Revolut Business review
UK SMEs earning or spending internationally — 25+ currencies at interbank-grade rates.
Overview
Revolut Business is the multi-currency specialist: hold and exchange 25+ currencies in one account, convert at interbank rates inside monthly allowances (£1k Basic, £15k Grow, £60k Scale), pay 0.6% above them, and manage team cards, expenses and payroll add-ons from one polished platform. For businesses with international revenue or suppliers, the FX economics can pay the subscription many times over. The caveats demand attention: there is no free tier, allowances and out-of-hours markups (+1%) create a genuine fee labyrinth, cash and cheque deposits do not exist, and — critically — FSCS protection applies only if your account is held with Revolut Bank UK Ltd rather than Revolut Ltd. Check the footer of your statement; the cover follows the entity, not the brand.
Strengths and weaknesses
What we like
- 25+ currencies held properly — receive, hold and pay without forced conversion
- Interbank exchange inside allowances; 0.6% above — category-best FX economics
- Strong corporate cards, expense controls and a business API on Grow+
- Polished apps and fast onboarding
- Trustpilot 4.7 from 400k+ reviews is genuinely reassuring at this scale
What to watch
- FSCS protection depends on which Revolut entity holds your account — verify yours
- Fee labyrinth: plan allowances, 20p overage transfers, out-of-hours +1%, SWIFT options
- No cash or cheque deposits on any plan
- No Current Account Switch Service for business; basic plan starts at £10/mo
Key features at a glance
| Account type | Revolut Bank UK Ltd (FSCS) or Revolut Ltd (e-money) — entity varies |
| Deposit protection | FSCS £120k only for bank-entity accounts; otherwise safeguarding |
| Monthly fee | Basic £10; Grow £35; Scale £125; Enterprise custom |
| FX | Interbank within allowance (£1k–£60k/mo); 0.6% above; +1% out of hours |
| Transfers | 10 free (Basic) then 20p; international from 0 free (Basic) |
| Add-ons | Expenses ~£8/user/mo; payroll ~£3/user/mo; API on Grow+ |
Pricing
Basic £10/mo, Grow £35/mo (£360/yr), Scale £125/mo (£1,080/yr), Enterprise custom. Usage fees apply beyond allowances. Indicative — plan structures change frequently.
Who Revolut Business is for — and who should skip it
Best for
Exporters, importers, overseas-client service businesses and any UK SME for whom currency movement is a monthly reality.
Probably not for
Domestic-only traders (Starling is free), cash handlers, and anyone unwilling to verify their account entity for FSCS cover.
Our verdict — 8.1/10
Revolut Business is the international pick: if foreign currency flows through your P&L the FX savings dwarf the subscription — but domestic businesses are paying for a superpower they will never use, and everyone should check which Revolut entity protects them.
Revolut Business, head to head
How we review: scores reflect our editorial assessment using vendor documentation, published pricing, independent research and hands-on evaluation where noted — read our full methodology. Pricing is indicative — always confirm current plans with the vendor. We may earn commission from links on this page; it never affects our scores.