It is the fastest growing digital bank with the best range of features. Can’t Add Money Revolut… A top option for those who take a trip regularly. Nevertheless, in the UK it might not be able to fully replace your bank.
While at the time of composing it is not operating as a bank, it is slowly ending up being one, having received an opposition bank license from the European Central Bank in December 2018. In early 2021 it also applied for a UK banking license and a bank charter in the United States.
today we’re going to be evaluating with the objective 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 ranked on our monito score and what caused us providing an 8.6 this will help us decide whether we can trust with our cash as
Is Can’t Add Money Revolut the world’s first global financial superapp?
well as get a clear image of their services and advantages their fees and exchange rates and also see how their clients rate established in 2015 is a personal company with over 2 000 employees they’re an award-winning company and in 2020 won the uk tech awards for business of the year since december 2021 their accounts and cards are readily available to clients living in the uk us eu and eea nations australia singapore switzerland and japan sadly no canada or brand-new zealand however new zealand is looking likely in the near future if you visit their website they say they have a banking licence which was approved by the european central bank in poland and lithuania this enables them to provide banking services in a variety of european nations consisting of bulgaria croatia romania slovenia as well as france italy and portugal and more nevertheless they’re yet to be granted 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 particular nations doesn’t imply your money isn’t safe are actually required to secure your cash with bigger financial institutions with a bank like lloyd’s or barclays so if were to fold your money would be safe and because of this and the reality they’re completely controlled by the fca in the uk and certified as a bank in certain european countries we scored an 8.9 for trust and trustworthiness with over 16 million consumers currently trusting with their cash we believe you can absolutely trust them with yours has actually been extremely innovative when it comes to banking their mobile app unlike standard banks is distinct beautifully created and actually stands out for its numerous features and offerings when you at first register you’ll be asked to choose a strategy there are four offered requirement which is free plus premium and metal these are their rates in the uk but they might vary depending upon where you lie the essential offerings of are offered across all plans which includes a current account with its budgeting and automatic cost savings benefits currency exchange
global spending atm withdrawals quickly and easy cash transfers including costs splitting so you can quickly ask for and send cash as well as stocks and crypto trading however the numerous plans will offer you higher benefits within each of these fundamentals for instance the more costly to plan