Skip to main content
Revolut

Revolut review

4.7Est. 2015
By Awais Imran · Reviewed by Ahsan MukhtarData collected every 6 hoursOur methodology

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

Multi-currency account
Virtual cards
Crypto trading
Stock trading
Savings vaults

Revolut transfer details

HeadquartersLondon, UK
RegulatedYes
RegulatorsFCA, ECB, FinCEN
Min Transfer$1
Max TransferNo limit
Payment MethodsBank Transfer, Debit Card, Revolut Balance
Delivery MethodsBank Deposit, Revolut Account
Exchange Rate MarkupOwn rate; weekend fee

Published by Revolut. Not measured by us; Revolut’s limits and methods vary by country.

Compare Revolut

Revolut head-to-heads

Revolut vs OFX→Revolut vs TorFX→Revolut vs InstaReM→Revolut vs TapTap Send→

Ready to send with Revolut?

Price Revolut on your own route first.

Comparisons

  • Revolut vs OFX
  • Revolut vs TorFX
  • Revolut vs InstaReM
  • Revolut vs TapTap Send