Wise Vs Revolut: Comparison Fees Features And All

Are you among the people living in a foreign country who want to send money abroad?  Or are you the one confused about which one to choose among a lot of options of providers for sending money internationally? 

Either them or whatever your queries are related to international money transfer and fund transactions for business or any purpose, you are in the right place. 

Today, in this blog, we will break down Wise and Revolut, two of the most popular providers among international senders. We will analyze Wise and Revolut, their background, transfer fees, exchange rates, and Wise vs Revolut comparison fees features to determine which one is most suitable for you, comparing both Wise and Revolut to help you decide which is better for you. 

Disclaimer: Vaultrate is an independent comparison platform that provides a comprehensive review of the best money transfer providers to assist users in their money transfer journey. This blog is intended for educational purposes only, and all information is accurate as of the publication date. None of the information in this blog should be considered financial advise.

Wise and Revolut:  overview 

Wise and Revolut stand among the most popular choices for international money transfers and global banking solutions. Both platforms offer multi-currency accounts, fast transfers, and transparent pricing, but they’re built differently, catering to unique user needs.

Wise( transfer wise)  quick takeaways: 

Unlike banks that hide extra costs in exchange rates, Wise uses the mid-market rate and shows upfront fees, ensuring customers always know exactly what they’re paying for.

Wise Fast Facts and Information

• Founded: built in 2011, as TransferWise
  
• Headquarters: London, United Kingdom
  
• Founders: Kristo Käärmann and Taavet Hinrikus
  
• Users: 16+ million (as of 2025)
  
• Supported Currencies: 40+
  
• Key Services: Money transfers, multi-currency account, Wise debit card, business accounts
  
• USP: Real exchange rate transfers with low, transparent fees. 

Revolut Introduction

Revolut entered the fintech scene in 2015 with a focus on digital banking and financial lifestyle services. It offers not just currency exchange and transfers, but also budgeting tools, savings vaults, crypto trading, and even stock investments.

Revolut is designed more like a digital bank alternative, targeting users who want an all-in-one platform for daily spending and international use.

Revolut Fast Facts and Information

• Founded: 2015
  
• Headquarters: London, United Kingdom
  
• Founders: Nikolay Storonsky and Vlad Yatsenko
  
• Users: 40+ million (as of 2025)
  
• Supported Currencies: 30+ for transfers, 200+ for spending
  
• Key Services: Money transfers, digital banking, savings, crypto trading, Revolut card
  
• USP: A complete financial app for travel, savings, and multi-currency management

Also read: Wise vs Remitly: which one is best to send money to India from the USA 

Key differences between Wise and Revolut 

Wise and Revolut, no doubt, are the best choices, but their ranking changes with the user’s needs. Here is a complete breakdown of everything so you can easily conclude which one is better for you at the moment or given situation. 

Destination countries 

Which Countries Does Wise Service?

Wise supports transfers to and from 160+ countries and allows users to hold money in over 40 currencies. It’s available in most regions, including the US, UK, EU, Australia, and parts of Asia and Africa. Wise is reportedly most commonly used for USD to INR transfer to India.

Which Countries Does Revolut Operate In?

As Revolut has an expanded financial coverage, its operational area is quite specific. Revolut is available to users in over 35 countries, mainly across Europe, the UK, the US, Australia, Singapore, and Japan. 

Winner: Wise
Wise clearly leads in global coverage, making it a better option for users who need to send money to diverse international destinations.

Wise vs Revolut Comparison Of Fees Features

Wise exchange rate and fee 

it offers the real mid-market exchange rate, with no markup. It states that it uses the mid-market rate (also called the “real” or “interbank” rate, the same rate you see on Google or XE) and does not apply a hidden margin on top. Wise also provides a “rate tracker” so users can see the live mid-market rate and how it has moved over time.

Revolut exchange rate and fee 

Revolut describes its exchange rates as being based on foreign-exchange market rates, drawn from independent sources.
During weekends, when currency markets are officially closed, Revolut applies a weekend markup (typically +1.0 % for Standard users) to compensate.
For example, its UK support documentation notes:

“For Standard customers, this fee is 1%. … Premium, Metal, and Ultra customers don’t have to pay an additional fee on weekends.”(Revolut)

Thus, while Revolut’s weekday exchange rates can be competitive, the weekend surcharge may erode that advantage for many users.

Compare now before sending money 

Wise vs Revolut: transfer limitation

Wise Money Transfer Limits

it is built for high-volume international transfers, making it ideal for both individuals and businesses. Transfer limits vary based on the sending country, currency, and user verification level, but in general, Wise allows transactions up to $1 million USD (or equivalent) per transfer for verified users.

For example:

• From the US, you can send up to $1,000,000 USD per transfer through bank or wire payments.
  
• From the UK and Europe, limits are typically equivalent to £1 million GBP or €1 million EUR, depending on the funding source.
  
• Business accounts may have even higher limits when using local payment networks or SWIFT transfers.
  

Because Wise operates under strict financial regulations in each region (authorized by the UK’s FCA, FinCEN in the US, and other national regulators), limits are designed to balance user convenience with anti-money laundering (AML) compliance.

Revolut money transfer limits 

Revolut’s transfer and spending limits are tied to account type and verification level. The platform offers several plan tiers that are Standard, Plus, Premium, Metal, and Ultra, each with its own cap on transfers, ATM withdrawals, and exchange volumes.

• Standard plan:
  Designed for everyday users with smaller transaction needs. Daily and monthly limits apply to international transfers, card spending, and ATM withdrawals (usually capped at £3,000–£5,000 per day, depending on currency and region).
  
• Premium and Metal plans:
  Offer significantly higher limits and fewer restrictions. Premium and Metal users enjoy unlimited exchange volumes, larger international transfer limits, and higher ATM withdrawal caps (up to £2,000/month for Metal users).
  

Additionally, Revolut’s help documentation notes that some limits depend on regulatory requirements and user verification status, meaning unverified accounts may face tighter restrictions.

Also read: wise vs xoom: everything you need to know 

Revolut vs Wise Business account in the US: Fees, Features, Pros & Cons

Both platform has their own place and hype among the Americans, but which one of them is more beneficial for US business is the real question. Whether it’s a small business, a freelancer, or a growing company in the US, managing global transactions efficiently can directly impact profitability.

So the question is: which one gives better value in the US: Wise or Revolut Business?

Let’s break down their fees, features, pros, and cons, and help you decide which platform aligns best with your business goals.

Overview: Wise Business vs Revolut Business in the US

Wise Business (formerly TransferWise) is designed for businesses that make international money transfers and receive payments from global clients. It focuses on transparency, offering real mid-market exchange rates and low transfer fees — without the hidden markups banks often charge.

Revolut Business, on the other hand, is a multi-feature digital banking platform. It offers not only foreign exchange and transfers, but also team cards, expense tracking, bulk payments, and API integrations for business automation.

Both are regulated and available to US businesses, but they serve slightly different needs.

Key Features Comparison

Feature	Wise Business (US)	Revolut Business (US)
Business model	Focused on global transfers, invoices, and currency management	Digital banking for businesses with finance tools
Currencies supported	40+ currencies	25+ currencies
Exchange rate	Mid-market rate, no markup (Wise Pricing)	Interbank rate, may add markup on weekends (Revolut Pricing)
Account fees	No monthly subscription	Tiered plans from $10 to $140/month
Local account details	Yes, in multiple currencies for a one-time fee	Yes, included based on plan
Business debit cards	Limited availability for US users	Physical & virtual cards for team members
Bulk/batch payments	Available via Wise API & Batch tool	Available on Grow/Scale plans
Integrations	Xero, QuickBooks, Wave, Stripe	Xero, FreeAgent, Slack, Zapier, and others
Best for	Freelancers, SMBs, and exporters needing cheap international transfers	Teams and startups managing daily finances

Wise Business Account Fees (US)

In Wise Business, there are no monthly maintenance charges or hidden markups, making it one of the most affordable global business accounts in the market.

 Account Setup

• Free to open:  no ongoing maintenance charges.
  
• A one-time fee of around $31 USD applies if you want to activate local account details in multiple currencies (such as USD, EUR, GBP, AUD, etc.).
  

 Transfer Fees

• Wise charges between 0.33% and 0.57% per transfer, depending on the currency, amount, and payment method.
  
• The fee is always shown upfront before confirming any transaction.
  

 Receiving Money

• Free for local payments in supported currencies.
  
• $6.11 fee applies when receiving USD via SWIFT wire transfers.
  

 Exchange Rate

• Wise always uses the real mid-market exchange rate,  the same rate you see on Google or Reuters.
  
• There’s no hidden markup or “spread” added to your conversion.
  

 Monthly Fee

•  Wise doesn’t require a subscription or plan commitment.
  
• You only pay for what you use, making it ideal for occasional or flexible business transfers.

Revolut Business Account Fees (US)

Revolut Business uses a subscription-based pricing model, offering tiered plans designed to suit freelancers, startups, and growing enterprises.

 Pricing Plans

Revolut offers several business subscription tiers for US users:

Plan	Monthly Fee	Best For
Basic	$10/month	Freelancers & small startups
Grow	$40/month	Small-to-medium businesses
Scale	$140/month	Growing companies with high transaction volumes
Enterprise	Custom pricing	Large corporations with tailored needs

Each plan includes varying allowances for international transfers, FX exchanges, and card access.

 Exchange Rate

• Interbank exchange rate during regular market hours.
  
• A markup of up to 1% applies on weekends or when the market is closed.
  

This makes Revolut’s FX slightly less predictable compared to Wise, especially for frequent weekend transfers.

 Free Transfer Allowance

• The number of free transfers depends on your plan tier.
  
• Once you exceed that limit, extra transfers cost around $5 each.
  

 Card Fees

• Both virtual and physical business cards are included.
  
• The quantity and spending limits vary by plan. Higher tiers get more cards and broader usage flexibility.
  

 Monthly Subscription Fee

• Monthly subscription ranges from $10 to $140, or custom pricing for large-scale enterprise accounts.
  
• No pay-as-you-go option; you must choose a plan to access Revolut’s business features.

Pros and Cons of Each Platform

Wise Business – Pros

• Real mid-market exchange rate, no markup
  
• No monthly fees or hidden costs
  
• Easy global payments and receiving in multiple currencies
  
• API and batch transfer options for automation
  
• Simple integration with major accounting tools
  

Wise Business – Cons

• Limited card availability in the US
  
• No financing, credit, or savings tools
  
• Not a full-service bank — online only
  

Revolut Business – Pros

• Feature-rich platform for managing team expenses and budgets
  
• Multi-tier plans to match business size
  
• Free card issuance and spend control tools
  
• Strong app interface for managing finances
  

Revolut Business – Cons

• Monthly plan costs, even at the entry level
  
• Exchange markups outside FX market hours
  
• Free allowances can be restrictive for large transfers

Wise vs Revolut:  Which One Is Right for You?

When it comes to choosing between Wise and Revolut, the right pick depends on what you need most — transparent international transfers or a complete digital banking experience.

 If you prioritize low-cost international payments, transparent pricing, and real exchange rates,.>> Wise is the better option.

Wise (formerly TransferWise) is built for global businesses, freelancers, and individuals who regularly send or receive money abroad. It delivers mid-market rates with no markup, clear fees, and supports over 160 countries, making it one of the most reliable platforms for international money transfers. Its pay-as-you-go model ensures you only pay for what you use — no monthly subscriptions, no surprises.

 If you want an all-in-one business banking experience with team cards, expense tracking, and integrations,

 Revolut Business might be your best match.

Revolut acts as a digital banking alternative, offering budgeting tools, corporate cards, crypto trading, and savings features. However, it comes with monthly fees and FX markups outside market hours, which can add up over time, especially for businesses dealing in frequent international transfers.

Compare and Save with Vaultrate

Before your next transfer, check Vaultrate, the smart tool that compares Wise, Revolut, and other top money transfer services in real time.

 Find the best rates, lowest fees, and fastest options to save more on every international payment.