For more than a year I use Revolut, an all-in-one financial application with which you can easily manage, save, pay, invest and budgeting via your iPhone. The main reason I made the switch was: modern functions and paying in different currencies.
Traditional banks in the Netherlands are often behind with modern tools because they are stuck to outdated IT systems and inflexible internal processes. Innovation at the largest banks in the Netherlands are therefore often left out. Are you looking for a modern bank with a Dutch IBAN account number, handy apps and smart tools? Then Revolut is something for you.
Revolut as fintech
Revolut is a modern, digital bank app with which you can easily manage all your money matters: paying, saving, investing and sending international money, all via one user-friendly app. The app supports 36 currencies, is active in more than 160 countries and is used by more than 55 million people worldwide.
Revolut is a fintech company in the financial sector that uses innovative technology to make financial services faster, easier and more user -friendly. Their services are fully digital and are offered through a user -friendly app, without physical bank branches. This allows you to easily manage money, pay and invest international, all faster and cheaper than with traditional banks.
Dutch IBAN account number
On the financial market there are several companies that only offer online banking through an app. The biggest disadvantage is that you often get an account number from the country of origin. This is not the case with Revolut. You receive a personal Dutch IBAN number, so you can easily receive and transfer money like any other Dutch bank. In addition, your balance, just like with the traditional banks, is protected by the European deposit guarantee system: if Revolut Bank would unexpectedly get into trouble, your money was guaranteed up to € 100,000 per person.
Belgian account number at Revolut
Revolut has also started issuing Belgian IBAN account numbers (BE-IBAN) to customers in Belgium since 2025. When opening their account, new customers immediately receive a Belgian account number that starts with “Be”. Existing customers with a Lithuanian IBAN (LT) are gradually transferred to a Belgian IBAN; They automatically receive a message from Revolut as soon as the migration takes place for their account.
Revolut app
If you would like to use Revolut, you must use the Revolut app. Via the all-in-one financial application you can easily manage, save, pay, invest and budget via your smartphone and even desktop. After the image, we list the most important functions for you.
Main functions of the Revolut Bank app
- Open free bank account: You open an account quickly and without management costs (for the standard plan).
- Payment and savings options: Pay with physical, virtual or one -time cards, couple Google Pay or Apple Pay, and keep your expenses in the app.
- Save daily: Earn up to 2.5% variable interest on your savings, paid daily (depending on your plan).
- Daily insurance: purchase, return and ticket protection for purchases and events that you pay with your revolut account, so that you can easily submit a claim to new purchases and tickets in the event of damage, theft or cancellation.
- Cashback and rewards with Revpoints: Earn points on purchases that you can redeem for miles or other benefits or store immediately with a discount.
- Multi-Maluta Support: Keep, change and spend money in more than 30 currencies at interbank rates, without extra costs within your planning limit.
- International payments: Send money worldwide in a few ticks, quickly and at low costs. Transfers between Revolut users are directly and free.
- Invest: Buy and sale shares from € 1, trade in crypto currency, gold and silver, and follow global markets through the Global Markets function.
- Expenditure analysis and budgeting: The app offers smart tools to analyze your expenses, set up budgets and receive reports during transactions.
- Couple of external accounts: Get a 360 ° overview of all your finances by linking external bank accounts, so that you manage all your money matters in one place.
- Joint and <18 accounts: Easily open a joint account or a special account for children, including own card and parental supervision.
- Safety: Advanced security functions, such as real -time reports, map blocking with one tap, single use cards and extensive fraud prevention.
- Customer service: 24/7 support via the app and web app.
As you can see, his possibilities are endless and I cannot possibly treat them all in detail. It certainly pays to dig the Revolut website to view all functions and possibilities.
Why I switched
Last year I switched to Revolut from ING and Rabobank for three important reasons: interest, modern functions and currency tendencies.
Higher interest on savings
Revolut offers variable interest on savingswhich is often higher than with traditional banks such as ING and Rabobank. Depending on your chosen subscription, you can get up to 2.5% interest, which is paid daily. If you have a nice piggy bank, this will only get bigger. With traditional banks, savings interest rate is usually lower and it is paid less frequently.
Modern functions
Revolut is completely digital and offers a user -friendly app with real -time notifications, smart expenditure analysis, budgeting, virtual maps and direct blocking of cards. Apple Pay Was no problem at all and in addition to digital cards you can also request and use a physical credit card. In addition, you can also have a Create one -off credit cardthis is useful if you make online purchases and do not want to share your standard card data.
Furthermore, I thought it was simple Investing in shares and crypto A nice addition, but it is not a requirement to use.
Another advantage is the Revpointsthis is the loyalty system of Revolut with which you save points with every edition, which you can then exchange 1-on-1 for, for example, Airline Miles, travel discounts or offers in the app. In addition, via the Revolut app you get access to exclusive discounts and actions on subscriptions or purchases with selected partners, which can be immediately visible and activated in your account.
Affordable currency
The main reason for me was it easy and affordable execution of currency rabbing. By traveling to Denmark, Norway, Switzerland, Japan, Hong Kong, Australia and Singapore, I was looking for a solution for all that strange currency.
You can easily create a currency bill and all payments are made directly from this account. This gives you a better insight into your foreign expenses and you do not pay for every transaction costs. Depending on your plan, you can even change unlimited money to different currencies without extra costs. With the standard free plan you have a (at the time of writing) limit € 1,000/month. This means that you can exchange 1000 euros free of charge to a strange currency, ideal for traveling!
Are there also disadvantages to Revolut?
As with every bank, Revolut also has disadvantages, although this is different for everyone. Do you still use a lot of cash? Then it is not advisable to switch. With the free plan you can make € 200/month or 5 recordings. With other subscriptions, this amount is rising, but remains limited. For example, the Premium subscription has a limit € 400/month.
In addition, customer service works largely via AI and standard answers. Of course you can speak to an employee personal and problems are solved well. There is Dutch support, but in English you are often helped faster.
Try out for free
You can try Revolut for free and without simply creating an account and using the standard plan, for which there are no monthly costs. You are not tied to anything and you can cancel your account free of charge at any time or upgrade to a paid subscription.
- Download the Revolut app
- Take a free revolut into account
- Add money to your account
- Add the card to Apple Pay and starts paying immediately
- Order a physical card as a backup
Your money is protected
Revolut Bank UAB is a regulated bank, under the supervision of the Bank van Lithuania, the European Central Bank, and in the Netherlands of De Nederlandsche Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM). Your money is protected via Deposit guarantees and advanced security technologies.
This article originated from experiences with the Revolut app and offers no financial advice. This article contains information about financial services; Always read the conditions carefully and, if necessary, be advised by an independent expert before you make financial decisions.