Revolut UK vs Standard Chartered Bangladesh

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%.

Standard Chartered Bangladesh

Who it suits

• Expats and travelers in Bangladesh who want a BDT 0 monthly fee on a current account
• Freelancers and small businesses receiving money from abroad, where No fee on inward remittances
• Students or savers wanting easy access savings from a BDT 0 minimum deposit

Who should look elsewhere

• PayPal Colombia, because its monthly fee is $0 as well, so cost alone will not separate the two
• Plazo ES, whose monthly fee is €0 too, so the deciding factors are the variable rate and the bank account rather than the monthly charge