- Experts highlight Revolut Business Banking as a robust digital platform tailored for businesses, particularly those engaged in international operations. It offers multi-currency accounts, automated expense management, and integration with accounting software, making it a compelling choice for startups and SMEs. However, it lacks FSCS protection and has monthly subscription fees, which may deter some businesses.
- Across 539 user reviews on Good Money Guide, averaging 4.6/5, customers frequently commend the app's user-friendliness, competitive exchange rates, and innovative features that simplify financial management. Many users appreciate the instant notifications for transactions and the ability to manage multiple currencies seamlessly. However, some express concerns regarding customer service experiences and account access issues.
Revolut Business Banking Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Revolut Business Banking across five key areas of our review framework.
- Pricing4.5
- Business Banking5.0
- FX & International Payments5.0
- Customer Service4.5
- Added Value5.0
Pros
- Multi-currency global accounts
- Strong expense management tools
- Fast international payments
Cons
- Not FSCS protected
- Monthly subscription fees
- Limited traditional banking features
See full expert review
Our verdict
Revolut Business is one of the most powerful digital banking platforms for companies that operate internationally or want modern financial tools. The combination of multi-currency accounts, automated expense management, and accounting integrations makes it particularly attractive for startups and fast-growing businesses.
What is the Revolut Business Bank account?
Revoluts Business account is a digital banking platform designed for startups, SMEs, and larger companies that need fast, flexible financial tools. Rather than functioning like a traditional high street business bank account, Revolut focuses on global payments, multi-currency accounts, and automated expense management through its app. Businesses can send money internationally, manage spending with corporate cards, integrate accounting software, and accept payments online or in person.
How much does Revolut business banking cost?
Revolut Business accounts are subscription-based, with pricing depending on how many features and transaction allowances your company needs.
The Basic plan starts from £10 per month, while the Grow plan costs from £30 per month and includes higher limits and additional expense management tools.
The Scale plan starts at £90 per month, offering larger foreign exchange allowances and expanded global payment capabilities. Large organisations can also create a bespoke Enterprise plan with tailored pricing.
Each plan includes a set allowance of free transfers and foreign exchange at the interbank rate during market hours, after which fees apply. For businesses that regularly send international payments or manage multiple currencies, these allowances can make the account significantly cheaper than traditional banks.
Is Revolut good for business banking?
One of the main attractions of Revolut Business is its multi-currency capability, allowing companies to hold and exchange more than 25 currencies and send transfers to over 150 countries. Businesses also receive IBAN and SWIFT details to receive payments globally. Revolut integrates with accounting tools such as Xero, Sage, and QuickBooks, helping automate reconciliation and expense tracking.
The account also includes team spending controls, allowing businesses to issue physical and virtual cards to employees while setting approval limits and monitoring expenses in real time. Companies can also accept payments online, via payment links, or in person using Revolut’s payment tools.
Is Revolut Business safe?
Revolut Business is regulated by the Financial Conduct Authority as an electronic money institution in the UK, rather than a fully licensed bank. This means customer funds are safeguarded with partner banks or held in secure liquid assets, rather than protected under the Financial Services Compensation Scheme. While this safeguarding structure protects funds if Revolut were to fail, it does not provide the same guarantee as FSCS protection.
However, because it is not yet a fully licensed UK bank, some companies may still prefer a traditional business account for holding large balances. For businesses focused on global payments and efficiency, though, Revolut Business remains one of the most innovative options available.
Customer reviews for Revolut
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 539 reviews
- Excellent73%
- Very good16%
- Basic6%
- Poor2%
- Bad3%
Read customer reviews
Excellent
Availability of information about my accounts is instant. eg interest added on a daily basis, exchange rates (very relevant for $, Euro and Paraguayan Guaranie) and ease of foreign transfers.
Easy
Easy to use and is great with currency exchange
Honest
They make everything clear and easy to understand, they also allow you to see exactly what is happening with your money.
Flexible
Flexibility, decent currency conversion rates, which both in country and when travelling.
helpful
Gives access to lots of providers on one platform
Innovative
Innovative features that are inline with modern everyday living and spending. Technology advancements that other mainstream banks either can't do or take a long time to achieve.
Rewarding
It gives you points every time you make a purchase and those points can be used at a number of different companies.
It is great for currency conversion and to use when travelling.
Rather efficient
Prices, most of the times good customer service, good debitcard service, ok exchange rates...
Quick
Great app and comms
Transparent
Revolut provides a one-stop-shop for current/savings/trading/exchange etc in an easy to use app. The chat bot is also very good compared to others I have tried.
innovative
they are an exciting brand as they disrupt. i like their mobile app as easy to use.
Excellent
I was initially very cautious with Revolut but since they became an official bank I signed up and never looked back. Excellent app for daily banking and as we live in the EU but paid a UK pension, it is ideal for money conversion. Any complaints I have made against wrong payments have been resolved immediately. The AI chatbot is an excellent tool.
avanced
Good and innovative technology on their app
Trustable
Excellent banking experience with Revolut. The service is reliable, secure, and very convenient. I really appreciate the professional customer service, smooth transactions, and user-friendly banking system. A trustworthy and comfortable banking experience that I highly recommend.
App champion
Revolut makes managing day-to-day finances and foreign currency completely effortless. As someone using it regularly in the UK and abroad, the exchange rates and real-time spending notifications are unmatched. I primarily use it for hassle-free travel spending, splitting bills with friends, and setting up single-use virtual cards for secure online shopping.
Revolut is my go-to account whenever I travel outside the UK. The exchange rates save me money on every trip, and the disposable virtual cards give me total peace of mind when spending online. The app interface is vastly superior to traditional high-street banks, making international spending and transfer tracking seamless.
The app experience is fast, intuitive, and loaded with useful features. I use Revolut as my main hub for discretionary spending and short-term savings. Tools like Vaults for round-up spare change, organised Pockets for subscriptions, and instant transfer alerts give me full visibility over my monthly budget.
Fraud- Services did not provided but paid for
Very disappointing experience — misleading advertising and poor service
I paid for accommodation that was advertised as including specific services and facilities, including breakfast, but what was actually provided did not match what was advertised. Several of the promised services were simply not fulfilled.
I consider this extremely misleading. Customers pay based on the description and promises made at the time of booking, and those promises should be honoured.
I also contacted Revolut regarding the issue, but the customer service and handling of the case were very disappointing. I paid for a service that I did not receive as advertised, yet I did not feel that Revolut properly protected me as a customer or adequately addressed the problem.
Overall, this experience has seriously damaged my trust in both the merchant and the way Revolut handled the dispute. I would strongly recommend checking every detail before paying, because what is advertised may not necessarily be what you actually receive.
Reliability
Instant transfers
Clear
Clarity and transparency over services offered.
Revolutionary
Everything is on point and innovative. Love the platform.
Informatio
Keeps me updated on crypto markets and the movement of my crypto.
Our Revolut business banking account review explains the fees, features, multi-currency tools and safety of the account, and whether it’s a good choice for UK startups and international businesses.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.