Revolut Business Accounts

by Mark Alexander

10:41 AM, 20th February 2019
About 4 weeks ago

Revolut Business Accounts

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Revolut Business Accounts

Since Revolut started in business they have attracted over 3,000,000 clients with virtually no advertising at all. I am one of them. There are over 50,000 Revolut users in Malta alone, and the population is only 440,000!

Their Mastercard has saved me an absolute fortune in exchange rates and commissions whilst I’ve been travelling to various Countries, in my case 18 different Countries in the last 12 months alone!

I’m interested to know how many other Property118 readers use Revolut and what you think of their service.

I have been so impressed with them I’ve opened a business account with them today too. I’d be interested to hear from others who have also done this and what your thoughts are in regards to that service.

Here’s a link to check it out for yourself >>> https://revolut.com/business?ref=alexanzhh 

I have not been paid to publish this article, nor do I receive commission if you join.



Comments

Terence Chua

14:57 PM, 20th February 2019
About 4 weeks ago

Hi Mark, I always enjoy reading your website and articles. I have been using Starling Bank Business Account with no monthly fees. However, only companies with one PSC are allowed to join at the moment.

John Parfett

4:34 AM, 21st February 2019
About 4 weeks ago

I’ve not looked into the business account offering but the standard account is fantastic. Changed Canadian $, USD, Euros all at rates better than anywhere else. Currently in New York & haven’t had to use the cash I ordered (just in case) because everywhere accepts my Revolut card. A genuine no brainier in my opinion.

russell branch

8:51 AM, 21st February 2019
About 4 weeks ago

I live in Bangkok and tried to use my Revolut card here and they want 220 baht which is more than £5 to make a withdrawal. I declined the transaction and used my Thai Visa card for a charge of 20baht. I also compared Revolut rates with that of Transferwise and the latter gave a better rate for foreign exchange even allowing for their fee. So thumbs down to Revolut in my circumstances.

Chris Antony

18:42 PM, 21st February 2019
About 4 weeks ago

We've used Transferwise for some international transfers and it worked very well. The exchange rate was mid-market and the charge about 0.5%. They also have a free multi-currency borderless account with a Mastercard debit card details here: https://transferwise.com/gb/borderless/#coverage
Worth comparing with Revolut to see which is best for you.

Caroline Brooks

19:57 PM, 21st February 2019
About 4 weeks ago

Hi Mark
I've got a Revolut card and think it's absolutely brilliant and really easy to use. I've used it in various countries and never had a problem spending or withdrawing cash. It still works out cheaper to pay their commission, if withdrawing more cash than the monthly allowance, than to use my bank card. It's so good being able to transfer from my bank just before I spend. I recently made a £600 payment in Thai Baht and it worked out £30 cheaper than my usual card. My husband also has one, so we have double cash withdrawal allowance. I've been more than happy with the free one, as it has done everything I need it to do.

I've recommended it to loads of people and they've also been pleased with it.

Mark Alexander

20:03 PM, 21st February 2019
About 4 weeks ago

Reply to the comment left by Caroline Brooks at 21/02/2019 - 19:57
I started with the free one but upgraded to Metal because the Travel Insurance is so good and we do so much travelling. The metal card itself is pretty cool too, it gets lots of attention.

Caroline Brooks

21:57 PM, 21st February 2019
About 4 weeks ago

Reply to the comment left by Mark Alexander at 21/02/2019 - 20:03
Hi Mark

I get a really good travel insurance policy with my bank account, otherwise I would upgrade.

The new metal cards do look really cool, I'm just too tight to pay for it. 🙂

Mark Alexander

22:00 PM, 21st February 2019
About 4 weeks ago

Reply to the comment left by Caroline Brooks at 21/02/2019 - 21:57
I had really good travel insurance with my Coutts Silk card but I cancelled it because I think the Revolut one is even better

Caroline Brooks

22:03 PM, 21st February 2019
About 4 weeks ago

Reply to the comment left by Mark Alexander at 21/02/2019 - 22:00
I get mine free with my Lloyds Private banking account. I don't pay for this as I keep a certain amount of money in the account. With the interest rates being so low it works out cheaper to keep it in the bank earning no interest. The benefits for the account are really good, free worldwide insurance, mobile phone insurance, AA, Experian and a few other bits I can't remember. I have claimed on the insurance and it was very easy. If they ever change their account criteria I will definitely going with Revolut and getting myself a nice metal card.

Bill Williams

11:11 AM, 23rd February 2019
About 4 weeks ago

I was a Revolut customer in the UK, but when I moved to Cyprus they refused to change my address, said I should have changed it before I left the UK. I had no choice but to cancel.
I now use Transferwise who as well as providing very competitive transfer rates , have provided me with a multi currency debit card and account, which I can use to spend in any of the currencies in my account, draw cash, or to transfer currencies overseas to other bank accounts.

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