Wise and Revolut are popular multi-currency platforms that are popular with travellers. In this video I explain the different features of both platforms to help you decide whether one of these cards is a good choice for you.
Despite many similarities between Wise and Revolut, there are some key differences between the two.
Wise, formerly known as TransferWise, is primarily a platform for sending and receiving money internationally with competitive exchange rates and low fees for international money transfers. Wise also offers a multi-currency account that allows users to hold and manage money in different currencies. This account can be used to receive payments in different currencies and to make payments in different currencies as well, both on a personal and on a business level. The Wise also offers a debit card can also come in handy when travelling, as it allows you to spend in different currencies.
Revolut is a digital banking platform that offers a range of financial services, including international money transfers, currency exchange, and a debit card. In addition to multi-currency spending, Revolut also offers a range of premium features, including travel insurance, cryptocurrency trading, and airport lounge access, which can be accessed through their various pricing plans.
In summary, while both platforms offer international money transfers and currency exchange services, Wise is primarily focused on these services, whereas Revolut offers a broader range of financial services and premium features.
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Mentioned in this video:
🔹 Wise - A cheaper, faster way to send money abroad: [ Ссылка ]
🔹 Revolut - One app, all things money: [ Ссылка ]
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Chapters:
0:00 - Intro
0:54 - What are Wise and Revolut?
1:23 - Multi-currency features
1:55 - Exchange rate comparison
3:16 - Debit cards
3:44 - Wise Business and Revolut Business
4:59 - Pricing Models
5:25 - Wise IBANs
6:14 - Revolut plans
7:30 - Revolut saving, investing and payments
8:34 - Which one is right for you?
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🔹 Wise - A cheaper, faster way to send money abroad: [ Ссылка ]
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About me:
Welcome to Millennials With Money!
My name is Jonny, I'm a financial analyst from the UK, currently living and working in Spain.
I created this channel to help and inspire young people to improve their financial situation and live life to the full by sharing my own experiences with money and living abroad.
I upload content on a weekly basis about personal finance, how to invest your money, tips to help you save more money, real estate and property, and travel and living overseas.
Everybody is welcome in the Millennials With Money community! Let's get this money!!!
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#wise
#revolut
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DISCLAIMER: The opinions and views shared on this channel are for entertainment and educational purposes only and are not to be taken as financial advice. Always conduct your own research prior to making any financial decision. Millennials With Money cannot be held responsible for any financial loss incurred from any decisions you make following this video.
