Is Revolut free to sign up?

Yes. The Standard plan is completely free — no monthly fee, no minimum balance. You get a physical card, S$350 in fee-free ATM withdrawals each month, and S$5,000 in no-fee currency exchanges (weekdays). Premium (S$10.99/month) and Metal (S$21.99/month) plans unlock higher limits, travel insurance, and included subscriptions.

How does Revolut compare to my current bank for international transfers?

Traditional banks typically charge a flat transfer fee plus a 1.5–3% FX markup on top of the exchange rate. Revolut transfers at the real mid-market rate with zero markup on the Standard plan (up to S$5,000/month) and 100% fee-free on the Metal plan, with transfers completing in seconds rather than 1–3 business days.

Can I use Revolut for my Singapore business expenses?

Yes. Revolut is well-suited for business-related spending — paying overseas suppliers, subscribing to foreign SaaS platforms, booking travel, and managing multi-currency transactions. It's a personal account (not a business banking account), so it works best alongside your existing business bank rather than replacing it entirely.

What's the difference between Standard, Premium, and Metal?

Standard is free: S$5,000/month no-fee exchanges, S$350 ATM limit, basic card. Premium (S$10.99/month): S$700 ATM limit, 20% discount on international transfers, travel insurance, 5 subscriptions included. Metal (S$21.99/month): S$1,050 ATM limit, unlimited no-fee exchanges, 100% discount on international transfers, up to 3.58% APY on flexible accounts, 10 subscriptions included, exclusive reinforced steel card.

Does Revolut work for Singapore residents?

Yes. Revolut is fully available in Singapore. You can sign up with a Singapore phone number, hold SGD alongside other currencies, and use your Revolut card anywhere Visa is accepted worldwide. It is a personal account — ideal for managing business-related spending, international transfers, and travel expenses alongside your existing business bank account.

Can I create multiple virtual cards, set spending limits, and freeze them to stop unwanted charges?

Yes. Revolut lets you create multiple virtual cards and assign each one to a specific vendor or subscription. You can set a spending limit per card so charges beyond your set amount are blocked automatically. When you decide not to renew a subscription, simply freeze or delete that card from the Revolut app — the vendor cannot deduct anything, no cancellation email required. Freezing takes seconds. Deleting an old card and creating a new one is just as quick. Your main account and all other cards are never affected.

Banking & Fintech

Every international payment your business makes is costing you more than it should.

Your bank charges you every time you send money overseas, convert currency, or use your card abroad. The fees are small enough to ignore individually — but they compound. SGD to USD, SGD to EUR, paying a freelancer in GBP, withdrawing cash at an airport: each one costs you a percentage of money that should stay in your business.

Disclosure: Some links on this page are affiliate links. If you purchase through them, I may earn a commission — at no extra cost to you. I only recommend resources I genuinely believe in.

What This Is Costing You

Currency conversion markups at traditional banks typically add 1.5–3% to every international payment
International transfer fees stack up every time you pay an overseas supplier, platform, or freelancer
Overseas ATM withdrawals on a standard bank card carry fees and unfavourable exchange rates
You're paying your bank for a service that modern alternatives have made free

What Getting This Right Looks Like

You exchange currencies at the real mid-market rate with no hidden markup
International transfers go out in seconds with zero or heavily discounted fees depending on your plan
Your physical card works worldwide with S$350–S$1,050 in fee-free ATM withdrawals each month
Your money earns up to 3.58% APY in Flexible Accounts while it sits idle
You create multiple virtual cards with individual spending limits — assign one per vendor or subscription, then freeze or delete it instantly via the app to stop charges before they happen

This Is For You If...

You pay overseas suppliers, SaaS platforms, or freelancers in foreign currencies regularly
You travel for business and are tired of ATM fees and poor exchange rates on your bank card
You want a smarter place to hold, exchange, and move money without paying a premium for it
You're already using a neobank but want the one 70 million users globally have switched to

Frequently Asked Questions

Tom's Recommendation

Revolut — Smart Multi-Currency Account

I've been on Revolut Metal for a while now and it's changed how I manage business spending. No-fee exchanges, instant international transfers, a physical card that works everywhere, and flexible accounts earning real returns — all in one app. The Standard plan is completely free to sign up, so there's no risk in trying it. If you're paying traditional bank fees on international transfers or FX, this is one of the easiest wins available to you right now.

Every international payment your business makes is costing you more than it should.

What This Is Costing You

What Getting This Right Looks Like

This Is For You If...

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Frequently Asked Questions

Revolut — Smart Multi-Currency Account