Revolut Business Review 2025: Complete Guide for Modern Companies

Last Updated: December 2025 | Reading Time: 9 minutes

Revolut Business has emerged as one of the most innovative fintech solutions for companies looking to streamline their financial operations. From startups to established SMEs, businesses are increasingly turning to Revolut for its comprehensive suite of features that go far beyond traditional banking. But is it the right choice for your business?

In this comprehensive review, we'll dive deep into Revolut Business's features, pricing, pros and cons, and help you determine if it's the ideal financial platform for your company's needs.

What is Revolut Business?

Revolut Business is the commercial arm of Revolut, one of Europe's largest fintech companies. While Revolut started as a consumer app focused on fee-free currency exchange, Revolut Business has evolved into a full-fledged financial operating system for companies.

Unlike traditional business banks, Revolut Business operates entirely digitally. There are no physical branches, no lengthy paperwork, and no hidden fees. Instead, you get a powerful mobile and web platform that handles everything from multi-currency accounts to cryptocurrency transactions, expense management, and corporate cards.

Who is Revolut Business For?

Revolut Business is particularly well-suited for:

• Tech startups looking for modern financial infrastructure
• E-commerce businesses dealing with multiple currencies
• Digital agencies managing client payments internationally
• Freelancers and consultants scaling into small teams
• Companies with remote teams needing flexible expense management
• Businesses expanding internationally requiring multi-currency support

Account Tiers: Free, Grow, and Scale

One of Revolut Business's standout features is its tiered pricing model, which allows businesses to start free and upgrade as they grow.

Free Plan

The Free plan is surprisingly robust for a no-cost offering:

• Cost: £0/month
• Features:
  • Multi-currency accounts (30+ currencies)
  • 5 free physical cards
  • 5 free virtual cards
  • Free local transfers (UK, EUR, USD)
  • International transfers with fees
  • Basic expense management
  • Accounting integrations (Xero, QuickBooks)

Best for: Freelancers, solopreneurs, and early-stage startups testing the platform.

Limitations: Limited free transfers, basic features only, no priority support.

Grow Plan

The Grow plan costs £25/month and adds:

• Everything in Free, plus:
  • 20 free physical cards
  • 20 free virtual cards
  • 100 free local transfers per month
  • 10 free international transfers per month
  • Multi-user access (up to 5 team members)
  • Advanced expense management
  • Receipt capture
  • Spending analytics

Best for: Small businesses with 2-10 employees, companies making regular international payments.

Value proposition: If you're making more than 10 international transfers monthly, the Grow plan pays for itself in saved fees.

Scale Plan

The Scale plan costs £100/month and includes:

• Everything in Grow, plus:
  • Unlimited physical and virtual cards
  • Unlimited local transfers
  • 100 free international transfers per month
  • Advanced team permissions
  • Dedicated account manager
  • Priority customer support
  • API access for custom integrations
  • Higher transaction limits

Best for: Established SMEs, companies with 10+ employees, businesses with high transaction volumes.

When to upgrade: When you're issuing cards to 20+ team members or making 100+ international transfers monthly.

Key Features Deep Dive

1. Multi-Currency Accounts

Revolut Business supports 30+ currencies in a single account. You can hold, exchange, and transfer in:

• Major currencies: USD, EUR, GBP, CHF, JPY, AUD, CAD
• Emerging markets: PLN, RON, HUF, CZK, BGN, HRK
• Asian currencies: SGD, HKD, THF, NZD

How it works: Each currency has its own "pocket" within your account. You can exchange between currencies at the interbank rate (with a small markup) and hold balances in multiple currencies simultaneously.

Real-world example: A UK-based e-commerce company selling to US and EU customers can receive payments in USD and EUR, hold those balances, and only convert to GBP when exchange rates are favorable—potentially saving thousands in FX fees annually.

2. Corporate Cards (Physical and Virtual)

Revolut Business offers both physical and virtual cards with sophisticated controls:

Physical Cards:

• Instant issuance (digital card available immediately)
• Physical card arrives in 3-5 business days
• Contactless payments supported
• Can be frozen/unfrozen instantly via app

Virtual Cards:

• Created instantly in the app
• Perfect for online subscriptions (SaaS tools, ad platforms)
• Single-use or multi-use options
• Can be deleted after use for security

Card Controls (a game-changer for finance teams):

• Set spending limits per card (daily, weekly, monthly)
• Restrict to specific merchant categories (e.g., only restaurants, only software)
• Geographic restrictions (e.g., only UK merchants)
• Require receipt uploads for transactions over a certain amount
• Real-time notifications for every transaction

Use case: A marketing agency can issue virtual cards to each client account manager, restricted to advertising platforms only, with a monthly limit matching the client's ad budget. This prevents overspend and eliminates expense report fraud.

3. Expense Management System

Revolut Business includes built-in expense management that rivals standalone tools like Expensify:

Features:

• Automatic expense categorization
• Receipt capture via mobile app (OCR technology)
• Mileage tracking
• Approval workflows for expenses over certain amounts
• Export to accounting software (Xero, QuickBooks, FreeAgent)
• Real-time spending visibility for managers

How it works: When an employee makes a purchase with their Revolut card, they receive a push notification asking them to upload a receipt. The expense is automatically categorized, and managers can review and approve in real-time.

Time savings: Companies report saving 5-10 hours per month on expense report processing.

4. Cryptocurrency Features

Revolut Business is one of the few business banking platforms offering cryptocurrency capabilities:

What you can do:

• Buy, hold, and sell 30+ cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
• Exchange between crypto and fiat currencies
• Pay suppliers in cryptocurrency (where accepted)
• Hold crypto as part of treasury management

Limitations:

• Not available in all jurisdictions
• Crypto holdings are not FSCS protected (unlike fiat balances)
• Subject to crypto market volatility

Use case: Tech startups working with blockchain developers or accepting crypto payments can manage both fiat and crypto in one platform.

5. Accounting Software Integrations

Revolut Business integrates seamlessly with major accounting platforms:

• Xero: Automatic transaction sync, bank reconciliation
• QuickBooks: Real-time expense tracking, invoice matching
• FreeAgent: Designed for UK freelancers and small businesses
• Sage: Enterprise-level accounting integration

Setup: One-click connection, automatic daily sync, categorized transactions appear in your accounting software within 24 hours.

Benefit: Eliminates manual data entry, reduces accounting errors, speeds up month-end close.

Fee Structure: What You'll Actually Pay

Revolut Business is transparent about fees, but there are nuances:

Account Fees

• Free plan: £0/month
• Grow plan: £25/month
• Scale plan: £100/month

Transaction Fees

Local Transfers (same currency):

• UK (Faster Payments): Free
• SEPA (EUR): Free
• US (ACH): Free

International Transfers:

• Free plan: 0.5% - 1.5% depending on currency pair
• Grow plan: 10 free per month, then 0.3% - 1.0%
• Scale plan: 100 free per month, then 0.3% - 1.0%

Currency Exchange:

• Interbank rate + 0.5% markup (weekdays)
• Interbank rate + 1.0% markup (weekends)

Card Fees:

• Physical card issuance: Free (up to plan limits)
• Virtual card issuance: Free (up to plan limits)
• Card replacement: £5
• ATM withdrawals: 2% fee after £200/month

Hidden Costs to Watch

1. Weekend exchange rate markup: Doubles from 0.5% to 1.0%
2. Excess transfer fees: After free allowance, fees add up quickly
3. Inactivity fee: £5/month if no transactions for 12 months (Free plan only)

Cost comparison example:

A company making 50 international transfers per month (£10,000 average):

• Traditional bank: ~£500/month in fees (£10 per transfer)
• Revolut Free: ~£500/month (1% FX markup)
• Revolut Scale: ~£150/month (£100 plan + 0.3% on excess transfers)

Savings: £350/month = £4,200/year

User Experience: Mobile and Web Platforms

Mobile App (iOS/Android)

Strengths:

• Intuitive interface, easy to navigate
• Real-time notifications for all transactions
• Instant card freezing/unfreezing
• Receipt upload with camera
• Biometric authentication (Face ID, fingerprint)

Weaknesses:

• Some advanced features only available on web
• Occasional app crashes reported (though rare)

Rating: 4.5/5 stars on App Store, 4.3/5 on Google Play

Web Dashboard

Strengths:

• Comprehensive transaction history with advanced filters
• Bulk payment uploads (CSV)
• Detailed analytics and reporting
• Team management and permissions
• API access (Scale plan)

Weaknesses:

• Learning curve for first-time users
• Some features buried in menus

Customer Support

Support channels:

• In-app chat (24/7)
• Email support
• Phone support (Scale plan only)
• Help center with extensive documentation

Response times:

• Free plan: 24-48 hours
• Grow plan: 12-24 hours
• Scale plan: Priority support, typically under 4 hours

Quality: Generally good, though some users report inconsistent responses for complex issues.

Security and Compliance

Regulatory Status

Revolut Business is regulated by:

• UK: Financial Conduct Authority (FCA) - E-Money Institution
• EU: Bank of Lithuania - Licensed Bank
• US: State-by-state money transmitter licenses

What this means: Your funds are protected up to £85,000 (UK) or €100,000 (EU) under deposit protection schemes (for Lithuanian accounts).

Security Features

• Two-factor authentication (2FA) required
• Biometric login (fingerprint, Face ID)
• Device authorization (new devices must be approved)
• Transaction notifications (real-time alerts)
• Card controls (freeze, set limits, restrict merchants)
• Encryption: Bank-grade 256-bit encryption

Compliance Tools

• AML/KYC: Automated compliance checks
• Transaction monitoring: Suspicious activity detection
• Audit trails: Complete transaction history for compliance
• GDPR compliant: Data protection standards

Pros and Cons: The Complete Picture

Pros

✅ Flexible pricing: Start free, scale as you grow
✅ Multi-currency excellence: 30+ currencies with competitive exchange rates
✅ Advanced card controls: Unmatched spending management
✅ Cryptocurrency support: Unique for business banking
✅ Accounting integrations: Seamless sync with Xero, QuickBooks
✅ Fast account opening: Approved in 24-48 hours typically
✅ Modern UX: Intuitive mobile and web platforms
✅ No hidden fees: Transparent pricing structure
✅ Global reach: Operate in 150+ countries

Cons

❌ Not a full bank: No loans, overdrafts, or credit facilities
❌ Limited cash handling: No cash deposits, expensive ATM withdrawals
❌ Customer support variability: Inconsistent for complex issues
❌ Regulatory uncertainty: E-money institution, not a traditional bank
❌ Weekend FX markup: Double fees on weekends
❌ Account freezes: Some users report sudden account restrictions during compliance reviews
❌ No branch network: Entirely digital (pro or con depending on preference)
❌ Limited in some countries: Not available worldwide

Real-World Use Cases

Case Study 1: Digital Marketing Agency (10 employees)

Challenge: Managing ad spend across 20 client accounts on Facebook, Google, and TikTok.

Solution: Revolut Business Grow plan with virtual cards for each client.

Results:

• Issued 20 virtual cards, each restricted to advertising platforms
• Set monthly limits matching client budgets
• Eliminated expense report fraud
• Saved 8 hours/month on reconciliation
• ROI: £25/month plan saves £500/month in accounting time

Case Study 2: E-commerce Startup (3 founders)

Challenge: Selling to US and EU customers, paying suppliers in China.

Solution: Revolut Business Free plan with multi-currency accounts.

Results:

• Receive USD and EUR payments directly
• Hold balances and exchange when rates favorable
• Pay Chinese suppliers in CNY
• Saved £300/month vs traditional bank FX fees
• ROI: £3,600/year savings on £0 monthly cost

Case Study 3: Remote-First SaaS Company (50 employees)

Challenge: Team spread across 15 countries, complex expense management.

Solution: Revolut Business Scale plan with unlimited cards.

Results:

• Issued cards to all 50 employees
• Automated expense categorization and approval
• Integrated with Xero for real-time accounting
• Reduced month-end close from 5 days to 2 days
• ROI: £100/month plan saves £2,000/month in accounting costs

Comparison with Alternatives

Revolut Business vs Wise Business

Feature	Revolut Business	Wise Business
Monthly Fee	£0 - £100	£0 (one-time £45 setup)
Multi-Currency	30+ currencies	50+ currencies
FX Markup	0.5% - 1.0%	0.41% - 0.69%
Virtual Cards	Yes (plan limits)	Yes (free)
Crypto	Yes	No
Accounting Integration	Xero, QuickBooks	Xero, QuickBooks
Best For	Teams, expense mgmt	Freelancers, lowest FX

Verdict: Wise has better FX rates; Revolut has better team features.

Revolut Business vs Traditional Banks

Feature	Revolut Business	Traditional Bank
Account Opening	24-48 hours	2-4 weeks
Monthly Fees	£0 - £100	£10 - £50
International Transfers	0.5% - 1.0%	3% - 5%
Card Controls	Advanced	Basic
Mobile App	Excellent	Variable
Branch Access	No	Yes
Loans/Overdrafts	No	Yes

Verdict: Revolut wins on speed, cost, and UX; banks win on lending and physical presence.

Frequently Asked Questions

Is Revolut Business a real bank?

No, Revolut Business is an e-money institution (UK) and licensed bank (Lithuania). Your funds are protected, but it's not a traditional bank. This means no loans or overdrafts, but also faster innovation and lower fees.

How long does account opening take?

Typically 24-48 hours. You'll need to provide business registration documents, proof of address, and director ID. Some businesses in high-risk industries may take longer.

Can I get a business loan from Revolut?

Not currently. Revolut Business does not offer loans, overdrafts, or credit facilities. You'll need a traditional bank or alternative lender for financing.

What happens if Revolut goes bankrupt?

UK accounts: Protected up to £85,000 under FSCS.
EU accounts (Lithuania): Protected up to €100,000 under deposit guarantee scheme.
Funds above these limits are at risk.

Can I use Revolut Business for cryptocurrency?

Yes, you can buy, hold, and sell 30+ cryptocurrencies. However, crypto is not protected by deposit insurance and is subject to market volatility.

Does Revolut Business work in the US?

Yes, but with limitations. US businesses can open accounts, but some features (like cryptocurrency) may not be available. Revolut is working on expanding US capabilities.

How do I upgrade or downgrade plans?

You can change plans anytime in the app. Upgrades are instant; downgrades take effect at the next billing cycle.

What if my account gets frozen?

Revolut may freeze accounts for compliance reviews. This is frustrating but standard for fintech. Respond promptly to requests for documentation, and accounts are typically unfrozen within 3-5 business days.

Final Verdict: Should You Choose Revolut Business?

Choose Revolut Business if:

• You're a modern, digitally-native company
• You deal with multiple currencies regularly
• You need advanced expense management and card controls
• You want to start free and scale as you grow
• You value speed and innovation over traditional banking relationships

Avoid Revolut Business if:

• You need business loans or overdrafts
• You handle significant cash deposits
• You prefer in-person banking relationships
• You operate in a highly regulated industry requiring traditional banking
• You need guaranteed same-day customer support

Overall Rating: ⭐⭐⭐⭐ (4/5)

Revolut Business is an excellent choice for tech-savvy companies looking for modern financial infrastructure. While it's not a complete replacement for traditional banking (no lending, no cash handling), it excels at what it does: multi-currency management, expense control, and digital-first operations.

For startups, digital agencies, e-commerce businesses, and remote teams, Revolut Business offers unmatched value. The Free plan is genuinely useful, and the paid tiers provide enterprise-grade features at SME prices.

Bottom line: If your business operates primarily online, deals with international payments, and values flexibility over traditional banking services, Revolut Business is one of the best options available in 2025.

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Disclosure: This review is based on independent testing and research. We may earn a commission if you sign up through our links, but this does not influence our editorial assessment.