Question 1

What is Revolut?

Accepted Answer

Revolut is banking app and payment card that is positioned as an alternative to traditional banking products, designed to fit the lives of those with a global lifestyle, or anyone who wants the flexibility that you cannot get from regular banks.

Question 2

What do you get ?

Accepted Answer

You can get a UK current account or a European IBAN for free, without any credit check or proof of address. With those accounts, you can exchange and hold as many as 25 currencies, always getting access to the real exchange rate. Those who use Revolut can spend their money abroad without having to pay any hidden fees thanks to the contactless Revolut card. It works with more than 130 currencies, giving you the real exchange rate without having to rely on brokers or exchanges which offer bad exchange rates.

Question 3

Can you Buy Crypto?

Accepted Answer

Cryptocurrency could be the next way that people do business, and Revolut has integrated crypto functionality into its platform. On the plus side, it is simple to buy and sell cryptos with Revolut. It has also created a great way to use cryptos like cash in your Revolut account.

Question 4

Is Revolut Safe?

Accepted Answer

Revolut is considered extremely safe and secure and allows users to be in control at all times.rnrn You can easily freeze and unfreeze your Revolut card via the application if you lose it or it gets stolen.rn You can also use the application to turn off contactless payments, ATM use, and online payments, then easily turning them back on when you want.rn In terms of fund safety, Revolut holds client money in ring-fenced segregated client accounts that are held by Tier 1 bank partners.rn Revolut is also authorized by the FCA, which means it meets FCA requirements for safeguarding funds, along with the Payment Services Regulations 2017 and Electronic Money Regulations 2011.rn

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