The Revolut Premium account easily justifies its monthly cost by packing in high-value travel insurance, unlimited weekday currency exchange, and reliable banking protection.
SUMMARY
What it is: The Revolut Premium account is a digital-first banking plan offering upgraded transaction limits, discounted international transfers, and comprehensive lifestyle perks.
Who it’s for: It is designed for frequent travelers, expatriates, and users who regularly spend across different borders.
Main benefit: The main benefit is the ability to exchange unlimited amounts of money during the week with zero additional fees, alongside valuable travel insurance coverages.
Regulation / Licensing: Regulated by the Bank of Lithuania in the EU and the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) in the UK.
Deposit protection: Covered by the Lithuanian Deposit Guarantee Scheme up to €100,000 for EU users, and by the Financial Services Compensation Scheme (FSCS) up to £85,000 for eligible UK users.
Availability: Available in the EU, the UK, the US, and select global regions.
Official Site: Revolut
KEY FEATURES
- Unlimited Currency Exchange: Exchange money in multiple supported currencies with zero fees from Monday to Friday.
- Travel and Lifestyle Perks: Includes global medical insurance, delayed baggage insurance, and partner app subscriptions for fitness and news.
- Higher ATM Limits: Withdraw up to €400 (or equivalent) per rolling month with no withdrawal fees.
- Account Types: Premium is a mid-tier paid plan, sitting above the Standard and Plus accounts, but below Metal and Ultra.
- App Quality: Highly rated mobile app with intuitive budgeting tools, instant notifications, and 24/7 in-app support.
Pros
- Unlimited weekday currency exchange
- Comprehensive travel insurance included
- High deposit protection limits
Cons
- Monthly subscription fee applies
- Weekend markup fees on currency exchanges
- No physical branches for in-person support
FEES & COSTS
- Monthly fees: €10.99 / £7.99 per month.
- ATM fees: Free up to €400/£400 per rolling month, followed by a 2% fee on excess amounts.
- FX fees: 0% on weekdays; a 1% markup fee applies on weekends.
- Transfer fees: Free standard local transfers; discounted fees on international SWIFT transfers.
- Card fees: Free exclusive Premium card, though delivery fees may apply for replacements.
WHO IT’S BEST FOR
- Frequent travelers: Need cheap currency exchange and reliable travel insurance.
- Expatriates: Regularly send, hold, and receive money across borders.
- Smart Spenders: Can offset the monthly fee by actively using the included partner app subscriptions.
RATING
Methodology
We are transparent. See our full scoring methodology by clicking here.
