Revolut Business Account Review (2025): Features and fees
In the fast-moving world of business banking, having the right account can make all the difference. Revolut’s Business Accounts promise modern tools for growing businesses, with features designed to simplify finance management and reduce overheads.
But how does the Revolut business account stack up in 2025? In this review, we break down Revolut’s key features, pricing, and benefits to help you decide if it’s the right choice for your business.
What is Revolut?
Revolut is a digital-first financial platform that has redefined personal and business banking. Established in 2015, the company now serves over 250,000 business customers5. Its Business Accounts are tailored for startups, SMEs, and enterprises, offering tools like multi-currency accounts, expense management, and seamless integrations with accounting software. Revolut positions itself as a flexible, tech-driven alternative to traditional banks, particularly for businesses with international operations.
How does Revolut work?
Revolut Business Accounts operate via an intuitive platform accessible through desktop and mobile apps. After selecting a plan, users gain access to multi-currency accounts, allowing for instant currency exchange at competitive rates. Businesses can issue physical or virtual cards to employees, automate invoice payments, and integrate with third-party tools like Xero or QuickBooks. The scalability of its features means Revolut caters to businesses of all sizes, offering cost-effective solutions for cross-border payments and financial operations.
The pricing plans follow a SaaS pricing model and group products and capabilities by business size, but many features can be purchased outside of the plan allowance. While this means you’ll be able to pay-as-you-go if you go over your limits, if you prefer the certainty of a fixed monthly fee, you may want look at alternatives to Revolut.
Find out how Airwallex compares to Revolut for yourself.
Key features of Revolut Business Accounts
Revolut’s Business Accounts include a robust suite of tools designed to streamline financial operations.
Key Features1:
Multi-currency accounts
Expense management tools
Payment acceptance
FX at interbank rates
Physical and virtual cards
Bulk payments
Accounting software integration
Multi-currency accounts
Revolut offers accounts in over 30 currencies, allowing businesses to hold, exchange, and transfer funds globally. This feature is invaluable for companies operating in international markets.
Expense management tools
With detailed spend tracking, businesses can monitor employee expenses in real-time. Cards issued to team members can also have spending limits, adding an extra layer of control.
Payment acceptance
Revolut offers customers with various rates to acquire domestic consumer, commercial and international cards. Revolut also offers a POS machine for a one-time cost and an ongoing monthly fee.
FX at interbank rates
Revolut provides access to interbank exchange rates, minimising costs on international transactions. Higher-tier plans come with discounted or unlimited FX allowances.
Physical and virtual cards
Businesses can issue an unlimited number of virtual and physical cards, depending on their subscription tier. Virtual cards enhance security for online payments while Revolut offers their signature metal cards depending on your plan.
Accounting software integration
Revolut integrates with tools like Xero, QuickBooks, and others, automating reconciliations and simplifying bookkeeping.
Revolut pricing and fees
Revolut offers multiple pricing tiers to suit businesses of different sizes and needs2
Plan | Monthly Fee | Key Features | Limited to: |
|---|---|---|---|
Basic | £0 | Basic features like multi-currency accounts, payment collections, infrequent payouts and cards. Limited spend management functionality. | Exchange up to £1000 at the interbank rate This plan does not receive no-fee international transfers. Each transfer costs £5 Get 5 no-fee local transfers. Outside of this, you are charged £0.20 per transaction Bulk transfers not available. Expense management tool costs £5 per person per month. No savings account. No account management. |
Grow | £19 | Everything in the free plan plus spend management capabilities for scaling SMEs. | Exchange up to £10,000 at the interbank rate This plan receives 5 no-fee international transfers. Each transfer costs £5 Get 100 no-fee local transfers. Outside of this, you are charged £0.20 per transaction This plan receives a complementary metal card Spend capabilities notably include: custom approvals, billpay and analytics 2.25% savings account included. No account management. |
Scale | £79 | Everything in the Grow plan plus spend management capabilities for medium to large businesses. | Exchange up to £50,000 at the interbank rate This plan receives 25 no-fee international transfers. Each transfer costs £5 Get 1000 no-fee local transfers. Outside of this, you are charged £0.20 per transaction Spend capabilities notably include: custom approvals, billpay and analytics 2.75% savings account included. No account management. |
Enterprise | Custom | Tailored solutions for enterprise. To note: Full access to all functionality 3.51% savings account Account management included | Custom |
Additional fees apply for exceeding transaction or FX limits, depending on the plan.
What do you need to open a Revolut business account?
To open a Revolut Business Account, you will need to provide4:
Business legal name and registration number
Registered address
Personal identification details of business owners (e.g., government-issued ID)
Proof of address for business owners
Incorporation certificates (if applicable)
Verification of business activity (e.g., invoices)
Alternatives to Revolut: Consider Airwallex
While Revolut offers several valuable features, Airwallex provides even greater flexibility and cost-effectiveness for global businesses. With advanced multi-currency tools, better FX rates, and a broader suite of financial solutions, Airwallex is a strong alternative to Revolut for businesses that operate internationally or require scalable payment options.
Check out Revolut vs Airwallex.
Find out how Airwallex compares to Revolut for yourself.
How to open a business account with Airwallex
Opening an Airwallex account is straightforward. Simply visit the Airwallex website, complete the online application form, and upload the required documentation. Approval typically takes a few days, after which you can access your account.
Disclaimer: We wrote this article in Q4 2024. The information in this article is based on our own online research. Airwallex wasn't able to manually test each tool or provider. The information is provided for educational purposes only and a reader should consider the specific requirements of their business when evaluating providers. This research is reviewed annually. If you would like to request an update, feel free to contact us at [[email protected]]. Airwallex (UK) Limited is authorised by the United Kingdom Financial Conduct Authority (‘FCA’) under the Electronic Money Regulations 2011 (‘EMRs’) (firm reference number 900876). If you would like to request an update, feel free to contact us at [email protected].
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David manages the content for Airwallex. He specialises in content that helps EMEA businesses navigate global and local payments and banking.
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