Research from UK credit card brand Aqua has revealed that more Britons regret running up credit card debt than losing money in the crypto or NFT boom. According to Aqua’s Financial Learnings and Mistakes 2025 report, which surveyed 5,000 UK adults, 40% of respondents said accumulating credit card debt was one of their biggest financial […]
More Brits Regret Credit Card Debt Than Losing Money on Crypto Read More »
No, Revolut does not offer mortgages, but using it as a bank account will not stop you from getting a mortgage. Mainstream mortgage providers can use Revolut banking statements as evidence of income and spending to approve mortgage applications. Revolut plans to offer AI assistant, mortgages and ATMs next year Revolut has unveiled plans to
Can you get a mortgage with Revolut? Read More »
The FCA’s unfair motor loans compensation scheme is a proposed £14 million initiative to refund drivers who were overcharged for car finance because brokers or dealers received hidden commissions from lenders. Between 2007 and 2024, some brokers were allowed to increase customers’ interest rates to earn higher commissions, a practice the FCA has deemed unfair.
Motor Finance Scandal: What Is It & How To claim? Read More »
When you see headlines about the “average salary in the UK,” it can sound like there’s a single number that applies to everyone. In reality, the picture is far more complex. Pay varies depending on age, gender, region, industry, and whether you are in the public or private sector. Even the way data is collected
UK Average Salary Statistics: How Pay Differs by Age, Region, and Sector Read More »
What are private banks? Private banks in the UK are financial institutions that offer personalized banking and financial services to high-net-worth individuals (HNWIs). These services often include wealth management, investment advisory, estate planning, and specialized lending. Their aim is to be all things to all their customers – especially the extremely rich ones, but with
Best Private Banks Compared Read More »
Revolut has raised the interest it offers on cash held in its Instant Access Savings accounts to a maximum of 5% AER. The newly-increased rates given by the all-in-one finance app, revealed on Thursday, are tiered according to the plan its customers subscribe to. Subscribers to the app’s Ultra plan, which charges £45 a month,
Revolut raises interest rates to 5% for £540 per year Ultra account holders Read More »
All-in-one finance app Revolut is rolling out a new feature allowing its credit-card customers in Ireland to pay through instalments, which it plans to shortly expand to other markets Under the new feature customers will be able to space payments out over three, six, nine or 12-months at a discounted interest rate. Multiple purchases can
Revolut credit card instalments coming to Europe Read More »
Monzo is considering an initial public offering (IPO), but its management are split over whether it should happen in London or New York. The digital-first challenger bank is preparing to list on the stock market in the the near future, the Financial Times reported today. The firm’s CEO TS Anil favour listing in the US,
Will the London Stock Exchange lose the Monzo IPO to New York? Read More »
Revolut has introduced in-app calls, allowing personal customers of the finance platform to contact members of its customer service team securely. This offers a secure method to call Revolut Customer Support, directly through the Revolut app, and represents a new security measure to help customers uncover impersonation scams. It also makes contact between customer support
Revolut adds in-app calls after criticism for scam response Read More »
The first wave of crowdfunders who backed banking fintech Revolut could receive a payout worth 400 times their initial investment. Roughly 4000 users of crowdfunding platforms Republic and Crowdcube will have the opportunity to sell their stakes in the company for $865.42 per share, City AM reported earlier this week. In a letter to investors,
Crowdfunding wins big as Revolut backers in line for 40,000% profits Read More »