Revolut UK vs Skrill

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%.

Skrill

Who it suits

• Expats and travellers who need to hold and send money in several currencies, with 47 available.
• Businesses paying suppliers abroad that want no monthly charge, since the monthly fee is €0.
• People who want help on a stuck transfer, since support covers help centre, email and phone.

Who should look elsewhere

• Readers who convert money often, since AXI Card Tarjeta y Credito charges 0% to convert against 3.99% here.
• People hunting for the lowest exchange cost, who would find XTB's 0.5% conversion fee easier to weigh.

Skrill