Revolut

Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut offers a pre-paid debit card for personal and business use. 

Revolut specialises in international transfers and allowing customers to easily buy and sell crypto currencies. 

Revolut has a Specialised Bank licence from the European Central Bank and applied for a full UK banking license in January 2021. Their headquarters are in London. 

Revolut
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Bank accounts

Ranked 25th of 30 providers reviewed.

Customer happiness score 73.56%
Customer trust score 71.84%
Complaints performance 48.39%
Transparency rating 52.54%
Fairer Finance score
Reviewed Autumn 2023
62%

Bank accounts

Basic bank accounts

Revolut

Standard

4 stars
Cash withdrawal fee in UK (own bank) i £0 up to £200 per month, then 2%
Annual fee i £0.00
Part of FSCS i
Unpaid transaction fee i
Bankers draft/cheque fee i Not available
Faster Payment limit i
Maximum cash machine withdrawal per day i £3,000.00
Can you use your card to pay for items overseas? i

Revolut

Plus

2 stars
Cash withdrawal fee in UK (own bank) i £0 up to £200 per month, then 2%
Annual fee i £47.99
Part of FSCS i
Unpaid transaction fee i
Bankers draft/cheque fee i Not available
Faster Payment limit i
Maximum cash machine withdrawal per day i £3,000.00
Can you use your card to pay for items overseas? i

Foreign use bank accounts

Revolut

Ultra

3 stars
Foreign cash withdrawal fee i 0%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i £2,000.00

Revolut

Plus

3 stars
Foreign cash withdrawal fee i 0%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i £200.00

Revolut

Standard

3 stars
Foreign cash withdrawal fee i 0%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i £200.00

Revolut

Premium (monthly)

3 stars
Foreign cash withdrawal fee i 0%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i £400.00

Revolut

Metal (monthly)

3 stars
Foreign cash withdrawal fee i 0%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i £800.00

Premium bank accounts

Revolut

Premium (monthly)

1 stars
Add-ons, cashback and rewards i Revolut insurance worldwide family travel insurance with winter sports cover, Delayed baggage and flight insurance, Discounted airport lounge access.
Part of FSCS or international equivalent i

Revolut

Metal (monthly)

1 stars
Add-ons, cashback and rewards i Revolut worldwide family travel insurance with winter sports cover, 0.1% cashback in Europe and 1% outside Europe, Delayed baggage and flight insurance Discounted airport lounge access,
Part of FSCS or international equivalent i

Revolut

Ultra

1 stars
Add-ons, cashback and rewards i Subscriptions to Financial Times Digital Premium, ClassPass, WeWork and other Revolut partners. 5 full access accounts for Revolut <18. Unlimited access to 1400+ worldwide airport lounges, includes complimentary food and beverages . Includes travel insurance with a cover limit of £5000 on air travel, transport, and events. Earn up to 5% cashback on your first month if you join via the Revolut waiting list. Alternatively, 1% cashback on purchases.
Part of FSCS or international equivalent i

Children's Accounts

Children's Prepaid Cards

Revolut

<18s Card

Minimum Age i 7
Maximum Age i 17
Monthly Fee i
Saving Goals i
Set Chores i
Cash Transaction Fee i 0%
Cash Withdrawal Fee i £0.00
Loading Fee i
Card Delivery Fee i £4.99
Interest Rate (AER) First Tier i
Replacement Card Fee i £5.00
Maximum Balance First Tier of Interest Covers i
Interest Rate (AER) Second Tier i
Additional Fees i
Maximum Balance Second Tier of Interest Covers i
Interest Rate (AER) Third Tier i
Maximum Balance Third Tier of Interest Covers i
Maximum Cash Withdrawal i £120.00
How many children can have accounts? i 1
Rewards i
Additional information i The parent has to be a Revolut account holder.
Foreign Cash Withdrawal Fee i 2% ATM withdrawal fee after £40 month
Foreign Transaction Fee i Transaction fee after £250/month
Ability to freeze or report a card lost via app? i

Investing and pensions

Fund and Share Accounts (for high frequency trading)

Revolut

Metal

5 stars
Account closure fee £0.00
Charge for transferring investments to another platform i
Charge for automatic reinvestment £0.00
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Charge for telephone/postal share dealing
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year
App available i

Revolut

Ultra

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i
Charge for automatic reinvestment £0.00
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Charge for telephone/postal share dealing
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year
App available i

Revolut

Plus

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i
Charge for automatic reinvestment £0.00
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Charge for telephone/postal share dealing
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year
App available i

Revolut

Premium

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i
Charge for automatic reinvestment £0.00
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Charge for telephone/postal share dealing
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year
App available i

Revolut

Standard

3 stars
Account closure fee £0.00
Charge for transferring investments to another platform i
Charge for automatic reinvestment £0.00
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Charge for telephone/postal share dealing
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year
App available i

Fund and Share Accounts (for low frequency trading)

Revolut

Standard

3 stars
Account closure fee £0.00
Charge for transferring investments to another platform i
Charge for automatic reinvestment £0.00
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Charge for telephone/postal share dealing
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year
App available i

Revolut

Plus

2 stars
Account closure fee £0.00
Charge for transferring investments to another platform i
Charge for automatic reinvestment £0.00
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Charge for telephone/postal share dealing
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year
App available i

Revolut

Ultra

1 stars
Account closure fee £0.00
Charge for transferring investments to another platform i
Charge for automatic reinvestment £0.00
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Charge for telephone/postal share dealing
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year
App available i

Revolut

Premium

1 stars
Account closure fee £0.00
Charge for transferring investments to another platform i
Charge for automatic reinvestment £0.00
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Charge for telephone/postal share dealing
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year
App available i

Revolut

Metal

1 stars
Account closure fee £0.00
Charge for transferring investments to another platform i
Charge for automatic reinvestment £0.00
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £0.00
Charge for telephone/postal share dealing
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year
App available i

Pet insurance

Cat insurance

Revolut

Silver

4 stars
Medical excess i £69.00
Type of cover i Lifetime, annual
Medical cover limit i £5,000.00
Age when compulsory excess rises i 10 years
Annual policy limit i £5,000.00
Cancellation fee i £0.00
Annual condition limit i
Amendment fee i £0.00
Lifetime policy limit i Unlimited
Lifetime condition limit i
Dental cover (if due to an accident) i £500.00
Cruciate ligament damage i £5,000.00
CT scans i £5,000.00
MRI scans i £5,000.00
Prescribed food i 25% of the costs for 6 months
Complementary treatment i £750.00
Boarding fees limit i £0.00
Death benefit (illness) i £750.00
Euthanasia cover limit i £750.00
Cremation i £150.00
If renewed, are existing conditions covered? i
Holiday cancellation i £1,000.00
Holiday cover i £1,000.00
Quarantine costs cover i £0.00
Loss of PETS passport or other travel documents i £0.00
Emergency expenses abroad i £0.00
Maximum number of days abroad i 90 days

Revolut

Gold

4 stars
Medical excess i £69.00
Type of cover i Lifetime, annual
Medical cover limit i £10,000.00
Age when compulsory excess rises i 10 years
Annual policy limit i £10,000.00
Cancellation fee i £0.00
Annual condition limit i
Amendment fee i £0.00
Lifetime policy limit i Unlimited
Lifetime condition limit i
Dental cover (if due to an accident) i £1,000.00
Cruciate ligament damage i £10,000.00
CT scans i £10,000.00
MRI scans i £10,000.00
Prescribed food i 25% of the costs for 6 months
Complementary treatment i £1,000.00
Boarding fees limit i £0.00
Death benefit (illness) i £1,200.00
Euthanasia cover limit i £1,200.00
Cremation i £250.00
If renewed, are existing conditions covered? i
Holiday cancellation i £2,500.00
Holiday cover i £2,000.00
Quarantine costs cover i £0.00
Loss of PETS passport or other travel documents i £0.00
Emergency expenses abroad i £0.00
Maximum number of days abroad i 90 days

Revolut

Bronze

3 stars
Medical excess i £69.00
Type of cover i Lifetime, annual
Medical cover limit i £2,000.00
Age when compulsory excess rises i 10 years
Annual policy limit i £2,000.00
Cancellation fee i £0.00
Annual condition limit i
Amendment fee i £0.00
Lifetime policy limit i Unlimited
Lifetime condition limit i
Dental cover (if due to an accident) i £500.00
Cruciate ligament damage i £2,000.00
CT scans i £2,000.00
MRI scans i £2,000.00
Prescribed food i 25% of the costs for 6 months
Complementary treatment i £500.00
Boarding fees limit i £0.00
Death benefit (illness) i £350.00
Euthanasia cover limit i £350.00
Cremation i £100.00
If renewed, are existing conditions covered? i
Holiday cancellation i £0.00
Holiday cover i £0.00
Quarantine costs cover i £0.00
Loss of PETS passport or other travel documents i £0.00
Emergency expenses abroad i £0.00
Maximum number of days abroad i 90 days

Dog insurance

Revolut

Silver

4 stars
Type of cover i Lifetime, annual
Medical cover limit i £5,000.00
Medical excess i £69.00
Annual policy limit i £5,000.00
Annual condition limit i
Lifetime policy limit i Unlimited
Lifetime condition limit i
Dental cover (if due to an accident) i £500.00
Cruciate ligament damage i £5,000.00
CT scans i £5,000.00
MRI scans i £5,000.00
Prescribed food i 25% of the costs for 6 months
Complementary treatment i £750.00
Euthanasia cover limit i £750.00
Cremation i £150.00
If renewed, are existing conditions covered? i
Age when compulsory excess rises i 8 years
Amendment fee i £0.00
Holiday cancellation i £1,000.00
Holiday cover i £1,000.00

Revolut

Gold

4 stars
Type of cover i Lifetime, annual
Medical cover limit i £10,000.00
Medical excess i £69.00
Annual policy limit i £10,000.00
Annual condition limit i
Lifetime policy limit i Unlimited
Lifetime condition limit i
Dental cover (if due to an accident) i £1,000.00
Cruciate ligament damage i £10,000.00
CT scans i £10,000.00
MRI scans i £10,000.00
Prescribed food i 25% of the costs for 6 months
Complementary treatment i £1,000.00
Euthanasia cover limit i £1,200.00
Cremation i £250.00
If renewed, are existing conditions covered? i
Age when compulsory excess rises i 8 years
Amendment fee i £0.00
Holiday cancellation i £2,500.00
Holiday cover i £2,000.00

Revolut

Bronze

2 stars
Type of cover i Lifetime, annual
Medical cover limit i £2,000.00
Medical excess i £69.00
Annual policy limit i £2,000.00
Annual condition limit i
Lifetime policy limit i Unlimited
Lifetime condition limit i
Dental cover (if due to an accident) i £500.00
Cruciate ligament damage i £2,000.00
CT scans i £2,000.00
MRI scans i £2,000.00
Prescribed food i 25% of the costs for 6 months
Complementary treatment i £500.00
Euthanasia cover limit i £350.00
Cremation i £100.00
If renewed, are existing conditions covered? i
Age when compulsory excess rises i 8 years
Amendment fee i £0.00
Holiday cancellation i £0.00
Holiday cover i £0.00