Neobank comparison
Compare Monzo and Revolut side by side: fees, regulation, platforms.
Best for budgeting
Monzo turned budgeting into the headline feature of a current account. For UK users who want to see and shape…
Best all-rounder
Revolut packs the widest range of money features into one app. It is the default pick for travellers and anyo…
| Feature | Monzo | Revolut |
|---|---|---|
| Monthly fee | Free | Free |
| FX markup | 0% | 0.50% |
| Savings APY | 3.50% | 1.74% |
| Currencies | 1 | 36 |
| Card network | Mastercard | Visa and Mastercard |
| Deposit protection | FSCS up to 85,000 GBP | Safeguarded (FCA); DGS up to 100,000 EUR via Revolut Bank in the EEA |
| Regulators | - | - |
| Best for | Best for budgeting | Best all-rounder |
| Markets & account | ||
Monzo
Monzo turned budgeting into the headline feature of a current account. For UK users who want to see and shape their spending, nothing else comes close on usability.
Confirm current fees and rates on the provider's site. T&Cs apply.
Revolut
Revolut packs the widest range of money features into one app. It is the default pick for travellers and anyone who wants spending, saving and investing under one login.
Confirm current fees and rates on the provider's site. T&Cs apply.
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