Just like « My French Bank », Revolut is a online banking considered one of the first international fintechs. From British origin, its activity is based on the bank accounts divided into free options or with a fee, depending on the benefits desired by the customer. Although located in United Kingdom, the bank accounts Revolut can be used in any foreign country, including France. There are many reasons why you can choose to open a Revolut account. But let's first see what this online bank is about.
What is Revolut?
Revolut is a fintech entity, i.e. a bank that operates only in a manner Digital. She was born in 2015 in the UK and offers flexible and low-rate money transactions. Over the years, it has become a implementation Financial Mobile offering personal and professional features. In 2020, she moved to Lithuania to maintain her services in Europe before the end of Brexit.
Moreover, Revolut is a neobank fully digital that seeks to help its 15 million customers improve their financial health by giving them control over their money. Already admitted in more than 35 countriesIt began its global expansion in the United States. Many positive reviews of customers who have operated Fintech services are also available on the Internet.
Why open a Revolut account?
The great popularity (and characteristic) of Revalut accounts lies in their multi-level system. Indeed, the online service offers three types of offers at the creation: Revolut Standard Account, Revolut Premium Account and Revolut Metal Account. Each has different advantages which increase as the user conducts banking operations.
Standard offer
The Revolut Standard accounts represent the service basic the neobank. This option Free allows the customer to spend in more than 150 currencies and launch a cash withdrawal from any Visa and Mastercard ABM in the world. In addition, payments are free of charge, no additional commissions or expenses and no fees or requirements up to the symbolic ceiling of EUR 6 000.
In addition, this service is accompanied by a prepaid card offered, the Revolut Visa Card, with which it is possible to make free transactions up to 200 euros/month. Exceeding this limit, a rate of 2% applies to withdrawals. Finally, thanks to this subscription, the mobile bank offers a transfer system free national and international and other interesting options.
Premium offer
Apart from the Revolut Standard account, all other bank offers have one-time and monthly rates. This is the case withRevolut Premium offer, accessible EUR 7.99 per month. By subscribing to it, a customer (foreign or foreign) benefits from all the basic choice features. On the other hand, interesting advantages such as contractsinsurance and use of crypto (bitcoin, ethereum, etc.) add.
Moreover, all the services the Premium account are eligible under the same conditions as the previous bank card: free fees, cash withdrawals (a maximum of 400 euros free) in any bank distributor, free cards (Mastercard) …
Metal supply
If you are still not satisfied, Revolut has one last banking option whose monthly subscription costs EUR 13.99 : the Revolut Metal account. Designed to have all the possible advantages of an online account, it offers the conditions of previous accounts, with a cashback 0.1% on any payment in Europe (including France). Outside the continent, this Rate Move to 1%. This is the ideal map for a travel abroad.
Always to value the scope of its services, the Metal account comes with a Personalised financial manager to help the client manage their capital well.
With all these conditions and additional qualities associated with creating an account, Revlout represents one of the best market offers online banking. It allows for ownership, exchange and transaction in different currencies and at reasonable rates. It also offers the possibility to benefit from third party services such as insurance and the use of crypto.
In addition, being a « mobile bank », all payments, transactions, expenses and other are measurable since the Revolut mobile application. Lintegrity data andinsurance The bank also takes account of secure payments. So many reasons why you have to open a Revolut bank account.
How do I open a Revolut account?
The main advantage of a neobank is that it is accessible online from any country on the planet. However, for the safety of its clients, Revolut restricts the creation of accounts to certain states, in particular those which are not located on the European and American continents.
To open a Revolut account, the customer has the ability to access directly the website or download its mobile app upstream. The application process can then be started once the connection has been established. The form fill in is easy and quick to fill in, as it requires only a few standard types of information:
- Mobile phone number;
- Client's first and last names;
- Date of birth, place of residence and e-mail address of the client;
- Client's clear identity photo.
Once all these operations are completed, the functionality of the mobile app (available for Android and IOS) or the online website becomes functional. To fully validate the account, make a transfer or transfer from another account you hold.
Revolut Opinion
Revolut is the neobank ideal for transactions, known for its application equipped with interesting features. In addition to the many advantages of currency, exchange charges, cashback rates and banking, the « mobile bank » provides customers with some Visa or Mastercard cards based on the monthly offer chosen (standard, premium or metal).
It is therefore particularly suitable for people who travel frequently and pay in different currencies abroad, as well as for Bitcoin or other crypto followers. In addition, banking services Revolut, sometimes freealso take into account insurance contracts with other banks, Google Pay and Apple Pay, all fixed to reasonable rates and affordable. Positive opinions are evidence of this.
All in all, as a customer established in France or abroad, it is possible and highly recommended to opt for Revolut online bank.