Revolut Business review: is the Revolut Business account right for you?

Revolut Business review at a glance

Revolut Business review: plans and fees

There are four plans for a Revolut Business account. Each includes a set number of UK and international transfers and a monthly allowance for exchanging currencies. Paying annually brings the monthly cost down on Grow and Scale.

Revolut Business account prices have gone up before. From 11 March 2025 Grow rose from £25 to £35 a month and Scale from £100 to £125 a month. You can invite your whole team at no extra cost, but some add-ons charge per person: Expenses is £8 and Payroll is £3 per active team member a month.

The fees page doesn't list charges for receiving payments, or a fee for spending abroad on the card. Check those with Revolut. The fees page also shows no effective date, so look at it again just before you sign up.

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Revolut Business features

• Currencies: exchange 25+ currencies at the interbank rate, within your allowance and during market hours.
• Cards: a Revolut Business account gives you up to 3 physical and 50 virtual cards per team member on every plan. The first plastic card per authorised person has no charge. Metal cards come with Grow and Scale, and Titan cards cost £65 per person a month plus VAT.
• Expenses: manage and reconcile expenses in the app with AI automations, at £8 per active user a month.
• Accounting: integrations with Xero, Sage, QuickBooks and 45+ other tools.
• Getting paid: accept payments online or in person, with Revolut's Terminal or Reader.
• Paying out: bulk transfers and custom approvals from Grow, Business API from Scale, plus Payroll.
• Savings: variable rates of 2.15% AER on Grow (up to £500k), 2.65% AER on Scale (up to £1m) and 3.3% AER on Enterprise (up to £2m). There's no savings option on Basic.

Revolut's pages don't set out an overdraft or loan for a Revolut Business account, so ask Revolut directly if you need credit.

Is Revolut Business safe?

Revolut launched as a UK bank in March 2026. Under its current Business Terms, your Revolut Business account is with Revolut Bank UK Ltd, a bank authorised by the PRA and regulated by the FCA and the PRA (FRN 981170). Eligible deposits with Revolut Bank UK Ltd are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000, across all your eligible deposits with the bank.

Older accounts are moving across. Revolut says an existing Revolut Business account will automatically transition from an e-money account with Revolut Ltd to a business current account with Revolut Bank UK Ltd, keeping the same account details, features and fees. Revolut doesn't give a date. Until your account moves, your money is safeguarded by Revolut Ltd under the e-money rules, not covered by the FSCS. Once it moves, safeguarding no longer applies and FSCS cover does. Check in the app which applies to your Revolut Business account. An older Revolut help page saying a Revolut Business account isn't FSCS-covered describes the e-money position before the move.

A few details matter:

• Limited companies and LLPs: eligible deposits up to £120,000 held with Revolut Bank are protected.
• Some businesses are excluded from FSCS cover, including banks, other financial institutions, investment firms, insurers, pension funds and most public authorities.
• Business Savings are separate. That money is held by a third-party deposit account provider, with Flagstone as trustee. It may be FSCS-protected depending on the provider, so check which one holds your savings.

Not sure what the difference between a bank and an e-money account means in practice? Our guide to bank vs e-money accounts explains it.

Cash and international payments

A Revolut Business account doesn't take cash. Revolut's help pages say: "We don't accept cash or cheque deposits." If your business takes cash, you'll need a second account to pay it in. Getting cash out costs 2% per ATM withdrawal on every plan.

International work is where a Revolut Business account earns its fee. Each plan includes a monthly allowance for exchanging at the interbank rate during market hours: £1,000 on Basic, £15,000 on Grow and £60,000 on Scale. Above that, Revolut adds a 0.6% markup, and exchanges outside market hours cost 1%. International transfers beyond your allowance cost £5, and a guaranteed SWIFT (OUR) payment, where you cover the charges, costs £20.

Here's a worked example for this Revolut Business review, using those published fees: if you exchange £10,000 a month, Basic would charge a 0.6% markup on £9,000, or £54, in addition to the £10 plan fee. Grow, at £35 a month, would include all of it. That's a worked example, not advice, so run your own numbers.

Who Revolut Business suits

Opening an account with Revolut

You apply for a Revolut Business account online. Revolut says the application takes about 10 minutes and that it aims to review your information within 24 hours of submission. Your company must be fully incorporated, active and registered in the UK.

1. 1

   Check your business type

   Private and public limited companies, LLPs, limited partnerships and partnerships are supported. Charities, trusts, cooperatives and public sector bodies are not.

2. 2

   Choose a plan

   Pick the Revolut Business account plan, Basic, Grow or Scale, based on how many transfers and how much currency exchange you'll need.

3. 3

   Verify your identity

   Complete a video selfie and upload your national ID or residence permit.

4. 4

   Send your business documents

   Upload your certificate of incorporation, proof of business activity and proof of your operating address.

5. 5

   List directors and owners

   Name your directors and any shareholders owning more than 25%. Revolut then reviews your application.

• Certificate of incorporation or registration
• National ID or residence permit for the video selfie check
• Proof of your operating address
• Proof of business activity

Sole traders: Revolut's Business Terms list new sole traders as eligible, but its help pages say freelancers and sole traders aren't supported for a Revolut Business account and point unregistered sole traders to Revolut Pro. Check with Revolut which product it will offer you before you apply.

Revolut Business limitations

For this Revolut Business review we checked how you get help. Support is through in-app chat, email and the Help Centre. A phone number is listed only for freezing a card.

Revolut Business vs Tide

Tide is our featured partner, so this part of our Revolut Business review sticks to each provider's published facts. Both are app-based. The biggest differences between a Revolut Business account and Tide are price and who can apply.

If you're a sole trader, take cash or want an account with no monthly fee, Tide may suit you better. If you're a company moving larger sums across currencies, the FX allowances on a Revolut Business account may be worth paying for. Our is Tide safe? guide explains Tide's protection in more detail.

New Tide members can use code STARTUP200 for up to £200 cashback: £75 after spending £100 on the Tide card within 30 days, plus £125 for paying £5,000 into a Tide Instant Saver within 7 days of opening and keeping it there for 30 days*. *T&Cs apply Read the conditions on our Tide promo code page.

Alternatives to Revolut Business

If this Revolut Business review shows it isn't quite right, compare business bank accounts side by side. A few reviews to read next:

• Wise Business review: multi-currency account details with no monthly fee and a one-off setup fee.
• Starling review: a UK bank account for everyday business banking.
• Monzo Business review, ANNA review, Zempler review and Mettle review for other app-based options.

Refer a friend scheme: we may earn a referral reward if you open an account through our link. Disclosure

Revolut Business FAQs

Sources

All checked 25 October 2026.

• Revolut: Business Terms
• Revolut: Business account plans
• Revolut: Business fees, all plans
• Revolut: Revolut Business
• Revolut Help: what will happen to my account when it's moved
• Revolut Help: now that Revolut is a bank, how is my money protected
• Revolut: Revolut is officially a bank in the UK
• Revolut: Business Savings
• Revolut Help: new business pricing plans
• Revolut Help: does Revolut Business accept cash deposits
• Revolut: business account comparison
• Revolut Help: what types of business entities are supported
• Revolut Help: changes to our Freelancer plans
• Revolut: Pro vs Business
• Revolut Help: additional information needed for onboarding