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In this Revolut review we examine each of the personal accounts Revolut offer to help you decide if they are the right choice for you.

Who are Revolut? 

Revolut are an alternative app-based account provider. They started life back in 2015 and they currently have over 8 million people using their service worldwide.

Revolut are looking to bring personal finance into step with the modern world. They do this by allowing you to transfer money into different currencies with no fees attached. You can spend money abroad using your Revolut card, without all of the high fees charged by some institutions. On top of all this, they even integrate cryptocurrency use into their accounts.

You can sign up for a Revolut account for free with no monthly fees but they also offer paid accounts. These paid accounts come with added or enhanced features. 

The first thing to note is that all of Revolut’s accounts come with three common features. These are that they come with a free UK Account and Euro IBAN Account. They also allow you to spend in over 150 currencies at the interbank exchange rates. 

Let’s look at each of the 4 accounts currently offered by Revolut for personal use.

Revolut Standard Free Account

The Revolut Standard Account is a completely free account offered by the company. It’s easy to open a Standard account and there are no monthly fees. You can do it in minutes using your phone and you can control your account via the Revolut app.

This means that you won’t pay any extra fees or charges when you transfer or spend money in different currencies. You also won’t be charged extortionate exchange rates.

The Standard Revolut account is a good basic account. It does come with limits on the amount you transact each month without incurring a fee, though. These limits mean that you will be able to:

• Exchange in 30 fiat currencies with no fees up to £1,000 per month
• Enjoy fee-free ATM withdrawals up to £200 per month (5 withdrawals allowed)
• Shop safer online by having unlimited disposable virtual cards
• Have 1 kid on a Revolut Junior account (no junior account features with standard account)
• Daily interest on savings up to 0.65% at the time of writing
• 2.5% cryptocurrencies exchange fee (crypto withdrawals only available with a metal account)
• 1.5% Commodities exchange fee

For extra services, you will need to have either a Revolut Plus, Premium or Metal account.

Revolut Plus Account

A more recent addition to the Revolut accounts available is the Plus Account at £2.99 per month

This Plus account gives you a some great premium features for less than the cost of a cup of coffee. These include…

• Purchase Protection – Up to £1000 of insurance for purchases you make through Revolut for a whole year!
• Enhanced Return Window – If you’re retailer won’t accept a return within 90 days you can get a refund through Revolut for items between £50 and £300
• Ticket Cancellation Protection – If you have to miss an event unexpectedly you get up to £1000 back through Revolut
• Daily Interest with a Flexible Account – Up to 0.68% with a Plus account
• Enhanced Junior Account Access – Up to 2 kids can access junior accounts with exclusive features
• Commission Free Stock Trades – Up to 3 per month!
• Invest in Crypto & Commodities– non FCA regulated
• Fee-Free Foreign Exchange – Up to £1000 per month
• Cashback on Accommodation – 7.5% with no booking fee!
• 24/7 Priority Customer Support
• Custom Card Designs

As we can see Revolut offer quite a few perks through their Plus Account. Be sure to read all of the T’s and C’s on the Revolut Website but is certainly worth looking at.

Revolut Premium Account

Priced at £6.99 a month is the Revolut Premium Account. The account comes with all of the features of a Standard and Plus account but with higher transaction limits and other perks. Here is a summary of the benefits…

• Withdraw more from ATMs – Limit rises to £400 per month with a Premium Account
• Purchase Protection – Up to £2500 of insurance – increased from £1000 on the Plus account!
• Enhanced Return Window – If you’re retailer won’t accept a return within 90 days you can get a refund through Revolut for items between £50 and £300
• Ticket Cancellation Protection – If you have to miss an event unexpectedly you get up to £1000 back through Revolut
• Discounted International Money Transfers – 20% off (no limit)
• Daily Interest with a Flexible Account – Up to 1.15% AER on savings
• Enhanced Junior Account Access – Up to 2 kids can access junior accounts with exclusive features
• Lower Crypto Exchange Fees – Cryptocurrency (1.5%) and commodity exchange fees (0.5%) are 1% lower than on the Plus or Standard Account
• Commission Free Stock Trades – Up to 5 per month!
• Fee-Free Foreign Exchange – Unlimited
• Cashback on Accommodation – 10% with no booking fee!
• 24/7 Priority Customer Support
• Custom Card Designs

There are some great extra features and perks that come along with a premium account for travel too! These include…

• Worldwide Travel Insurance Included
• Unlimited No Fee Currency Exchange
• Delayed Baggage and Flight Insurance
• Free Lounge Access with Smart Delay for you and a friend
• Discounted Airport Lounge Access

Revolut Metal Account

The Revolut Metal account is the most enhanced account on offer. It comes at a cost of £12.99 per month. The Metal account includes all of the features of a Standard or Premium Account but with even more enhanced limits and features. 

• Limit on ATM withdrawals rises to £800
• Get an Exclusive Revolut Metal Card
• Get Up To 1% Cashback on card payments
• Up to 40% off International Money Transfers (no limit)
• Up to 5 kids for Revolut Junior Accounts
• Purchase protection rises to £10,000 per year
• Crypto Withdrawals are allowed with a Metal Account
• Daily Interest on savings rises to 1.35%
• 10 Commission Free Stock Market Trades a Month!
• 3 friends allowed on Free Lounge Access With Smart Delay
• Car Hire Excess Feature included (see website for details)
• Winter Sports Cover

Revolut Reviews

Hopefully this Revolut Review will have given you a good overview of the features of each account level. What do others have to say about their experience with Revolut, though?

In this area the TrustPilot rating for Revolut is certainly very encouraging. With over 100,000 reviews – yes one hundred thousand! – Revolut have a customer score of 4.4 out of 5 stars with 76% of reviewers giving them the highest rating of excellent. I’ve seen a lot of TrustPilot reviews while operating this blog and I have to say that’s very impressive.

Give Revolut a Try for Free

We hope that this Revolut review has helped you to decide if they are the right option for you.

This blog does not constitute financial advice. If you’re unsure, seek independent financial advice.