Revolut Business has quickly become a popular choice for UK businesses seeking a flexible, digital-first solution for managing finances. Known for its innovative approach, Revolut offers a range of pricing plans to cater to businesses of all sizes, from start-ups to established enterprises. In this review, we’ll break down Revolut Business pricing, explore its features, and help you determine whether it’s the right fit for your business.
Revolut Business pricing review
Revolut Business provides several tiers of pricing, ensuring there’s an option for businesses with varying needs and budgets. Here’s a detailed breakdown of each plan:
Free Plan
- Price: £0 per month
- Key Features:
- Local accounts in GBP and EUR
- 5 free local payments per month
- Multi-currency accounts with access to the interbank exchange rate
- Expense management tools
- Best for: Small businesses or start-ups that need basic financial tools without upfront costs.
Grow Plan
- Price: £25 per month
- Key Features:
- 100 free local payments per month
- Discounted international payments
- Ability to add team members
- Advanced expense management
- Best for: Growing businesses that require more transactions and team collaboration tools.
Scale Plan
- Price: £100 per month
- Key Features:
- 1,000 free local payments per month
- Even lower fees on international payments
- Priority customer support
- Integration with accounting tools like Xero and QuickBooks
- Best for: Medium-sized businesses managing a higher volume of transactions.
Enterprise Plan
- Price: Custom pricing
- Key Features:
- Fully bespoke solutions tailored to your business needs
- Dedicated account manager
- Unlimited free payments
- Advanced integrations and API access
- Best for: Large enterprises requiring a customised financial solution.
Revolut Business features review
Beyond competitive pricing, Revolut Business offers a host of features designed to streamline financial management:
- Multi-currency accounts: Hold and exchange over 30 currencies at competitive rates.
- Corporate cards: Issue physical or virtual cards for employees to manage spending in real-time.
- Payment flexibility: Easily send and receive payments locally and internationally.
- Automation: Simplify accounting with seamless integrations and automated expense tracking.
- Insights and analytics: Gain a clear view of your finances with powerful reporting tools.
- Perks and rewards: Access discounts on business tools and services, such as Google Ads and Slack.
Pros and cons of Revolut Business
Pros:
- Transparent and flexible pricing
- Excellent for international payments with low fees
- Intuitive mobile and desktop platforms
- Scalable solutions for businesses of all sizes
- Comprehensive financial tools in one platform
Cons:
- Limited cash handling capabilities
- No in-person customer support
- Free plan has minimal transaction limits
Review verdict – Is Revolut Business the right choice for your business?
Revolut Business is a strong contender for businesses that prioritise digital innovation and international transactions. It’s particularly well-suited for SMEs, start-ups, and e-commerce businesses that need cost-effective multi-currency capabilities. However, if your business relies heavily on cash handling or requires in-depth personalised support, Revolut might not be the best fit.
Final thoughts
To conclude our pricing review, Revolut Business offers a compelling suite of features at competitive price points, making it an attractive choice for many UK businesses.
If you’re considering Revolut Business, start with the free plan to explore its tools before committing to a paid subscription. With its flexibility and forward-thinking features, Revolut Business could be the solution that transforms your financial operations.
FAQ – Revolut Business pricing review
Revolut Business is suitable for a wide range of businesses, including sole traders, limited companies, partnerships, and freelancers. However, businesses in certain industries, such as gambling or adult entertainment, may not be eligible.
Yes, Revolut Business supports direct debits in GBP and EUR, allowing businesses to automate recurring payments such as subscriptions or supplier invoices.
Revolut Business accounts offer multi-user access, enabling teams to collaborate on managing finances. Team members can be added, and permissions can be customised based on their roles.
Revolut Business is transparent about its fees, but additional charges may apply for services such as SWIFT transfers, payments beyond the free transaction limits, or using the exchange rate outside working hours (the weekend markup).
Revolut Business integrates seamlessly with popular accounting tools such as Xero, QuickBooks, and FreeAgent, simplifying bookkeeping and reconciliation tasks.
Yes, cash withdrawals are supported with Revolut Business cards. However, limits and fees vary depending on your chosen plan, so it’s worth checking your account details for specifics.
Revolut Business is available in many countries worldwide. However, its specific features and services may vary depending on the region where your business is registered.
Revolut Business provides customer support through its in-app chat feature. Higher-tier plans, such as the Scale and Enterprise plans, include priority support for quicker response times.
Revolut Business employs advanced security measures, including two-factor authentication, real-time transaction alerts, and fraud prevention systems, to ensure your finances remain secure.
Yes, Revolut Business accounts can be used for payroll payments, making it easy to manage employee salaries and contractor payments directly through the platform.