It is the fastest growing digital bank with the widest variety of functions. Revolut Max Account… A top option for those who travel often. In the UK it might not be able to fully change your bank.
While at the time of writing it is not operating as a bank, it is gradually becoming one, having gotten a challenger 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 US.
today we’re going to be examining with the objective to assist you respond to questions like need to you get a account and how will it benefit you and to do this we’ll be taking a look at how e rated on our monito score and what caused us providing an 8.6 this will assist us decide whether we can rely on with our cash as
Is Revolut Max Account the world’s first global financial superapp?
well as get a clear image of their services and advantages their costs and exchange rates and likewise see how their clients rate established in 2015 is a private business with over 2 000 employees they’re an acclaimed company and in 2020 won the uk tech awards for company of the year as of december 2021 their accounts and cards are readily available to customers residing in the uk us eu and eea nations australia singapore switzerland and japan regrettably no canada or new zealand however 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 central bank in poland and lithuania this allows them to use banking services in a variety of european nations including bulgaria croatia romania slovenia as well as 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 but even if they’re not a traditional bank and do not have a banking license
in specific nations does not mean your cash isn’t safe are really required to secure your money with larger banks with a bank like lloyd’s or barclays so if were to fold your cash would be safe and because of this and the reality they’re fully managed by the fca in the uk and accredited as a bank in certain european nations we scored an 8.9 for trust and credibility with over 16 million customers already relying on with their cash we believe you can certainly trust them with yours has been really ingenious when it comes to banking their mobile app unlike conventional banks is distinct perfectly developed and really stands apart for its various functions and offerings when you at first sign up you’ll be asked to select a strategy there are 4 available requirement which is free plus premium and metal these are their rates in the uk however they might differ depending upon where you’re located the essential offerings of are offered across all plans that includes a bank account with its budgeting and automatic savings advantages currency exchange
worldwide spending atm withdrawals fast and basic money transfers consisting of bill splitting so you can quickly ask for and send out cash as well as stocks and crypto trading however the numerous strategies will offer you greater benefits within each of these fundamentals for instance the more costly to plan