How Revolut is making money ?

One of the questions that can be asked quite often when subscribing to a Revolut card: How Revolut earns their money? Of course, there is also a question for all digital banks such as N26, Monese, etc.

Revolut is a start up with the statue of «Unicorn», valued at more than 1 billion. During the period between 2017 and 2018, Revolut even reached the breakeven point. This type of company puts priority on customer acquisition and product development before becoming beneficiary.

Below you find the potential three revenue streams of Revolut and potentially other Fintechs such as Monese, N26, Boon, etc.

1.Interchange fees

“Interchange is a small fee paid by the merchant’s bank (acquirer) to the cardholder’s bank (issuer) to compensate the issuer for the value and benefits that merchants receive when they accept electronic payments. It enables e-payment banks to bring significant value to merchants, governments, and consumers.” Definition from Mastercard

Revolut and other card issuers earn money on every transaction you make in a shop. You can see below how much these fees are. For example, a payment between 0 and 12 CHF made in a Swiss shop with a MasterCard contactless debit card, the issuing bank receives 0.02 CHF. You find the list for Europe below


Second stream of income is the paid subscriptions offered to mainly increase the usage limits of the account and the card. 7.99 € per month for the Premium account and 13.99 € per month for the Metal account.

3.Corporate Account Subscriptions

The last stream is business account subscriptions starting at £ 6.99 / month up to £ 1,000 / month for professionals with more than 1 million cash entries.

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