It started in 2015 as a travel card that supplies low-cost exchange rates. Revolut Card Container… it is now a bank.
It is the fastest growing digital bank with the best variety of features. A leading option for those who travel frequently. In the UK it may not be able to completely replace your bank.
While at the time of writing it is not running as a bank, it is slowly ending up being one, having actually gotten 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 US.
today we’re going to be examining with the goal to assist you answer concerns like ought to 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 rating and what led to us giving them an 8.6 this will assist us decide whether we can rely on with our cash as
Is Revolut Card Container the world’s first global financial superapp?
well as get a clear picture of their advantages and services their costs and exchange rates and likewise see how their consumers rate developed in 2015 is a personal company with over 2 000 employees they’re an acclaimed company and in 2020 won the uk tech awards for company of the year since december 2021 their accounts and cards are offered to customers living in the uk us eu and eea nations australia singapore switzerland and japan unfortunately no canada or new zealand nevertheless brand-new zealand is looking likely in the future if you visit their site they state they have a banking licence which was approved by the european reserve bank in poland and lithuania this allows them to use banking services in a variety of european countries consisting of 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 but even if they’re not a conventional bank and don’t have a banking license
in particular countries does not indicate your money isn’t safe are really required to safeguard your cash with larger 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 totally regulated by the fca in the uk and accredited as a bank in particular european countries we scored an 8.9 for trust and credibility with over 16 million consumers already trusting with their money we believe you can absolutely trust them with yours has been very innovative when it concerns banking their mobile app unlike conventional banks is distinct beautifully designed and truly stands apart for its various features and offerings when you initially sign up you’ll be asked to choose a strategy there are 4 available standard which is totally free plus premium and metal these are their costs in the uk however they might vary depending on where you’re located the basic offerings of are offered throughout all strategies that includes a bank account with its budgeting and automatic cost savings advantages currency exchange