A leading option for those who travel regularly. However, in the UK. Is My Money Safe With Revolut Uk… it may not be able to fully replace your bank.
While at the time of writing it is not operating as a bank, it is slowly becoming one, having received a challenger bank license from the European Central Bank in December 2018. In early 2021 it likewise applied for a UK banking license and a bank charter in the US.
today we’re going to be evaluating with the goal to help you respond to questions like should you get a account and how will it benefit you and to do this we’ll be taking a look at how e rated on our monito rating and what resulted in us giving them an 8.6 this will assist us decide whether we can trust with our cash as
Is Is My Money Safe With Revolut Uk the world’s first global financial superapp?
well as get a clear photo of their services and benefits their fees and currency exchange rate and also see how their customers rate established in 2015 is a personal company with over 2 000 workers they’re an acclaimed company and in 2020 won the uk tech awards for company of the year since december 2021 their accounts and cards are offered to customers residing in the uk us eu and eea nations australia singapore switzerland and japan sadly no canada or new zealand however new zealand is looking likely in the future if you visit their website they state they have a banking licence which was given by the european central bank in poland and lithuania this allows them to use banking services in a number of european nations including bulgaria croatia romania slovenia in addition to france italy and portugal and more nevertheless they’re yet to be granted a banking license in the uk the us or anywhere else they operate however even if they’re not a standard bank and don’t have a banking license
in certain nations does not imply your cash isn’t safe are in fact required to safeguard your cash with larger banks with a bank like lloyd’s or barclays so if were to fail your money would be safe and because of this and the truth they’re fully managed by the fca in the uk and licensed as a bank in specific european nations we scored an 8.9 for trust and credibility with over 16 million customers currently trusting with their cash we think you can absolutely trust them with yours has actually been extremely innovative when it concerns banking their mobile app unlike conventional banks is special wonderfully designed and actually stands out for its numerous features and offerings when you at first sign up you’ll be asked to choose a plan there are 4 available standard which is free plus premium and metal these are their rates in the uk however they might differ depending on where you’re located the essential offerings of are readily available throughout all strategies that includes a current account with its budgeting and automatic cost savings advantages currency exchange
worldwide spending atm withdrawals quickly and basic cash transfers including costs splitting so you can easily send out and ask for money along with stocks and crypto trading however the various strategies will provide you greater advantages within each of these basics for example the more costly to prepare the more money you can withdraw from an atm without incurring a cost with the standard free plan depending which comes first you’re either restricted to a total of 200 pounds or five