- Revolut is highly rated in both expert and user reviews, boasting an average of 4.6/5 from 518 user reviews. Users appreciate its user-friendly app and low-cost services, while experts highlight its innovative features for banking and investing. However, concerns about the lack of full banking protections and limited investment options have been noted.
- Experts commend Revolut for its easy-to-use platform and competitive pricing, rating it highly across various criteria, including customer service and online platform usability. However, they caution that as an e-money institution, it lacks the same protections as traditional banks, which may be a consideration for potential users.
- Users frequently praise Revolut for its seamless transactions, excellent customer service, and ease of use, particularly for international money transfers. However, some users express frustration with account management issues and a perceived lack of support during problems, indicating a mixed experience regarding customer service responsiveness.
Revolut Customer Reviews
Tell us what you think of this provider.
Quick and Awesome in sending money
Whenever I send money international from my Revolut account, it’ll send in seconds, very quick and awesome service.
Great for travel
It’s perfect to use when going abroad. I move my holiday budget into an account of the destinations currency. I can then use my card to only take it from that currencies account so I can keep an eye on how much I am spending. U get a better conversion rate with no fees.
U also get a notification to show you how much U have spent each day in Ur normal currency.
It’s a fantastic app.
I also use it to buy commodities like gold and silver and it’s very easy to track Ur investment.
Great app
Great app
Fraud
I don’t recommend it. I was defrauded, money disappeared from my account, I didn’t have any phone number to call, I talked through messages, without any results, money was taken from my account once, and the second time I didn’t had enough money to be taken.
Amazing
Easy to use ,also get the best rates
Great bank
Great app great interest rates lovely to see savings grow every day
Perfect
Best online bank which I was using easy transfer. Comfortable when you are in different country to exchange money.
Best online bank
Revolut is a user-friendly platform offering easy access to international transfers and ideal for efficient financial management.
Haven’t Seen Anything Better!
Simple, intuitive, convenient and safe. Everything you want and need in a bank!
A great bank .
I think its contain all that you need from a bank.
Great experience with Revolut
Revolut has been amazing! It’s easy to use, the exchange rates are great, and I love the convenience of managing my money internationally. The security and customer support have been excellent too. Thanks for the great service.
Best Digital Bank!
I can’t recommend Revolut enough! Has made my life easier.. thank you a bank that puts its customers first!
Revolut shines again
Amazing banking app for the next generation 👏 outstanding! High street banks will be a thing of the past soon ! #Revolut(ion) ❤️
Bank for customers
Simple, quick transfer, nice exchange and invest to shares and crypto
Best banking app
Best banking app that Iv used regardless of the negative press reports
Good benefits
Benefits are awesome easy to use
Amazing bank to be with!!
Revolut is such an amazing bank to be with it’s super quick and easy to set up you get your account and sort code straight away there’s five simple steps to get your account up and running and it’s very much easy to use. There’s a lot of features including rewards and cashback. You can collect point which will give you money off range of activities which is a great asset. You can also invest and crypto. I would definitely recommend this bank 1000%.
Excellent
Amazing service and easy to use
Revolut Expert Review
Revolut is an all-in-one banking and investment app loved by millions
Is Revolut good for investing?
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.
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 as a bank so you do not get the FSCS protection.
Revolut says that if they were to go bust, client funds would be paid out of a “safeguarding” account which is a type of ringfenced account where client funds are held. When funds are in this type of account, Revolut cannot (in theory, at least) lend them out or use them to run the business. This is how banks traditionally made money, they pay you a smaller amount of interest than they receive on the money they lend out and make a profit from the difference (among other things).
For small money transfers, Revolut is safe enough, but as with all currency conversions if you are sending over £10,000 abroad you should be using a currency broker. You’ll get much better rates, more control over when you buy and sell, help with all the AML (anti-money laundering) issues that may come up, and the ability to lock in the currency exchange rate for up to a year in advance (if you think it will move against you).
- Sending a small amount of money abroad? Compare the best money transfer apps
Pros
- Easy to use
- Low cost
- Innovative product
Cons
- New company
- Limited Range of investments
- App only
-
Pricing
(5)
-
Market Access
(4.5)
-
Online Platform
(5)
-
Customer Service
(5)
-
Research & Analysis
(4)
Overall
4.7
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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.
