Revolut Business review

Revolut Bank UK Ltd holds a full UK banking licence as of 11 March 2026 (PRA & FCA). Migration from the former EMI entity is phased over several months.

Businesses moving money across currencies or running teams on expense cards

Visit Revolut Business

At a glance

Monthly fee: Basic £0
Paid tiers: [VERIFY: current Revolut Business tier names and prices — Grow approx £30/month and higher tiers]
Free transfers: [VERIFY: tier-dependent allowances; strong multi-currency FX within allowances]
FSCS protection: Migrating — £120,000Eligible deposits with Revolut Bank UK Ltd are FSCS-protected up to £120,000, but only once an account is migrated to the bank entity. Accounts opened before 11 March 2026 may still sit with the EMI entity and migrate in phased batches — protection depends on migration status. Verify your account’s status before relying on FSCS cover.
Best for: Businesses moving money across currencies or running teams on expense cards

Pros

Multi-currency — hold and exchange 25+ currencies
Now a licensed UK bank with FSCS (post-migration)
Team expense cards and spend controls
Strong FX at interbank-style rates within allowances

Cons

FSCS depends on account migration status — verify per account
Plan fees buy little if you only transact in GBP
Historically mixed customer support reputation
[VERIFY: does not accept sole traders/charities/public sector — confirm current structure eligibility]

Who can apply

Limited companies. [VERIFY: current acceptance — historically not sole traders]

Integrations

[VERIFY: Xero, QuickBooks, FreeAgent — confirm current]