Revolut Business Account Review 2024: Fees, Features, and More

What are Revolut’s Business Account Features?

Revolut Business Account is a popular multi-currency account offering a wide array of features tailored to meet the needs of various business sizes and types. These include functionalities like local payments, foreign exchange, crypto exchange, expense tracking, automated bulk payments, team member permissions, and multiple corporate cards.

Eligibility criteria for Revolut Business Account

Revolut Business provides eligibility for Limited Companies, Partnerships, and Sole Traders. The business must be based in one of the countries where Revolut Business operates and comply with their terms and conditions. Certain industries might be excluded, and illegal activities are of course, not supported.

 However the platform is flexible and offers services to a broad array of businesses including local entrepreneurs, ambitious startups, and substantial enterprises. One of the basic eligibility criteria is to provide necessary identification and company credentials. There may be additional or specific requirements depending on the local laws and regulations or the business plan chosen. Revolut believes that every business, regardless of its size or the field it operates in, should have access to advanced banking solutions. As a result, their system has been designed to be as inclusive as possible while remaining within the bounds of financial regulation and legislation.
To open a business account, is really straightforward: the initial step involves filling out a brief online application form, requiring about 10 minutes of your time. Subsequently, Revolut will proceed with examining the business account application as a component of their comprehensive business onboarding process. This step ensures that all the provided details align with the company’s norms and regulations. Once the onboarding stage is triumphantly completed, the applicant’s business account becomes fully operational and ready for use. The entire process reaffirms the simplicity and efficiency that Revolut stands for.

Revolut business account pricing

Revolut offers a diversity of business account options to cater to varied needs in the professional world — whether that’s a company or a freelancer.

  • Company Account: Revolut has carefully designed four plans — Free, Grow, Scale, and Enterprise for company. The Free package is ideal for young businesses seeking to consolidate their finances. In contrast, the Grow plan is designed for growing enterprises that need more refined and scalable tools. The ‘Scale’ package goes a step further, offering advanced features for larger, more complex operations looking to streamline their financial management. Lastly, the extravagant Enterprise plan is tailor-made for businesses that require custom solutions.

  • Freelancer Account: Revolut also offers three plans specifically for freelancers – Free, Professional, and Ultimate. The Free plan provides solutions for freelancers aiming to separate their personal and professional finances without any additional costs. The Professional plan offers enhanced features offering greater control and convenience, facilitating seamless financial management. The Ultimate plan amplifies the perks even further, making it the supreme choice for high-demand freelance professionals.
Sign up today and unlock 1 month of a paid plan without subscription fees (T&Cs apply)

Revolut Business Account Fees for Company

Revolut delivers a range of Business Account plans designed to meet the varied needs of companies – from startups and growing businesses to large enterprises. The available plans are Grow, Scale, and Enterprise, each offering a suite of services for seamless financial operations and effective financial management.

The Grow plan, priced at £25/month, is ideal for emerging businesses with an increasing volume of transactions and team expansion on the horizon. It provides 100 free local transfers, free international transfers, and competitive exchange rates with a 0.4% markup beyond the free allowance.

The Scale plan comes in at £100/month and is aimed at businesses that handle a high volume of financial operations. It includes 1,000 free local transfers, unlimited free international transfers, and a generous FX allowance.

For large corporations with unique and complex requirements, Revolut offers the Enterprise plan. This customisable plan accommodates specific needs of the business, featuring personalised solutions and pricing.

Across all plans, payments to other Revolut accounts are free and unlimited, and adding team members comes at no extra charge. Strategies such as plastic and virtual cards, unlimited monthly spends, and optional advanced features like payroll and expenses apps are also available. Variables such as local and international transfers, FX allowances, and pricing for additional services are determined by each specific plan.

Revolut’s business plans, designed for flexibility and dependability, have competitive rates and robust features. However, fees and rates are subject to change, so always consult the official Revolut pricing page for accurate, up-to-date information. With Revolut, companies can harness robust, user-friendly tools to streamline their financial operations effectively and efficiently.

Revolut Business Free Plan

FeatureLimit/AllowanceCost
Subscription FeeN/AFree
Local Transfers5 Free/month, excluding USD, GBP, EUR, and CHF£0.2 each for additional transfers
International TransfersNone£5/transfer. If transfer made to a local account in the USA, £8/transfer
ACH TransfersNone0.2% fee (min £0.5)
FX AllowanceUp to £1000/month free0.6% fee if limit is exceeded
CardsOne free per team memberFee for additional cards
ATM WithdrawalsFees applyN/A
Expenses AppPer active team member£5/member
Payroll AppPer active team member£3/member
Exchange RatesDepends on the parameters of your exchangeVaries

Revolut Business Grow Plan

FeatureLimit/AllowanceCost
Subscription FeeN/AFrom £19/month
Payments to Revolut AccountsUnlimitedFree
Team MembersUnlimitedFree
Local Transfers100 per month (excludes incoming transfers in USD, GBP, EUR, and CHF)£0.2 per transfer after free allowance
Guaranteed SWIFT OUR TransfersNoneVariable fee applies
International Transfers5 per month (excludes incoming transfers in USD, GBP, EUR, and CHF)£5 per transfer, £8 per transfer to a USA local account outside your home country
ACH TransfersNone0.2% of the transfer amount (min £0.5)
Free FX Allowance£10,000 / month0.6% fee beyond free allowance
Plastic Card1 per team memberStandard delivery £4.99, Express delivery varies
Metal Card1 per businessincl. free express delivery £49, replacement £39.99
Additional Plastic/Metal Card Above Free AllowanceStandard delivery £4.99, Express delivery varies
ATM Withdrawals2% fee on all withdrawals
Expenses App£5 per active team member
Payroll App£3 per active team member
Physical Cards Limit3 per team member
Virtual Cards Limit200 per team member
Monthly Card SpendUnlimited
Monthly Top-upUnlimited
ATM Withdrawal Limit£3000 per 24 hours or equivalent in other currencies

Revolut Business Scale Plan

FeatureLimit/AllowanceCost
Monthly SubscriptionN/AFrom £79/month
Cards60 Free Physical Cards£5 each for additional cards
ATM WithdrawalsFirst £10,000/month2% fee after limit
Local PaymentsFirst 1000 transfers/month£0.20 each for additional transfers
International Payments10 Free transfers/month£3 each for additional transfers
SEPA TransfersUnlimitedFree
FXUp to £100,000/month free0.4% markup after limit
InvoicingFree in account’s base currencyVaries if not base currency
Receiving PaymentsFree till £100,000 (Revolut Checkout)1.9% + £0.20 each for additional transactions
Custom WorkflowsUp to 500 workflows/month free£0.20 for additional workflows
Premium Support24/7Free

Revolut Business Enterprise Account

FeatureLimit/AllowanceCost
Subscription FeeCustomN/A
Payments to Revolut AccountsUnlimitedFree
Team MembersUnlimitedFree
Local TransfersCustomN/A
Guaranteed SWIFT OUR TransfersNoneFee Applies
International TransfersCustom, excludes incoming transfers in USD, GBP, EUR, and CHFFees Apply
ACH TransfersNone0.2% of the transfer amount (Minimum £0.5)
Free FX AllowanceCustomCustom
Plastic Card1 per team memberStandard Delivery: £4.99; Express Delivery: Variable
Metal CardCustomincluding Free Express Delivery: £49; Replacement: £39.99
ATM FeesN/A2% fee on all withdrawals
Expenses AppPer active team member£5/member
Payroll AppPer active team member£3/member
Physical Cards Limit3 per team memberN/A
Virtual Cards Limit200 per team memberN/A
Monthly Card SpendUnlimitedN/A
Monthly Top-UpUnlimitedN/A
ATM Withdrawal Limit£3000 per 24 hrs or equivalent in other currenciesN/A

Fees for Inbound payments, Foreign Exchange rates, and Exchange costs for Cryptocurrencies will vary depending on specific parameters and the current market situation. It’s recommended to check these fees and rates in the Revolut app before making any transactions to get the most accurate rates.

Sign up today and unlock 1 month of a paid plan without subscription fees (T&Cs apply)

Please note that these rates are subject to change at any time by Revolut, so ensure to check their official pricing page to understand all fees.

Revolut Business Account Fees for Freelancer

Revolut offers three exclusive Business Account plans tailored to meet the needs of freelancers. These plans, known as Freelancer Free, Freelancer Pro, and Freelancer Ultimate, are specifically designed to manage professional financial transactions with ease and convenience.

Freelancer Free helps minimize costs with no monthly subscription fee and provides the essential features needed to manage business finances effectively. For more advanced needs, the Freelancer Pro, at £7/month or £60/year, offers greater flexibility including a free FX allowance of £5k per month and 20 free local transfers.

For freelancers handling a higher volume of transactions and needing maximum support, Freelancer Ultimate at £25/month or £228/year provides the most benefits. This includes 100 free local transfers per month, a free FX allowance of £10k per month, and a free metal card with included express delivery.

Revolut offers unlimited payments to other Revolut accounts across all plans. Essential tools such as team member access, plastic and virtual cards, unlimited monthly card spend, and ATM withdrawals are also included across all plans. However, certain benefits and feature limits vary depending on the plan, such as local and international transfers, free FX allowance, and optional services like the Payroll and Expenses apps.

Revolut’s prices and plans are competitive and designed with the freelancer’s need for flexible, fast, and reliable financial management in mind.

Revolut Business Freelancer Free Account

FeatureLimit/AllowanceCost
Subscription FeeN/A£0 per month
Payments to Revolut AccountsUnlimitedFree
Team MembersUnlimitedFree
Local Transfers5 per month (excluding incoming transfers in USD, GBP, EUR, and CHF)£0.2 per additional transfer
Guaranteed SWIFT (OUR) TransfersNoneFee Applies
International Transfers0 per month (excludes incoming transfers in USD, GBP, EUR, and CHF)£5 per additional transfer, £8 per transfer to a USA local account outside your home country
Free FX Allowance£0 per month0.6% fee where you exceed your free FX allowance
Plastic Card1 per account holderStandard Delivery: £4.99; Express Delivery: Variable
Metal CardNot IncludedN/A
ATM FeesN/A2% on all withdrawals
Expenses App£5 per active team member
Payroll App£3 per active team member
Physical Cards Limit3 per team memberN/A
Virtual Cards Limit200 per team memberN/A
Monthly Card SpendUnlimitedN/A
Monthly Top-UpUnlimitedN/A
ATM Withdrawal Limit£3000 per 24 hrs or equivalent in other currenciesN/A
Online Card TransactionsVariable & Flat fee applies based on card type and currency of transaction

Revolut Business Freelancer Pro Account

FeatureLimit/AllowanceCost
Subscription FeeN/AFrom £5/month
Payments to Revolut AccountsUnlimitedFree
Team MembersUnlimitedFree
Local Transfers20 per month (excludes incoming transfers in USD, GBP, EUR, and CHF)£0.2 per additional transfer
Guaranteed SWIFT OUR TransfersNoneVariable fee applies
International Transfers0 per month (excludes incoming transfers in USD, GBP, EUR, and CHF)£5 per additional transfer, £8 per additional transfer to a USA local account outside your home country
Free FX Allowance£5k / month0.6% fee beyond free allowance
Plastic Card1 per account holderStandard delivery £4.99, Express delivery varies
Metal Card0 per businessN/A
ATM FeesN/A2% on all withdrawals
Expenses App£5 per active team member
Payroll App£3 per active team member
Physical Cards Limit3 per account ownerN/A
Virtual Cards Limit200 per account ownerN/A
Monthly Card SpendUnlimitedN/A
Monthly Top-UpUnlimitedN/A
ATM Withdrawal Limit£3000 per 24 hrs or equivalent in other currenciesN/A
Online Card TransactionsVariable and flat fee applies based on card type and currency of transaction (1% for UK consumer cards, 2.8% for other cards)

Revolut Business Freelancer Ultimate Account

FeatureLimit/AllowanceCost
Subscription FeeN/A£19/month
Payments to Revolut AccountsUnlimitedFree
Team MembersUnlimitedFree
Local Transfers100 per month (excludes incoming transfers in USD, GBP, EUR, CHF)£0.2 per additional transfer
Guaranteed SWIFT (OUR) TransfersNoneFlat fee applies
International Transfers5 per month (excludes incoming transfers in USD, GBP, EUR, CHF)£5 per additional transfer, £8 per additional transfer to a USA local account outside your home country
Free FX Allowance£10k per month0.6% fee beyond free allowance
Plastic Card1 per account holderStandard delivery: £4.99, Express delivery: varies
Metal Card1 per businessIncluding free express delivery: £49, Replacement for lost/stolen: £39.99
ATM FeesN/A2% on all withdrawals
Expenses AppPer active team member£5/member
Payroll AppPer active team member£3/member
Physical Cards Limit3 per team memberN/A
Virtual Cards Limit200 per team memberN/A
Monthly Card SpendUnlimitedN/A
Monthly Top-UpUnlimitedN/A
ATM Withdrawal Limit£3000 per 24 hrs or equivalent in other currenciesN/A
Online Card TransactionsVariable & Flat fee applies based on card type and transaction currency (1% for UK consumer cards, 2.8% for other cards)

Fees for Inbound payments, Foreign Exchange rates, and Exchange costs for Cryptocurrencies will vary depending on specific parameters and the current market situation. It’s recommended to check these fees and rates in the Revolut app before making any transactions to get the most accurate rates.

Sign up today and unlock 1 month of a paid plan without subscription fees (T&Cs apply)

Please note that these rates are subject to change at any time by Revolut, so ensure to check their official pricing page to understand all fees.

Company Account Features

Revolut business account offers features such as expense tracking, automated bulk payments, team member permissions, multiple physical and virtual cards, and low-cost transfers. These features make it easy for businesses to manage their finances efficiently and securely. With expense tracking, businesses can keep track of their expenses in real-time, making it easier to stay within budget and identify any areas of overspending. Automated bulk payments allow businesses to process multiple payments at once, saving time and effort. Team member permissions ensure that only authorized individuals can access and manage the company’s financial accounts.
Having multiple physical and virtual cards allows businesses to provide their employees with convenient payment options while maintaining control over spending limits and tracking transactions. Low-cost transfers enable businesses to send money domestically or internationally at competitive rates, reducing the costs associated with cross-border transactions.

Freelancer Account Features

Freelancer accounts come equipped with beneficial features such as invoicing options, access to a multi-currency account feature, and expense management. Some common features of freelancer accounts include:

1. Invoicing Options: Freelancers can create and send professional invoices to their clients directly from their account. These invoices can be customized with personal branding and include details such as project description, hours worked, or products sold. Invoicing options can also support recurring invoices for regular clients.

2. Multi-Currency Account: Freelancers often work with clients from different countries and deal with payments in different currencies. A multi-currency account feature allows them to receive and manage payments in various currencies without the need for currency conversion or extra fees. This simplifies the international payment process and helps freelancers save on foreign exchange charges.

3. Expense Management: Freelancers can track and manage their business expenses conveniently within their account. They can record and categorize expenses, attach receipts for reference, and generate expense reports. This feature helps freelancers keep track of their spending, claim tax deductions, and accurately calculate their profitability.

Overall, these features streamline the financial management aspect of freelancing, helping freelancers save time, maintain organized records, and make informed financial decisions.

Revolut Business Card (Virtual, Plastic, Metal)

Revolut Business’s debit cards are essential tools for businesses to confidently conduct transactions. The platform provides not just physical cards but also virtual ones that live on your mobile device, enhancing your business’s digital capabilities. What’s impressive about these cards is the level of control they offer. Business owners can set limits, track transactions, freeze and unfreeze cards whenever needed, ensuring you always have the upper hand. These cards also simplify bookkeeping as they automatically remind staff to submit their receipts.

When it comes to security, virtual cards add an extra layer of protection against online fraud, which is particularly crucial when managing subscriptions and other online payments. Moreover, Revolut Business offers up to 200 virtual cards per team member, catering to diverse requirements within a team.

For international transactions, the platform offers impressive rates, allowing businesses to transact in 150 currencies using the interbank rate. Companies that require frequent foreign transactions will find this extremely beneficial.

For those looking to leave a lasting impression, Revolut offers Metal cards. These cards, made from stainless steel, stand out in their look and feel, offering an additional professional touch. However, it’s important to note that these are only available for the paid plans.

Finally, the platform places a strong emphasis on the safety of funds, with every card supporting 3D Secure and contactless card limits to prevent fraud. This combination of control, security, and flexibility makes Revolut Business’s debit cards a dynamic tool for businesses in managing their finances.

Sign up today and unlock 1 month of a paid plan without subscription fees (T&Cs apply)

Foreign Exchange

Revolut Business’s currency exchange feature serves as a powerful tool for businesses that deal with multiple currency transactions. With capabilities to exchange 25 currencies at compelling rates, the platform offers the flexibility to schedule the exchange, hold, send, and spend money around the clock. A unique aspect of Revolut’s currency exchange is its interbank rate offering, which ensures businesses receive the best available rate when conducting foreign transactions. To better manage their foreign exchange, businesses can automate their trades using limit and stop orders. The platform also sends in-app alerts when the desired exchange rate is met, enabling businesses to promptly capitalize on favorable market trends. For those seeking security against market volatility, Revolut provides the option to lock in a fixed exchange rate for up to 12 months in advance through Forward Contracts.
This ensures businesses can reliably budget their future expenses regardless of market fluctuations. Overall, Revolut’s currency exchange feature is a comprehensive solution designed for businesses with diverse foreign currency demands.

Revolut business Account Multi-Currency

Revolut Business offers multi-currency accounts that provide businesses with the ability to easily manage money in multiple currencies. This feature aims to facilitate business without borders, with accounts tailored to match an organization’s structure. Businesses can send, receive, and exchange in 25 currencies conveniently from their chosen markets, enabling unlimited inbound transfers in GBP, EUR, USD, and CHF from anywhere globally. Further enabling global efficiency, if a company is based in the UK, EU, or the US, they can receive international transfers at domestic transfer speed and cost, thanks to their borderless account details.

What’s more, these multi-currency accounts can mirror an organization’s structure, as Revolut allows categorization of accounts by teams, offices, projects, and more. This way, businesses can simplify their financial operations even further. With the power to personalize privacy and account access, businesses can determine which accounts team members can view and spend from based on their needs and responsibilities. This creates a system where admins can maintain control while delegating appropriately.

Another advantage of having a Revolut multi-currency account is the ability to centralize reporting. Businesses can keep tabs on their financial activities with integrated analytics, audit confirmations, monthly statements, and more. Companies also have the option to integrate their accounting software for a seamless flow of critical information, creating a robust, multi-faceted banking solution capable of meeting modern businesses’ demands.

Revolut Business Account Tools

Revolut Business Account provides a suite of advanced tools that streamline financial operations and allow businesses to thrive in today’s fast-paced world. These tools, encompassing Analytics, Expenses, Invoices, Payroll, and Rewards, are meticulously crafted to cater to a business’s diverse needs. They are designed with convenience, efficiency, and growth as the top priorities, enabling companies to easily manage their finances, reduce administrative burdens, and make informed decisions.

  • Analytics: Revolut’s Analytics tool is a comprehensive feature designed to help businesses gain deep insights into their expenses and cash flow. It enables users to track their spending, visualize their financial data, and monitor trends over time. With its categorization feature, different expenses can be effortlessly segmented, making it easy for businesses to understand where their money is going. By providing a clear and detailed overview of all transactions, Revolut Analytics helps businesses analyze their financial habits, identify areas for savings, and make data-driven budgeting decisions.
  • Expenses: Managing and controlling business expenses is a critical aspect of financial management, and Revolut Business makes it easy with its Expenses tool. This tool simplifies expense tracking and reimbursement, allowing businesses to efficiently catalog, review, and approve expenses, thus reducing manual paperwork. It can label and categorize expenses, match them with specific payments, and even automate expense reports. Revolut Expenses also provides real-time notifications to businesses, ensuring that they are always up-to-date with their employee’s spending.
  • Invoices: The Invoices tool in Revolut Business makes the entire invoicing process seamless. It lets businesses create professional invoices with all necessary information, including bank details, due dates, and line items, and send them directly to clients. Further, companies can track the status of these invoices in real-time, send reminders for unpaid invoices, and automate day-to-day invoicing tasks. This tool is particularly beneficial for freelancers and SMEs aiming to maintain a steady cash flow and decrease revenue leakage.
  • Payroll: With the Payroll tool, Revolut Business tackles one of the most complex aspects of any business’s financial operations: payroll processing. This tool simplifies payroll handling by allowing businesses to batch payments, making it possible to pay multiple employees simultaneously with just a few clicks. Furthermore, the Payroll tool ensures all payments are secure, timely, and compliant with local regulation, eliminating the stress often associated with payroll processes.
  • Rewards: Lastly, the Rewards tool is Revolut Business’s way of acknowledging and appreciating its users. With Rewards, businesses can avail themselves exclusive offers and cashback deals from various partners irrespective of their business size. This tool adds a touch of excitement to banking and allows businesses to make the most out of their Revolut account.

In essence, the Revolut Business Account Tools are more than just financial utilities; they represent a shift towards smarter, more efficient, and delightful banking betrothed with uncompromising functionality. With these tools, businesses can focus less on administrative tasks and more on growth and innovation.

Revolut and Crypto Business Account

Revolut Business is revolutionizing the way businesses handle cryptocurrencies through its robust Crypto Business Account. Taking a leap beyond traditional financial systems, the crypto business account allows you to use your surplus cash to seamlessly buy, hold, and sell Bitcoin and Ether right from your Revolut Business account. This integration of cryptocurrency with traditional business accounts provides a perfect blend of convenience and innovation, accessible with just a few clicks with no hidden fees.

Furthermore, it provides a feature to quickly convert these cryptocurrencies into 25 fiat currencies at any time, thereby offering impressive flexibility to businesses. The account also empowers businesses to seize opportunities in the fluctuating crypto market by providing timely in-app alerts when the coin prices hit their desired levels.

By integrating a secure access system, businesses get to control who can set up Crypto transactions or view the portfolio, thus ensuring safety and compliance. Interestingly, the majority of the funds are held offline in cold storage with trusted custodians which further enhances the security.

Revolut’s Crypto Business Account is not just about buying and selling cryptocurrencies, but it’s more of a diversification tool that helps businesses spread their idle cash across new ventures. Regardless of the size of your business, be it a startup or a large enterprise, the crypto service is available to all, underlining Revolut’s commitment to democratizing access to cryptocurrency transactions.

However, as with any investment instrument, managing cryptocurrencies carries its own risks. Price or value of these digital assets can swiftly change, and even fall to zero. Thus, businesses must ensure that this crypto offering aligns with their financial goals and risk-bearing attitude before starting. The Revolut Crypto account, thus, provides a novel and efficient way for businesses to dip their toes in the world of cryptocurrencies with the right set of tools and features.

Revolut Online Payment

In today’s digital-centric world, businesses are expected to offer flexible, safe, and convenient payment options to their customers. Revolut Business is a champion in this regard, providing numerous payment solutions that leverage technological advancements, ensuring businesses can seamlessly send, spend, and receive money worldwide.

  • Accept Payment Anywhere: With Revolut Business, boundaries are a thing of the past. It offers a global payment solution tailored for businesses to easily process payments from customers located anywhere in the world. It not only enhances your client base but also provides a smooth payment experience for them.
  • Revolut Reader (POS): Revolut’s POS (Point of Sale) solution, Revolut Reader, is a game-changer for businesses engaging in physical transactions. It bridges the digital-physical gap by making it possible to accept contactless payments directly through your device, sans any additional hardware. Whether it’s through a card, a phone, or a wearable device, payments are prompt, secure, and hassle-free with Revolut Reader.
  • Revolut Pay: Catering specifically to remote transactions, Revolut Pay allows businesses to receive payments securely via a link. This tool makes it easy for businesses to receive payments without requiring in-person payment equipment or setting up complicated online payment gateways.
  • Revolut Payment QR: QR Codes have revolutionized the payment industry with their simplicity and efficiency. Reflecting these advantages, Revolut’s QR code payment feature permits customers to make quick and safe payments by simply scanning a QR code via their smartphone.
  • Revolut Payment Link: An ultimate solution to invoice payments, the Revolut Payment Link allows you to send a secure link to customers, who can then pay directly and instantly. It removes the need for unnecessary paperwork and long waiting times for payments to clear.
  • Revolut Payment Gateway: Last but certainly not least is the Revolut Payment Gateway. This tool functions as a robust and secure online payment processing method. It enables businesses to take control of their payments by accepting online payments around the clock from any corner of the globe.

Each of Revolut’s payment solutions aims to tackle a specific need, ensuring a holistic approach to the business payment system. Whether it’s reducing payment processing times, eliminating geographical barriers, or providing secure transaction methods, Revolut Business is proactive in offering cutting-edge solutions that can truly help a business flourish in the digital space.

Conclusion

In summary, Revolut Business presents a comprehensive range of accessible, effective, and technologically advanced financial solutions designed to address the requirements of both companies and freelance professionals. With various plans accommodating businesses, startups, and entrepreneurs of different scales, Revolut goes beyond traditional financial services by offering a platform that simplifies business financial management. The diverse and feature-filled packages promise to deliver value, whether you’re a new business owner, an expanding corporation, or a successful freelance professional.

Currently, Revolut is offering a limited-time incentive: new customers can experience the full advantages of a paid plan for 1 month, completely free of subscription fees. This exclusive opportunity allows you to thoroughly evaluate Revolut Business’s potential impact on your financial management before fully committing.

If you are a freelancer or a business owner seeking to improve control over your finances, now is the perfect moment to give Revolut Business a try. With its array of offerings and the current promotional offer, there’s no better opportunity to enhance your financial experience. Remember, terms and conditions apply, so be sure to review those on their official website. Don’t delay—embrace the future of business finance management with Revolut Business.

POSITIVES
  • Multi-Currency Wallets
  • Integration with Business Tools
  • Expense Management
  • Virtual and Physical Cards
  • Security
NEGATIVES
  • No Deposit Protection
  • Account Freezing
  • Customer Service

Safety & Trust 
9/10
Fees & Exchange Rates 
8/10
Service & Features
9/10
Customer Reviews 
8/10
Sign up today and unlock 1 month of a paid plan without subscription fees (T&Cs apply)

FAQs about Revolut Business Account

What is a Revolut Business account?

Revolut Business is an advanced, feature-packed financial platform, specifically designed for a wide range of professionals and businesses. These include small to medium-sized enterprises (SMEs), startups, freelance workers, and large organisations. It offers a host of services aimed at making the banking experience easier, more convenient, and efficient.

What types of businesses can use Revolut Business Accounts?

Revolut Business Accounts are designed to serve a broad range of businesses, including local entrepreneurs, startups, and large enterprises across different industries.

What are the account-plan options for companies and freelancers?

For companies, Revolut offers four plans: Free, Grow, Scale, and Enterprise. For freelancers, they provide three plans: Free, Professional, and Ultimate.

What do I need to open a Revolut Business account?

You will need your personal details, information about your business, and documents for proof of identity and address.

How long does it take to open a Revolut Business Account?

The initial account application takes approximately 10 minutes to complete. The account opening process’s duration can vary depending on the thoroughness of the onboarding process, evaluation of submitted details, and necessary documentation.

How can I access my Revolut Business Account’s funds?

You can access your funds using the Revolut app, which is available on iOS and Android devices. You can also access your account through the Revolut Business web portal.

What currencies does Revolut Business support?

Revolut Business supports multiple currencies, allowing users to hold, receive, and exchange multiple currencies right from their account.

Does Revolut Business offer expense management features?

Yes, expense management is one of Revolut Business’s features. You can manage employee expenses, track and categorize spending, and implement custom rules for specific users and transactions.

Can I issue invoices through my Revolut Business Account?

Yes, Revolut Business enables users to create, send, and manage customizable invoices directly from the platform.

Is Revolut Business available worldwide?

While Revolut Business serves many countries, there may be regional limitations due to local laws and regulations. It’s essential to check Revolut’s website or reach out to their support team for specific country availability lists.

Does Revolut Business offer customer support?

Yes, Revolut offers customer support through their in-app chat, email, and phone support, providing users with assistance and clarifications when needed.

Is my money protected with Revolut Business?

Revolut is a licensed electronic money institution with rigorous security measures in place. While it might not provide the same protections as traditional banks (such as deposit insurance), Revolut aims to keep users’ money safe via advanced security measures, including PCI DSS-compliant systems, two-factor authentication, and robust anti-money laundering methods.

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Christian M
Christian M

Meet Christian - he's a digital entrepreneur with a passion for finance, personal growth, and marketing. He likes discovering new cutting-edge financial products that can help to improve people's lives.