It started in 2015 as a travel card that provides inexpensive exchange rates. Attica Bank Revolut… it is now a bank.
It is the fastest growing digital bank with the largest variety of features. A top option for those who take a trip often. In the UK it might not be able to fully change your bank.
While at the time of composing it is not running as a bank, it is gradually becoming one, having actually gotten a challenger bank license from the European Central Bank in December 2018. In early 2021 it likewise used for a UK banking license and a bank charter in the US.
today we’re going to be reviewing with the goal to assist you answer 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 caused us providing an 8.6 this will help us decide whether we can trust with our cash as
Is Attica Bank Revolut the world’s first?
well as get a clear photo of their services and advantages their charges and currency exchange rate and also see how their customers rate established in 2015 is a personal company with over 2 000 workers they’re an acclaimed business and in 2020 won the uk tech awards for company of the year since december 2021 their accounts and cards are readily available to customers residing in the uk us eu and eea countries australia singapore switzerland and japan regrettably 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 granted by the european central bank in poland and lithuania this enables them to provide banking services in a variety of european countries consisting of bulgaria croatia romania slovenia in addition to france italy and portugal and more nevertheless they’re yet to be approved a banking license in the uk the us or anywhere else they operate however even if they’re not a traditional bank and don’t have a banking license
in certain countries does not mean your cash isn’t safe are actually required to safeguard your cash with larger banks with a bank like lloyd’s or barclays so if were to fail your cash would be safe and because of this and the truth they’re totally managed by the fca in the uk and certified as a bank in specific european countries we scored an 8.9 for trust and trustworthiness with over 16 million customers currently trusting with their money we believe you can absolutely trust them with yours has actually been extremely innovative when it comes to banking their mobile app unlike traditional banks is unique beautifully designed and truly stands apart for its numerous functions and offerings when you at first sign up you’ll be asked to choose a plan there are four readily available requirement which is complimentary plus premium and metal these are their prices in the uk however they may differ depending on where you lie the basic offerings of are readily available across all strategies that includes a bank account with its budgeting and automatic cost savings benefits currency exchange
global spending atm withdrawals quick and basic money transfers consisting of expense splitting so you can quickly send and request cash in addition to stocks and crypto trading nevertheless the various strategies will offer you greater advantages within each of these basics for example the more expensive to plan the more money you can withdraw from an atm without incurring a fee with the basic free plan depending which precedes you’re either restricted to a total of 200 pounds or five atm withdrawals monthly with plus premium and metal you are not limited to a variety of withdrawals nevertheless you do have an optimum amount you can withdraw without sustaining a charge has a terrific cost savings product readily available called the savings rise it has excellent interest rates which really increase when you’re on a higher strategy and also some excellent ways to transfer your money consisting of extra change which is a function in the app where will round up your card purchases to the closest whole number and stash the distinction in your cost savings rise so if you were wanting to utilize revolu as a means of conserving money and gathering interest then this could be a great choice for you if you’re aiming to often send money internationally with revolu the premium and metal plan may be much better for you in addition to they have an allowance of fee exempt month-to-month transfers generally with the complimentary strategy you will
sustain charges when moving cash with premium you get one and with metal you get three cost totally free transfers and if you intend to use revolut to buy and sell crypto you can do this with any strategy other than you’ll require the most expensive metal strategy if you wish to withdraw your crypto out of revolu and into an external wallet there’s likewise no 24 7 priority consumer support for the basic free strategy but don’t be deceived by this it does not mean you will not be able to speak to someone if you require help i’m on the basic plan and i jumped Attica Bank Revolut