A leading choice for those who travel often. In the UK it may not be able to totally change your bank.
While at the time of writing it is not running as a bank, it is gradually becoming one, having received a challenger bank license from the European Central Bank in December 2018. As a result, itself does not store your money, it uses Barclays and Lloyds for that. In early 2021 it likewise made an application for a UK banking license and a bank charter in the United States. Because it is not yet a bank, it does not use any deposit security.
today we’re going to be evaluating with the objective to assist you respond to questions like should you get a account and how will it benefit you and to do this we’ll be looking at how e rated on our monito rating and what led to us providing an 8.6 this will help us decide whether we can trust with our money as
Is Revolut Bank Aplikacja the world’s first global financial superapp?
well as get a clear picture of their advantages and services their fees and exchange rates and likewise see how their customers rate established in 2015 is a personal company with over 2 000 staff members they’re an award-winning business and in 2020 won the uk tech awards for business of the year as of december 2021 their accounts and cards are available to consumers living in the uk us eu and eea countries australia singapore switzerland and japan sadly no canada or brand-new zealand nevertheless new zealand is looking likely in the future if you visit their website they say they have a banking licence which was granted by the european reserve bank in poland and lithuania this permits them to offer banking services in a variety of european countries consisting of bulgaria croatia romania slovenia as well as france italy and portugal and more nevertheless they’re yet to be approved a banking license in the uk the us or anywhere else they operate but just because they’re not a traditional bank and don’t have a banking license
in specific countries does not imply your cash isn’t safe are really needed to secure your money with larger banks with a bank like lloyd’s or barclays so if were to fold your cash would be safe and because of this and the fact they’re completely controlled by the fca in the uk and licensed as a bank in certain european countries we scored an 8.9 for trust and trustworthiness with over 16 million customers currently trusting with their money we believe you can definitely trust them with yours has been extremely innovative when it concerns banking their mobile app unlike conventional banks is unique wonderfully developed and really stands apart for its numerous functions and offerings when you at first register you’ll be asked to pick a strategy there are 4 offered standard which is totally free plus premium and metal these are their costs in the uk however they may differ depending on where you lie the essential offerings of are offered across all strategies which includes a current account with its budgeting and automated cost savings advantages currency exchange
global costs atm withdrawals quick and basic cash transfers consisting of costs splitting so you can quickly request and send cash in addition to stocks and crypto trading however the different plans will offer you greater advantages within each of these fundamentals for instance the more expensive to plan the more cash you can withdraw from an atm without incurring a fee with the standard totally free plan depending which comes first you’re either limited to an overall of 200 pounds or five