In this guide

  • Our verdict
  • Details
    • Product overview
    • Fees
    • Overdraft information
  • Your reviews

Revolut Premium review

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Revolut Premium
Key benefits
Get a £20 welcome bonus when you spend your first £20 (T&Cs apply)
Account fee
£7.99 per month
Interest (AER)
0% AER
Overseas card transactions
0% Mon-Fri

Our verdict

Compare the Revolut Premium e-money account against Revolut Standard, to help you decide if it's worth the monthly fee.

The jury's still out on the value of the Premium account. It's hard to see where the value comes from unless you're regularly transferring or withdrawing large sums of money. You can get started by visiting Revolut's website and downloading the app.

If you're looking for a day-to-day option or a simple way to travel abroad and spend money cheaply, Revolut's Standard account is probably better for you. Read our in-depth review on it to find out more.

Pros

  • Fee-free spending in the UK and abroad
  • Purchase protection of up to £2,500 a year
  • Worldwide emergency medical and dental cover
  • Cashback paid on accommodation bookings across the world
  • Option to earn interest on Savings Vaults

Cons

  • A monthly fee applies
  • Revolut isn’t covered the the Financial Services Compensation Scheme (FSCS)

In this guide

  • Our verdict
  • Details
    • Product overview
    • Fees
    • Overdraft information
  • Your reviews

Details

Product overview

Incentive
tag iconGet a £20 welcome bonus when you spend your first £20 (T&Cs apply).
Account fee £7.99 per month
Minimum opening balance £0

Fees

Foreign cash currency fee in Europe 0% Mon-Fri
Foreign cash currency fee in rest of world 0% Mon-Fri
Foreign cash transaction fee in Europe Free up to £400 per month
Foreign cash transaction fee in rest of world Free up to £400 per month

Overdraft information

Arranged overdraft available

Challenger banking brand Revolut has several digital e-money account plans to choose from, all with different price plans and features. In this review we take a look at the Revolut Premium package to see how it stacks up against the Standard ‘freemium’ experience.

Compare the differences between the different Revolut cards

1 - 5 of 5
Name Product Finder Score Account fees Funding requirement Interest (AER) Arranged overdraft Incentive Representative example Link
EXCLUSIVE
Revolut Standard
4.2
★★★★★
£0
No minimum funding requirement
0% AER

tag iconGet a £20 welcome bonus when you spend your first £20 (T&Cs apply).
Go to site
View details
EXCLUSIVE
Revolut Metal
Not yet rated
£14.99 per month
No minimum funding requirement
0% AER

tag iconGet a £20 welcome bonus when you spend your first £20 (T&Cs apply).
Account fee of £14.99 per month.
Go to site
View details
EXCLUSIVE
Revolut Plus
Not yet rated
£3.99 per month
No minimum funding requirement
0% AER
N/A
tag iconGet a £20 welcome bonus when you spend your first £20 (T&Cs apply).
Account fee of £3.99 per month.
Go to site
View details
EXCLUSIVE
Revolut Premium
Not yet rated
£7.99 per month
No minimum funding requirement
0% AER

tag iconGet a £20 welcome bonus when you spend your first £20 (T&Cs apply).
Account fee of £7.99 per month.
Go to site
View details
Revolut Ultra
Not yet rated
£55.00 per month
No minimum funding requirement
0% AER

Account fee of £55 per month.
View details
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What is Revolut Premium?

Premium is Revolut’s middle-tier plan. It’s not as pricey as Metal or Ultra, but it has more features and higher limits than the Standard or Plus plans.

Priced at £7.99 per month, it sits in the centre of Revolut’s other plans. Added benefits compared to the Standard or Plus include in-app chat customer support, discounts on international transfer fees, higher limits for fee-free withdrawals and more.

How does Revolut Premium work?

Revolut Premium works the same as Revolut’s other account plans. It has all the features of the Revolut Standard e-money account, plus some extras:

  • 20% discount on international transfer fees.
  • £400 of free ATM withdrawals per month.
  • 2 Revolut <18 accounts with full access (for your children).
  • Travel benefits including insurance, cashback on accommodation and discounted airport lounge access.
  • No fair usage limit on fee free currency exchange.
  • Savings Vaults at 3.00% AER interest.
  • Personalised payments cards.
  • Purchase protection up to £2,500 if your new purchase is accidentally damaged or stolen in the first year.
  • 5 commission free stock trades every month.

Revolut Premium customer reviews

Overall, Revolut scores highly on review site Trustpilot, with a score of 4.2 out of 5 from more than 147,000 reviews (updated January 2024). This gives it a “Great” rating.

Reviews cover all of Revolut’s accounts, rather than the Premium account specifically. But reviewers commented on the “great money transfer services” and described it as “a breath of fresh air compared to conventional banking”.

Those reviewers who didn’t give Revolut a high score commented on problems opening their account.

On Google Play, Revolut scores 4.5 out of 5 from more than 2 million reviews (updated January 2024). On the App Store, it scores 4.7 out of 5 from more than 41,000 reviews (updated January 2024).

Banking scores

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Finder scores, in blue, are based on our expert analysis. We also show reviews from users, where we've received more than 10, with a score in yellow. We gather more reviews from customers every year in Finder's customer satisfaction survey.

To find out more, read our full methodology.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

Your reviews

No reviews yet. Write a review
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