Revolut Business Account Review: Pros, Cons & Features

Revolut can offer a quick, simple way to manage your business finances and expand your business internationally. If you have customers or suppliers overseas, and your business often takes in foreign transactions, a Revolut business account could be especially valuable.

For example, having a local account in both sterling and euros could simplify everyday business for companies operating across the UK and EU. There’s also the potential for a £100 welcome bonus, if you meet the terms and conditions.

» COMPARE: Best business bank accounts

Revolut Basic Business Account

2.9 NerdWallet's ratings

Monthly Fee
£10

UK Card Purchase Fees
Free

UK Bank Transfer Fees
10 free per month

Offer
Get £100 welcome bonus*

Eligibility Criteria

• Available for limited companies, PLCs, LLPs, Partnerships & unlimited companies
• Currently available for companies registered in and with a physical presence within the European Economic Area (EEA) and Switzerland, US and AU

Review Summary

Revolut offers a range of business accounts to suit all types of businesses. If you’re a sole trader or freelancer, there’s the Revolut Pro account, which has several plan options, including one with no monthly fees. Alternatively, if you have a limited company or are in a partnership, there’s a set of other accounts, each designed to meet different needs, depending on whether you’re just starting out or looking to grow. Whichever camp you fall into, Revolut stands out for its multi-currency global payment and expense management capabilities in particular.  

Revolut key features:

• Fast account opening: Applying for a Revolut business account takes around 10 minutes, with most applications reviewed within 24 hours.
• Local accounts in different currencies: You can immediately set up local accounts in euros and dollars, as well as pound sterling.
• Expense management: Issue physical and virtual cards to team members, and set spending limits and controls.

NerdWallet's Pros & Cons

Pros:

• Revolut offers an account for sole traders with no monthly fees.
• Strong international features.
• Through its online and in-app chat function, Revolut offers 24/7 customer support.
• Excellent mobile app.
• You can hold local accounts in pound sterling, euros and dollars.
  

Cons:

• There is no free account option for limited companies.
• Deposits not protected by the Financial Services Compensation Scheme (FSCS).
• You cannot deposit cash or cheques into your Revolut business account.
• You cannot manage your account by speaking to someone over the phone or in a branch.
• You cannot access overdraft or credit facilities with your Revolut business account.

See Deal

This product may be one of a range offered by this provider. Always check terms & conditions for suitability before applying.

The pros and cons featured here are chosen by us based on a combination of our expert, research-based opinions and an exclusive survey of UK business owners and decision makers. The survey was conducted on behalf of NerdWallet UK in December 2022 to identify the business bank account features that people feel are most important. This was subsequently reinforced by an additional survey in 2024. They are unlikely to be the only product features and restrictions that you should consider. Pros and cons are subjective and you should align them to your own personal and business circumstances. Information was correct at the time of publication but may have changed since. 

Launched in 2015, Revolut is a financial services provider that has made its name as a challenger to the traditional banking groups. 

Through the Revolut Business app, businesses can send and receive global and domestic payments, track and approve spending, send invoices and more. The features available will depend on the level of plan you have.

Revolut Pro for freelancers

The Revolut Pro account gives self-employed users of the Revolut retail app whose company is not incorporated – such as freelancers, sole traders, and gig workers – a way to accept payments and to manage income and expenses. 

Your Pro account is managed via the Revolut retail app, but it comes with its own debit card and your transactions are kept separate from your personal transactions. 

There are five types of Revolut Pro account:

• Standard: With no monthly fee, this includes free local payments and the ability to make international transfers in over 30 currencies. There is a currency exchange limit of up to £1,000 per month.
• Plus: For £3.99 per month, you’ll receive everything from standard plus a free additional debit card and an increased currency exchange limit of £3,000 per month.
• Premium: Pay £7.99 per month and get 20% off international transfer fees and no limits on international transfers, advanced security and priority support, partnership subscriptions at no extra cost.
• Metal: At £14.99 per month, it includes 40% off international fees and no limits on international transfers, as well as top-tier partnership subscriptions worth £2,100 annually. 
• Ultra: With a £55 per month introductory offer, Pro includes exclusive lifestyle benefits worth over £5,000 per year, a platinum-plated card, and global data access in over 100 countries.

Company business accounts

To open a Company Revolut business account, you will need to be fully incorporated and have a valid business registration number. 

There are four types of Company Revolut business account:

• Basic: This has a monthly fee of £10 and ten free local payments per month, but no free international payments, no bulk payments, and no business API integrations.
• Grow: Starting at £30 a month, this account comes with 100 free local payments, five free international payments, one free metal bank card, the ability to make bulk payments, business API integration and select business Rewards offers.
• Scale: Starting at £90 a month, this account includes 1,000 free local payments, 25 free international payments, two free metal bank cards, plus the same features as the Grow account.
• Enterprise: This is a tailored account for larger businesses, with a custom monthly fee. This means it will have a bespoke number of free local payments, international payments, and metal Visa cards. It also has the same features as the Grow and Scale accounts, alongside a dedicated account manager.

Revolut business account features: at a glance

Fees may apply depending on plan type and limits. For full details refer to Revolut T&C’s.

Revolut business account pros and cons

Where Revolut business account stands out

• International capabilities: With Revolut, you can instantly set up local accounts not only in pound sterling, but in dollars and euros as well. You can also receive, hold and exchange money in more than 30 currencies across the world. 

• 24/7 customer support: Revolut offers 24/7 support for its business customers, through its in-app and online chat function.

• Range of accounts: Revolut offers five different business accounts to suit everyone from new freelancers to companies generating millions of pounds a year.

Where Revolut business account falls short

• No branch access: Revolut is an online-only service. This means that you won’t be able to visit your local branch to make transactions or seek support.

• Cash and cheques: You cannot deposit cash or cheques into your Revolut business account, which is a common feature of most traditional business accounts.

• No FSCS protection: Revolut is an e-money business account, and not a fully-registered bank, which means deposits are not protected under the Financial Services Compensation Scheme. Instead, funds are protected either by being deposited in a dedicated ‘safeguarding’ account, invested in low-risk assets approved by the regulator, or through an insurance policy.

Revolut business account customer reviews

Revolut customer reviews are generally very positive. On Trustpilot, Revolut has an ‘Excellent’ rating of 4.7 out of 5, based on over 360,000 reviews, though these aren’t solely business banking customers.  

That said, Revolut’s dedicated business app does rate extremely highly: 

• App Store: 4.9 out of 5, based on over 52,000 reviews
• Google Play: 4.7 out of 5, based on over 41,000 reviews

This information is correct as of 3 March 2026.

Revolut business account eligibility 

Revolut business accounts are available to the following types of businesses:

• private limited companies
• public limited companies
• limited liability partnerships
• limited partnerships
• partnerships

If you are a sole trader or freelancer, you will need to open a Revolut Pro account, a simplified business account that you can access via the personal Revolut app.  

1. Click ‘See Deal’ at the top of this page to be taken to the Revolut website.
2. Apply directly with Revolut – you don’t need to fill out anything for us. 
3. Submit your application and wait to hear back from Revolut. 

» COMPARE: Best business bank accounts

About the Author

Tim Leonard

Tim is a Lead Writer and Content Strategist at NerdWallet who has been writing about all aspects of personal and business finance for over 25 years. Throughout his time working…

Read more about Tim Leonard and explore their articles

Dive even deeper

How to Choose the Right Business Bank Account  

Choosing a business bank account involves finding the sweet spot between your business needs and an account’s features and fees.

by Tim Leonard

Compare Instant Business Accounts

Instant business accounts can often be applied for in minutes and let you start sending and receiving payments the same day. The key is to find an account that you…

by Tim Leonard

Compare Business Bank Accounts with Overdrafts

A business bank account with an overdraft can offer a financial safety net if your business faces cash flow challenges or unexpected bills.

by Tim Leonard