Personal Finance · head to head
Quicken vs Revolut

Revolut
Personal Finance
Multi-currency financial app operating as a licensed bank in parts of the EU and as an e-money institution elsewhere
- From
- Free
- Rated
- -
The short version
- Only Revolut has a free tier, so it costs nothing to try first.
- Each has a real cost: Quicken promotional pricing available only for annual billing; higher rates apply for monthly billing; Revolut uK customer balances have historically been held under an e-money institution licence, meaning they are not covered by the Financial Services Compensation Scheme the way a traditional UK bank deposit is, even though Revolut was granted a restricted UK banking licence in 2024.
- They diverge on capability: Quicken covers Budget creation, Revolut covers Multi-currency accounts.
- Prices and features above were last checked on 1 September 2026.
Where they differ
Only the attributes on which Quicken and Revolut actually diverge.
Identical on both: user rating (Not yet rated), category (Personal Finance).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Quicken
- Budget creation
- Bill management
- Investment tracking
- Tax planning
- Bank accounts
- Investment accounts
- Credit cards
- Windows support
Only in Revolut
- Multi-currency accounts
- Revolut Bank EEA deposits
- Stock, crypto and commodity trading
- Budgeting and spending analytics
- Virtual and disposable cards
- Business accounts (Revolut Business)
What people use each for
The jobs each tool is most often brought in to do.
Quicken
- Individuals managing personal finances via Quicken Simplifi cloud app for budgeting and savings trackingnot Revolut
- Freelancers and self-employed managing business and personal finances via Quicken Business & Personal plannot Revolut
- Users preferring local data storage via Classic desktop editionsnot Revolut
Revolut
- Someone travelling or living across multiple currencies who wants low-cost exchange and spending in one accountnot Quicken
- A user in the EEA who wants their balance held with a licensed bank covered by a deposit guarantee schemenot Quicken
- A UK-based user who understands their balance sits under e-money safeguarding rather than FSCS bank protection, and is comfortable with thatnot Quicken
- An investor wanting stock or crypto trading integrated with everyday spending in a single appnot Quicken
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Quicken
- Promotional pricing available only for annual billing; higher rates apply for monthly billing
- Subscriptions auto-renew at current rates unless manually cancelled
Revolut
- UK customer balances have historically been held under an e-money institution licence, meaning they are not covered by the Financial Services Compensation Scheme the way a traditional UK bank deposit is, even though Revolut was granted a restricted UK banking licence in 2024.
- Regulatory status differs by country of use, EEA versus UK versus other markets, so the actual protection on a given balance depends on where the account is domiciled, not on the brand alone.
- Customer service has been a recurring complaint, with account freezes for fraud checks sometimes leaving customers unable to access funds for extended periods with limited direct human contact.
- The free tier caps fee-free currency exchange at a monthly allowance, after which a fair usage fee applies, so heavy multi-currency users may need a paid plan to avoid extra charges.
- The breadth of features, banking, trading, crypto and business accounts, spans multiple regulatory regimes and legal entities, which makes the overall structure harder for a typical customer to fully understand than a single-licence traditional bank.
Pricing, plan by plan
Quicken
$3.99/month- Quicken Simplifi$3.99/month
- Billed annually at promotional rate
- Regular price $6.99/month
- Mobile and web access
- Quicken Business & Personal$4.99/month
- Billed annually at promotional rate
- Regular price $8.99/month
- Mobile and web access
Revolut
Free- StandardFree
- Free multi-currency spending up to a monthly exchange allowance
- Basic budgeting tools
- UK balances held under e-money safeguarding, not FSCS-protected as a standard bank deposit
- Premium$7.99/month
- Higher free exchange allowance
- Travel insurance and card delivery perks
- Priority customer support
- Metal$14.99/month
- Cashback on card spending
- Higher limits across features
- Metal card and additional insurance cover
Which should you pick?
Choose Quicken if
- You need budget creation.
- You work on Web, iOS, Android, Windows, macOS.
- You also want bill management.
Choose Revolut if
- You need multi-currency accounts.
- You want to start without paying.
- You work on iOS, Android, Web.
- You also want revolut bank eea deposits.
Questions people ask
- Is Quicken or Revolut better?
- Neither clearly leads. Quicken starts at $3.99/month and Revolut at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Quicken or Revolut?
- Revolut has a free tier; the other does not. Paid plans start at $3.99/month for Quicken and Free for Revolut.
- Does Quicken or Revolut run on more platforms?
- Quicken runs on Web, iOS, Android, Windows, macOS. Revolut runs on iOS, Android, Web.
- Can I use Revolut for free?
- Yes. Revolut has a free tier, so you can try it without paying. Quicken starts at $3.99/month.
- What is Quicken best used for?
- Quicken is most often used for individuals managing personal finances via quicken simplifi cloud app for budgeting and savings tracking, freelancers and self-employed managing business and personal finances via quicken business & personal plan, users preferring local data storage via classic desktop editions. Of those, individuals managing personal finances via quicken simplifi cloud app for budgeting and savings tracking and freelancers and self-employed managing business and personal finances via quicken business & personal plan are not what Revolut is typically brought in for.
- What can Quicken do that Revolut cannot?
- Quicken covers Budget creation, Bill management, Investment tracking, Tax planning. Revolut covers Multi-currency accounts, Revolut Bank EEA deposits, Stock, crypto and commodity trading, Budgeting and spending analytics.
Answered from the vendors’ own pages
Quicken: How much does Quicken cost?
Quicken Simplifi starts at $3.99/month (billed annually) or $6.99/month (monthly billing). Quicken Business & Personal costs $4.99/month (annual) or $8.99/month (monthly). Annual billing offers savings versus monthly subscriptions.
SourceRevolut: Is my money safe with Revolut?
It depends on your country. EEA balances are held with a Lithuanian-licensed bank and generally covered by deposit guarantee up to 100,000 euro; UK balances have historically sat under e-money safeguarding rather than FSCS bank protection, though Revolut has been working toward full UK banking status since gaining a restricted licence in 2024.
Quicken: What is the difference between Quicken Simplifi and Quicken Business & Personal?
Quicken Business & Personal includes the ability to run up to 10 businesses at no extra cost, making it suitable for freelancers and small business owners. Quicken Simplifi is designed for personal finance and couples. Both are available on mobile and web.
SourceRevolut: Is Revolut a bank?
In the EEA, yes, through Revolut Bank UAB, licensed in Lithuania. In the UK, it has historically operated as an e-money institution and was granted a restricted banking licence in 2024, with full UK banking status pending completion of a mobilisation period.
Quicken: Can I cancel my Quicken subscription anytime?
Subscriptions auto-renew at then-current rates unless cancelled. The page indicates cancellation is possible but does not specify the cancellation process or any early termination fees.
SourceRevolut: Does Revolut charge for currency exchange?
Exchange is free up to a monthly allowance on the standard tier, after which a fair usage fee applies; paid plans raise or remove that allowance.
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