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Updated September 29, 2026 · VaultCue Editorial Team

MoMo vs Revolut UK

MoMo scores 8.8 and Revolut UK 9.0 out of 10. Compare their differences and shared features below.
Revolut UK

Revolut UK

Higher score in this comparison

9.0/10
Visit
MoMo

MoMo

8.8/10
See alternatives

MoMo vs Revolut UK: the differences

MoMo vs Revolut UK
CompareMoMoMoMoReviewSee alternativesSee alternativesRevolut UKRevolut UKReviewVisitVisit
Monthly fee₫0£0
Currency conversion fee2%0% to 1%Lower
Currencies130Higher
Transfer feeBank cash-out free up to 30,000,000 VND per month, then 0.5% of transaction value; 1% of transaction value once the monthly total exceeds 100,000,000 VNDFree in SEPA; paid plans discount elsewhere, free on Ultra worldwide
Licence typeNot confirmedE money
Deposit protectionNot confirmedFSCS up to GBP 85,000
Local account detailsNot confirmedIBAN
Free ATM withdrawals₫30,000,000Not confirmed

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Key differences

  • Revolut UK scores higher overall: 9.0 vs 8.8.
  • Founded is lower at MoMo: 2007 vs 2015.
  • Revolut UK is licensed in 2 more countries.
  • Currency conversion fee is lower at Revolut UK: 0% to 1% vs 2%.
  • Currencies is higher at Revolut UK: 30 vs 1.
  • Audience: only MoMo offers Student, Business.
  • Audience: only Revolut UK offers Travelers, Freelancer.
  • Features: only MoMo offers Digital only.
  • Features: only Revolut UK offers Free ATM, Joint account.

Our verdict on each

MoMo

MoMo is a digital wallet for people living in Vietnam who want everyday payments handled from a phone rather than a branch. It charges a monthly fee of VND 0 and holds a State Bank of Vietnam licence, and it covers 1 currency, which points to a local account.

Read the full MoMo review

Revolut UK

Revolut UK's savings account suits savers who want easy access to their money and no monthly charge: the easy-access balance pays 4% on a variable rate, each deposit is covered by FSCS up to GBP 85,000, and the account kind is easy access so nothing is locked away for a term.

Read the full Revolut UK review

Score breakdown

MoMo vs Revolut UK
AreaMoMoRevolut UK
Cost8.6The monthly fee is VND 0 and the transfer fee is VND 0, but conversion at 2% sits above the site median of 0.5%.9.3HigherA monthly fee of £0, a minimum deposit of £0 and a plan conversion fee that runs 0% to 1%.
Offer9.09.6HigherThe listed features are free atm and joint account, and the app holds 30 currencies in total.
Trust8.8Higher8.5

Where each is licensed and available

MoMo vs Revolut UK
CountryMoMoRevolut UK
CyprusNot confirmed
LithuaniaNot confirmed
LT_BL PSD_EMI LT_LT_BL_304940980
United KingdomNot confirmed
VietnamNot confirmed

Spending 1,000 abroad

MoMo

20

2% of 1,000

Revolut UK

0 to 10

0% to 1% of 1,000

Revolut UK comes out 20 lower in this example.

Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.

Pick MoMo if, pick Revolut UK if

Pick MoMo if trust matter most.

Pick Revolut UK if cost, offer, currency conversion fee, and currencies matter most.

How they place

MoMo vs Revolut UK
RankingMoMoRevolut UK
Business bank accounts204 of 56323 of 563
Student, teen and kids accounts143 of 27310 of 273

Every fact side by side

MoMo vs Revolut UK
FactMoMoRevolut UK
AudienceTeen, Student, BusinessTravelers, Freelancer, Teen
Pricing modelNo monthly feeNo monthly fee
FeaturesDigital onlyFree ATM, Joint account
Legal entityMobile Services Joint Stock Company (M_Service JSC)Revolut Payments UAB
HeadquartersVietnamLithuania
Founded2007Lower2015
Support channelsPhone, Email, Help centre, ChatChat, Phone, Help centre, Email

Money transfer

MoMo vs Revolut UK
FactMoMoRevolut UK
Delivery timeInstantNot confirmed
Payout methodsBank, Cash pickup, WalletNot confirmed
Fee to send 1,000₫0Not confirmed

Where each stands against the rest

MoMo vs Revolut UK
FactMoMoRevolut UKMedian
Currency conversion fee2%above the median0% to 1%below the median0.5%
Currencies1lowest quarter30highest quarter5

Median across 536 listed accounts.

Pros and cons

MoMo

Pros

  • No monthly charge, listed at VND 0 for the everyday account
  • Transfers land Instant, so payments and payouts clear quickly
  • Cash-out reaches banks, pick-up points and wallets through bank, cash pickup and wallet

Cons

  • Currency conversion costs 2%, above the site median of 0.5%
  • Only 1 currency is covered, against a site median of 5
  • The account is digital only, so there is no branch to visit

Revolut UK

Pros

  • Access is instant in the app, with fee-free withdrawals and no withdrawal limits.
  • Support runs on chat, phone and help centre, so a phone call or email is possible when the app is not enough.
  • Regulated in the UK and in Europe: the account is run by Revolut Payments UAB, founded in 2015 and headquartered in Lithuania.

Cons

  • The rate type is variable, so the 4% can move and nothing is fixed for a set period.
  • The savings sit with a savings deposit partner rather than the brand itself, and the account licence type is e money.
  • On headline rate the account ranks at 142 of 473 brands compared, so the return is competitive rather than exceptional.

Who each suits

MoMo

Who it suits

  • Teenagers and students who pay and receive money by phone
  • Small businesses in Vietnam taking daily payments from customers
  • Anyone who wants money to move instantly inside the country

Who should look elsewhere

  • Skrill or Plazo ES, euro wallets at a €0 monthly fee for another market
  • PayPal Colombia, whose cross-border reach suits international payments more than local ones
  • Anyone who wants a branch to visit, since the account is digital only

Revolut UK

Who it suits

  • Savers who want instant app access and no charge for holding the balance, rather than a card and credit deal such as AXI Card Tarjeta y Credito at 21.59%.
  • Travelers, freelancers and teens, the audience named in travelers, freelancer and teen, who want 30 currencies and a conversion fee that runs 0% to 1%.
  • Anyone starting out with a wallet, since PayPal Colombia is the listed alternative at 3.3% and this balance pays 4% with iban details.

Who should look elsewhere

  • Savers shopping on the headline rate alone: the listed alternative Plazo ES shows 24.19% and AXI Card Tarjeta y Credito shows 21.59%, both far above the 4% paid here.
  • People who need the return fixed for a set period, since the rate type is variable and the balance is easy-access by design.
  • Customers who want the deposits held by the brand itself: the account licence type is e money and the savings sit with a savings deposit partner, a different structure from the listed wallet alternative PayPal Colombia at 3.3%.

Current offers

MoMo

Current offer

  • Bonus

    CHAOMOMO new-user code: 500,000 VND gift pack for new users

    New MoMo users entering code CHAOMOMO; budget limited

    Source, checked September 26, 2026

  • Bonus

    IDOL new-user code: 1,500,000 VND in transport, food and concert spending

    New MoMo users entering code IDOL

    Source, checked September 26, 2026

Country by country

MoMo vs Revolut UK
CountryMoMoRevolut UK
VietnamYesNo

Questions about each

MoMo

Does MoMo charge a monthly fee?+

No. The monthly fee is VND 0, and the service runs on a no-monthly-fee model. The transfer fee is also listed at VND 0, with charges applying only once cash-out allowances are passed. The free tier is what most everyday users rely on.

What does it cost to change currency?+

Currency conversion costs 2%. That is above the 0.5% median across the brands on the site, and MoMo sits at 214 of 312 on this measure, so conversion is the weak point of an otherwise free service.

Revolut UK

What rate does the Revolut savings account pay?+

The easy-access balance pays a headline rate of 4%, and the rate type is variable, so the return can move with the market. Nothing has to be locked away for a term, and the account kind is easy access, so interest is credited on the balance you keep.

Is there a monthly fee or a minimum deposit?+

The monthly fee is £0 and the minimum deposit is £0, so the account can be opened with nothing in it and left open without a charge. The model is listed as no monthly fee, and 91.7% of the accounts compared run the same way.

Other options to compare

Revolut UK

Visit

MoMo

See alternatives