It is the fastest growing digital bank with the widest range of functions. Revolut Public Account… A top option for those who take a trip regularly. In the UK it may not be able to totally replace your bank.
While at the time of composing it is not running as a bank, it is gradually ending up being one, having actually 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 evaluating with the objective to help you address questions like need to you get a account and how will it benefit you and to do this we’ll be looking at how e rated on our monito rating and what led to us giving them an 8.6 this will help us choose whether we can trust with our cash as
Is Revolut Public Account the world’s first global financial superapp?
well as get a clear image of their services and benefits their fees and currency exchange rate and also see how their customers rate developed in 2015 is a private business with over 2 000 employees they’re an award-winning company and in 2020 won the uk tech awards for company of the year as of december 2021 their accounts and cards are offered to customers living in the uk us eu and eea countries australia singapore switzerland and japan sadly no canada or new zealand nevertheless brand-new zealand is looking likely in the future if you visit their website they say 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 variety of european countries including bulgaria croatia romania slovenia along with france italy and portugal and more however they’re yet to be approved a banking license in the uk the us or anywhere else they run however even if they’re not a traditional bank and don’t have a banking license
in certain countries doesn’t imply your money isn’t safe are in fact required to protect your money with bigger banks 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 totally 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 definitely trust them with yours has been really ingenious when it concerns banking their mobile app unlike standard banks is distinct beautifully created and really stands out for its various functions and offerings when you initially sign up you’ll be asked to select a plan there are 4 offered requirement which is totally free plus premium and metal these are their costs in the uk but they might vary depending on where you’re located the basic offerings of are available throughout all strategies which includes a bank account with its budgeting and automatic savings benefits currency exchange
international spending atm withdrawals quickly and basic cash transfers including costs splitting so you can easily send out and ask for cash in addition to stocks and crypto trading however the numerous plans will offer you greater benefits within each of these basics for example the more pricey to plan