Rakuten Bank vs Revolut Singapore.
Rakuten Bank (R70/100) and Revolut Singapore (R52/100), 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 Singapore leads Rakuten Bank 5-2.
| R Rakuten Bank №33 · JFSA 70 /100 | R Revolut Singapore №64 · MAS 52 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 70 /100 | 52 /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 | €0 | €0 |
| Free ATM Before fee kicks in | — | €350 /mo |
| Protection | ||
| Banking licence Tier | Full bank JFSA | Payment inst. MAS |
| Deposit guarantee Per depositor | Safeguarded No DGS | Safeguarded SG.SDIC |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 4 countries |
| Crypto Coins available | No | 30 coins |
| Stocks & ETFs Self-directed | Yes | Yes |
| UX | ||
| Trustpilot Customer score | — | 3.8 ★ 1k reviews |
| App store iOS + Android avg | 4.3 ★ iOS 4.4 · And 4.2 | 4.7 ★ iOS 4.7 · And 4.6 |
| Read review → | Read review → | |
Pick Rakuten Bank if…
Largest Japanese internet-only bank by customer count (~14M+) and the only TSE Prime-listed pure-play net bank (TYO: 5838, IPO 21 April 2023 — the largest Japanese IPO in five years at the time). Originally chartered as eBank in 2001; acquired by Rakuten Group (TYO: 4755) in 2009. Structural moat is the Rakuten Points + Rakuten Card + Rakuten Securities + Rakuten Mobile + Rakuten Ichiba ecosystem — points cross-pollinate across the entire surface area. Full FSA Banking Act licence; statutory DICJ member at the JPY 10,000,000 ceiling.
Pick Revolut Singapore if…
Revolut's APAC arm — Singapore-licensed regional HQ for AU / NZ / JP rollouts. Same multi-currency super-app model with MAS regulation and SDIC SGD 100,000 cover. The default cross-currency option for English-speaking APAC consumers.
- Best for fees Revolut Singapore won 1 of 4
- Best for protection Rakuten Bank won 1 of 2
- Best for reach Revolut Singapore won 2 of 3
- Best for ux Revolut Singapore won 2 of 2
Rakuten Bank vs Revolut Singapore — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Rakuten Bank better than Revolut Singapore?
Under our v3 methodology, Revolut Singapore leads Rakuten Bank 5–2 across 12 dimensions. Composite scores: Rakuten Bank 70/100 vs Revolut Singapore 52/100. Revolut Singapore is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Rakuten Bank or Revolut Singapore cheaper?
Monthly fee — Rakuten Bank: €0; Revolut Singapore: €0. Card FX markup — Rakuten Bank: Interbank; Revolut Singapore: Interbank. Revolut Singapore wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Rakuten Bank or Revolut Singapore?
Rakuten Bank holds a Full bank licence under JFSA; deposit guarantee per depositor: Safeguarded. Revolut Singapore holds a Payment inst. licence under MAS; deposit guarantee per depositor: Safeguarded. Rakuten Bank is the stronger pick on regulatory protection.
Where can I use Rakuten Bank and Revolut Singapore?
Rakuten Bank operates in 1 country; Revolut Singapore operates in 4 countries. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.