Revolut has made a name for itself for being cheap. There is a wide variety of fees that the company charges, but then again its services are also numerous. We collected the main types of fees you need to keep an eye on when banking or trading on Revolut.
• Low trading fees
• Custody fees
• No top up fees, conversion fees on weekends only
• Card fees
• No account fee
• Currency exchange fees on weekends
Main fees when banking with Revolut
|Fee category||Fee level||Fee terms|
|Currency exchange fees||0.5%||Currency exchange fees are 0.5% on weekends only|
|Card fees||€5.99/£4.99||In the free plan, it costs €5.99/£4.99 to have your first physical card delivered. This is free in the Premium account.|
|ATM fees||Free up to €200/£200 per month, 2% after that||Withdrawing money from any ATM is free up to €200/£200 per month and it costs 2% after that|
|Transfer fees||Free, SWIFT carries a fee||It’s free to transfer money from your Revolut account to any other international bank with normal wire transfers, and transferring in the same currency is also free. However, there is a charge to use SWIFT.|
|Top-up fee||Free||There is no charge for top-ups|
Account opening is free and maintaining your account is also free, with no monthly cost.Account opening and maintenance fee
Revolut plans for individuals:
- Standard (free for individuals)
- Plus (2.99 € / month for individuals)
- Premium (7.99 € / month for individuals)
- Metal (13.99 € / month for individuals)
Revolut plans for companies:
- Free (free for companies)
- Grow (25 € / month for companies)
- Scale (100 € / month for companies)
- Enterprise (bespoke for companies)
Revolut plans for freelancers:
- Free (free for freelancers)
- Professional (7 € / month for freelancers)
- Ultimate (25 € / month for freelancers)
In the free plan, it costs €5.99/£4.99 to have your first physical card delivered. This is free in the Premium account.
Withdrawing money from any ATM is free up to €200/£200 per month and it costs 2% after that.
It’s free to transfer money from your Revolut account to any other international bank with normal wire transfers, and transferring in the same currency is also free. However, there is a charge to use SWIFT.
Currency exchange fee
On weekdays, Revolut offers competitive exchange rates with a tight spread between the buy and sell prices based on market rates sourced from third-party providers. This is true both when doing an international transfer and when using an ATM to withdraw money.
Exchanging currencies with Revolut is free up to €1,000/£1,000 per month on weekdays, but it costs 0.5% above this amount.
On weekends, the exchange rates are fixed and they include a markup both in the free and the paid account plans.
Revolut does not charge a fee when you top up your account using another bank card.
Main fees for trading stocks, crypto and gold
|Fee category||Fee level||Fee terms|
|US stock trading fees||Low||Unlimited free stock trades for Metal accounts; 5 and 3 monthly free stock trades for Premium and Plus accounts, respectively. 1 free trade for Standard accounts|
|Gold trading fees||0.25% markup during market hours 1% markup during non-market hours||Gold (XAU) can now be traded with Premium and Metal accounts if you add an XAU account through the Commodities widget. The product's costs are derived from the XAU market with a 0.25% markup added by Revolut during market hours and a 1% markup during non-market hours.|
|Crypto trading fees||1.5% markup on bid or ask price||Revolut provides cryptos from the Bitstamp crypto exchange and charges a 1.5% markup on the cryptocurrencies' bid or ask price.|
Why did we choose these fees?
To get things rolling, let's go over some lingo related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.
- Trading fees occur when you trade. These can be commissions, spreads, financing rates, and conversion fees. Revolut only has fixed trade costs.
- Non-trading fees include charges not directly related to trading, like withdrawal fees, inactivity fees, or account management-related fees, like top-up fees.
All fees are universal - meaning, you’ll be charged the same fees abroad.
Revolut trading fees in detail vs. competitors
Trading fees are low for both stocks and cryptos.
You can choose from three different account types at Revolut; each charges different fees for stocks:
- the Standard account is free and includes 1 free stock trade per month (previously 3);
- Plus users have 3 free stock trades per month;
- the Premium account costs $9.99 per month and includes 5 free stock trades per month (previously 8);
- the Metal account costs $14.99 per month and allows you to make an unlimited number of free stock trades.
Once you have exceeded your monthly free trade limit, each trade costs £1, or its close equivalent in your base currency:
|GBP 1||EUR 1||DKK 9||NOK 11|
|PLN 4||RON 5||CZK 28||SEK 11|
|BGN 2||HUF 368||HRK 8|
Revolut non-trading fees in detail vs. competitors
Revolut has low non-trading fees; it charges no inactivity or withdrawal fee. However, it charges an annual custody fee of 0.12%. This is an x12 growth compared to the previous custody fee.
There’s also a 2% withdrawal fee for ATM cash withdrawal if you withdraw over your limit which is different for every account.
- Standard plan users can withdraw a total of €200, or make a total of 5 ATM withdrawals per month (whichever comes first).
- Plus users have €200 per month in free ATM withdrawals
- Premium users have €400 per month in free ATM withdrawals
- Metal users have €800 per month in free ATM withdrawals
*Withdrawal fees apply after surpassing the monthly limit of free ATM withdrawals