Banks vs. Revolut: Why More and More People Are Making the Switch

Banks vs. Revolut: Why More and More People Are Making the Switch Vicki Love January 24, 2023 Banks vs. Revolut: Why More and More People Are Making the Switch Are you tired of paying hidden fees and sky-high exchange rates when you use your bank for international payments? You’re not alone; more and more people are making the switch to Revolut. Revolut offers low fees, great exchange rates and a wide range of features that make it easier than ever to manage your finances abroad. In this blog post, we’ll look at how Revolut compares to traditional banks and why more and more people are making the switch.   Say goodbye to fees We know how annoying it can be when you have to pay fees for transferring or spending money abroad. That’s why Revolut has made it their mission to help you save money. We don’t charge you any fees for spending or transferring money abroad, allowing you to save your hard-earned money for something more important. With Revolut, you won’t have to worry about being charged an extra fee when you’re sending money home or making a purchase overseas. So say goodbye to the old days of paying high fees and start using Revolut today! Spend like a local with the best exchange rates At Revolut, we believe that everyone should have access to the best exchange rates no matter where they are. With Revolut, you can get up to 8x better exchange rates than banks. So whether you’re in Europe, North America, South America, Africa, or Asia, you can spend like a local with the best exchange rates possible.  Our technology allows you to pay in over 130 different currencies from your Revolut account, so you don’t have to worry about carrying multiple currencies with you. You also get notified when there’s a better rate available. This means that you’ll always get the most for your money and save on every transaction. Plus, we don’t charge any markups or commissions, so you don’t have to worry about hidden fees. We believe in complete transparency and no surprises, so you can be sure that you’re getting the best deal.  With Revolut, you don’t have to worry about complicated currency conversions when you travel abroad. With the best exchange rates, you can always be sure that you’re getting the most bang for your buck.   Get your salary paid in foreign currency At Revolut, we understand how important it is for you to receive your salary in the currency of your choice. That’s why we make it easy for you to have your salary paid directly into a Revolut account, allowing you to receive it in the currency of your choice.  Whether you’re based in the UK or abroad, you can use Revolut to have your salary paid in euros, US dollars, or any other supported currency. All you have to do is enter your details and we’ll convert your salary into the currency of your choice and send it directly to your Revolut account. Revolut also makes it easy to track your salary payments and transfers. We provide real-time notifications and balance updates so that you can always be in control of your finances. Plus, our automated budgeting feature will help you keep track of your spending, ensuring that you’re never overspending.  Get started with Revolut today and take back control of your salary. Our advanced technology and security features mean that you can be sure that your money is safe, secure, and always under your control.   Send money home for free Sending money home to friends and family is often a costly and time-consuming process. With Revolut, you can do it for free. Our global transfer network allows you to send money abroad with no fees and at the interbank exchange rate. It’s quick, secure, and available 24/7.  You can use the app to send money in more than 30 currencies directly to your recipient’s bank account. You can also top up mobile wallets like Apple Pay Cash, Google Pay and PayPal, giving your loved ones access to their funds in a matter of minutes.  With our intuitive design, sending money has never been easier. Simply select the currency you want to send and enter your recipient’s details. Then choose how much you’d like to send and hit send. Your transfer will be complete in a few minutes and your money will arrive safely and securely.  So the next time you need to send money abroad, skip the fees and the hassle. With Revolut, you can send money home for free.   Access your account anywhere in the world With Revolut, you can access your account from any device, anywhere in the world. That means you no longer need to worry about setting up local bank accounts when travelling. You can easily transfer money between countries and currencies, and pay for goods and services with just a few taps on your phone. And because your account is stored securely in the cloud, you can check your balance and make payments even when you’re out of reach of an internet connection. No matter where you are in the world, you’ll always have access to your funds with Revolut. Track your spending in real time With Revolut, you can track your spending in real time and take control of your finances. We offer a convenient way to view all of your spending in one place, across multiple currencies. With our app, you can easily categorize your transactions, set budgets and spending limits, and analyze your spending patterns.  Our real-time spending tracking tool helps you stay on top of where your money is going, so you can make sure you’re sticking to your budget. You can also use this feature to view the balance in each of your currency accounts, as well as to set up payment reminders for upcoming bills or payments. This way, you’ll never miss a payment and avoid any late fees.  In addition to