Revolut Review For 2025

Revolut was launched in the United Kingdom in 2015 and has since grown to a global financial enterprise providing services to customers in 38 countries. More than 35 million consumers and 500,000 business customers use Revolut’s financial products, including its money management and investing platform, prepaid cards, and savings accounts.

Revolut is a digital company with no local branches to visit, but 24/7 customer support is available via in-app chat. Unfortunately, only Ultra Premium members can speak with a customer representative on the phone, and only UK customers can obtain Ultra Premium accounts. U.S. Customers have no telephone support options.

Revolut also doesn’t personally hold your funds; instead, money put into your savings account is held at Sutton Bank and is covered by FDIC insurance up to $250,000.

Revolut offers a savings account, prepaid cards, and investing services. Different plan tiers, from Standard to Metal, have their own features and perks—and monthly fees.

Each plan offered by Revolut includes aspects of both checking and savings accounts. However, it’s important to note that Revolut is not a traditional bank and does not offer separate checking and savings accounts. Here’s what you need to know about Revolut’s account options.

Revolut Checking and Revolut Savings

Revolut does not offer separate checking and savings accounts. Instead, it offers a savings account with a prepaid card for daily financial management. There are three account tiers, two of which come with fees. Here are the accounts available.

Standard 

Here are the features of Revolut’s standard account:

• $0 monthly account fee
• Earn up to 2.75% APY
• Fee-free withdrawals at more than 55,000 ATMs
• Complimentary prepaid card plus unlimited virtual cards
• No-fee currency exchange up to $1,000 per month
• Spend internationally at market-leading exchange rates
• Access to up to 5 accounts for kids under 18

Premium

The premium account offers all of the benefits of Revolut’s standard account, plus some additional perks. Here the the key features of Revolut’s premium account:

• $9.99 monthly fee
• Earn up to 3.50% APY
• Discounts of up to 20% on international transfers
• Express delivery of your complimentary prepaid card
• No-fee currency change up to $10,000 per month

Metal

Metal offers everything the standard and premium accounts do, along with these additional features:

• $16.99 monthly fee
• Earn up to 3.50% APY
• Unlimited fee-free currency exchanges
• 40% discount on international transfers
• Theft, accident, and return protection coverage for up to 90 days on purchases
• Up to $1,000 of event ticket protection annually
• Trip delay, cancellation and interruption protection coverage
• Lost and delayed baggage insurance
• Primary accidental medical insurance

Revolut doesn’t offer certificates of deposit (CDs), money market accounts, credit cards or loans, but it does provide investing services. You can purchase cryptocurrencies, commodities and stocks with Revolut. More than 210 crypto tokens can be traded. You can also purchase commodities, including gold, silver, platinum and palladium, or trade more than 2,000 stocks commission-free.

Revolut is a mobile-first platform. You’ll need the app to sign up, manage your funds, send and receive payments and use other Revolut features. Revolut currently has 4.7 out of 5 stars on the iOS store and 4.5 stars on the Google Play store. The app allows you to make payments in more than 25 currencies, send funds instantly with a click, and connect with customer support.

Revolut Bank vs. Wise

Like Revolut, Wise is a multi-currency account that allows you to hold and convert dozens of currencies and move money across the globe. Revolut currently supports fewer currencies than Wise, although more currencies are coming.

Revolut Bank vs. Chime

Like Revolut, Chime offers mobile-first banking and a card that works for payments worldwide. However, Chime accounts can only be opened by U.S. customers with a valid Social Security number, while Revolut offers services to customers across the globe.

Chime is mostly fee-free, except for withdrawals made from out-of-network ATMs. Revolut, on the other hand, charges users for many advanced services, including withdrawals above monthly limits.

Chime also offers faster access to your paychecks, up to two days early, and has a much better Better Business Bureau Rating and more positive online customer reviews than Revolut.

Revolut Bank vs. Schwab

Schwab Bank Investor checking offers investing and banking services, just as Revolut does—although you must be a Schwab investment customer to gain access to the checking account.

Schwab offers its Investor Checking customers unlimited ATM fee rebates worldwide and no foreign transaction fees. Like Revolut, it has a full-featured mobile app to manage many banking services.

Schwab does not have the focus on international customers and travel perks Revolut does. But it provides more traditional banking services—including access to loans and other financial products—and has local branches you can visit for customer support.

Forbes Advisor scores banks and credit unions on a number of factors, including the following:

• Fees
• Interest rates
• ATM network
• Product mix
• Customer service
• Digital experience

We give separate ratings to the individual products offered by each financial institution, such as checking accounts, savings accounts, money market accounts and CDs. We assign banks a rating from one and five stars, with one star being the lowest rating and five stars being the highest.

To learn about our rating system and review methodology, check out our guide on how Forbes Advisor reviews banks.