Revolut – International Money Transfer Review
Important: Revolut is not a fee-free service on the Standard plan. The mid-market rate applies only on weekdays and only within a £1,000/month combined fair usage limit. Above this limit a 1% fee applies on all further exchanges. Weekend transfers attract an additional 1% markup on Standard regardless of monthly usage. There is no truly free transfer – the question is which plan you are on and how much you exchange per month.
Revolut is the world's most widely used multi-currency consumer app with over 70 million customers. On a £10,000 Standard plan transfer above the fair usage limit, Revolut delivers approximately €11,455 – less than both Wise (€11,488) and specialist brokers. Premium plan users (£7.99/month) get 0 bps weekday rates with no monthly limit, making Revolut one of the most competitive providers on this page at that plan level.
| Pair | Interbank rate | Standard (within limit) | Standard (above limit) | Premium plan | Settlement |
|---|---|---|---|---|---|
| GBP/EUR | 1.1559 | 0 bps (weekday) | ~100 bps | 0 bps weekday | Instant (SEPA) |
| EUR/GBP | 0.8652 | 0 bps (weekday) | ~100 bps | 0 bps weekday | Instant (SEPA) |
| GBP/USD | 1.2700 | 0 bps (weekday) | ~100 bps | 0 bps weekday | 1–3 days (SWIFT) |
| EUR/USD | 1.0988 | 0 bps (weekday) | ~100 bps | 0 bps weekday | Fast (SEPA) |
| GBP/AUD | 2.0200 | 0 bps (weekday) | ~100 bps | 0 bps weekday | 1–3 days (SWIFT) |
| GBP/NZD | 2.1800 | 0 bps (weekday) | ~100 bps | 0 bps weekday | 1–3 days (SWIFT) |
Standard plan fair usage limit: £1,000/month across all currency exchanges. Above the limit: 1% fee. Weekend markup (Standard): +1%. Premium: 0 bps weekday exchanges, no fair usage limit. Rates indicative – confirm with Revolut before transacting.
Revolut's pricing model is fundamentally different from every other provider on this page. Rather than applying a percentage spread or fixed fee to each transfer, Revolut uses a plan-tiered model: the cost depends on your subscription plan and the day of the week, not on the transfer amount.
On the Standard plan (free): Revolut applies the interbank mid-market rate on weekdays, but only within a £1,000/month combined fair usage limit. Above this limit, a 1% fair usage fee applies. Weekend transfers (between 5pm Friday and 6pm Sunday Eastern Time) attract an additional 1% markup. The limit resets at the start of each calendar month.
On the Premium plan (£7.99/month): 0 bps on all weekday exchanges, no fair usage limit, no weekend markup. For users exchanging more than approximately £800/month in currency, the subscription cost is offset by the fee saving versus Standard.
GBP to EUR routes via SEPA – the same infrastructure used by European banks. This is why Revolut achieves fast or instant settlement on this corridor.
See how Revolut compares against all GBP/EUR providers on our live comparison page →
| Feature | Standard (free) | Plus (£3.99/mo) | Premium (£7.99/mo) | Metal (£14.99/mo) |
|---|---|---|---|---|
| Weekday FX rate | Mid-market (within limit) | Mid-market (within limit) | Mid-market (no limit) | Mid-market (no limit) |
| Fair usage limit | £1,000/month | £1,000/month | None | None |
| Fee above limit | 1% | 1% | 0% | 0% |
| Weekend markup | +1% | +0.5% | None | None |
| GBP/EUR on £10k above limit | ~€11,455 (~−90 bps) | ~€11,455 (~−90 bps) | ~€11,559 (0 bps weekday) | ~€11,559 (0 bps weekday) |
| Forward contracts | No | No | No | No |
| Breakeven vs Standard | – | Saves vs Standard above £800/mo | Saves from ~£800/mo exchange volume | Saves from ~£1,500/mo exchange volume |
Source: revolut.com/our-pricing-plans & revolut.com/legal/standard-fees (Mar 2026). Fees and plan terms subject to change.
For GBP/EUR transfers on the Standard plan above the £1,000/month fair usage limit, Revolut delivers €11,455 on a £10,000 transfer – approximately €69 less than Horizon Currency and €33 less than Wise. On the Premium plan on a weekday, Revolut delivers approximately €11,559 – outperforming all brokers on pure rate.
On the Standard plan, Revolut is competitive only within the £1,000/month fair usage limit on weekdays. Premium users at £7.99/month get the best rate available, outperforming even Horizon Currency. Use our comparison table →
Against UK high-street banks on the Standard plan above the fair usage limit, Revolut charges a 1% effective fee. Banks apply 275–460 bps on GBP to EUR – so even Standard above-limit Revolut (~100 bps effective) is still significantly cheaper than banks. On Premium, Revolut dramatically outperforms every bank on cost.
| Amount | FX rate | Variable fee | Fixed fee | Delivered (GBP/EUR) | Effective spread |
|---|---|---|---|---|---|
| £500 (Standard, within limit, weekday) | Interbank | 0% | None | ~€578 | good |
| £1,000 (Standard, above limit) | Interbank | 1% | None | ~€1,144 | warn |
| £5,000 (Standard, above limit) | Interbank | 1% | None | ~€5,721 | warn |
| £10,000 (Standard, above limit) | Interbank | 1% | None | ~€11,455 | warn |
| £10,000 (Premium, weekday) | Interbank | 0% | None | ~€11,559 | good |
| £25,000 (Standard, above limit) | Interbank | 1% | None | ~€28,804 | warn |
| Weekend transfer (Standard) | Interbank | 1% + 1% weekend | None | ~€11,327 | warn |
Standard fair usage limit: £1,000/month across all exchange types. Premium rate: 0 bps on weekday exchanges, no limit. Weekend defined as 5pm Friday to 6pm Sunday Eastern Time. All figures indicative.
Revolut was founded in 2015 in London by Nikolay Storonsky and Vlad Yatsenko. Originally launched as a prepaid card with no foreign exchange fees, Revolut expanded into current accounts, cryptocurrency, and stock trading. Revolut obtained a UK banking licence in July 2024.
As of 2025, Revolut serves over 70 million customers globally and processes over £100 billion in transactions annually. The company employs over 8,000 people and operates in 160+ countries, valued at approximately $45 billion at its last funding round.