These Are the 8 Best Revolut Alternative Apps in 2024 (and Runner Ups)

Jarrod Suda


Byron Mühlberg


Apr 23, 2024
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Revolut is one of the most widely used digital finance apps in the world because it offers a sleek debit card attached to an excellent multi-currency account. It also offers customers access to travel perks, savings pots, savings on interest, and a smartphone app for budgeting and tracking purchases.

However, there are some downsides unique to Revolut. Depending on your nationality, Revolut will not allow you to access account details, making it impossible for you to get direct deposits from your friends or employers. Plus, not only can you not deposit cash into your Revolut account either, but if you get down to it, you might find many little features or drawbacks about Revolut that may make it not ideal for you.

Fortunately, the marketplace of competitors is full of excellent Revolut alternatives. As we'll see in this guide, various apps like Revolut offer similar core finance features with their own strengths, weaknesses, and use cases.

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In a rush? Here are our picks for the best Revolut alternatives if you're:

  • from the UK: Monese
  • from the USA: Chime®
  • from the Eurozone: N26
  • from Romania: Wise
  • from Switzerland: Yuh
  • from Poland: N26
  • from Australia, NZ, SG, Canada: Wise
  • wanting to transfer money: Remitly

Why Look For Revolut Alternatives?

Revolut is an excellent personal finance app. Customers get a fully digital checking account number and a debit card, which can access holdings of up to 30 different currencies. Few apps like Revolut provide international customers with easy and direct access to such a wide range of features and benefits. Perhaps most notably, Revolut's 'Standard' plan charges no monthly account maintenance fees, though there are paid accounts like Revolut Premium, Revolut Metal, and Revolut Ultra, which offer a wider array of features and benefits.

Despite Revolut's popularity, the platform doesn't cater to every financial need. For one, it is not a licensed bank in many countries, including the UK. Here are a few other ways that Revolut falls short:

  • Doesn't offer account details to customers from many countries (even though Revolut Lite has recently been expanding rapidly to new countries),
  • It charges a 2% fee for ATM withdrawals above $200,
  • Weekend markups,
  • No depositing of cash,
  • Does not use the mid-market exchange rate of FX,
  • Access to some services is restricted to 'Standard' account users.

If you're interested in any of these features or services, you may look for Revolut alternatives. If you're specifically interested in replacing Revolut for travel purposes, take a look at our guide on the best prepaid travel debit cards to learn more.

Below, we've ranked and reviewed eight of the best apps like Revolut, along with a few runner-ups worth considering:

Monese: Best in the UK

Monese is a mobile-only finance platform that offers fully-fledged checking accounts to more than two million customers across the UK and much of Europe. Because Monese doesn't require you to prove your residence to meet creditworthiness standards to open an account in the UK, we think Monese is especially well-suited for new arrivals to the UK from the European Economic Area (EEA).

  • Account name: Starter
  • Potential costs: £1.50 per cash machine withdrawal; 2% per foreign currency transaction not in GBP, EUR, SEK, or RON; £4.95 for debit card delivery.
  • Noteworthy features: PayPal integration, Avios integration, Money pots, interest.
  • More info: See our full Monese review.
  • Availability:

Chime: Best in the USA

Chime® is probably the best-known mobile finance app in the United States, which is lauded for its well-rounded and easy-to-use services. Open to those with a social security number, Chime provides you with a checking account (the Chime Checking Account) and an optional savings account (the Chime High Yield Savings Account) that yields 2.00% APY³. You can even access an optional interest-free credit builder called the Secured Chime Credit Builder Visa® Credit Card². Chime connects you to a network of over 55,000 ATMs for fee-free withdrawals and no international transaction fees — a great choice for travel abroad¹.

  • Account: Chime Checking Account
  • Monthly fee: $0¹
  • Overdraft: Yes2
  • Interest (APY on balance or savings): 2.00%³
  • FDIC-insured: Yes (The Bancorp Bank, N.A. and Stride Bank, N.A.)
  • US Runner-Ups: Current, Juno
  • More info: See our Chime review or visit their website.
  • Availability:

Wise: Best Multi-Currency Account

You might be familiar with Wise if you often need to send or receive money abroad. Formerly known as TransferWise, this UK-based fintech made its name by enabling cheap and fast international money transfers, bypassing traditional SWIFT transfers — which makes it a frequently featured player in Monito’s comparison engine! Aside from its money transfer product, Wise also offers a multi-currency account, which comes with a debit MasterCard. Its main feature is that it allows you to hold money in more than 50 currencies and gives you account details for 10 of them, including USD, EUR or GBP (though note that you will have to pay a small fee actually to exchange money).

You can compare Wise to Revolut directly with our Wise vs Revolut side-by-side comparison.

  • Account: Multi-Currency Account
  • Monthly fee: $0
  • Overdraft: No
  • Interest (APY on balance or savings): 0%
  • FSCS-insured: No (but partners with FSCS-insured Barclays UK)
  • More info: See our Wise Account review or visit their website.
  • Availability:
Wise Multi-Currency Account

Payoneer: Best For Business

Payoneer software interface business bank

Whether you use e-commerce platforms, Airbnb, or freelance platforms, Payoneer is a cross-border digital payments system that offers an excellent business account for SMEs and self-employed professionals. It is free to sign up for and is available for dozens of nationalities around the world.

Your business will have access to local bank accounts in nine countries (including USD, GBP, & EUR), meaning that you will be able to avoid costly international wires by withdrawing your revenue in local currency. Its integration with payment systems like Stripe and Amazon's check-out system will broaden your international market reach and save you money too.

N26: Best in Europe

N26 is arguable the best online bank in all of Europe. Although N26 is currently opening accounts for German, Austrian, and Spanish citizens only in 2022, customers can begin making bank deposits as soon as they open an account on their smartphone. You will get a debit card shipped to your house, which gives you fee-free ATM withdrawals across Europe (international withdrawals cost 1.5%) and zero international card transaction fees. N26 gives you an IBAN and integrates with Wise to give you low-fee international money transfers. Its budgeting tools and savings pots are beloved by customers too.

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N26 is not available in the UK or the US. Only valid residents and citizens of N26's supported countries may apply for accounts.

  • Account: Standard
  • Monthly fee: $0
  • Overdraft: Yes
  • Interest (APY on balance or savings): varies by partner bank
  • GDPS-insured: Yes
  • EU Runner-Ups: Tomorrow, Bunq
  • More info: See our N26 review or visit their website.
  • Availability:

Yuh: Best in Switzerland

Swiss neobank Yuh is an excellent online account and card offering attractive fees. Backed by PostFinance and Swissquote, Yuh is a trustworthy spending platform that offers a simple and elegant digital banking solutions for Swiss residents (and for residents of EU countries neighbouring Switzerland).

  • Account: Yuh
  • Monthly fee: CHF 0
  • Overdraft: No
  • Interest (APY on balance or savings): 1.00%
  • FINMA-insured: Yes, through Swissquote
  • Swiss Runner-Ups: neon
  • More info: See our Yuh review or visit their website.
  • Availability:

Monese: Best For EU-UK Co-Residents

If you are a citizen in the European Economic Area looking for an easy-to-open UK account, then Monese may be for you. Without having to show proof of UK residency, Monese will give you a multi-currency account for GBP, EUR, Romanian leu, plus an EU IBAN and a UK sort code. The app also supports virtual cards and joint accounts for family members. Monese sets low limits on international spending allowances, so we recommend you use Monito's money transfer comparison engine to find better deals. But Monese makes up for it with its other diverse products, which include interest on your savings, purchase insurance, and an interest-free credit builder.

  • Account: Starter
  • Monthly fee: $0
  • Overdraft: No
  • Interest (APY on balance or savings): Varies by plan
  • FSCS-insured: No (but your money is stored as e-money with PrePay Solutions, authorized by the FCA)
  • UK Runner Ups: Monese, Monzo
  • More info: See our Monese review or visit their website.
  • Availability:

KOHO: Best in Canada

Koho offers interest-earning chequing accounts with direct deposit set up and a credit card providing 1% or more cash back on select categories. Utilize their optional credit builder tool to improve your credit history, and as of April 2024, up to 5% interest on your balance based on your chosen plan.

The smartphone app tracks your spending and offers a RoundUp feature to move your spare change into your interest-bearing savings account. Koho offers overdraft protection at no interest, and their paid plans offer one free international ABM withdrawal per month.

  • Account: Essential
  • Monthly fee: C$4 ($0 if you set up recurring direct deposits or deposit $500 per month)
  • Overdraft: Yes
  • Interest (APY on balance or savings): Up to 5%
  • CDIC-insured: Yes
  • More info: See our KOHO review or visit their website.

Remitly: Best For Money Transfers

Revolut does offer low-cost international money transfers straight from their mobile app, which can be an excellent choice if you send less than $1,000 per month. Under this limit, you benefit from zero fixed fees. However, if you send more than $1,000 per month abroad to friends or family, then you may want to consider another service that charges very low fixed fees and strong exchange rates.

Monito's comparison engine searches for the best rates of international money transfer services in real-time and has found that Remitly consistently ranks as the best choice for transfers from the UK, the US, and the Eurozone. Use Monito's real-time comparison engine to stay up to date on the best rates.

FAQ About the Best Bank and App Alternatives to Revolut


Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC. Credit Builder card issued by Stride Bank, N.A.

¹ Out-of-network ATM withdrawal and over-the-counter advance fees may apply. See here for details.

² To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Chime Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.

³ The Annual Percentage Yield ("APY") for the Chime Savings Account is variable and may change anytime. The disclosed APY is effective as of September 20, 2023. No minimum balance is required. Must have $0.01 in savings to earn interest.

⁴ On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score. Results may vary.

⁵ SpotMe® on Credit is an optional, no-interest/no-fee overdraft line of credit tied to the Secured Deposit Account available to qualifying members with an active Chime Credit Builder Account. SpotMe on Debit is an optional, no-fee overdraft service attached to the Chime Checking Account available to qualifying members after Visa debit card activation. Both SpotMe on Credit and SpotMe on Debit are sometimes collectively referred to as "SpotMe" or, if you have signed up to use SpotMe with only one account, "SpotMe" means the elected service. To qualify for SpotMe, you must receive $200 or more in qualifying direct deposits to your Chime Checking Account monthly. Qualifying members will be allowed to overdraw their Chime Checking Account and/or Secured Deposit Account (associated with your Chime Credit Builder credit card) up to $20 but may be later eligible for a higher limit of up to $200 or more based on Chime account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime’s sole discretion. Although Chime does not charge any overdraft fees for SpotMe, there may be out-of-network or third-party fees associated with ATM transactions. SpotMe Debit Terms and Conditions and SpotMe on Credit Terms and Conditions.

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