Compare Revolut and Starling Bank

How do Revolut and Starling Bank compare?

Revolut and Starling Bank are two mobile banks that offer digital financial services to their customers. Both companies provide innovative features and user-friendly interfaces, allowing users to manage their finances on the go.

One of the main differences between Revolut and Starling Bank is their focus. Revolut is focused on providing international banking services, including multi-currency accounts, free overseas ATM withdrawals, and cryptocurrency trading and investment services. Starling Bank, on the other hand, is more focused on providing a full range of banking services to UK residents, including personal and business accounts, loans, and overdrafts.

In terms of features, both Revolut and Starling Bank offer virtual and physical debit cards, mobile payments, and budgeting tools. However, Starling Bank differentiates itself by offering users the ability to earn interest on their current account balance, as well as access to a range of financial products such as personal loans and mortgages.

Another key difference between the two mobile banks is their pricing model. While both offer free basic accounts, Revolut charges for some premium services, such as unlimited foreign exchange and travel insurance. Starling Bank generates revenue through traditional banking services, such as interest on loans and overdrafts.

Overall, both Revolut and Starling Bank offer unique digital banking solutions that appeal to different customer segments. Revolut may be more attractive to frequent travelers and those who frequently use foreign currencies, while Starling Bank may be a better fit for UK residents looking for a full range of banking services, including loans and mortgages, with the added convenience of a mobile app.