{"id":541763,"date":"2024-09-27T09:41:07","date_gmt":"2024-09-27T08:41:07","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=541763"},"modified":"2026-03-23T11:46:57","modified_gmt":"2026-03-23T11:46:57","slug":"wise-vs-revolut","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/current-accounts\/wise-vs-revolut","title":{"rendered":"Wise vs Revolut (with a \u00a320 sign-up bonus!)"},"content":{"rendered":"

Wise vs Revolut is a battle of 2 fintech companies trying to change the way international payments work.<\/p>

Both have a primary focus on money transfers and international finance. <\/p>

Wise Payments Limited is an authorised e-money institution regulated by the Financial Conduct Authority (FCA).<\/p>

Revolut is a fully licensed UK bank.<\/p>

Revolut's \u00a320 sign-up bonus for new accounts<\/h3>\nRevolut is currently offering a \u00a320 sign-up bonus when you open a new account, making it a strong sign-up incentive compared with any other provider.\n
\n
\nSee deal<\/a>

Wise vs Revolut: Vital statistics<\/h3>
\n \n
<\/th>\"Wise<\/td>\"Revolut<\/a><\/td><\/tr>
Finder score<\/th><\/td>9.1<\/span><\/span>Excellent<\/span><\/span><\/td><\/tr>
Customer satisfaction survey<\/th>Not yet rated<\/td>4.5 <\/span>
\u2605\u2605\u2605\u2605\u2605<\/div><\/td><\/tr>
Free spending abroad<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Arranged overdraft<\/th>No overdraft available<\/td>No overdraft available<\/td><\/tr>
Representative example<\/th>N\/A<\/td>N\/A<\/td><\/tr>
Interest when you're in credit<\/th>0%<\/td>0%<\/td><\/tr>
Branch access<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
FSCS protected<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Sign-up bonus<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Amount<\/th>N\/A<\/td>\u00a320<\/td><\/tr>
Product image<\/th>
\"Wise\"<\/td>		\"Revolut\"<\/td><\/tr>
Find out more<\/th>
<\/div><\/td>
Go to site<\/a>
Read review<\/a><\/div><\/td><\/tr>\n <\/tbody>\n <\/table><\/div>

Do you want a bright green card or a bluey-purple-ish one? What features are important to you from a finance apps? Those are some of the questions you\u2019ll have to ask yourself when you\u2019re deciding between these 2 accounts. <\/p>

Revolut offers a sign-up bonus of \u00a320 and a variety of app features, plus FSCS protection on deposits. Whereas Wise generally offers a better exchange rate and lower transfer fees. <\/p>

Otherwise they\u2019re both fairly similar, with neither offering overdrafts options. <\/p>

Round 1: App features<\/h3>
\n \n
<\/th>\"Wise<\/td>\"Revolut<\/a><\/td><\/tr>
Visual breakdown of spending<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Spending categories<\/th>15<\/td>Customisable<\/td><\/tr>
Set spending budgets<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Set up direct debits in the app<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Top up via bank transfer<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Have salary paid in<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Separate savings accounts<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Round-ups<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Customer service via the app<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Customer service via a telephone line<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Cheque scanning<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Freeze\/unfreeze card in app<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Send money abroad<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Fee for sending money abroad<\/th>\u00a30.59 + 0.33% of the amount that's converted<\/td>Free in SEPA region, between 30p and \u00a35 to send elsewhere<\/td><\/tr>
Find out more<\/th>
<\/div><\/td>
Go to site<\/a>
Read review<\/a><\/div><\/td><\/tr>\n <\/tbody>\n <\/table><\/div>

They both have spending categories so you can organise where your money has gone. Wise has 15 and if that isn\u2019t enough for you, Revolut has as many categories as you care to name, because they\u2019re customisable. Whether you need the freedom to do that is up to you and Wise might be more than enough for most people.<\/p>

In other points of difference, Revolut has separate savings account and a feature to let you round up your spending to help you save the change.<\/p>

Wise has in-app and telephone customer service, while Revolut only has the latter.<\/p>

In terms of sending money abroad, Wise charges 59p and a percentage of the transfer amount, while Revolut transfers are free in the SEPA region or 30p to \u00a35 outside it. It\u2019s worth noting though that Wise generally has better exchange rates than Revolut, which can make a big difference if you\u2019re transferring a large amount.<\/p>