Wise vs Revolut: Fees, Rates & Speed Compared
Wise
4.3Wise (formerly TransferWise) offers transparent, low-cost international money transfers using the real mid-market exchange rate with no hidden markups.
Revolut
4.7Revolut is a digital banking app offering international money transfers at interbank rates during market hours, along with a full suite of financial services.
Both are digital-first and both price close to the mid-market rate on weekdays, which makes this one of the tighter cost comparisons on the site. Wise charges a variable fee from 0.41% with a flat 0% markup, every day. Revolut matches that 0% markup on weekdays but adds a 0.5-1% markup on weekends, when the underlying FX market is closed — and gives a free £1,000 monthly allowance before its 0.5% fee applies. The day of the week is a real lever here in a way it is on almost no other comparison on this site.
In this comparison
Live comparison: Wise vs Revolut across popular corridors
The table below shows how much the recipient receives when sending through Wise vs Revolut on 6 popular corridors. Data is refreshed every 6 hours from provider APIs and websites.
| Corridor | Wise | Revolut | Winner |
|---|---|---|---|
| USD → INR($1,000) | ₹95,385.94 | ₹95,851.81 | Revolut (+₹465.87) |
| GBP → EUR(£1,000) | €1,163.06 | €1,141.55 | Wise (+€21.51) |
| USD → PHP($500) | ₱30,852.22 | ₱31,180.26 | Revolut (+₱328.04) |
| USD → MXN($1,000) | MX$17,121.92 | MX$17,125.14 | Revolut (+MX$3.22) |
| GBP → PKR(£500) | ₨183,245.31 | ₨184,357.24 | Revolut (+₨1111.93) |
| USD → NGN($200) | ₦271,346.97 | — | N/A |
Amounts shown are what the recipient receives. Based on current scraped data, updated every 6 hours.
Key differences between Wise and Revolut
Wise vs Revolut: Feature comparison
| Feature | Wise | Revolut |
|---|---|---|
| Overall rating | 4.3/5 (Excellent) | 4.7/5 (Excellent) |
| Fee structure | Variable fee from 0.41% | Free up to £1,000/month, then 0.5% |
| Exchange rate markup | 0% (mid-market rate) | 0% weekdays, 0.5-1% weekends |
| Transfer speed | Instant to 2 days | Instant to 3 days |
| Supported countries | 80+ | 150+ |
| Supported currencies | 50+ | 36+ |
| Max transfer | $1,000,000 | No limit |
| Payment methods | Bank Transfer, Debit Card, Credit Card, Apple Pay | Bank Transfer, Debit Card, Revolut Balance |
| Delivery methods | Bank Deposit, Wise Account | Bank Deposit, Revolut Account |
| Regulators | FCA, FinCEN, ASIC | FCA, ECB, FinCEN |
| Founded | 2011 | 2015 |
What our measurements show for this pair
Wise led on 48 of 128 of the corridors we price against 0 of 41 for Revolut. Revolut's average shortfall when it isn't cheapest is 2.78%, against 2.76% for Wise — a tight gap consistent with both pricing close to the mid-market rate on weekdays.
A worked example: $1,000 to India
On $1,000 USD→INR the gap is ₹466, with Revolut delivering more — 0.72% all-in for Wise against 0.23% for Revolut. This is a snapshot: Revolut's weekend markup means the same transfer sent on a Saturday costs more than shown here, a timing effect Wise doesn't have.
When to choose Wise vs Revolut
Pick Wise for consistent pricing any day of the week
Wise's 0% markup applies every day, which matters if you can't control when you send. It supports transfers to $1,000,000, holds balances in 50 currencies, and is regulated by the FCA, FinCEN and ASIC.
Pick Revolut for weekday transfers within the free allowance
Revolut is the better instrument on a weekday, within the £1,000 monthly free allowance — genuinely free, at the interbank rate. Revolut-to-Revolut transfers are instant and cost nothing. The constraint is the weekend markup and the requirement that the recipient hold a Revolut account for the fastest, free route.
What this comparison does not settle
Estimates from collected pricing against a mid-market reference, not guaranteed quotes. Revolut's free allowance and weekend markup depend on your plan tier. Quotes are collected at a point in time — if timing matters to you, that's a real variable this page can't fully capture in a single snapshot.
Verdict: Wise or Revolut?
Cost winner: Revolut
Wise led 48 of 128 of the corridors we price against 0 of 41 for Revolut, with average shortfalls of 2.76% and 2.78% — one of the tighter cost gaps on the site, since both price close to the mid-market rate on weekdays.
Speed: Similar delivery times
Revolut-to-Revolut transfers land instantly; Wise's instant-to-two-day window applies to any bank deposit regardless of whether the recipient holds a Wise account. Neither has a consistent speed edge once the recipient's account type is matched.
Wider coverage: Revolut
Wise's $1,000,000 ceiling and 50 currencies suit a larger transfer; Revolut's free monthly allowance and no published upper limit suit smaller, more frequent sending between two Revolut users.
Bottom line
Timing is the real variable on this page. A weekday Revolut transfer within the free allowance is hard to beat; the same transfer on a weekend, or above the allowance, moves the advantage toward Wise's flat 0% markup.
Frequently asked questions
Does Revolut's weekend markup apply to every transfer?
It applies whenever the underlying FX market is closed, typically Saturday and Sunday. If your transfer isn't urgent, waiting until Monday for the interbank weekday rate is the cheapest lever available on this comparison.
What happens after I use Revolut's free monthly allowance?
Transfers above £1,000 a month are charged at 0.5%, which is still competitive against Wise's fee-from-0.41% model — check both for your specific amount rather than assuming one is always cheaper.
Is Wise ever cheaper than Revolut on a weekday?
It can be — both price close to the mid-market rate on weekdays, so the actual leader varies by corridor and amount. This is one of the closer comparisons on the site precisely because neither has a structural pricing advantage during the week.
Do I need a Revolut account to receive money for free?
Yes — Revolut-to-Revolut transfers are the free, instant route. Sending to an external bank account still uses Revolut's weekday interbank rate or weekend markup, but loses the instant, zero-cost advantage of staying inside the app.