A top choice for those who travel frequently. However, in the UK. Revolut Leicester Bank… it might not be able to totally change your bank.
While at the time of composing 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 used for a UK banking license and a bank charter in the US.
today we’re going to be examining with the goal to help you respond to questions like must 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 score and what resulted in us giving them an 8.6 this will help us decide whether we can rely on with our cash as
Is Revolut Leicester Bank the world’s first global financial superapp?
well as get a clear picture of their benefits and services their charges and exchange rates and also see how their customers rate developed in 2015 is a private company with over 2 000 employees they’re an award-winning company and in 2020 won the uk tech awards for company of the year as of december 2021 their accounts and cards are readily available to customers living in the uk us eu and eea countries australia singapore switzerland and japan regrettably no canada or brand-new zealand however new zealand is looking likely in the near future if you visit their website they state they have a banking licence which was given by the european reserve bank in poland and lithuania this enables them to provide banking services in a variety of european countries including bulgaria croatia romania slovenia along with france italy and portugal and more however they’re yet to be granted a banking license in the uk the us or anywhere else they operate but even if they’re not a traditional bank and do not have a banking license
in particular countries does not imply your money isn’t safe are actually required to safeguard your cash with larger financial institutions with a bank like lloyd’s or barclays so if were to go bust your cash would be safe and because of this and the truth they’re fully controlled by the fca in the uk and certified as a bank in certain european countries we scored an 8.9 for trust and credibility with over 16 million customers currently relying on with their cash we think you can certainly trust them with yours has actually been very innovative when it pertains to banking their mobile app unlike traditional banks is distinct wonderfully designed and actually sticks out for its various features and offerings when you at first register you’ll be asked to select a plan there are four available standard which is complimentary plus premium and metal these are their rates in the uk however they may differ depending upon where you lie the basic offerings of are readily available across all plans that includes a bank account with its budgeting and automated cost savings advantages currency exchange
worldwide costs atm withdrawals quick and simple cash transfers including bill splitting so you can easily request and send cash as well as stocks and crypto trading nevertheless the different strategies will offer you higher benefits within each of these fundamentals for example the more pricey to prepare the more money you can withdraw from an atm without incurring a fee with the basic free strategy depending which precedes you’re either restricted to a total of 200 pounds or 5