If you're resident in Lithuania and have switched to their bank account, yes, otherwise no. Revolut has an EU banking license issued by Lithuania [0] but only

If you're resident in Lithuania and have switched to their bank account, yes, otherwise no. Revolut has an EU banking license issued by Lithuania [0] but only offers accounts covered by the guarantee in Lithuania [1]. If you are resident elsewhere, you are not protected. You should think of Revolut and Transferwise as being more like PayPal than a bank. [0]: https://blog.revolut.com/we-got-a-banking-licence/ https://blog.revolut.com/we-got-a-banking-licence/ [1]: https://blog.revolut.com/revolut-bank-launches-in-lithuania/ https://blog.revolut.com/revolut-bank-launches-in-lithuania/