Revolut

Revolut is a leading global financial technology company that has expanded its services to New Zealand. Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut is on a mission to redefine traditional banking and provide innovative financial solutions for individuals and businesses.

Revolut Services:

Revolut offers a wide range of financial services to its customers in New Zealand, including:

• Prepaid Cards: Revolut provides its customers with physical and virtual prepaid cards that are designed to work seamlessly for both local and international spending.
   
• Multi-Currency Accounts: Users can hold, exchange, and transfer money in multiple currencies, making international transactions more cost-effective.
   
• Fee-Free Global Spending: Revolut users can spend globally without incurring hidden fees or unfavorable exchange rates.
   
• Budgeting Tools: Revolut's app offers budgeting and spending analysis tools to help users manage their finances more effectively.

Features of Revolut:

Revolut distinguishes itself with several unique features:
 

• Currency Exchange: Revolut provides real-time exchange rates and allows users to hold and exchange currencies at interbank rates.
   
• Round-Up Savings: It rounds up purchases to the nearest dollar and saves the spare change.
   
• Vaults: These are sub-accounts for specific savings goals, helping users put money aside.
   
• Accessibility: Revolut's services are accessible through a user-friendly mobile app, available on both Android and iOS platforms. This provides a seamless and secure banking experience, enabling customers to manage their finances on the go.
   
• Security: Revolut employs robust security measures, including two-factor authentication, location-based security, and the ability to freeze and unfreeze cards instantly through the app.

Revolut's presence in New Zealand represents a significant step towards modernizing the financial landscape. The company's combination of competitive exchange rates, cryptocurrency integration, and user-friendly mobile app makes it an attractive option for Kiwis looking for a more innovative and flexible banking experience. As Revolut continues to expand its services and customer base, it is poised to become a prominent player in the New Zealand financial sector.

Join Revolut through Money Compare and get $15 into your account after your first transaction.