Review

Revolut Business review

Multi-currency banking with strong team spend controls, plus free formation.

Updated 2026-07-03 • Last reviewed 2026-07-12

Features

  • Multi-currency accounts
  • Spend controls and multiple team cards
  • Free company formation bundled in
  • Broader fintech feature set (budgeting, analytics)

Fees

  • Free tier with limits on FX volume before fees apply
  • Paid tiers raise those limits and add features

Pros

  • Strong for teams needing granular card and spend control across currencies
  • Free company formation
  • Broad feature set beyond pure banking

Cons

  • E-money institution in the UK (not a bank).
  • Account freezes and verification delays are common complaints.
  • Customer support is chat-only.

Best for

Businesses needing multi-currency accounts and advanced card controls.

Not ideal for

Businesses wanting phone support or FSCS protection.

Eligibility

UK-registered businesses.

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Alternatives

FAQs

Is Revolut Business better than Wise for currency exchange?

It depends on your volume and plan tier, Wise tends to be more transparent at high volume, Revolut can work out cheaper depending on your specific usage. Worth checking both providers' current rates against your real numbers.

Does Revolut Business support UK company formation?

Yes, free when you open an account.

Not sure Revolut Business is the right fit?

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