Revolut in 60 seconds

Revolut at a glance (2026)

Founded: July 2015 by Nik Storonsky & Vlad Yatsenko.
Global customers: over 70 million.
UK banking licence: full, granted 11 March 2026.
Trustpilot: 4.7/5 across 371k+ reviews.
Revenue 2025: $6bn (net profit $1.7bn).
IPO: planned 2026 at $150-200bn valuation.

About Revolut

Revolut launched in July 2015 as a prepaid travel card aimed at killing the foreign-transaction fees charged by UK high-street banks. A decade later it offers everything from current accounts and savings to stocks, crypto, lounge access and mortgages-via-partners. The company finally received its full UK banking licence on 11 March 2026, after a three-year approval process.

Revolut also applied for a US banking licence in March 2026 and launched in Mexico in January 2026. A further £1.1bn investment in France was announced in May 2025. CEO and co-founder Nik Storonsky remains at the helm.


Revolut personal plans in 2026

Free

Standard

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Free Revolut account. £1,000/month FX allowance at the interbank rate (1% fee above), 5 free ATM withdrawals up to £200/month and access to Revolut Stocks.

  • No monthly fee.
  • £1,000/month FX allowance.
  • 5 free ATM withdrawals up to £200/month.
Light upgrade

Plus

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£3.99/month. £3,000/month FX at the interbank rate (0.5% fee above), extra purchase protection and ticket protection on Plus.

  • £3.99/month (or £40/year).
  • £3,000/month FX allowance.
  • Purchase & ticket protection.
Best value
Travel-ready

Premium

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£7.99/month. Unlimited interbank FX, travel insurance, priority customer support and overseas medical insurance.

  • Unlimited FX at interbank rate.
  • Worldwide travel insurance.
  • Priority in-app support.
Premium metal card

Metal

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£14.99/month. Metal card, up to 1% cashback outside Europe (0.1% inside), £800/month fee-free ATM withdrawals and LoungeKey access.

  • £14.99/month, metal card.
  • Up to 1% cashback outside Europe.
  • £800/month fee-free ATM withdrawals.
Top tier
Top tier

Ultra

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£55/month (or £540/year). 4% AER on savings under £200,000, all Metal benefits plus a curated luxury perks bundle.

  • £55/month or £540/year.
  • 4% AER on savings up to £200,000.
  • All Metal perks + luxury benefits.
Business

Revolut Business

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Four business tiers (Basic, Grow, Scale, Enterprise) from free upwards. International payments, multi-currency accounts and accounting integrations.

  • Free Basic plan for sole traders.
  • Multi-currency accounts in 30+ currencies.
  • Bulk payments and spend controls.

Three deep divesSee our standalone guides on Revolut Business, the Revolut Metal card and the in-depth Revolut customer review.


Revolut Stocks and investments

Through the Revolut app you can also buy and sell:

  • Revolut Stocks: fractional US and EU equities, with low commission on Standard and lower fees on paid plans.
  • Commodities: spot gold, silver and other commodities.
  • Crypto: more than 200 coins, with progressive fee discounts on paid plans.
  • Savings Vaults: cash savings with daily-paid interest, headline AER varies by plan.

Revolut customer service

Revolut deliberately has no public telephone line. All support runs through the in-app chat — with priority queues on Premium, Metal and Ultra plans. Card freeze is instant in the app.


Revolut FAQ

Yes, as of 11 March 2026. The PRA/FCA granted Revolut a full UK banking licence, ending a three-year approval process. Eligible UK deposits are now protected up to £85,000 per person by the FSCS.

Revolut is in-app chat only. Premium, Metal and Ultra plans get a priority chat queue. There is no public phone number.

It depends on your spending. Frequent travellers who use £800+ in ATM withdrawals abroad and earn meaningful cashback usually find the metal card pays for itself. Light spenders should stick with Standard or Plus.

Reports suggest an IPO in 2026 at a target valuation of $150-200bn, with the US listing preferred. No formal IPO filing was public at the time of writing.