Is Revolut better than Starling?

Winner: Tie. Both have a free account that can be linked to a kids' card or account. If you're after a joint account or a business account, then head over to Starling, but if you want a paid-for premium account with some perks, check out Revolut.

What is better Revolut or Starling Bank?

Fairer Finance, which compiles independent ratings of financial providers records Starling Bank as having 75% for its customer experience rating for its bank account. Revolut is just slightly behind with a score of 65%. Both providers are ahead on ranking than high street banks including Santander, NatWest, Barclays.

What bank is better than Starling?

Monzo's budgeting features are slightly better than Starling's as you can set budgets for spending categories and there is also the option to get your salary paid a day early.

Is Revolut still the best?

Revolut is great for spending while abroad. The competitive exchange rates help you save when paying in different currencies, and you can hold a range of currencies on your account. Check our currency converter to learn more about exchange rates. Additionally, you can transfer money internationally in 70+ currencies.

What is the downside of Revolut?

While Revolut doesn't offer a full banking service (no overdraft or credit, and you can't pay in cash or cheques) it will suit those who need an account for travel and foreign exchange services at decent rates, but who don't need to use it as a day-to-day bank account.

Starling vs Revolut: Which is Better? (2024)

Which country most use Revolut?

Revolut Users by Country

The United Kingdom has the most Revolut users, at 6.8 million in 2023.

Who is Revolut's biggest competitor?

Revolut's competitors and similar companies include Chime, Starling Bank, BrainTree, Green Dot, Monzo Bank, N26, WorldRemit, Wise and Swissquote. Revolut is a financial technology company that provides online banking services.

Is Revolut worth getting?

Revolut is great for spending while abroad. Competitive exchange rates help you save when paying in different currencies, and you can hold a range of currencies on your account. Check out our currency converter to learn more about exchange rates. Additionally, you can transfer money internationally in 70+ currencies.

Why use Monzo or Revolut?

Revolut has a slightly higher score of 4.3 out of 5, compared to 4.1 for Monzo. Consumers praise the Revolut app for being simple to use and having very low costs for money transfers and exchange. For Monzo, customers said the app is flexible and reliable and that customer support is excellent.

Why is Starling Bank so good?

Industry-leading app security.

Your money is protected up to £85k by the FSCS. We're a digital bank, built from scratch with some of the world's best banking security. Codes, face and fingerprint recognition are just a few of the ways we help to keep your money safe.

Is Starling Bank losing money?

It is top of mind as we report our second full year of profitability. For the financial year ending 31 March 2023, we recorded a pre-tax profit of £195m, a 6x increase from last year's figure of £32m.

Why is Starling Bank better?

Starling Bank will show you real-time balances and send instant payment notifications so you can track your spending. You can access spending insights that give you a breakdown of your spending habits so you can budget better and understand exactly where your money goes.

Why is Revolut so good?

Unlike high street banks, Revolut allows you to set up an account with no paperwork. They say that it is possible to open a Sterling or Euro account in 60 seconds as initially, they do not carry out any credit checks or require proof of address. Revolut customers can order a physical or virtual card.

Can you trust Revolut?

Your money, protected

We've been guarding funds like the crown jewels since 2015. How? Your money is held in a safeguarded account with a regulated bank or in high quality liquid assets. Your savings are deposited with partner banks.

Which app is better than Revolut?

FAQ About the Best Bank and App Alternatives to Revolut

These include Chime, N26, Wise, and Monese. On the international money transfer front, we particularly recommend Remitly because it consistently ranks as the best choice for transfers from the UK, the US, and the Eurozone.

Does Revolut have a future?

Looking ahead, our focus is on continued growth across all our markets. We remain committed to our ongoing UK banking licence application in addition to bringing the Revolut app to new markets and customers around the world.

What countries are not supported by Revolut?

We do not currently support transfers from the following countries (this list may change at any time): Afghanistan, Algeria, Bahamas, Belarus, Bolivia, Burkina Faso, Burundi, Central African Republic, Congo (the Democratic Republic of), Côte d'Ivoire, Cuba, Egypt, Eritrea, Eswatini, Ethiopia, Guinea, Guinea-Bissau, ...

Is Wise better than Revolut?

While the Wise platform tends to focus on low fees, Revolut's strength lies in the versatility of banking services. Both systems offer a variety of financial benefits, it just depends on your top business needs. If you're in need of a successful payments platform, it's essential to perform a little legwork first.

Is Revolut a Russian company?

Revolut was founded on 1 July 2015 by Nikolay Storonsky from Russia and Vlad Yatsenko from Ukraine. The company was originally based in Level39, a financial technology incubator in Canary Wharf, London. It began offering cryptocurrency services in 2017, beginning with crypto trading.

Are the owners of Revolut Russian?

Nikolay Storonsky (born 21 July 1984) is a Russian-born British businessman. He is the co-founder and CEO of the financial technology company Revolut.

Is bunq better than Revolut?

Revolut may be more attractive to frequent travelers and those who frequently use foreign currencies, while Bunq may be a better fit for European residents looking for a more sustainable banking experience and local services.

Can I use Revolut in Germany?

Yes, Revolut is available in a wide range of countries in the European Economic Area (EEA), including Germany. ¹ This means you can download and use the mobile app, transfer money, open an account and use your Revolut card to spend throughout Germany.

What countries are high risk Revolut?

Currently, these countries and territories are Cuba, Iran, North Korea and Syria, as well as Crimea, Donetsk, Luhansk, Kherson and Zaporizhzhia regions.

Is Revolut a Visa or Mastercard?

Revolut is using Visa for its credit card and new markets.