Revolut

The default comparison set for a reason. Treat the UK bank product and the e-money wallet as different legal objects, then Revolut wins most travel and multi-currency briefs. It is not the quietest home for a salary if you want a full-licence high-street feel — that is still Starling or Monzo in the UK.

Revolut started as a prepaid FX card in 2015 and spent a decade becoming a specialised bank in the EEA and, later, a UK bank for eligible customers. The consumer app still sells the original promise: hold many currencies, spend on Visa, move money cheaper than a high-street bank. Around that sit brokerage, crypto, credit, and business accounts — each with its own entity. This register scores the consumer money app, not every sleeve.

Revolut lists UK bank (eligible customers) under PRA / FCA in United Kingdom. On safeguarding we currently write: FSCS up to £85,000 on UK bank balances; EMI safeguarding on e-money wallets. Holder / issuer line: Revolut Bank UAB / Revolut Ltd (product-dependent). An AML programme is claimed. Local bank details (IBAN / sort code / equivalent) are part of the pitch. We list 10 live markets on the product. As we score the sticker: monthly Free · Plus/Premium/Metal/Ultra paid; FX Fair-usage weekday mid-market; weekend markup on Standard; ATM Fair-usage free, then 2%; interest Paid on Savings / Flexible Cash Funds (entity-dependent). This desk would open it for: People who live in more than one currency and want one app for spend, FX, and extras.

What it does well: Best-in-class FX for travellers on paid plans; Product depth: bank, broker, crypto, cards, kids; UK bank licence closes the old EMI objection for eligible users. What to watch: Support quality does not match the feature list; Weekend FX and fair-usage ATM rules catch Standard users; Crypto and stock sleeves are not the bank. Desk score 8.6 / 10 (safety 8.2, fees 8.4, features 9.4, app 9.2). Last verified 2026-08-01. Headquartered in London, United Kingdom; founded 2015. None of this is advice — it is a file so you can read the entity before the card colour.