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№02 · HEAD-TO-HEAD · Edition №08 · Updated 11 March 2026

Revolut vs Varo Money.

Revolut (R91/100) and Varo Money (V82/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Revolut leads Varo Money 7-2.

Quick verdict Revolut 7–2
Score 10 of 1
Fees 20 of 4
Protection 01 of 2
Reach 30 of 3
UX 11 of 2
Revolut Varo Money
Banks compared 2 banks · 12 dimensions
R Revolut 91/100 V Varo Money 82/100 + Add a third bank
Tally · who wins more rows12 dimensions compared
RRevolut
73 tie · 2 loss
VVaro Money
23 tie · 7 loss
Winner: Revolut Closest gap: 5rowsEdition №08
R
Revolut №01 · Bank of Lithuania 91 /100
V
Varo Money №04 · OCC 82 /100
Score
Composite score Out of 100 91 /100 82 /100
Fees
Monthly fee Cheapest paid tier (€0 if free) €0 Free tier €0 Free tier
FX markup Debit card abroad Interbank Interbank
Free FX / month EUR equivalent €1,000 €0
Free ATM Before fee kicks in €200 /mo
Protection
Banking licence Tier Full bank Bank of Lithuania Full bank OCC
Deposit guarantee Per depositor €100,000 EU.DGS.LT $250,000 US.FDIC
Reach
Markets served Licensed jurisdictions 48 countries 1 country
Crypto Coins available 280 coins No
Stocks & ETFs Self-directed Yes No
UX
Trustpilot Customer score 4.7 ★ 367k reviews 4.2 ★ 8k reviews
App store iOS + Android avg 4.6 ★ iOS 4.7 · And 4.4 4.6 ★ iOS 4.7 · And 4.5
Read review Read review

Pick Revolut if…

Revolut №01

Pick if you want a real bank licence with crypto, brokerage and FX in one app. The strongest all-rounder under the v3 methodology.

Pick Varo Money if…

Varo Money №04

First US neobank to receive an OCC national bank charter (July 2020). Direct FDIC member — your money sits at Varo Bank, N.A., not a sponsor. Headline 5.00% APY savings rate on the first $5K with direct deposit — among the highest in the US neobank market.

Our pick across these 2
Revolut 91 /100

Pick if you want a real bank licence with crypto, brokerage and FX in one app. The strongest all-rounder under the v3 methodology.

Best at a glance Axis-by-axis winner — ties skipped.
  • Best for fees Revolut won 2 of 4
  • Best for protection Varo Money won 1 of 2
  • Best for reach Revolut won 3 of 3
  • Best for ux Tied
Frequently asked

Revolut vs Varo Money — FAQ

Quick answers to the four questions the search-bar asks most about a head-to-head.

Is Revolut better than Varo Money?

Under our v3 methodology, Revolut leads Varo Money 7–2 across 12 dimensions. Composite scores: Revolut 91/100 vs Varo Money 82/100. Revolut is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.

Is Revolut or Varo Money cheaper?

Monthly fee — Revolut: €0; Varo Money: €0. Card FX markup — Revolut: Interbank; Varo Money: Interbank. Revolut wins more fee rows (2 of 4). See the Fees section of the matrix above for ATM caps and the rest.

Which is safer for deposits, Revolut or Varo Money?

Revolut holds a Full bank licence under Bank of Lithuania; deposit guarantee per depositor: €100,000. Varo Money holds a Full bank licence under OCC; deposit guarantee per depositor: $250,000. Varo Money is the stronger pick on regulatory protection.

Where can I use Revolut and Varo Money?

Revolut operates in 48 countries; Varo Money operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.

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