Revolut review
Revolut is a digital banking app that converts at its own exchange rate and sends international transfers, along with a full suite of financial services.
Countries
150+
Currencies
36+
Speed
Instant to 3 days
Fees
£1,000/month, then 1% (Standard)
Our verdict on Revolut
Revolut offers an impressive multi-currency account that converts at Revolut's own rate — a genuinely competitive alternative to <a href="/companies/wise">Wise</a> for everyday currency needs. The free tier is generous enough for occasional senders, and Premium, Metal and Ultra remove the monthly allowance cap. The main caveats: Revolut adds a weekend fee on its Standard (1%) and Plus (0.5%) plans, and those plans have a monthly allowance with a fair usage fee above it. Revolut is best for people who want a full digital banking experience with multi-currency capabilities built in, rather than a standalone transfer service.
How we tested Revolut
We used a Revolut Standard (free) account to test currency exchanges across 4 pairs (GBP→EUR, GBP→USD, USD→INR, GBP→INR) on both weekdays and weekends between February and March 2026. We verified the weekend markup by comparing Saturday exchange rates against the Friday closing mid-market rate. We also tested the £1,000 free-tier monthly limit by tracking when the 0.5% fee kicked in. International SWIFT transfers were tested to verify delivery times and any intermediary fees. Our scraping system monitors Revolut's quoted rates every 6 hours for ongoing accuracy tracking.
Revolut is ideal for
- People who want a full digital banking app with built-in currency exchange
- Frequent travellers who spend in multiple currencies and want to avoid foreign transaction fees
- Freelancers and remote workers who receive payments in GBP, EUR, and USD
- UK and EU residents who regularly exchange between major currencies
- Users who send money to other Revolut users (instant, free transfers)
- Anyone frustrated with bank foreign transaction fees on their debit card
Revolut may not be the best choice for
- Dedicated international remittances to developing countries (Remitly, WorldRemit are better)
- Weekend transfers where the 0.5%–1% markup adds up
- Users who need cash pickup or mobile money delivery options
- Large one-off transfers ($10,000+) where OFX or Wise may offer better value
- People who prioritise human customer support over chatbot interactions
When to look past Revolut
- Wise: No weekend markup, more supported currencies, and similar multi-currency account — better for pure transfers
- Remitly: Better for remittances with cash pickup, mobile money, and express delivery to developing countries
- OFX: Better rates on large transfers with zero fees and forward contract capabilities
- XE Money Transfer: Wider currency coverage (130+ vs 36) for exotic corridors
- Western Union: Unmatched cash pickup network for recipients without bank accounts
Pros
- Interbank rates during market hours
- Free transfers between Revolut users
- Multi-currency account
- Virtual and physical cards
- Crypto and stock trading available
Cons
- Weekend exchange fee on lower plans
- Free tier has monthly limits
- Customer support can be slow
Revolut features
Revolut transfer details
Published by Revolut. Not measured by us; Revolut’s limits and methods vary by country.
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