{"slug":"revolut-vs-wise","question":"Revolut vs Wise","answer":"Wise specializes in international money transfers with the best mid-market exchange rates and lower transfer fees, while Revolut is a broader fintech platform offering spending accounts, crypto, and travel features with competitive exchange rates but higher markups on certain transactions.","answer_curated":true,"verdict":"Choose Wise if your primary need is sending money internationally with minimal fees and true mid-market exchange rates—it's unbeatable for regular cross-border transfers. Choose Revolut if you want a multi-purpose fintech platform combining spending, savings, crypto investment, and travel features with acceptable (though not lowest) foreign exchange rates.","keyDifferences":[{"label":"Exchange Rate Markup","winner":"b","entityAValue":"0.5-2% markup on transfers","entityBValue":"Mid-market rate (0% markup)"},{"label":"Transfer Fee (UK to EU)","winner":"b","entityAValue":"$2.99-4.99 GBP","entityBValue":"£0.70 GBP flat"},{"label":"Account Types","winner":"a","entityAValue":"Multi-currency spending + savings + crypto","entityBValue":"Multi-currency spending only (transfers focused)"},{"label":"Crypto Support","winner":"a","entityAValue":"Buy/sell/hold 100+ cryptocurrencies","entityBValue":"None"},{"label":"Speed (International Transfer)","winner":"tie","entityAValue":"1-2 business days","entityBValue":"1-2 business days (varies by corridor)"}],"winner":{"slug":"wise","name":"Wise"},"confidence":"high","entities":[{"name":"Revolut","slug":"revolut","url":"https://www.aversusb.net/entity/revolut","alternativesUrl":"https://www.aversusb.net/api/v1/alternatives/revolut"},{"name":"Wise","slug":"wise","url":"https://www.aversusb.net/entity/wise","alternativesUrl":"https://www.aversusb.net/api/v1/alternatives/wise"}],"faqs":[{"question":"Is Wise or Revolut cheaper for international transfers?","answer":"Wise is typically cheaper and more predictable for international transfers. Wise always uses the mid-market exchange rate with a transparent fee (0.4–1.5% depending on currency). Revolut's Standard tier offers mid-market rate transfers up to £1,000/month, then applies fees; it also adds a 1% markup on weekends when currency markets are closed. For large or frequent transfers, Wise's transparent fee structure usually wins; for occasional small transfers within Revolut's monthly limit, Revolut can be equivalent."},{"question":"Is Revolut a bank?","answer":"In the UK and EEA (European Economic Area), Revolut has a banking licence (issued 2021 in Lithuania for EEA; UK banking licence granted 2024). This means EEA/UK deposits are protected under European/UK deposit guarantee schemes (up to €100,000/£85,000). In other countries (US, Australia, etc.), Revolut operates as an e-money institution, not a bank — funds may be safeguarded but not covered by standard deposit insurance. Wise is not a bank anywhere; it is an authorised payment institution with safeguarding obligations."},{"question":"Can I receive money into a Wise or Revolut account?","answer":"Both offer account details for receiving payments. Wise Account provides local bank account details in 9+ currencies (GBP, EUR, USD, AUD, NZD, CAD, HUF, RON, SGD) — ideal for receiving international salary payments or freelance income. Revolut provides IBAN in the EEA and account details in other markets, but local US bank account details are available on all tiers. For receiving payments in multiple currencies without conversion: Wise is more mature and widely accepted."}],"attribution":{"source":"A Versus B","url":"https://www.aversusb.net/compare/revolut-vs-wise","license":"CC BY 4.0","citationFormat":"According to A Versus B (https://www.aversusb.net/compare/revolut-vs-wise), Wise specializes in international money transfers with the best mid-market exchange rates and lower transfer fees, while Revolut is a broader fintech platform offering spending accounts, crypto, and t","dateModified":"2026-08-18T09:00:24.804Z"},"relatedQuestionsUrl":"https://www.aversusb.net/api/faq/revolut-vs-wise","relatedComparisonsUrl":"https://www.aversusb.net/api/v1/related/revolut-vs-wise","knowledgeGraphUrl":"https://www.aversusb.net/api/knowledge-graph/revolut-vs-wise","claimReviewSchema":{"@context":"https://schema.org","@type":"ClaimReview","@id":"https://www.aversusb.net/compare/revolut-vs-wise#claimreview","url":"https://www.aversusb.net/compare/revolut-vs-wise","inLanguage":"en-US","isAccessibleForFree":true,"conditionsOfAccess":"Free","claimReviewed":"Wise is better than Revolut for most use cases","reviewBody":"Wise specializes in international money transfers with the best mid-market exchange rates and lower transfer fees, while Revolut is a broader fintech platform offering spending accounts, crypto, and travel features with competitive exchange rates but higher markups on certain transactions.","datePublished":"2026-03-29T13:56:52.301Z","dateModified":"2026-08-18T09:00:24.804Z","reviewRating":{"@type":"Rating","ratingValue":"TRUE","bestRating":"TRUE","worstRating":"FALSE","alternateName":"Wise wins","ratingExplanation":"Verified verdict based on structured attribute comparison, community votes, and expert analysis"},"author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B","url":"https://www.aversusb.net"},"publisher":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B","url":"https://www.aversusb.net"},"itemReviewed":{"@type":"Claim","@id":"https://www.aversusb.net/compare/revolut-vs-wise#claim","inLanguage":"en-US","name":"Wise is better than Revolut for most use cases","text":"Wise specializes in international money transfers with the best mid-market exchange rates and lower transfer fees, while Revolut is a broader fintech platform offering spending accounts, crypto, and travel features with competitive exchange rates but higher markups on certain transactions.","author":{"@type":"Thing","name":"Internet consensus"},"appearance":{"@type":"WebPage","@id":"https://www.aversusb.net/compare/revolut-vs-wise","url":"https://www.aversusb.net/compare/revolut-vs-wise","name":"Revolut vs Wise","inLanguage":"en-US"},"firstAppearance":{"@type":"WebPage","@id":"https://www.aversusb.net/compare/revolut-vs-wise","url":"https://www.aversusb.net/compare/revolut-vs-wise","name":"Revolut vs Wise"}},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".claim-review-answer","#short-answer","#verdict"]}}}