Revolut Review: A Revolutionary Way to Save, Spend & Invest?

Home > Reviews > Revolut Reviews

Revolut say their global mission is for every person and business to do all things money — spending, saving, investing, borrowing, managing, and more — in just a few taps.

Customer Reviews

4.6

509 Good Money Guide reviewers have given this provider an average rating of 4.6 out of 5 based on their genuine experience.

Excellent73%
Very good17%
Average6%
Poor2%
Terrible2%

Leave a review and tell us what you think of this company to help others make more informed financial decisions.

Ok

29th May 2024

Ok

Bernie Bowhay

Usefull for spending in various…

29th May 2024

Usefull for spending in various currencies

Andrew Basson

I seem to have a…

29th May 2024

I seem to have a mid-step in every second transaction

Deirdre Mooney

Great

29th May 2024

Great

William Mulcahy

Great for foreign currency.

29th May 2024

Great for foreign currency.

Laurence Harrison

There okay

29th May 2024

There okay

Maureen sangster

x

28th May 2024

x

Norman Renshaw

Q

28th May 2024

Q

Martin Hill

Q

28th May 2024

Q

Martin Hill

Useful on occasions

27th May 2024

Useful on occasions

Steve Cowley

Very good

27th May 2024

Very good

Steve Cowley

Great

27th May 2024

Great

Tim Van Looveren

Good for going on holiday

27th May 2024

Good for going on holiday

David Galloway

5/5

25th May 2024
Suryabrata Banerjee

5/5

25th May 2024
Suryabrata Banerjee

Very good app, great card…

25th May 2024

Very good app, great card to use while travelling

Anthony Forster

Longtime good experience and cheap…

25th May 2024

Longtime good experience and cheap trading of fractional shares

John Pilkington

very simple user interface, not…

25th May 2024

very simple user interface, not expensive and a favourite – pity about the lack of UK banking licence

John Pilkington

No communication or customer service

25th May 2024

No communication or customer service

Maureen Moffat

too early to tell

25th May 2024

too early to tell

Barrie Adrian Lomas

What is Revolut?

In this review we:

  • Give our ratings based on their nearest peers
  • Tell you what we think of them after testing them with real money 
  • Highlight the key costs, facts and figures of their accounts

Revolut Review
Revolut

Name: Revolut

Description: Revolut is a start-up neo bank that also offers investing and currency exchange accounts. You can invest in 1,500 global companies from $1, commodities and cryptocurrency and send money abroad at discounted exchange rates. Revolut claims to have 45 million customers around the world.

Why we like it

Revolut is a good choice for investors that want to buy and sell major shares and cryptocurrencies. No funds, or smaller cap stocks, but a good entry-level account for most investors.

Pros

  • Easy to use
  • Low cost
  • Innovative product

Cons

  • New company
  • Limited Range of investments
  • App only
  • Pricing
    (5)
  • Market Access
    (4)
  • Online Platform
    (5)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4.4

Revolut Invest

Is Revolut safe?

One of the most commonly asked questions about new banks and fintech is if they are a safe place to keep your money. The answer is generally, yes, if they are regulated by the FCA as funds are protected by the FSCS up to £85,000. But, Revolut, is regulated as an e-money institution and not

Read More »
Revolut Invest

Revolut fraud response comes under Panorama spotlight

Revolut has come under the spotlight over its response to customers being defrauded, following a BBC Panorama investigation which aired yesterday. Panorama interviewed a man named Jack who had £165,000 stolen from his Revolut business account, in which he held multiple different currencies. Jack was tricked into authorising payments to scammers impersonating the company. After realising

Read More »
Revolut Invest

Revolut Alternatives

There is no doubt that Revolut is one of the fastest-growing financial brands in the UK, but at the moment, they do not have an active partnership with Good Money Guide, so we do not currently refer commercial users to them. However, if you would still like to visit Revolut, you can do so here

Read More »
Meta financial scams. Facebook financial scams

Meta financial scams pose biggest threat to users, Revolut warns

Revolut has accused social media giant Meta of being by far the most significant source of fraud across its business in a scathing report released on Friday, supporting recent research by the Good Money Guide on the threat of Facebook financial scams to UK consumers. Meta financial scams accounted for 62% of all fraud reported

Read More »
Revolut

Is Revolut good for cryptocurrency?

Yes, you can buy, sell, and send over 20 digital currencies at the touch of a button, with no hidden fees. But, Revolut’s cryptocurrency service is not regulated by the FCA, other than for the purposes of money laundering and you capital at risk. Revolute is a good choice for cyprto if you are just

Read More »
Revolut

Revolut opens for business in Australia

Revolut the would-be one-stop shop for money has announced that it’s open for business in Australia. Revolut offers a host of services to its business customers, including multi-currency accounts, cards and spending management tools, payment gateways, links and QR codes as well as low-cost currency exchange and API connectivity. Revolut is also offering incentives to

Read More »
Scroll to Top