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Revolut vs Monese: which one to pick

Both are multi-currency accounts aimed at people who moved to the UK or move money across borders.

Information, not financial advice. Prices and terms change; check each provider before you buy.

The short version

Revolut is bigger, cheaper on FX and better resourced; Monese has historically been easier to open without a UK credit history. Neither is a financial planning tool in any meaningful sense.

Why people compare them

Both are multi-currency accounts aimed at people who moved to the UK or move money across borders.

Price and fit, side by side

Revolut and Monese compared feature by feature.
Cheapest paid planRevolutFree tier, then £3.99 per monthMoneseFree tier, then £2.95 per month
Free tierRevolutYesMoneseYes
Billed in poundsRevolutYesMoneseYes
Best forRevolutPeople who spend or move money across currencies and travel oftenMonesePeople who need a UK account without a UK credit history or proof of address

Where Revolut wins

  • Best in class currency exchange and multi-currency accounts
  • Very high App Store rating from over a million UK ratings, an unusually large sample
  • The free Standard plan covers everyday spending without any fee

Where Monese wins

  • Opens accounts for people mainstream UK banks decline, which is a genuine social good and the reason it exists
  • A real £0 plan, so you can hold an account without a monthly fee
  • Multi-currency handling and free transfers between Monese accounts regardless of country

Where both fall short

  • Neither models UK pensions or answers the retirement question directly.
  • Neither handles ISA allowances or the tax wrapper decisions around them.
  • Neither applies UK tax rules to what it shows you.
  • Both are built US-first, so UK users pay in dollars and work around US assumptions.

If neither is quite right

If what you actually want is the retirement answer rather than a better dashboard, that is the gap Delphina was built for: UK pensions, ISAs and tax, projected to the age you want to stop. It does not do the job Revolut does for people who spend or move money across currencies and travel often, so if that is the real problem, Revolut is still the better buy. Free plan is £0, no card.

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Revolut vs Monese: common questions

Revolut is £3.99 per month and Monese is £2.95 per month. Compare the billing period before the number: an annual price and a monthly price are not the same thing.

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