It is the fastest growing digital bank with the widest series of features. Revolut Best Digital Bank Uk… A leading choice for those who travel frequently. Nevertheless, in the UK it might not be able to totally change your bank.
While at the time of writing it is not running as a bank, it is slowly ending up being one, having received a challenger bank license from the European Central Bank in December 2018. In early 2021 it also used for a UK banking license and a bank charter in the US.
today we’re going to be reviewing with the objective to assist you respond to questions like should you get a account and how will it benefit you and to do this we’ll be looking at how e ranked on our monito rating and what resulted in us giving them an 8.6 this will help us choose whether we can trust with our cash as
Is Revolut Best Digital Bank Uk the world’s first global financial superapp?
well as get a clear image of their services and advantages their costs and currency exchange rate and also see how their customers rate established in 2015 is a private company with over 2 000 workers they’re an acclaimed business and in 2020 won the uk tech awards for business of the year as of december 2021 their accounts and cards are offered to consumers residing in the uk us eu and eea countries australia singapore switzerland and japan regrettably no canada or brand-new zealand nevertheless brand-new zealand is looking likely in the near future if you visit their site they state they have a banking licence which was granted by the european reserve bank in poland and lithuania this permits them to use banking services in a number of european nations including bulgaria croatia romania slovenia along with france italy and portugal and more nevertheless they’re yet to be given a banking license in the uk the us or anywhere else they operate however even if they’re not a traditional bank and don’t have a banking license
in certain nations doesn’t mean your cash isn’t safe are in fact needed to secure your money with larger banks with a bank like lloyd’s or barclays so if were to go bust your money would be safe and because of this and the fact they’re completely managed by the fca in the uk and certified as a bank in specific european countries we scored an 8.9 for trust and reliability with over 16 million customers already relying on with their cash we think you can definitely trust them with yours has been really ingenious when it pertains to banking their mobile app unlike conventional banks is unique magnificently designed and truly stands apart for its various functions and offerings when you initially sign up you’ll be asked to choose a strategy there are 4 available standard which is free plus premium and metal these are their costs in the uk however they might differ depending upon where you’re located the fundamental offerings of are offered across all plans that includes a bank account with its budgeting and automatic savings benefits currency exchange
international spending atm withdrawals fast and basic money transfers including bill splitting so you can easily send out and ask for cash as well as stocks and crypto trading however the numerous strategies will offer you higher advantages within each of these basics for instance the more expensive to prepare