple of taps. Competitive exchange rates are a bonus. The only downside is the charge for using at the weekend while abroad. Not the end of the world, but can be off-putting if you don’t have alternative payment methods.
Thanks for leaving a review Ben. Glad to hear you're benefitting from the great features of Revolut.
Verified
Great
Great.
Thanks for leaving a review, Jake.
About
Revolut was founded in 2015 as a digital app-based bank alternative to traditional high street banks. With over 10 million customers, Revolut prides itself in being able to offer various customer focus benefits such as an in-built budgeting system. This system allows its customers to see where their money is being spent each month and even allows users to add spending limits on various categories.
Benefits of Revolut App-Based Bank
- Easy to open an account in minutes
- Built-in budgeting allowing customers to set limits for things like restaurants and bills
- Round up every card payment to the nearest pound to put into your savings vault
- £200 free monthly ATM withdrawal limit
- Fee-free spending abroad
- Insurance options provided by Revolut Travel Ltd
- Send money abroad easily to 30 countries
- Set up recurring payments
- Freeze and unfreeze your cards
- Standard account free of charge
- Brand discounts with Perks Plus
- Revolut offers both personal and business accounts
Frequently Asked Questions
-
How do I open an account?
To open an account you need to download the Revolut app via your smartphone. You then need to fill in the necessary details and have some ID to hand to take an image of and upload. The whole process is very quick, clear and easy to navigate.
-
How can I contact Revolut directly?
It’s very easy to contact the team at Revolut. Simply call them or use the in-app chat available 24hrs a day (Premium and Metal plan users have a priority service).
-
Is my money covered?
Revolut is authorised by the Financial Conduct Authority (FCA). However, they're not part of the Financial Services Compensation Scheme (FSCS). If there was an insolvency issue, customers would be able to claim their funds from a segregated account.