What is Revolut? Revolut Review, Features

Revolut is building the world's first truly global financial super app .

About Revolut

In 2015, Revolut launched in the UK, offering remittance and exchange services. Today, our customers around the world use Revolut's dozens of innovative products and make over 100 million transactions per month. Through our personal and business accounts, we help customers improve their financial lives, give them more control, and seamlessly connect people around the world.

Company Culture

We believe any success at Revolut comes from two things: our people and our culture. We believe great people operating in a great culture produce the best results. Our culture is our DNA, it defines who we are, how we operate and how we handle our disagreements. We operate, hire, develop and promote people based on the following values.

Core: We are like a professional sports team. We hire, develop and retain only elite athletes and put them in the right positions to win.

Belief: Never compromise

Use countries and regions

28 EU countries (including the UK, which is about to leave the EU), Liechtenstein, Iceland, Norway, Switzerland, Australia, and Hong Kong, China. In the above countries/regions, you do not have to be a national, as long as you have legal residency.

Features

Revolut global use

In fact, Revolut is a global network VISA debit card deposit account. It can do everything that a daily bank account can do, such as online shopping, deposits, transfers, and collections. Revolut can only be used on mobile phones, but if you want to use ATM withdrawal services, you must use a physical card. Recently, if you apply for a Revolut account in Ireland, you will get a 10 euro consumption discount. If you invite a friend to apply, you can get another 10 euro reward.

There are only a few regions in the world that do not support VISA, which means that Revolut is an international deposit account. With Revolut, you can withdraw money from ATMs around the world.

Instant recharge and instant use

You don't need to deposit a lot of money in Revolut. When you need it, you can just top up from the bound debit or credit card account. It is similar to Alipay and the money will be transferred to your account immediately. For example, if you want to use your Revolut card to purchase goods that exceed your account balance, you can just top up on the mobile app.

Manage multiple currencies simultaneously

Revolut allows you to open accounts in multiple currencies at the same time. You can manage the commonly used currencies such as US dollars, euros, pounds, yen, and Hong Kong dollars with one mobile app. The conversion between currencies uses the bank's exchange rate, and there is no additional handling fee. When the exchange rate is good, you can save more foreign currency. When traveling, you can directly withdraw money or swipe your card overseas, which is more economical and labor-saving than exchanging currency locally. You can also see the real-time exchange rate and arrival notification on the mobile phone.

Free international remittance

Cross-border remittances are often charged a remittance service fee by the banks of both countries. With Revolut as an intermediary, the fee can be greatly reduced or even zero! In general, the benefit of using Revolut is that you can carry less cash when traveling around the world, and you can also save a lot of fees when funds flow between different countries!

Product Category

• Standard Free: £200 free cash withdrawal per month
• Premium monthly fee of £6.99: £400 free cash withdrawal quota per month, travel insurance and overseas medical insurance, and the ability to buy and sell five types of electronic currencies including Bitcoin
• METAl monthly fee £12.99: metal card, free cash withdrawal limit of £600 per month, 0.1% spending rebate in addition to Premium benefits (1% outside Europe)