Revolut

NMLS #1610752
NMLS #1717824
Revolut is a global financial technology company offering banking services, currency exchange, and other financial products through a mobile app.
Pros
Multi-currency accounts
International transfers
Budgeting tools
Cons
Customer service primarily in-app
Account freezes reported
Limited physical presence

Snapshot

Year Founded
2015
Address
7 Westferry Circus, Canary Wharf, London E14 4HD, UK
Estimated # of Employees
8,000-10,000
Composite Score
9
Trustpilot Reviews
4.5
(
228,770
Reviews)
BBB Reviews
F
(
5
Reviews)

Overview

Revolut, established in 2015 in the UK, has rapidly ascended to become a leading global financial technology company and a prominent challenger in the digital banking landscape. Its ambitious mission is to construct a comprehensive "global financial superapp" that empowers users to manage their money seamlessly and intuitively across borders. Revolut extends far beyond traditional banking services, providing an extensive array of financial tools that include multi-currency accounts, highly efficient international money transfers, sophisticated budgeting tools, cryptocurrency trading capabilities, and various lending products. All these services are conveniently accessible and managed through its remarkably intuitive and feature-rich mobile application, making it a one-stop shop for modern financial needs.

Customer Views

What They Like

Customers consistently laud Revolut for its innovative multi-currency accounts, which allow users the unparalleled flexibility to hold and exchange money in numerous currencies with highly competitive exchange rates, making it ideal for international travelers and digital nomads. Its exceptionally efficient international money transfer services are also a major draw, simplifying cross-border payments. The comprehensive suite of budgeting and financial management tools is highly praised for empowering users to better control their spending and savings. Revolut's commitment to a fully digital, mobile-first experience and its continuous introduction of new, cutting-edge features also contribute significantly to its strong appeal and user satisfaction.

What They Dislike

However, online reviews frequently mention that customer service is primarily conducted through the in-app chat function, which can be a source of frustration for users accustomed to immediate phone support or more traditional channels for complex issues. There have also been reports of temporary account freezes due to compliance checks, which, while necessary, can cause significant inconvenience and stress for some users. Additionally, its purely digital model means it operates without a physical branch network, which might be a drawback for individuals who prefer in-person banking services.

FAQs

Are loan offers ranked or biased in any way?

Score Credit is a free service for consumers. We partner with a network of vetted lenders and may receive compensation when a user checks their rate or takes out a loan through one of our partners. This helps us keep the platform free to use and maintain a high-quality experience. Our compensation has no impact on how your loan options are presented — you’ll always see real, personalized offers based on your credit profile and financial needs.

Does Score Credit receive compensation from lenders?

Score Credit is a free service for consumers. We partner with a network of vetted lenders and may receive compensation when a user checks their rate or takes out a loan through one of our partners. This helps us keep the platform free to use and maintain a high-quality experience. Our compensation has no impact on how your loan options are presented — you’ll always see real, personalized offers based on your credit profile and financial needs.

Revolut

's customers are saying...

Point was great!!!! They gave me money from my home equity when no one else would. I did not qualify for refi or reverse mortgage. They were fast and the customer service was great. I recommend them, highly.
Terri C.
I think is a better alternative to refinance similar in my opinion to a reverse mortgage. your immediate cash flow is not impacted if what you are trying to do is control your cashflow by eliminating smaller loans that do impact your current cashflow.
Jose Castillo
This HEI was a perfect fit for me. Retired and on a fixed income, I found I was paying interest on home equity loans each month. I never seemed to be able to reduce those loans, which meant I was cash-poor each and every month. I was able to pay off all those loans, leaving me with some cash each month. The payoff will happen when I sell my home in the future.
Bruce M.
The Point process was a lifesaver for me. It allowed me to get completely out of a lot of debt and to make the changes I wanted to make in my house to enjoy my old age. The application process was very easy - just get in what they ask you for as timely as possible. Crystal and John were two of the nicest people you could ever hope to meet. They both got things done as fast as possible - we closed in a month. I see this, especially for elderly people who don't have a lot of equity in their home and can't do a reverse mortgage, as another good option.
Bonnie C.