Revolut Bank Review: Banking, Investing, and Foreign Exchange in One App

4.7

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Quick Take: Revolut is not a bank per se, although it offers banking services, such as savings and checking-type accounts, and credit cards through Metropolitan Commercial Bank and Sutton Bank. It offers investments, including ETFs, stocks, and cryptocurrency, as well as foreign exchange and money transfer services.

Revolut is a global financial technology platform best known for its mobile app, international money features and multi-currency capabilities. In the U.S., Revolut operates as a fintech company offering banking-style services through partner institutions, with an emphasis on digital access, global usability and app-based money management.

This review explains how Revolut works in the U.S., what features it offers today, where it stands on safety and rates, and who it’s best suited for.

Revolut at a Glance

Accounts and Core Features

Revolut provides a digital account that combines spending, saving and international money tools in one app.

Key Features Include:

• App-based checking-style account
• Debit card for everyday spending
• Domestic and international transfers
• Real-time spending analytics
• Multi-currency holding and exchange

The experience is designed for users who want full control from their phone, rather than traditional branch banking.

Savings and Interest Features

Revolut’s savings features vary by plan tier and market.

What To Know:

• Interest-earning features may be available depending on plan level
• Rates are variable and can change at any time
• Savings tools focus more on flexibility and automation than guaranteed yield

In the U.S., Revolut is not positioned as a high-yield savings destination but rather as a cash-management and spending platform.

Fees and Subscription Plans

Revolut operates on a tiered plan structure, which may include free and paid options.

Typical Plan Differences Include:

• Free plans with basic features
• Paid plans offering additional perks like higher limits or enhanced support
• Fees may apply for certain premium services, international features or plan upgrades

Users should review plan details carefully to understand what’s included at each level.

International and Travel Features

One of Revolut’s biggest strengths is international usability.

Highlights Include:

• Support for multiple currencies
• Competitive foreign exchange functionality
• International transfers from within the app
• Useful tools for frequent travelers or remote workers

These features are where Revolut tends to stand out most compared with traditional U.S. banking products.

Safety and FDIC Insurance

Revolut is not a bank, but eligible U.S. customer funds are held with partner banks.

• Deposits are FDIC-insured through partner institutions, up to standard limits
• Funds are segregated from Revolut’s own operating accounts

Users should understand the distinction between fintech platforms and traditional banks when evaluating risk.

Comparable Neobank Options

If you want to see how Revolut stacks up against other neobanks, consider comparing it to these two:

SoFi

SoFi is another company seeking to disrupt traditional banking. In addition to checking and savings accounts, SoFi also offers personal, student, auto, and mortgage loans, as well as investing and insurance products. SoFi does not offer foreign currency exchange.

Betterment

Betterment is another neobank that offers checking and savings accounts. Investing is an area of focus for Betterment, and they offer resources for setting and achieving financial goals, including retirement and saving for large purchases. Betterment does not offer loans, nor does it offer foreign currency exchange.

Who Revolut Is Best For

Best Fit

• Digital-first users comfortable managing money entirely through an app
• Travelers and international spenders
• People who want spending insights and global money tools in one place

Less Ideal

• Customers who want branch access
• Savers focused on maximizing interest rates
• Users who prefer traditional checking and savings accounts

Overall Experience

Revolut delivers a polished, feature-rich mobile experience built around flexibility and global money movement. While it doesn’t replace a full-service U.S. bank for everyone, it can function well as a primary spending account or secondary financial tool, especially for users with international needs.

Final Take to GO

Revolut is best viewed as a modern financial platform, not a traditional bank. Its strengths lie in international spending, app-based control and flexibility rather than deposit rates or branch access.

For users who value digital convenience and global functionality, Revolut can be a strong fit. For those seeking high yields or a conventional banking relationship, it may work better as a supplement rather than a replacement.

Cynthia Measom contributed to the reporting for this article.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Jan. 5, 2026.

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