Revolut Review 2025: The Ultimate Guide

Revolut was first conceived of in 2015, and as of 2023, it has evolved into a financial super application with over 15 million global users.

Revolut Review: Pros and Cons

Notably, Revolut offers some of the coolest modern-day financial solutions, blending traditional finance with the less explored aspects of Fintech. Before I start unpacking the platform bit by bit, let us take a closer look at the pros and cons:

Pros

• Incurs zero service fees (monthly) for the Standard Plan
• Supports cryptocurrency trading
• Offers real-time currency exchange rates as a forex broker
• Brings forth a wide range of debit/ credit-like card options
• Covers a wide range of currency choices, making life easier for international travelers
• Boasts an expansive network of Revolut-supported ATMs

Cons

• Limited aspects of customer support
• Only the mobile app lets you in on all the features
• Slightly overwhelming for new users, courtesy of the massive feature set
• Has a waitlist in several countries, including India
• Wide disparity in customer reviews.

To date, Revolut’s commitment to offering exceptional forex exchange rates has already saved over $1 billion in hidden costs.

Background and History

Revolut’s entire concept hinges on revamping the sluggishness and the high-fee structure associated with traditional finance. Based on this vision, Revolut came into existence in 2015, led by Vlad Yatsenko and Nikolay Storonsky.

It was in 2020 that the firm expanded its operations to the U.S. shores. Currently, it isn’t just a forex broker, but a comprehensive financial solution that even offers budget tools — helping users make intelligent money-based decisions.

Since its inception, Revolut has already processed 350+ million transactions across different verticals.

Revolut Offerings: Much More Than a Forex Broker

Revolut’s interface mentions the platform as an “all things money” offering. Let’s take a look at the list of offerings to see how well that statement holds:

Wealth-Based Offerings

From crypto and stocks to commodities and personalized fund-saving options via vaults, Revolut is a one-stop shop for all your wealth-creation needs.

Crypto

Let us start with Revolut’s cryptocurrency offerings. You get a seamless trading and storage experience concerning 100+ tokens. And yes, over 30 fiat currencies are supported, allowing you to handle crypto without worrying about borders.

Other notable crypto-specific features include:

• Crypto payments via ad-hoc cards
• Free token-earning flexibility by answering quizzes and completing courses
• The ability to withdraw crypto to other digital wallets
• Regular token additions
• Ability to withdraw Bitcoin (BTC) to an external wallet

Stocks

Revolut lets you experience stock trading for as low as $1. From its interactive interface to its availability of 1500+ shares, Revolut aims to amplify trading for you. Here are some of the asset-specific traits exhibited by Revolut:

• Availability of stock-based learning courses
• Real-time updates regarding price changes

Commodities

If you want to focus on valuable commodities like silver, gold, and other metals as part of your wealth-creation strategy, Revolut has you covered. With the one-stop Revolut application, you can keep tabs on the market, set price-related notifications, procure trading cashback, and do more with your funds.

Revolut Vaults

Saving and investing money are the pillars of wealth creation. At Revolut, you can build these pillars with standard and savings vaults. From the ability to store pocket change in the account to customizing vaults according to short- and long-term goals, Revolut covers everything.

Apart from standard vaults, Revolut, as a stock and forex broker, lets you store funds in the more aggressive Savings Vaults. Savings Vaults let you earn APYs up to 4.25%, depending on which fee tier you are on.

Banking and Payments

You have created wealth but need clarification on storing it. Well, Revolut has you covered with its end-to-end banking and payment solutions.

Revolut offers an all-inclusive banking experience with the following features in sight:

• Ability to link multiple bank accounts
• Access to spending analytics
• Seamless money adding and transferring approach
• Ability to draw early salary without any fees
• An on-demand pay module for receiving a fractional salary at will

Revolut has a separate wing dedicated solely to cross-border payments. You can send funds to friends, split and request bill payments, settle expenses with a single click, and even get a personalized “Revtag” or a Revolut ID to receive funds quickly.

Revolut as a Forex Broker

Revolut takes innovation to a new level as a forex broker by tying forex-based ingenuity to banking and payments. With a Revolut account, you can get the best forex exchange rates in almost 30 countries on international currencies.

Budgeting and Other Tools

If you are concerned about overspending, the Revolut app is a must.

Revolut’s budgeting tool helps you create a budget and offers weekly insights on your spending habits to help you stick to it. Some of the more curated budgeting tools include:

• Access to smart analytics
• Unified interface for subscriptions and payments
• A “Pocket” interface for organizing bills
• Parent-created accounts and contactless cards for kids

Rewards

As a Fintech solution, Revolut incentivizes your spending habits. For instance, Revolut claims you can get 30% cashback on dining – and that’s just the tip of the iceberg.

At the Rewards corner, you get to explore tons of other features, including:

• Access to online deals
• Cashback credit to the primary account
• Brand-based offers
• Options related to sending donations and gifts

Revolut Cards

The entire foundation of Revolut, a digital banking platform, is based on cards. Revolut cards are standard debit cards with features like one-tap payment, international payments, e-commerce indulgences, ATM access, and more.

Different plans attract different monthly rates, and the cards are issued accordingly. For instance, there is a standard card with zero fees and restricted features. If you want to spend more, you can opt for the Plus, Premium, and Metal cards or the platinum-plated Ultra cards.

Based on your plan, you can even enjoy Revolut-branded insurance plans like Medical Insurance, Trip Delay insurance, Baggage Protection insurance, and more.

At the time of writing, Revolut cards are accepted across 3+ million global locations.

Revolut for Businesses

Revolut offers separate features and offerings for businesses, including business cards, seamless cross-border fund transfers, spend management tools, robust payment gateways, analytics, invoice creation tools, and more.

Revolut’s offerings ensure you get every financial feature under one roof, from banking to multi-asset trading.

Revolut and the Associated Fee Structure

Like any other one-stop Fintech solution, even Revolut has a tiered transparent fee structure and includes several features. Instead of having variable charges for crypto and stock trading or fund withdrawals, Revolut has five tiers, each with a specific fee structure for the associated services.

Standard Plan

The standard plan attracts zero maintenance fees. You simply need to open an account and start reaping the benefits, including international payments, rewards on spending, a dedicated card on additional payment, standard business tools, and almost every offering that Revolut, the stock and forex broker, promises.

With the standard plan, you get 2.29% interest on your Savings Vault and must pay a 1.49% markup fee for crypto trades — maker or taker.

Plus Plan

With the Plus Plan, priced at 2.99 pounds per month, you get a personalized card, an ATM withdrawal limit of 200 pounds per month, and other benefits. The interest rate goes up to 2.39%.

Premium Plan

This plan is priced at 6.99 pounds/month and offers card-based cashback, a higher savings vault interest rate of up to 3%, and several other perks.

Metal Plan

By paying 12.99 pounds per month, you can get a 40% discount on international fund transfers. Then, there is no currency exchange limit, and the savings interest goes up to 4%, among other things.

Ultra Plan

Finally, there is the Ultra plan for 45 pounds a month. It boasts free international transfers, five parent accounts, access to every insurance plan, and a crypto exchange fee of 0.49%.

Other charges, like card replacement, joint account service fees, and more, also exist. However, you are better off confirming these details with Revolut’s customer support team before proceeding.

If you are a Revolut Pro customer (business), you need to pay a 2.5% fee for online payments, a 1.5% fee for offline payments using the “Card reader,” and 1.7% for offline payments via the “Tap to Pay” setup.

Here is a list that outlines every plan, along with every benefit associated with each:

All Revolut Limits Explored: Deposits, Withdrawals, and More

The deposit and withdrawal limits on Revolut are akin to the platform-specific usage limits. While any kind of deposit is free and without limits — fiat or crypto — there is a cap on withdrawals.

Due to geographical constraints, you can even deposit cash with Revolut retailers if the app doesn’t allow fund transfers. In that case, you can make up to three daily deposits totaling $1500.

Regardless of your plan, you can exchange 1000 pounds’ worth of crypto, commodities, and currency each month. However, the exchange cap doesn’t stop you from moving funds. Once the limit is exceeded, you can continue to move funds by paying anything between 0.5% to 1% of the total transaction value.

Card-based ATM withdrawals also exist, with the limit ranging between 200 pounds to 2000 pounds per month.

Lot Size or Trade Limits: Are There Any?

At Revolut, the minimum trading limit is $1. However, the max lot size is 500 shares of any asset, which might add up to a cost-specific limit of $10,000. Do note that this isn’t the daily trade limit. Instead, you can buy 500 shares or $10,000 worth of shares in one go. Once done, you can immediately place another order up to the same lot size.

Withdrawal and Deposit Methods

Funding your Revolut account is possible via the following methods:

1. Bank transfers
2. Debit and credit cards (credit card payments can be chargeable)
3. Google Pay
4. Apple Pay
5. P2P fund transfers
6. Direct deposits and early salary-based funding

You can use Revolut’s cards or banking setup for withdrawals or transfer funds directly to your linked bank accounts.

You can quickly hop onto Revolut with a trial plan to check out the deposit and withdrawal limits and other features hands-on.

User Experience: How Complicated Is It To Use Revolut?

Revolut’s operation is based on user-friendliness.

To set up an account, you need to download the application, enter your personal credentials, sort out the KYC and ID-based verification, choose the desired plan, and get started. To install the app, you can find it in the App Store or Google Play Store – or you can simply scan the code below.

Here is a quick review of how Revolut works on every supported OS.

Revolut Web

There are usually three elements associated with each OS — the UX, the functionality, and the security. For Revolut Web, the layout is clean and intuitive, something that I discussed at length throughout the review. The web platform leads the way when it comes to reading account overviews on a wider screen.

And you can still experience security traits like two-factor authentication for added account protection.

Revolut Android app

Revolut’s Android app is sleek and has one of the smoothest animations for a mobile application. While most features are similar to what the web version offers, Revolut for Android brings a more interactive interface into the mix, making it easier to sign up using Visa, transfer funds across the globe, locate ATMs, and do more with the app itself.

Security-wise, Revolut for Android lets you use the phone’s biometric functionality to set up two-factor authentication.

Revolut for iOS

Revolut’s iOS app mimics the Android version but lets you integrate Touch ID and Face ID as additional security measures. Other iOS-specific highlights include seamless global transfers, quick payments, and the quickest possible fund access.

To get a plan-specific card, you must order it via the app. If on a standard plan, you need to pay for the delivery.

Revolut’s Customer Support

As a banking platform loaded with forex broking and trading features, Revolut brings a transparent and prompt customer support system into the mix. Here are the highlights:

1. Round-the-clock live chat support
2. Automated telephonic support
3. Detailed FAQ section with most queries addressed
4. Email support for getting answers to some of the more detailed concerns

Due to customer complaints, the Better Business Bureau (BBB) has an “F” rating for Revolut. However, its app store rating of 4.8 stars does make up for this blip.

Revolut receiving mixed reviews online has a lot to do with diverse user experiences. Despite the “F” Rating, BBB, in 2023, has mentioned that Revolut’s response to the customer issue is satisfactory. Also, it is worth noting that BBB’s rating is currently based on a single user complaint.

Revolut is reviewed differently across platforms: Which review to trust?

Confused about Revolut’s online reviews, which vary between 1 star and 4 star across platforms? The best way to resolve this is to head over to the mobile app store and check actual customer reviews.

Per the app store, a majority of issues are related to abrupt app limits, sudden downtime, and funds being locked. However, every concern gets a prompt response and is resolved over time.

Is Revolut Revolutionizing Finance?

Revolut is everything you want it to be. It becomes the Revolut banking service for users looking to park their funds and rises as the Revolut forex broker in case you want to spend internationally with the best real-time exchange rates. And if you are a trader, Revolut has stocks, cryptocurrencies, and commodities — ensuring that you get a complete financial experience like no other.

Revolut’s presence as a forex broker is further validated by the fact that the accounts support multiple currencies, allowing users to transact and spend in over 150 nations.

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