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Are Revolut a good bank?

woeestme · 2023-03-17 15:54:31

They seemed to have a lot of promotion in the last few years. I believe they're popular amongst EU people? Are they trustworthy? How easy is it to set up with them? Thx.

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Band7 Posts: 2,285 Forumite

18 March 2023 at 6:48PM

Marchitiello said:

(Are they restricting bank account by residence?

AFAIK, yes, they do. As a UK resident, you can only get the account they are licensed to provide in the UK, and that won't have any FSCS until you can upgrade to their bank version - which they can't make available until they have managed to get their UK banking licence application approved

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Are Revolut a good bank?

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