what is revolut app

1 year ago 59
Nature

Revolut is a neobank and financial technology company that offers banking services through a mobile app. It is a digital alternative to traditional banking, offering a set of low-cost solutions that still allows you to have an exclusively online account and an associated debit card. The app offers a range of services, including currency exchange, debit cards, virtual cards, Apple Pay, interest-bearing "vaults", stock trading, crypto, commodities, and other services. Some of the key features of the Revolut app include:

  • Currency exchange: Revoluts mobile app supports spending and ATM withdrawals in 120 currencies and transfers in 29 currencies directly from the app.

  • Investments: Revolut provides an equities trading facility, with access to a range of US stocks and fractional share purchase/sale.

  • Travel: Revolut offers travel perks such as travel cards, insurance, and hotel bookings.

  • Savings: Revolut offers interest-bearing "vaults" where users can save money.

  • Transfers: Revolut allows users to make peer-to-peer payments directly from the app.

Revolut offers different plans with varying fees and features. The Standard plan has no monthly fee, while the Premium and Metal plans have monthly fees of $9.99 and $16.99, respectively. The app has received positive reviews from users and is rated highly in both the Google Play store and the Apple store. Revolut's customer support is available 24/7 through the platform's live chat.