Revolut vs Starling vs Monzo review: Which is the best digital bank?

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  • Опубликовано: 7 сен 2024

Комментарии • 101

  • @siyamamin4967
    @siyamamin4967 2 года назад +8

    I'm using Revolut from 1 year and I used to travel in different countries like France, Italy and Spain.
    And I can't complain about the card, it's very amazing,and you can control your spendings

    • @FinderUK
      @FinderUK  2 года назад

      Glad you're finding it useful!

  • @geekyruth
    @geekyruth 3 года назад +29

    For me, Starling wins on being ethical too. They treat their workers well and pay at least the National Living Wage, and don't invest your money in any nasties either.

    • @Jackson-xn2zd
      @Jackson-xn2zd 3 года назад +2

      Does that mean starling is okay than Revolut ?

    • @geekyruth
      @geekyruth 3 года назад +1

      @@Jackson-xn2zd I ruled Revolut out after I heard how they treated their workers, but I do have an account with Starling.

    • @Jackson-xn2zd
      @Jackson-xn2zd 3 года назад

      @@geekyruth oh I see, I have an account with revolt but I have not access my account for long due to nature of my work..

    • @Jackson-xn2zd
      @Jackson-xn2zd 3 года назад

      @@geekyruth can I have your email address

    • @Jackson-xn2zd
      @Jackson-xn2zd 3 года назад

      ??

  • @originalunoriginal4055
    @originalunoriginal4055 9 месяцев назад +1

    I like the features and visual style of the Starling Bank app.
    It's very stylish and easy to navigate through when using the app.

    • @FinderUK
      @FinderUK  9 месяцев назад +1

      We agree! Definitely the most sophisticated looking app out of the 3

  • @eSharkUK
    @eSharkUK 3 года назад +5

    Great review, thank you :)
    Great choice, as Starling is most reliable and professional out of this list

    • @FinderUK
      @FinderUK  3 года назад

      Glad you found it helpful 😊

  • @taiwoayomide9587
    @taiwoayomide9587 11 месяцев назад +1

    Your soundtrack is distracting, please. Cam concentrate on the information, which seems very valuable.

  • @Thom_Singer
    @Thom_Singer 3 года назад +2

    Thank you - great information and so clearly set out!

    • @FinderUK
      @FinderUK  3 года назад

      Thanks Thom! Really glad you found the video helpful :)

  • @TheBeggFamily
    @TheBeggFamily 2 года назад +3

    I’ve had Monzo for quite a while and just got a Revolut card for its crypto features, but they seem to be limited. You don’t cover anything in great depth so I will have to look further.

    • @FinderUK
      @FinderUK  2 года назад

      Heya! Yeh, Revolut definitely offer less options to invest than, say, a dedicated trading app. You can compare some of the best trading apps here www.finder.com/uk/best-trading-app

  • @syedali4955
    @syedali4955 3 года назад +1

    Well described....... I liked the way you present all three Cards easily... Thanks for your affords....
    I was confused and could not decide which card may fulfil my need.....now cristal clear... Thank You so much...

    • @FinderUK
      @FinderUK  3 года назад +1

      Hello! Thank you for the lovely comment - really glad you found the video helpful!

  • @Mark1405Leeds
    @Mark1405Leeds 2 года назад +1

    Having become extremely disenchanted with the Co op bank I think it's Starling for me!

    • @MrMonero
      @MrMonero 2 года назад

      what issues did you have with the co op bank ?

    • @Mark1405Leeds
      @Mark1405Leeds 2 года назад

      @@MrMonero It has recently taken to declining my cards for no reason - in local shops for transactions I have carried out before! Outside of business hours you cannot contact them - this didn't used to be the case. They text you to authorise transaction but these don't always come through quickly enough! I have been with the Co op for decades and until recently i was very happy with them!

    • @FinderUK
      @FinderUK  2 года назад

      Very interesting to hear that about your Co-op card. Hopefully Starling will be a better fit for you, let us know how you get on! 😊

  • @dk5966
    @dk5966 2 года назад +2

    Which of the three is best for someone living in Canada? My dad wants a UK digital bank but has a Canadian address. With his bank in UK they want his cell number for added verification and it is not a UK cell. He wants to put her pension in the bank and use it in Canada on a bank card that is either debit visa or mastercard. I welcome any suggestions thanks

    • @FinderUK
      @FinderUK  2 года назад

      Hi there! Thanks for getting in touch. Unfortunately, none of the three digital challenger banks in this video are available for Canadian residents and would require UK-based details to set up. I would recommend comparing a couple of digital banks available in Canada, which you can check out here - www.finder.com/ca/digital-banking

  • @shaneholmes6977
    @shaneholmes6977 Год назад +1

    Starling wins with post office deposit

  • @rahulranjith5272
    @rahulranjith5272 2 года назад

    Thank you very much for the video. As an international student i was so confused but now its pretty much cleared.

    • @FinderUK
      @FinderUK  2 года назад

      Hi Rahul, great to hear you found it useful!

  • @kenyahjohn4518
    @kenyahjohn4518 Год назад

    Can i open a current account woth one of these banks whilst keeping my high street bank account for bills and purchases as well?

    • @FinderUK
      @FinderUK  Год назад

      Absolutely. You can open multiple bank accounts as long as you meet the eligibility criteria. Many people have different accounts to help them organise their money - or you could split your money into separate pots, including specific pots for bills, in a digital app like Monzo or Starling.

  • @A_friendwithoutbenefits
    @A_friendwithoutbenefits 2 года назад

    Revolut have started charging a 0.5% fee for any spending / exchanges over £1000 / month

  • @alfa6952
    @alfa6952 3 года назад +2

    Positive review. Is it viable to receive salary on Revolut?

    • @FinderUK
      @FinderUK  3 года назад +1

      Hiya! Yes, if you click 'Add money -> Change' it takes you to a feature that allows you to have your salary paid into your Revolut account. Thanks for watching the video 😊

    • @akefnicos9275
      @akefnicos9275 3 года назад

      Yes

    • @grassytramtracks
      @grassytramtracks 2 года назад

      You can, but as revolut is not a bank and is not FSCS insured, I don't think it's the best idea. Starling and monzo are better options I think

  • @svetlanakosigina2655
    @svetlanakosigina2655 2 года назад

    Hello:) if I send money from one bank, for example Revolut, to my card of another bank, for example - HSBC, or vice versa, will it be charged? Do they charge a fee for sending money?

    • @FinderUK
      @FinderUK  2 года назад

      Hiya! For the most part, money transfers in the same currency should be fee-free, while cross-border transactions usually charged an exchange fee. It's always good to check with the specific app beforehand to make sure you're OK with any potential fees. Hope that helps!

  • @melissaburke7889
    @melissaburke7889 2 года назад +2

    Which app allows you to set budgets for particular things (and have transactions come out of each section)? E.g., groceries £50 limit, coffee £10 limit, etc? Do either of them do this?

    • @FinderUK
      @FinderUK  2 года назад +1

      Hiya! All three apps have the ability to set spending limits and you can separate your money or your savings into different pots or spaces.

    • @melissaburke7889
      @melissaburke7889 2 года назад

      @@FinderUK amazing, thank you!

  • @boomarang3186
    @boomarang3186 2 года назад

    Hello, which card of the three is best for transactions when you travel? And with less fees?

    • @FinderUK
      @FinderUK  2 года назад +1

      All three cards are free to use abroad, but Starling also offers free unlimited cash withdrawals. Whereas Monzo and Revolut have a monthly limit on free cash withdrawals of £200. You can read more here - www.finder.com/uk/revolut-vs-monzo-vs-starling

  • @thelittleyellowducks
    @thelittleyellowducks 3 года назад

    appreciate your work

  • @keano7165
    @keano7165 2 года назад +1

    Which is the most crypto friendly out of the 3

    • @FinderUK
      @FinderUK  2 года назад

      Hi Keano. At the moment only Revolut offers direct access to share trading. You can trade with Starling through external services on its "marketplace", but not directly through the app. Hope that helps.

    • @keano7165
      @keano7165 2 года назад +1

      @@FinderUK hi and thanks for your reply. Do you know if its OK to buy & withdraw with binance on Revolut. Thanks again

  • @deekay4992
    @deekay4992 3 года назад +1

    Thanks for your help.

    • @FinderUK
      @FinderUK  3 года назад

      You're welcome! Glad we could help.

  • @Kadaf1
    @Kadaf1 3 года назад +1

    Is revolut good for buying crypto ? My bank is driving me nuts by keep declining transactions

    • @FinderUK
      @FinderUK  3 года назад

      Hello, thanks for your comment. The right trading app for crypto will very much depend on your investing expertise, risk level and goals. You can check out our review for Revolut trading here which might help you decide if it's the right one for you: www.finder.com/uk/revolut-trading-review

    • @Appleboo222
      @Appleboo222 3 года назад

      Lol their reply was no help! Did you find a way to buy crypto my bank is declining as well!

    • @Kadaf1
      @Kadaf1 3 года назад +1

      @@Appleboo222 hi yes I’m using revolut , so far no issues

    • @Appleboo222
      @Appleboo222 3 года назад

      @@Kadaf1 thank you for replying!!!

    • @emmanueladu6423
      @emmanueladu6423 2 года назад

      @@Kadaf1 Are you able to withdraw as well?

  • @georgefarrowgreen01
    @georgefarrowgreen01 3 года назад +3

    Revolut doesn't have a banking licence like Starling and Monzo, it's a registered e money institution

    • @Jsarson1976
      @Jsarson1976 3 года назад +1

      But you get the same protection as a bank as that has changed recently and due to your money going in to a UK bank it’s covered.

    • @grassytramtracks
      @grassytramtracks 2 года назад

      @@Jsarson1976 the issue is that you just have to trust them to do as they're supposed to

  • @TM-of2ru
    @TM-of2ru 2 года назад

    Hi, which card should I get if I am living in Turkey?

    • @FinderUK
      @FinderUK  2 года назад +1

      Hi! While you can easily use Revolut, Starling or Monzo in Turkey, you won't be able to open an account with any of these three providers if your home address is in Turkey as as they are not yet available there. Hope that helps.

  • @Mike-re4fe
    @Mike-re4fe 3 года назад

    Do any off these accounts Allow you to use Iban Accounts in Asia please?

    • @FinderUK
      @FinderUK  3 года назад

      Hiya. At the moment, Monzo is only available to people who live in the UK or have a UK address. But you can transfer money internationally using the app. Hope that helps.

  • @omshanti8149
    @omshanti8149 9 месяцев назад

    What about customer service????

    • @FinderUK
      @FinderUK  8 месяцев назад

      All 3 apps offer similar support via the app, email or telephone - and the reviews for customer service are fairly positive across the board. As digital-only apps, none of them have in-person support via a bank branch. So if that's something you require or would like from your banking provider, a traditional high-street bank might be a better option for you.

  • @carolcapner7786
    @carolcapner7786 3 года назад +2

    Hi, can Starling be used for buying cryptos. I have found Revolut is very unstable.
    I wondered whether Skrill would be an alternative, in particular, for Coinbase Pro?
    I'm a member of Finder. Huge selection of Information.

    • @FinderUK
      @FinderUK  3 года назад +4

      Hi Carol, lovely to hear from you! At the moment you can't actually trade directly through Starling. Instead you'd have to choose one of its trading platforms available on its marketplace including Nutmeg, Wealthify and Wealth Simple. Out of all three, you can only trade crypto with Wealth Simple at the moment.

    • @carolcapner7786
      @carolcapner7786 3 года назад

      @@FinderUK Thank You for responding so quickly. The reason I asked is because my Debit/Credit Card won't allow either of them to be used for trading crypto.

  • @OwenMaers
    @OwenMaers 2 года назад

    If I'm being paid a monthly salary in euros in the uk, which bank is best for me?

    • @FinderUK
      @FinderUK  2 года назад +1

      It's very hard to say which bank is best, as the right bank for you will be so unique to your personal circumstances and needs. We always recommend comparing a whole bunch of banks, which you can do here - www.finder.com/uk/current-accounts

    • @grassytramtracks
      @grassytramtracks 2 года назад +1

      Starling would seem to be the best as you can open both a pound and euro account and are the best bank in the UK according to Which? a highly respected consumer magazine

    • @OwenMaers
      @OwenMaers 2 года назад +1

      @@grassytramtracks Yeah I went for Starling in the end for the euro account

  • @rickos_6675
    @rickos_6675 2 года назад +1

    Can someone please answer this question I’m thirteen and my mum want to get a debit new debit card for me I want to get starling but apparently I won’t have acces to it so my mum can only see it should I get revolut instead

    • @FinderUK
      @FinderUK  2 года назад

      Hiya, the right card for you will depend on your personal circumstances and what you want from the app. You can compare a whole range of cards for kids and young adults here - www.finder.com/uk/debit-cards-for-kids

  • @a-khanation5279
    @a-khanation5279 3 года назад +5

    Physical in person banks are still helpful

  • @ravibankingbriefs604
    @ravibankingbriefs604 2 года назад

    Nice video

  • @azturaztur1308
    @azturaztur1308 3 года назад

    how can add money to revolut without bank account or debit card.thanks

    • @FinderUK
      @FinderUK  3 года назад +1

      Hi Aztur, thanks for getting in touch. It's a little tricky as Revolut do not accept cash or cheque deposits. If you open a Revolut account as your main bank account you can ask to have your salary paid into your account. If you want to transfer cash funds into your Revolut account you could try visit a money transfer service in-branch. Otherwise, I would recommend getting in touch with Revolut to find out more. Hopefully that helps 😊

    • @grassytramtracks
      @grassytramtracks 2 года назад

      If you give your account number/sort code then you can receive payments that way

  • @dannyj9250
    @dannyj9250 2 года назад

    Where is your version 101 for beginners? You are talking over my head. Thanx anyway.

    • @FinderUK
      @FinderUK  2 года назад

      Heya, we do have individual reviews on each bank if that's easier to digest: Monzo - ruclips.net/video/wl48QVFKHww/видео.html, Revolut - ruclips.net/video/6zWjBR_bY7M/видео.html,
      Starling - ruclips.net/video/2HNGPb419-I/видео.html. Hope that helps!

  • @smha69
    @smha69 2 года назад

    Best info :-)

  • @Jake-Curious
    @Jake-Curious 2 года назад

    Revolut has no FSCS guarantee, right?

    • @FinderUK
      @FinderUK  2 года назад +1

      Correct, Revolut is not a bank but it is regulated by the Financial Conduct Authority as an electronic money institution.

  • @laptop9524
    @laptop9524 2 года назад

    Starling seems to be just for U.K. customers.

    • @FinderUK
      @FinderUK  2 года назад

      Yes, unfortunately Starling and Monzo are only available to people with a UK address.

  • @monikaeducation6378
    @monikaeducation6378 12 дней назад

    Monzo wants to know everything about you for a poor service which you are infomed at the end when they receive from you your ID photo, address, phone number, information about your household income, your voice message with your photo... No thanks. Maybe do they also what to know what I like in my bed? There were no such burden with Revoult...

  • @mohinderkaur6481
    @mohinderkaur6481 3 года назад +1

    Why cant I get monza card

    • @FinderUK
      @FinderUK  3 года назад

      Afraid we can't help you with that Mohinder. You will need to chat direct with Monzo to find out why.

    • @paolore6765
      @paolore6765 3 года назад +4

      Hi, Monza is an Italian city and famous f1 race circuit, ciao ☺️

    • @grassytramtracks
      @grassytramtracks 2 года назад

      As long as you live in the UK, you should be able to get one, but otherwise, ask them, maybe your credit isn't good enough or something

  • @cliffwilliams5531
    @cliffwilliams5531 2 года назад

    Starling don't understand or know what a sales agent is, nor how we earn an income, not worth trying.