It started in 2015 as a travel card that offers inexpensive currency exchange rate. Revolut Card Dollars Cash… it is now a bank.
It is the fastest growing digital bank with the widest range of functions. A top choice 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 slowly becoming one, having gotten an opposition 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 examining with the objective to assist you answer questions like must 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 providing an 8.6 this will help us choose whether we can rely on with our money as
Is Revolut Card Dollars Cash the world’s first global financial superapp?
well as get a clear photo of their services and advantages their charges and exchange rates and likewise see how their clients rate established in 2015 is a private 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 readily available to clients residing in the uk us eu and eea nations australia singapore switzerland and japan sadly no canada or new zealand however new zealand is looking likely in the near future if you visit their site they say they have a banking licence which was granted by the european reserve bank in poland and lithuania this permits them to provide banking services in a variety of european nations consisting of bulgaria croatia romania slovenia in addition to france italy and portugal and more nevertheless they’re yet to be granted a banking license in the uk the us or anywhere else they operate however just because they’re not a standard bank and do not have a banking license
in certain countries does not indicate your money isn’t safe are actually required to secure your money with larger financial institutions with a bank like lloyd’s or barclays so if were to fold your cash would be safe and because of this and the fact they’re fully 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 customers already trusting with their money we believe you can definitely trust them with yours has actually been really ingenious when it concerns banking their mobile app unlike standard banks is unique wonderfully created and truly stands apart for its different features and offerings when you initially register you’ll be asked to choose a strategy there are 4 available requirement which is totally free plus premium and metal these are their rates in the uk however they might differ depending on where you lie the essential offerings of are offered across all plans which includes a current account with its budgeting and automatic savings advantages currency exchange