Revolut
Manage money globally with ease.
Revolut is a digital finance app providing multi-currency accounts, debit cards, and investment tools for individuals and businesses in Singapore. It facilitates international spending, money transfers, and cross-border payments through various flexible plans.
Singapore snapshot
Pricing (SGD incl. 9% GST)
S$10.99/mo
Free tier
Available
PSG grant eligible
Checking
PDPA compliant
Checking
SG / APAC data centre
No
SkillsFuture eligible
No
Stackd review
For personal use
Individuals, freelancers, students
Revolut personal accounts offer multi-currency wallets, debit cards for overseas spending, and investment tools for individuals in Singapore. Users can hold and exchange 35+ currencies and spend in over 150 currencies, with various plans affecting exchange limits and fees.
Pros
+Multi-currency card and wallet (35+ currencies to hold, 150+ to spend)
+Interbank exchange rates during weekdays
+Free Standard plan available
+Access to investments (stocks, crypto, commodities)
+MAS-licensed and customer funds held in segregated accounts
Cons
–ATM withdrawals not available in Singapore
–Fair usage fees apply for exceeding monthly FX limits (Standard/Premium plans)
–Weekend FX fee for Standard plan
–Fees for international transfers and overseas ATM withdrawals after limits
Singapore context
Launched in Singapore in 2019, Revolut is popular for managing foreign currency transactions and offers local bank transfers for SGD. It operates under a Major Payment Institution licence issued by MAS.
For business & teams
SMEs, startups, MNCs
Revolut Business provides multi-currency accounts, corporate cards, and cross-border payment tools for Singapore-registered companies. It supports receiving payments using local transfer methods in supported currencies, with plans offering different allowances for transfers and FX limits.
Pros
+Multi-currency accounts in 25+ currencies with local details
+Corporate cards available (complimentary metal cards on higher tiers)
+Competitive interbank FX rates (within limits)
+Supports international transfers in 30+ currencies
+Flexible Cash Funds with varying APY
Cons
–Fees for exceeding monthly FX limits
–Fees for additional international and domestic transfers beyond plan allowance
–Additional 1% fee for exchanges outside foreign exchange market hours
–Higher-tier plans can be costly (up to S$417/month for Enterprise)
Singapore context
Revolut Business caters to Singapore-registered companies, allowing them to manage international payments and expenses effectively. It offers local account details for various currencies, streamlining cross-border transactions for businesses operating here.
Pricing — Singapore view
Paid plan
From USD $8.14/mo
S$11.98/mo
incl. 9% GST
Free tier
Limited features
S$0
Alternatives
Singapore FAQ
Is Revolut available in Singapore?
Yes, Revolut launched in Singapore in 2019 and serves both personal and business users, holding a Major Payment Institution licence from MAS.
Does Revolut support SGD pricing?
Yes, Revolut offers personal and business plans with monthly fees quoted in SGD, starting from S$0 for free tiers.
Is Revolut PSG-eligible?
The provided search results do not confirm if Revolut is PSG-eligible.
Is Revolut PDPA compliant?
The provided search results do not confirm if Revolut is PDPA compliant.
Does Revolut have a Singapore data centre?
The search results do not confirm if Revolut operates a data centre in Singapore. Customer funds are held in segregated accounts with partner banks in line with MAS safeguarding requirements.
Ready to try Revolut?
Visit the official website to sign up or start a free trial.