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

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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.

4/5

24th May 2024
Sandeep Paul

3/5

24th May 2024
Sandeep Paul

Only use them for transfers…

24th May 2024

Only use them for transfers to other account holders.

Alan Thompson

Very good

24th May 2024

Very good

Jordan broome

Great product, good value

24th May 2024

Great product, good value

Salman Hussain

4/5

24th May 2024
David Sumners

4/5

24th May 2024
David Sumners

Very competitive rates and good…

24th May 2024

Very competitive rates and good website

RobertBessell

cheap transfers

24th May 2024

cheap transfers

Robert Jacobs

x

24th May 2024

x

Robert Deriawish

x

24th May 2024

x

Robert Deriawish

Easy currency exchange

24th May 2024

Easy currency exchange

Michael John durrant

Good exchange rates but have…

24th May 2024

Good exchange rates but have only used for smaller sums

Michael John durrant

Very pleased and use this…

23rd May 2024

Very pleased and use this always when abroad

Rhoda Matthews

V good

23rd May 2024

V good

Rhoda Matthews

Good for managing my son’s…

23rd May 2024

Good for managing my son’s pocket money

Chris Sheasby

Good

23rd May 2024

Good

Adel kantorova

Good service

23rd May 2024

Good service

Ted Roberts

Easy to use, simple, clear…

23rd May 2024

Easy to use, simple, clear and cheap.

Joaquin Bernard Monfort

Easy to use, simple, clear…

23rd May 2024

Easy to use, simple, clear and transfers are at a good exchange rate and cheap.

Joaquin Bernard Monfort

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

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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

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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

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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

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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

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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

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