Compare Revolut and VIALET

How do Revolut and VIALET compare?

Revolut and Vialet 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 Vialet 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. Vialet, on the other hand, is more geared towards European residents and provides them with local banking services.

In terms of features, both Revolut and Vialet offer virtual and physical debit cards, mobile payments, and budgeting tools. However, Vialet differentiates itself by offering users the ability to open a European IBAN account in minutes, as well as the ability to send and receive money instantly to and from other Vialet users.

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. Vialet generates revenue through a fee-based model, where users pay a fee for certain transactions or services.

Overall, both Revolut and Vialet 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 Vialet may be a better fit for European residents looking for a mobile banking solution that offers a fast and easy way to open an IBAN account and instant money transfers to other Vialet users.