3 ms·
> They don't have FCSC protection, how is that a better thought-out offering for private customers? Revolut started out as a "prepaid debit card for paying abr
by krn 7y ago
> They don't have FCSC protection, how is that a better thought-out offering for private customers?
Revolut started out as a "prepaid debit card for paying abroad", not as "your main bank acccount", but is closing the gap quickly and should soon switch over its customers to an EU-licensed bank entity.
I find Revolut to be better than Monzo in terms of features and costs, but it's not suitable to be used as the main bank account yet because of the lack of protection.