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Wise VS Revolut Business: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Wise or Revolut Business better for your small business?



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Below we look at both Wise and Revolut Business reviews on Trustpilot along with their App reviews from Apple and Google.

We then look at typical fees, business savings rates, foreign currency options and a whole bunch of other account features to help you make up your mind.

Wise Homepage
Wise Homepage


Revolut Business Homepage
Revolut Business Homepage
 

Wise vs Revolut Business Trustpilot Reviews

WiseRevolut Business
Trustpilot Review Score (out of 5)4.24.2
Percent 5-Star Reviews83%75%
Percent 1- Star Reviews7%10%
Total Number of Reviews207,506148,162
Sources:
https://www.trustpilot.com/review/wise.com
https://www.trustpilot.com/review/www.revolut.com

Wise vs Revolut Business App Reviews

WiseRevolut Business
iPhone Review Score (out of 5)4.84.9
Number of iPhone Reviews85,40026,200
Android Review Score (out of 5)4.84.6
Number of Android Reviews762,00020,300
Sources:
https://apps.apple.com/gb/app/wise/id612261027
https://apps.apple.com/gb/app/revolut-business/id1436969262

Wise vs Revolut Business Account Fees & Charges

WiseRevolut Business
Free Business Bank AccountNoYes
Free Business Account Term LengthNANo Limit
Cheapest Monthly Account FeeFree£19
Most Expensive Monthly Account FeeFree£79
Electronic Payment Cost (in/out)0.42%1% + 20p
Cash Payments Cost (in/out)2% / 1.75%€1
Cheques (in/out)Unknown£8
CHAPS Payments Cost£25£25
SEPA Payments CostNo20p

Wise vs Revolut Business Business Savings Rates

WiseRevolut Business
Types of Business Savings AccountsBlackRock ICS Sterling Government Liquidity FundGrow, Scale, Enterprise
Lowest Savings Rate (AER)4.67%2%
Maximum Savings Rate (AER)4.67%3%
Minimum Savings Amount£1No
Interest Paid On Foreign CurrenciesYesYes
 

Wise vs Revolut Business Account Opening Times

WiseRevolut Business
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
2 Working days10 minutes
Do They Check Your Credit?NoNo
Current Account Switch ServiceNoYes

Wise vs Revolut Business Features & Account Types

Wise Account Types
Wise Features & Account Types


Revolut Business Account Types
Revolut Business Features & Account Types


WiseRevolut Business
Business Current AccountYesYes
Business Savings AccountNoYes
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesYesNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeVisa/MastercardVisa
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsNone, online onlyNone, online only

Wise vs Revolut Business Customer Support Options

WiseRevolut Business
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

Wise vs Revolut Business Foreign Currency Accounts

WiseRevolut Business
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • AUD – Australian dollar
  • BGN – Bulgarian lev
  • BRL – Brazilian real
  • CAD – Canadian dollar
  • CHF – Swiss franc
  • CZK – Czech koruna
  • DKK – Danish krone
  • EUR – Euro
  • GBP – British pound
  • HKD – Hong Kong dollar
  • HUF – Hungarian forint
  • IDR – Indonesian rupiah
  • INR – Indian rupee
  • JPY – Japanese yen
  • MYR – Malaysian ringgit
  • NOK – Norwegian krone
  • NZD – New Zealand dollar
  • PLN – Polish zÅ‚oty
  • RON – Romanian leu
  • SEK – Swedish krona
  • SGD – Singapore dollar
  • AED (United Arab Emirates Dirham)
  • AUD (Australian Dollar)
  • BGN (Bulgarian Lev)
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • CNY (Chinese Yuan)
  • DKK (Danish Krone)
  • GBP (British Pound Sterling)
  • HKD (Hong Kong Dollar)
  • HUF (Hungarian Forint)
  • ILS (Israeli New Shekel)
  • JPY (Japanese Yen)
  • MXN (Mexican Peso)
  • NOK (Norwegian Krone)
  • NZD (New Zealand Dollar)
  • PLN (Polish Zloty)
  • RON (Romanian Leu)
  • RUB (Russian Ruble)
  • SAR (Saudi Arabian Riyal)
  • SEK (Swedish Krona)
  • SGD (Singapore Dollar)
  • THB (Thai Baht)
  • TRY (Turkish Lira)

Other Business Services From Wise and Revolut Business

Wise Account Types
Other Wise Services


Revolut Business Account Types
Other Revolut Business Services


WiseRevolut Business
Business LoansNoNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesYesYes
Card MachinesNoYes
Free Accounting SoftwareYesNo

Wise vs Revolut Business Banking Basics

WiseRevolut Business
Bank TypeChallengerChallenger
FSCS ProtectionNo, unless money is held in assetsNo
FCA Number900507900562
WebsiteWise WebsiteRevolut Business Website

Common Comparison Questions

Does Wise or Revolut Business have better customer reviews?

Wise scores 4.2 out of 5 based 207,506 Trustpilot reviews. Of these reviews 83% are 5-star and 7% are 1-star.

Whereas, Revolut Business scores 4.2 out of 5 based 148,162 Trustpilot reviews. Of which 75% are 5-star and 10% are 1-star.

Does Wise or Revolut Business have a better App?

Wise’s iPhone App is rated 4.8 out of 5 based on 85,400 reviews. And it’s Android App is rated 4.8 out of 5 based on 762,000 reviews.

In comparison, Revolut Business’s iPhone App is rated 4.9 out of 5 based on 26,200 reviews. And it’s Android App is rated 4.6 out of 5 based on 20,300 reviews.

Does Wise or Revolut Business have better business savings rates?

Wise offers the following types of business savings accounts: BlackRock ICS Sterling Government Liquidity Fund with interest rates ranging from 4.67% to 4.67%. (AER)

In contrast, Revolut Business offers Grow, Scale, Enterprise accounts with interest rates ranging from 2% to 3% (AER).

See Other Comparisons:
Wise vs Danske Bank UK
Wise vs Ulster Bank
Wise vs Kent Reliance
Wise vs Cynergy Bank
Wise vs Zempler Bank (formerly Cashplus)


For other business bank accounts see our guide here.

 



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