Softwr

Personal Finance · head to head

Revolut vs WorldRemit

Revolut logo

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
-
Full reviewWebsite
WorldRemit logo

WorldRemit

Personal Finance

Send money online to 150 countries

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only Revolut has a free tier, so it costs nothing to try first.
  • Each has a real cost: 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.; WorldRemit no transfer fee, exchange rate margin or sending limit is published on the site; rates and limits are shown only after choosing a destination country and receive method
  • They diverge on capability: Revolut covers Multi-currency accounts, WorldRemit covers International transfers.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Revolut and WorldRemit actually diverge.

Attributes where Revolut and WorldRemit differ
AttributeRevolutWorldRemit
Starting priceFreeOn request
Pricing modelFree standard tier; paid plans add higher limits, insurance and perkstransaction
Free tierYesNo
PlatformsiOS, Android, WebWeb, IOS, Android
FoundedUnknown2010

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 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)

Only in WorldRemit

  • International transfers
  • Multiple delivery methods
  • Send to 150+ countries
  • Cash pickup option
  • Bank accounts
  • Cards
  • Web support
  • IOS support

What people use each for

The jobs each tool is most often brought in to do.

Revolut

  • Someone travelling or living across multiple currencies who wants low-cost exchange and spending in one accountnot WorldRemit
  • A user in the EEA who wants their balance held with a licensed bank covered by a deposit guarantee schemenot WorldRemit
  • A UK-based user who understands their balance sits under e-money safeguarding rather than FSCS bank protection, and is comfortable with thatnot WorldRemit
  • An investor wanting stock or crypto trading integrated with everyday spending in a single appnot WorldRemit

WorldRemit

  • Sending remittances from developed markets to 130 or more receiving countriesnot Revolut
  • Paying out to mobile money, cash pickup and bank accounts abroadnot Revolut

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

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.

WorldRemit

  • No transfer fee, exchange rate margin or sending limit is published on the site; rates and limits are shown only after choosing a destination country and receive method
  • The amount that can be sent depends on the destination country and receive method rather than a single published cap

Pricing, plan by plan

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

WorldRemit

On request
  • Standard Transfer$undefined/month
    • Multiple payment methods
    • Competitive rates
  • Express Transfer$undefined/month
    • Faster delivery
    • Higher costs

Which should you pick?

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.
Revolut review

Choose WorldRemit if

  • You need international transfers.
  • You work on Web, IOS, Android.
  • You also want multiple delivery methods.
WorldRemit review

Questions people ask

Is Revolut or WorldRemit better?
Neither clearly leads. Revolut starts at Free and WorldRemit at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Revolut or WorldRemit?
Revolut has a free tier; the other does not. Paid plans start at Free for Revolut and On request for WorldRemit.
Does Revolut or WorldRemit run on more platforms?
Revolut runs on iOS, Android, Web. WorldRemit runs on Web, IOS, Android.
Can I use Revolut for free?
Yes. Revolut has a free tier, so you can try it without paying. WorldRemit starts at On request.
What is Revolut best used for?
Revolut is most often used for someone travelling or living across multiple currencies who wants low-cost exchange and spending in one account, a user in the eea who wants their balance held with a licensed bank covered by a deposit guarantee scheme, a uk-based user who understands their balance sits under e-money safeguarding rather than fscs bank protection, and is comfortable with that, an investor wanting stock or crypto trading integrated with everyday spending in a single app. Of those, someone travelling or living across multiple currencies who wants low-cost exchange and spending in one account and a user in the eea who wants their balance held with a licensed bank covered by a deposit guarantee scheme are not what WorldRemit is typically brought in for.
What can Revolut do that WorldRemit cannot?
Revolut covers Multi-currency accounts, Revolut Bank EEA deposits, Stock, crypto and commodity trading, Budgeting and spending analytics. WorldRemit covers International transfers, Multiple delivery methods, Send to 150+ countries, Cash pickup option.

Answered from the vendors’ own pages

Revolut: 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.

WorldRemit: How much cheaper is WorldRemit than banks?

WorldRemit is on average 46% cheaper than most banks, with no hidden fees. All costs display upfront before payment, including fees and the exact amount your recipient receives.

Source
Revolut: 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.

WorldRemit: What payment methods are available?

Three payment methods are offered: bank deposit, debit card, and credit card. Available options depend on your sending country.

Source
Revolut: 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.

WorldRemit: How long do transfers take?

In most cases, money transfers sent using WorldRemit will arrive within minutes. Expected delivery times display before payment, though some transfers may take longer depending on the receiving method.

Source
WorldRemit: What verification is required?

Phone verification via OTP occurs; identity verification requiring ID and a selfie may be necessary, typically completing within 4 minutes at least 90% of the time.

Source
Share

Related pages

More on Revolut

More on WorldRemit

Keep looking

Other head to heads