Revolut business fees: What you need to know about pricing
Choosing a business account provider is as much about cost as it is about convenience. A number of business owners are using Revolut Business for international transactions, corporate cards, and multi-currency accounts. But how much does it really cost to use?
This guide cuts through the complexity of Revolut Business fees, breaking down what you’ll pay for account plans, transactions, currency exchanges, and hidden costs. We’ll also explain what makes Airwallex a cost-effective alternative.
What are Revolut’s business accounts?
Revolut Business is the business spin-off of Revolut's consumer product, offering digital-first banking for freelancers, startups, and SMEs. It supports for multiple currencies, corporate spending controls, and integrations with accounting tools.
Unlike traditional banks, Revolut uses a tiered pricing model with additional fees if you go over your plan allowance. That means your costs depend on your plan and usage.
Quick overview of Revolut business fees
Revolut Business offers four pricing plans with different allowances for transfers, currency exchange, and cash withdrawals. They are Basic (£10/month), Grow (£30/month), Scale (£90/month), and Enterprise (Custom).
Who is each plan for?
Freelancers and small businesses: Basic (£10/month)
SMEs handling frequent payments: Grow (£30/month)
Scaling businesses with international needs: Scale (£90/month)
Large businesses needing custom pricing: Enterprise (Custom)
Key fees
Local transfers: 10 free (Basic), 100 free (Grow), 1,000 free (Scale), then £0.20 each.
International transfers: £5 each (Basic), 5 free (Grow), 25 free (Scale).
Currency exchange: Free up to £1K (Basic), £15K (Grow), £60K (Scale), then 0.6% fee.
ATM withdrawals: £3K (Basic), £5K (Grow), £10K (Scale) daily limit, 2% fee applies.
Cards: All plans include virtual and physical cards. Metal cards: 1 free (Grow), 2 free (Scale).
Extras: Bulk payments and spend controls from Grow and above. Savings up to 3.51% AER (Enterprise).
All the Revolut Business fees you need to know about
Fee type | Basic plan (£10/month) | Grow plan (£30/month) | Scale plan (£90/month) | Enterprise plan (custom pricing) |
|---|---|---|---|---|
Revolut business account plans (subscription fee) | £10 per month | £30 per month | £90 per month | Custom pricing |
Transaction fees - domestic and international payments | 10 no-fee local transfers, £0.20 per additional local transfer, £5 per international transfer | 100 no-fee local transfers, 5 no-fee international transfers, excess: £0.20 per local, £5 per international | 1,000 no-fee local transfers, 25 no-fee international transfers, excess: £0.20 per local, £5 per international | Custom allowances and fees |
Currency exchange rates and fees | Exchange up to £1,000 per month at interbank rate, 0.6% fee beyond limit | Exchange up to £15,000 per month at interbank rate, 0.6% fee beyond limit | Exchange up to £60,000 per month at interbank rate, 0.6% fee beyond limit | Custom allowances and fees |
Card payment processing costs | Physical and virtual cards included | Physical and virtual cards included, 1 complimentary metal card | Physical and virtual cards included, 2 complimentary metal cards | Custom card offerings |
ATM withdrawals and cash transactions | Up to £3,000 per day, 2% fee on withdrawals | Up to £5,000 per day, 2% fee on withdrawals | Up to £10,000 per day, 2% fee on withdrawals | Custom withdrawal limits and fees |
International payment fees - SWIFT transfers and local payments | Standard SWIFT and local payment fees apply | Standard SWIFT and local payment fees apply | Standard SWIFT and local payment fees apply | Custom pricing for SWIFT and local payment fees |
Card and POS fees - cost of issuing additional cards | Not included | 1 complimentary metal card | 2 complimentary metal cards | Custom card issuance options |
Additional services and hidden fees | Basic expense management included, no savings account access | Advanced expense management, bulk transfers, spend approvals, savings account with daily interest | Advanced expense management, bulk transfers, spend approvals, savings account with higher interest rates | Full suite of enterprise services, including bulk payments, approvals, savings account with up to 3.51% AER |
Revolut vs Airwallex: How do they compare?
Revolut Business is a digital banking solution with multi-currency accounts, corporate cards, and expense management. It follows a tiered pricing model with transaction limits, making it better suited for freelancers and smaller businesses who need basic banking features rather than advanced global payment capabilities.
Airwallex is a global payments platform for fast-growing SME and enterprise businesses, offering multi-currency accounts, low-cost international transfers, and financial automation. It provides local bank details in 23+ currencies, unlimited free local transfers, and easy integrations with popular accounting, ERP and eCommerce platforms like Xero and Shopify.
Ultimately, Airwallex is designed for businesses that operate internationally, with low fees, attractive FX rates, and flexibility. Unlike Revolut’s tiered pricing structure with transaction caps and extra charges, Airwallex offers unlimited local transfers, transparent currency exchange, and free automation tools to help businesses scale without hidden costs.
Unlike Revolut, Airwallex is designed only for businesses which means it's able to channel all of its product and technical development into improving its business solutions, which may make it an investment not just for the present, but the long-term.
Who uses Airwallex?
If your business operates internationally or processes a high volume of payments, Airwallex saves you money on transfers, FX, and processing fees.
Revolut may work for small businesses with minimal transactions, but once you scale, Airwallex provides more value, better global support, and lower costs.
Feature | Revolut Business | Airwallex | Airwallex advantage |
|---|---|---|---|
Monthly cost | £10–£90+ per month, custom for enterprise | £0 (if £10K deposit), £19 or £49 p/m depending on plan. Custom pricing for enterprise also available. | Check out what's included in Airwallex plans |
Local transfers | Limited free, then £0.20 per transfer | Unlimited free local transfers | Lower transaction fees |
International transfers | Limited free, then £5 per SWIFT transfer | Unlimited free local transfers, £10-£20 SWIFT | Lower costs for cross-border payments |
Currency exchange | Free up to £1K–£60K, then 0.6% markup | 0.5% above interbank (1% for others) | More transparent rates |
Card fees | Included, but Revolut charges for extra cards | UK: 1.30% + £0.20, EEA: 2.40% + £0.20, International: 3.15% | More competitive processing rates |
ATM withdrawals | Limited free, then 2% fee | Not applicable (digital-first model) | N/A |
Expense management | Included in higher tiers | Free for Grow+, with reimbursements | More integrated features |
API and integrations | Limited API access, paid plans for extras | Free API access, Xero, NetSuite integrations | More automation and control |
You can see Airwallex’s full fee structure here.
Why Airwallex is a great choice for businesses with international operations
Lower costs with more value
Revolut’s tiered pricing means businesses pay more for higher limits, while Airwallex offers free local and low-cost international transfers at all levels.
Unlimited free local transfers
Revolut limits free local transfers based on the subscription plan and charges £0.20 per transfer once the limit is exceeded. Airwallex allows you to send unlimited free local transfers across 120+ countries, ensuring predictable costs and fewer financial restrictions.
More transparent currency exchange
Revolut applies a 0.6% fee beyond its monthly FX limits, which range from £1,000 for Basic to £60,000 for Scale. Airwallex, on the other hand, applies a flat 0.5% fee above interbank rates for major currencies (1% for minor currencies), providing a more transparent and cost-effective solution if you’re operating across multiple currencies.
Faster global transactions
With Airwallex, 90% of international transfers sent via its local payments network arrive on the same day or a few hours, reducing delays in paying suppliers and employees. Revolut uses SWIFT payments, which can take 1–3 days to process, making it less efficient for businesses that require faster international transactions.
More control over global spending
Airwallex provides multi-currency Corporate Cards that allow you to spend in different currencies without incurring conversion fees. Revolut charges extra for metal cards and additional corporate cards.
Smart integrations and automation
Airwallex provides API access, so you can automate financial processes and customise payment workflows. Unlike Revolut, which offers limited integrations, Airwallex connects with Xero, NetSuite, Shopify, Amazon, and HR platforms, allowing you to streamline financial operations without manual work.
Find out for yourself how Airwallex compares to Revolut.
Final thoughts: choosing the right business account
Both Revolut Business and Airwallex offer digital-first solutions for managing international payments, multi-currency accounts, and corporate spending. The right choice depends on your business needs.
Revolut Business is good for startups and SMEs that need a simple multi-currency account with expense management and team spending controls. However, its tiered pricing structure, transaction limits, and FX fees beyond set allowances can add up for businesses as they scale.
Airwallex is a better option for businesses that operate internationally or handle high transaction volumes. With unlimited free local transfers, lower FX fees, faster global payments, and enterprise-grade integrations, Airwallex provides more flexibility and cost savings without unnecessary banking fees.
CTA: Free local transfers, low-cost global payments, and smarter expense controls with Airwallex
Disclaimer: We wrote this article in Q1 2025. The information was based on our own online research and we were not able to manually test each tool or provider. The information is provided for educational purposes only. Consider the specific requirements of your business when evaluating providers. If you would like to request an update, feel free to contact us at [email protected].
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David is a fintech writer at Airwallex, specialising in content that aids EMEA businesses in navigating global and local payments and banking. With a rich background in finance, business, and accountancy journalism, David brings over a decade of experience. Previously, he was the Head of Content and Press at a leading financial services company and trade journalist at a media group specialising in business and finance.
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