Revolut Business provides two categories of business current accounts that are designed for freelancers and businesses that are offered as tiered accounts with different features and prices. Below we look at reviews for the company along with the accounts they offer, how much they cost and other key things you need to know to help you decide which business bank account provider is right for your business.
Revolut Business Reviews
Below we look at reviews for Revolut Business from a variety of websites. Please keep in mind that these reviews are for all of Revolut Business’s services and so may not fully reflect their business offerings.
Revolut Business Business Services Plans, Packages & Prices
Revolut Business offers a range of business current accounts that include:
- Accept online payments
- Send and receive international payments
- Caters for over 28 currencies
- Free international and local payments within plan allowances
- Multiple accounts allowed
- Smart company cards can spend in over 150 countries
- Physical and virtual cards
- Automate expenses
- Capture receipts
- Integrate with tools including accounting tools
- Access discounts and rewards
- 24/7 support for all paid plans
They offer two types of plans which are tailored to their needs, these are Freelancer and Company. Each of these plans may have different transaction charges, transaction limits and additional services.
The Freelancer plan charges are:
- Free – £0
- Professional – £7 per month
- Ultimate – £25 per month
The Company plan charges are:
- Free – £0
- Grow – £25 per month
- Scale – £100 per month
- Enterprise – custom plan
Note plans, packages and prices were all accurate at the time of publication (April 2021) but may have changed since then. Please check Revolut Business’ website for the latest information.
Revolut Business Background
Revolut was founded in 2015 as a money exchange and transfer business which subsequently expanded its product range to include personal and business accounts. They expanded their products to help assist their customers with their financial health, increase their control and allow them to connect across the world.
Revolut aimed to reinvent how people and businesses handle their money and to empower them towards financial freedom. They currently have 15 million personal customers and over 500,000 business customers across over 35 countries, and they have offices around the world including in London. Their app is designed to help their customers to manage their money locally and in over 30 currencies.
Revolut offers a variety of business bank accounts that are designed for either sole traders or companies. They provide a range of accounts that offer a variety of different transaction allowances and functionality within the app.
Switching To Revolut Business
If you want to switch to Revolut Business, you can do this on their website in minutes by selecting the type of business you have so that they can tailor their application and account options to your business.
Additional Business Services From Revolut Business
Revolut Business doesn’t currently offer any other services to businesses.
Revolut Business Business Service Availability
Revolut Business offers its business bank accounts to companies and sole traders in the European Economic Area. This includes private limited companies, public limited companies, limited liability partnerships and partnerships.
They do not support all businesses and industries so you will need to check whether your business is eligible for an account with them.
Revolut Business Business Customer Service and Complaints
You can contact the Revolut Business customer service team through their in-app chat 24/7 depending on your plan.
Revolut Business Business Contact
You can get in contact with Revolut Business by:
- In-app chat 24/7 depending on your plan
- Post – 4th Floor, 7 Westferry Circus, London E14 4HD
Revolut Business Business Services Pros/Cons
- Offers free plans
- 24/7 chat available on some plans
- Positive customer reviews based on a large number of reviews
- Caters for a variety of currencies and even more transactions in other countries
- Physical and virtual cards
- Tools to help support finance admin
- No branches
- Customer service only available via in-app chat
- Lesser well-known provider