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Softonic review

Pay in foreign currencies easily, online or abroad, for free

Revolut is a payment service available at your fingertips via your mobile phone. It allows you to spend money the way a normal MasterCard might, but it provides all of its services, such as store purchasing, top-ups and currency conversion, with no fees. It's similar to, and competes with, other alternative cards such as Number26's MasterCard.

The finer points of foreign exchange

Using Revolut is a simple experience. Once again, it essentially provides you with a MasterCard that you can use fairly effectively wherever you might be. The app itself provides all of the details you'd want to know from, say, a bank about your transactions. What it also does is convert the currency you use at authorization time: so for example, it uses a fixed exchange rates with a 1% risk premium on weekends.

A useful service for many

Overall, despite its small deficiencies, Revolut is useful in a number of cases. It could prove helpful to anyone who has poor credit but wants to pay in situations where a credit card is convenient or necessary. Monetarily, converting the currency you use at purchase time with Revolut can make a small difference in your favour, or it can cost you slightly more, than a standard credit. But overall, as long as you understand how it works and are willing to risk a small premium for its other advantages, this app just might be for you.

PROS

  • Simple to use
  • Smooth conversion

CONS

  • Requires learning
  • Not strictly better

Program available in other languages



User reviews about Revolut

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Laws concerning the use of this software vary from country to country. We do not encourage or condone the use of this program if it is in violation of these laws. Softonic may receive a referral fee if you click or buy any of the products featured here.