Revolut Premium Review

May 30, 2023
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According to our extensive research, Revolut Premium, the mid-tier offering from fintech giant Revolut, is one of the best premium digital accounts you can open. With its panoply of savvy features and its modest price, Revolut Premium stands out among premium account offerings and rivals more expensive plans from Revolut and elsewhere. 

In this short review, we unpack what makes Revolut Premium special compared to other Revolut plans and how it stacks up to other premium offerings from competitors. Then, we offer our verdict on whether or not Revolut Premium might be worth it for you!

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In our view, Revolut Premium is the clear leader of Revolut's plans and the best paid online account for most people. With its low costs and abundant benefits, it's the ideal account for users looking for many perks at home and abroad. ✨ Get three months of free Revolut Premium with our exclusive link (valid for first-time users upgrading within 72 hours of account opening before 31 Dec 2023 - T&Cs apply).

Key Facts About Revolut Premium

💷 Monthly fee

- GBP 6.99
- EUR 7.99
- USD 9.99
- RON 29.99
- SGD 9.99

🏧 Free ATM withdraw limits

- GBP 400 /month
- EUR 400 /month
- USD no limits
- RON 1,600 /month
- SGD 700 /month

💰 Cashback

0% (only with Revolut Metal)

🚚 Card delivery cost

No fee

🏦 Local account details

- UK account (UK + EEA users)
- EU IBAN (UK + EEA users)
- US account (US users)
- Singapore account (SG users)

🌍 Travel protections

- Car hire excess
- Delayed flight/baggage
- Winter sports coverage
- Discounts on airport lounges

However, before we look more closely at the details, let's take a look at the table below to get an overview of Revolut Metal's most interesting features and what we think about them:





  • Covers trips up to 40 days for:
  • 1. Medical emergencies (incl. winter sports)
  • 2. Trip cancellation and interruption.

Decent value, but somewhat limited.

Purchase Protection

  • Up to £10,000 in damages and theft
  • Up to £1,000 for cancellations
  • 90-days return window for purchases
  • 20% discount on device insurance

Nice in theory, but your mileage will vary depending on your claims.

Currency Exchange

  • Fee-free currency exchange in supported currencies
  • 20% discount on any costs

A great perk if you travel a lot or work outside your home country.


  • Up to £/€400 in free withdrawals /month
  • 2% fee thereafter

Not great if you withdraw cash often.

Savings and Investments

Up to 2.25% interest on savings "vaults" (UK and US only) with bonus interest based on your spending. You can also trade US stocks with free unlimited trades, and invest in precious metals and cryptocurrencies, at 0.25% and 1.5% markup, respectively.

Low cost, but limited compared to traditional banks or broker dealers.

Card Design

Premium plastic debit card, available in three different finishes.

Nice to have if you're sick of Revolut's purple card.

Monthly Fee¹

  • GBP 400 /month
  • EUR 400 /month
  • USD no limits
  • RON 1,600 /month
  • SGD 700 /month

A decent price for what you get — especially if you pay for a year upfront.


One-year commitment, which you can pay to end early.

The minimum term is quite long, but it might give you an incentive to pay upfront.

Last updated: 28/04/2021
¹ Discounted when paid upfront on an annual basis

Pricing and Minimum Duration

Revolut Premium, priced at £6.99 (or €7.99 or $9.99) a month, belongs to what could be called the "middle tier", between the cheap Revolut Plus and the pricier Revolut Metal. In its category, it stands on the more expensive side: it's cheaper than N26 You, which costs €9.90, but a bit more expensive than its main UK competitor, Monzo Plus, which costs £5 a month. Monese Classic is also cheaper, at £5.95 (€5.95), and even £4.16 (or €4.16) per month if you pay for a year upfront — albeit with fewer fancier features.

Revolut Premium does have a minimum contract duration of one year, but if you can afford to, it makes paying upfront a no-brainer since doing so gives you a discount of about 20%, resulting in a monthly price of £6 (or €6.84 or $8). If you live in the UK, that makes it a bit more competitive with Monzo Plus, which does, however, offer a slightly more convenient minimum contract of 3 months only.

Travel Features 

Like Revolut's more expensive Revolut Metal plan, Premium has many travel-oriented features. As of November 2022, your Revolt Premium account allows you fee-free international transfers and a 20% discount on incurred costs, a significant downgrade from its previous offering of unlimited transfers and payments to thirty supported currencies. If you need cash abroad, you can withdraw up to £400 (or €400) every month for free, though that limit also applies at home. 

Revolut Premium also comes with travel insurance, which covers medical emergencies — including if they happen on a ski slope, for example — as well as delayed luggage and late flights for trips of up to 40 days. On top of this, if one of your flights is delayed by more than an hour, you'll also get to wait for it in a lounge for free, thanks to SmartDelay.

These features are a rarity at that price point: only N26 You has a comparable offer, and it's not available in the UK.

Everyday Protection

While travel insurance is a flashy perk, you might make more use of Revolut Premium's "everyday" features, which are unique offerings for a fintech app. First, they include purchase protection for up to £2,500 (or €2,500) a year in case of accidental damages or theft. If you were planning to attend an event that ends up being cancelled, you could get your tickets reimbursed — up to £1,000 (or €1,000) per year — and you also get a 90-day window to return purchases if the seller's policy is shorter.

These features are also included with Revolut's cheaper Plus plan, though its purchase protection only goes up to £1,000 (or €1,000) a year, and it doesn't come with Premium's 20% discount if you want to insure your phone through Revolut.

Savings and Investments

While fintech apps like Revolut started by mainly focusing on current accounts, with no real saving opportunity beyond basic "pots" that don't accrue any interest, they have recently become more and more advanced by including savings and investments accounts, on which Revolut Premium subscribers get preferential treatment. Here's what Revolut Premium has to offer in terms of savings and investments:

  • Savings: Revolut's most basic offering in this domain is their savings "vaults", — which are only available in the UK and the US for now. Revolut Premium UK users get a pretty good 2.25% APY on savings – calculated daily – which means that for every £1,000 they keep in such a vault for a year, they'll have accrued £22.5 in interest after twelve months. In the US, Premium users get a less impressive 1.20% APY, which translates to $10.20 for every $1,000 held yearly in a savings vault. However, they get monthly bonus interest on an amount of their savings equivalent to their spending with their Revolut card over the last month. The bonus is set at an annual 4.5% rate, which, divided over 12 months, translates to a roughly 0.367% monthly rate: if at least $1,000 are kept in a savings vault, $1,000 spent with the Revolut card over a month means a $3.67 bonus interest the following month.

Exclusive Card Design

Mid-tier fintech app plans usually come with an exclusive card design, and Revolut Premium is no exception. You get to choose between three metallic finishes in space grey, silver, and rose gold, though your card is still plastic — you'll have to upgrade to Metal if you want something fancier. Still, if you're tired of Revolut's primary purplish card, it might make an exciting change!

Other Features

On top of all of this, Revolut Premium also comes with a host of other valuable features, often shared with Revolut Premium:

  • As we have seen, you get up to £400 (or €400) in free cash withdrawals every month, up from 200 with the free and Plus plans.
  • Your first international payment includes both cross-border and SEPA payments for free each month.
  • You get 24/7 priority customer support.
  • You can open up to two Revolut Junior accounts for children — up from only one with the free plan. You also get access to several exclusive features like co-parents or savings goals.
  • Any card you order is delivered for free with express shipping.

Is Revolut Premium Worth It?

As you have seen in our examination of its features, Revolut Premium is packed with features to a level that almost rivals the more expensive Revolut Metal plan and, that put, rivals most other fintech apps' offerings at any level. Not only do you get access to smart sending in different currencies, but you also get a generous insurance package, both abroad and at home, and investment opportunities to make sure that your money works for you.  

If you are not going to rent cars that often, if you don't need to open more than two Revolut Junior accounts, and especially if you don't need or want a metal card, the Revolut Premium plan offers everything you might need from an online account, at a lower cost than any other competitor. 

Of course, if you know you're not going to spend much time abroad and already have your ways of investing your money, it might be best to consider whether you genuinely need to pay a premium for your account. That said, if you trust Revolut and want to benefit from a slightly higher level of service in mobile finances, Revolut Premium might be the right choice for you!

If you like the sound of Revolut Premium and are considering opening an account, we recommend checking out their terms and conditions first to make sure it makes sense for you. You can also use our exclusive link to get three months of Revolut for free (T&Cs apply). You'll need to upgrade to Revolut Premium within 72 hours of opening your Revolut Standard account, which gives you a few days to test out the app and see how you like it.

FAQ About Revolut Premium

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