Revolut
All-in-one business finance with EU banking license
Revolut Free
Basic business account with limited free...
Free
Revolut Grow
More free transfers, priority support, t...
€25
/month
Revolut Business offers a full-featured business account with multi-currency support, expense management, and unlimited virtual cards. Since 2023, Revolut holds a European full banking license via its Lithuanian subsidiary — meaning deposit insurance up to €100,000 for EU accounts. Popular among e-Residents as a secondary account alongside Wise, especially for card payments and expense tracking.
I use Revolut as a secondary account alongside Wise. The unlimited virtual cards are great — I create one per SaaS subscription for clean expense tracking. For international transfers, Wise is better (lower fees, auto-sync with Xolo). But Revolut's EU banking license gives me deposit insurance, which Wise doesn't have. My recommendation: Wise as primary, Revolut as backup.
— Sebastian Kühn, e-Resident since 2015
Pros & Cons
Pros
- EU banking license — deposit insurance up to €100,000
- Free plan available with no monthly fees
- Unlimited virtual cards (great for separating subscriptions)
- Lithuanian IBAN (LT) — accepted across SEPA
- Free currency exchange up to monthly limit
Cons
- Free plan has transfer limits — paid plan needed for higher volume
- Xolo integration is limited/manual (not auto-sync like Wise)
- Customer support can be slow on free plan
- Less transparent fee structure than Wise for international transfers