Revolut vs Skrill : Which is Better?
Revolut
Revolut is a app to exchange, send and receive 28 currencies with analytics. Developed by Revolut Ltd
License: Commercial
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Revolut VS Skrill
Revolut offers a more comprehensive set of features, including budgeting tools and investment options, making it suitable for users looking for a multifunctional financial app. In contrast, Skrill focuses primarily on international money transfers and has a simpler fee structure, making it a solid choice for users who prioritize straightforward money transfers.
Revolut
Pros:
- Wide range of features including budgeting and investment tools
- Supports multiple currencies and cryptocurrencies
- User-friendly mobile app with a sleek design
- Offers competitive exchange rates and low fees
- Provides virtual and physical cards for spending
Cons:
- Limited customer support options compared to competitors
- Some advanced features require a premium subscription
- Not available in every country
- Withdrawal fees can apply in certain cases
- Transaction limits for free accounts
Skrill
Pros:
- Established platform with a large user base
- Focus on international money transfers
- Simple fee structure for transactions
- Offers a prepaid card for spending
- Supports multiple payment methods for convenience
Cons:
- Higher fees for currency conversion compared to Revolut
- Limited investment options compared to Revolut
- No budgeting tools available
- Less focus on cryptocurrency services
- Customer support can be slow to respond
Compare Revolut
Compare TransferWise and Revolut and decide which is most suitable for you.