It started in 2015 as a travel card that provides inexpensive currency exchange rate. Uber Revolut Card… it is now a bank.
It is the fastest growing digital bank with the largest series of functions. A leading choice for those who travel often. However, in the UK it may not be able to fully replace your bank.
While at the time of composing it is not running as a bank, it is gradually becoming one, having received a challenger bank license from the European Central Bank in December 2018. In early 2021 it likewise applied for a UK banking license and a bank charter in the United States.
today we’re going to be evaluating with the goal to assist you respond to concerns like must 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 score and what led to us providing an 8.6 this will assist us decide whether we can rely on with our cash as
Is Uber Revolut Card the world’s first global financial superapp?
well as get a clear image of their services and advantages their costs and exchange rates and also see how their consumers rate developed in 2015 is a personal company with over 2 000 employees they’re an award-winning 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 regrettably no canada or new zealand however 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 reserve bank in poland and lithuania this allows them to use banking services in a variety of european nations including bulgaria croatia romania slovenia along with france italy and portugal and more however they’re yet to be granted a banking license in the uk the us or anywhere else they operate but even if they’re not a conventional bank and do not have a banking license
in particular countries does not imply your cash isn’t safe are actually required to protect your money with bigger financial institutions with a bank like lloyd’s or barclays so if were to go bust your cash would be safe and because of this and the fact they’re completely regulated by the fca in the uk and accredited as a bank in specific european nations we scored an 8.9 for trust and credibility with over 16 million consumers already relying on with their money we believe you can definitely trust them with yours has been really ingenious when it concerns banking their mobile app unlike standard banks is unique beautifully created and truly stands out for its numerous features and offerings when you initially register you’ll be asked to pick a plan there are 4 available requirement which is free plus premium and metal these are their rates in the uk but they may vary depending upon where you’re located the fundamental offerings of are readily available throughout all plans that includes a current account with its budgeting and automatic savings advantages currency exchange