What is Revolut? – The Good and the Bad of the World’s Most Popular Digital Bank

What is Revolut? – The Good and the Bad of the World’s Most Popular Digital Bank

Founded in 2015 amid a wave of new digital neobanks, Revolut stands out for offering free bank accounts, best in class foreign exchange margins, while also offering features such as cryptocurrency exchange and stock trading facilities.. When you open an account you'll be able to add accounts for up to 29 different currencies, and exchange between your accounts at the interbank exchange rate -far better than any currency exchange house.. Opening an account can be done for free, though there may be charges to receive your debit card in the mail.. The digital bank also offers paid accounts that have additional features and can accommodate higher volumes of currency transfers.. Exchange currency at interbank rate, hold multiple currencies Perks for travellers. The Premium account has a charge of €7.99 a month or €82 a year.. The Premium account is design for people that intend to exchange large amounts of money each year.. The Metal account has additional features - apart from the stylish fully metal card (it weighs 18 grammes) - including a 24/7 concierge service, 0.1% cashback on purchases. To get first debit card there is a delivery fee of €5.99.. For replacement cards there is a fee of