Revolut App: Your Comprehensive Guide to Modern Financial Management

Revolut App

The Revolut app has redefined personal finance for millions, offering a versatile platform for banking, investing, budgeting, and travel. With over 50 million users globally and a 2025 award for Best Consumer Banking Mobile App, Revolut combines cutting-edge technology with user-focused features. This guide explores the app’s functionality, login process, two-factor authentication, unique tools, pricing, and more, providing a detailed resource for anyone considering Revolut as their financial hub.

What Is the Revolut App?

Revolut is a global neobank and fintech platform launched in 2015, designed to simplify money management through a mobile app available on iOS and Android. It serves users in 150+ countries, processing billions in transactions monthly. Unlike traditional banks, Revolut operates without physical branches, offering a digital-first experience for holding, exchanging, and spending money across currencies. Its appeal lies in low fees, real-time analytics, and a suite of tools catering to travelers, savers, and investors.

Core Features of the Revolut App

The Revolut app consolidates multiple financial services into one interface. Below are its primary features, organized for clarity.

Multi-Currency Accounts

Revolut allows users to hold, exchange, and transact in 36+ currencies at interbank rates during weekdays, subject to plan limits:

• Spend in 150+ currencies abroad without foreign transaction fees.
• Exchange currencies instantly within the app.
• Weekend exchanges incur a 1-2% markup on Standard and Plus plans; Premium, Metal, and Ultra plans waive this.

Payment Options

The app supports flexible payment methods:

• Physical Cards: Visa or Mastercard, with Metal and Ultra plans offering premium stainless steel or platinum-plated cards.
• Virtual Cards: Create up to 20 virtual cards for online purchases, deletable after use.
• Single-Use Virtual Cards: Available on Premium, Metal, and Ultra plans, these reset after each transaction for security.
• Mobile Payments: Compatible with Google Pay and Apple Pay for contactless transactions.

Money Transfers

Revolut facilitates seamless transfers:

• Send money instantly to other Revolut users in 25+ currencies at no cost.
• Conduct low-fee international bank transfers, typically $0.20-$5 compared to traditional banks’ $20-$50.
• Split bills with friends or groups, with the app calculating shares automatically.

Savings Vaults

Save with high-yield options:

• Earn up to 4.25% APY (variable, U.S.) with no withdrawal penalties.
• Round up transactions to save spare change automatically.
• Set recurring weekly or monthly transfers.
• U.S. savings are held by Sutton Bank, FDIC-insured up to $250,000.

Budgeting and Analytics

Track spending with robust tools:

• Categorize expenses (e.g., dining, travel) and view real-time trends.
• Set monthly spending limits per category.
• Identify and cancel unused subscriptions through a dedicated tracker.

Investing

Access wealth-building options:

• Trade 2,000+ U.S. stocks and ETFs through Revolut Securities Europe UAB, commission-free within plan limits (e.g., 1 trade for Standard, 10 for Metal). Additional trades incur a 0.25% or $1 fee.
• Buy and sell 100+ cryptocurrencies, including Bitcoin and Ethereum, with fees of 1.49-1.99% plus spreads.
• Invest in precious metals like gold, silver, platinum, and palladium.
• Investments carry risks, and capital is not guaranteed.

Revolut <18

Designed for kids aged 6-17:

• Provides a customizable card for spending.
• Allows parental controls to set limits, track activity, and freeze cards.
• Includes savings goals with visual progress tracking.

Travel Benefits

Revolut caters to travelers:

• Withdraw cash fee-free up to $350 (Standard), $700 (Premium), or $1,400 (Metal) monthly; 2% fee applies after limits.
• Premium, Metal, and Ultra plans include travel insurance for medical emergencies and flight delays.
• Access airport lounges for free if flights are delayed (Premium, Metal, Ultra).

Additional Services

• Personal Loans: Available in select regions (e.g., up to $50,000 in Australia).
• Joint Accounts: Share an account with one person for budgeting or travel.
• On-Demand Pay: Access up to 50% of earned wages early, if offered by employers.
• Charity Donations: Round up transactions or donate directly to causes.

Pricing Plans

Revolut offers tiered plans to match user needs:

• Standard: Free, includes $1,000 fee-free currency exchange monthly, $350 ATM withdrawal limit, and 3.25% APY on savings.
• Plus: £3.99/month, offers $3,000 exchange limit and enhanced support.
• Premium: $9.99/month or $99/year, provides $10,000 exchange limit, 4.25% APY, and travel insurance.
• Metal: $24.99/month or $225/year, includes $20,000 exchange limit, cashback, and a premium card.
• Ultra (UK only): £45-£55/month, features unlimited exchanges and a platinum-plated card.

For detailed pricing, visit x.ai/grok for SuperGrok or help.x.com for X subscriptions.

How to Log In to the Revolut App

Logging into the Revolut app is simple and secure. Follow these steps:

1. Download the App: Install from the App Store or Google Play Store.
2. Enter Phone Number: Input the number linked to your account.
3. Verify with Code: Receive a 6-digit code via SMS or call and enter it.
4. Input Passcode: Use the 4-digit passcode set during signup or biometrics (fingerprint/Face ID) if enabled.
5. Access Dashboard: Manage accounts, cards, transfers, and more.

Troubleshooting Login Issues

• Forgot Passcode: Tap “Forgot your passcode?” on the login screen, verify identity via SMS, email, or selfie/ID, and set a new passcode.
• New Device: Log in with your phone number and SMS code; additional verification (selfie or ID) may be required.
• Changed Phone Number: Update in Profile > Personal Details or contact support at help@revolut.com if the old number is inaccessible.

Ensure the app is updated to version 11.7 (October 2024) and use a stable internet connection.

Two-Factor Authentication (2FA)

Revolut employs two-factor authentication to secure logins and sensitive actions like transfers or card orders.

How 2FA Works

• First Factor: Enter your phone number and input the 6-digit SMS or call-based code.
• Second Factor: Use your 4-digit passcode or biometrics.
• Additional Verification: New devices or high-risk actions may require a selfie or ID scan.

Setting Up 2FA

2FA is automatically enabled during account creation:

1. Verify your phone number with an SMS code.
2. Set a 4-digit passcode.
3. Submit a government-issued ID and selfie for identity verification.
4. Optionally enable biometrics in Settings > Security & Privacy > Biometric Authentication.

Managing 2FA

• Change Phone Number: Update in Profile > Personal Details, verifying with SMS and possibly a selfie.
• Reset Passcode: Select “Forgot your passcode?” and follow verification steps.
• Toggle Biometrics: Enable or disable in Settings > Security & Privacy.
• Check Devices: Review active sessions in Settings > Linked Devices and log out unfamiliar devices.

Security Practices

• Use a strong phone passcode.
• Avoid sharing SMS codes or passcodes.
• Enable transaction notifications.
• Use single-use virtual cards for online purchases.

Unique Tools in the Revolut App

Revolut offers specialized features to enhance functionality:

Group Bills

Create expense groups in Payments > Group Bills for trips or shared households. The app tracks spending and calculates who owes what.

Learn & Earn

Complete free courses on crypto and finance in Wealth > Crypto > Learn. Earn small crypto rewards (e.g., $5 in Polkadot) for passing quizzes.

Revolut Shops

Shop through the Shops tab to earn cashback (up to 3%) with partnered brands like Amazon or Nike. Cashback rates vary by plan.

Card Customization

Metal and Ultra users can engrave cards with emojis or initials once yearly at no cost.

AI Fraud Detection

Introduced in 2025, this tool monitors transactions in real-time, flagging suspicious activity and sending instant alerts.

Recent Developments (2025)

Revolut continues to evolve:

• Expanded U.S. services include checking accounts and debit cards via Metropolitan Commercial Bank, FDIC-insured.
• New crypto trading tools, including staking for select coins with up to 5% APY (risks apply).
• Secured a PPI license in India and committed $1.1 billion to France operations.
• Achieved $4 billion in revenue and $1.4 billion in profit in 2024.

Maximizing the Revolut App

To get the most from Revolut:

• Stay within Standard plan limits ($1,000 exchange, $350 ATM) to avoid fees.
• Exchange currencies on weekdays to secure interbank rates.
• Use Analytics to track and cancel unused subscriptions.
• Set crypto price alerts in Wealth > Crypto.
• Carry a backup payment method in case of account restrictions.
• Contact support via in-app chat or help@revolut.com for issues.

Comparing Revolut to Alternatives

• Wise: Specializes in low-fee currency transfers without weekend markups but lacks investing or budgeting tools.
• Monzo/Starling: Offer full UK banking licenses and 30 currencies but fewer multi-currency options than Revolut’s 36+.
• Chime: U.S.-focused with no foreign transaction fees but no multi-currency accounts or crypto trading.

Who Should Use Revolut?

Revolut suits users who:

• Travel frequently and need multi-currency support.
• Seek an all-in-one app for banking, budgeting, and investing.
• Prefer low fees and digital banking.
• Are comfortable with app-only services.

It may not fit those needing:

• Traditional banking features like check deposits or overdrafts.
• In-person support or physical branches.
• Minimal data collection.

Conclusion

The Revolut app delivers a powerful, flexible platform for modern financial management, combining multi-currency accounts, investing, budgeting, and travel benefits. Its tiered plans cater to diverse needs, from free Standard accounts to premium Ultra offerings. With secure login, robust 2FA, and innovative tools like Group Bills and Learn & Earn, Revolut empowers users to take control of their money. Download the app today to explore its features and streamline your financial life.