A leading option for those who travel frequently. However, in the UK. Revolut Junior Uk… it may not have the ability to fully change your bank.
While at the time of writing it is not running as a bank, it is gradually becoming one, having gotten a challenger bank license from the European Central Bank in December 2018. In early 2021 it also used for a UK banking license and a bank charter in the US.
today we’re going to be reviewing with the goal to help you respond to questions like should you get a account and how will it benefit you and to do this we’ll be taking a look at how e ranked on our monito score and what caused us giving them an 8.6 this will help us choose whether we can trust with our money as
Is Revolut Junior Uk the world’s first global financial superapp?
well as get a clear image of their advantages and services their costs and currency exchange rate and likewise see how their clients rate established in 2015 is a private business with over 2 000 employees they’re an award-winning business and in 2020 won the uk tech awards for business of the year since december 2021 their accounts and cards are offered to customers living in the uk us eu and eea nations australia singapore switzerland and japan sadly no canada or new zealand however brand-new zealand is looking likely in the future if you visit their site they say they have a banking licence which was given by the european reserve bank in poland and lithuania this enables them to use banking services in a number of european countries consisting of bulgaria croatia romania slovenia along with france italy and portugal and more nevertheless they’re yet to be given a banking license in the uk the us or anywhere else they run but just because they’re not a traditional bank and do not have a banking license
in certain nations does not mean your money isn’t safe are really needed to safeguard your cash with larger banks with a bank like lloyd’s or barclays so if were to fold your cash would be safe and because of this and the fact they’re totally managed by the fca in the uk and certified as a bank in certain european nations we scored an 8.9 for trust and reliability with over 16 million consumers already relying on with their cash we think you can absolutely trust them with yours has been really innovative when it comes to banking their mobile app unlike standard banks is special magnificently developed and truly stands apart for its different features and offerings when you initially sign up you’ll be asked to pick a plan there are four available standard which is totally free plus premium and metal these are their costs in the uk however they might differ depending upon where you’re located the essential offerings of are available across all strategies which includes a bank account with its budgeting and automatic cost savings benefits currency exchange
worldwide costs atm withdrawals fast and basic money transfers consisting of bill splitting so you can easily send and request money as well as stocks and crypto trading however the different strategies will provide you higher advantages within each of these fundamentals for example the more pricey to prepare the more money you can withdraw from an atm without incurring a cost with the basic totally free strategy depending which comes first you’re either limited to an overall of 200 pounds or five