Wise Business vs Revolut Business: Which is better for your business?

01 Apr 2025

3 mins read

This article covers:

Choosing the right business account can significantly impact how you manage your finances. Here’s a detailed comparison between Wise Business and Revolut Business, focusing on their features, pricing, business card options, and more, to help you decide which one suits your needs best.

	Wise Business	Revolut Business
Business cards	Physical and virtual cards available	Physical and virtual cards available; additional features like custom spend controls

Wise Business Business vs Revolut Business Business: Key Features

	Wise Business	Revolut Business
Supported currencies	Hold and exchange 40+ currencies; local account details in 9 currencies	Hold and exchange 25+ currencies; local account details in 3 currencies (GBP, USD, EUR)
International payments	Hold and exchange 25+ currencies; local account details in 3 currencies (GBP, USD, EUR)	Free within plan limits; interbank exchange rate during market hours; fees may apply outside allowances
Accounting software integration	Integrates with QuickBooks, Xero; API access included	Integrates with QuickBooks, Xero; API access available on paid plans
Business debit cards	Physical and virtual cards; multi-currency spending with no foreign transaction fees	Physical and virtual cards; custom spend controls; higher spending limits
App	Unified app for personal and business accounts	Separate app with additional features like cryptocurrency trading and stock trading

Both options offer robust features. Wise stands out with its extensive currency support and transparent fee structure, while Revolut excels in providing additional financial services and advanced spend controls. The best choice depends on your business’s specific needs.

Wise Business Business vs Revolut Business Business: Pricing

	Wise Business	Revolut Business
Account opening fee	None	None
Monthly subscription	None	Free plan; paid plans from £19/month
Currency exchange fees	From 0.33% per transaction	Free within plan limits; 0.6% fee outside allowances
Money transfer fees	From 0.33% per transaction	Free within plan limits; £0.2 for local transfers, £5 for international transfers outside allowances
FX fees	Uses mid-market rate; no additional fees	Interbank rate during market hours; 0.5% – 2% markup outside market hours

Wise offers a competitive fee structure with no monthly subscription, charging transaction-based fees starting from 0.33%. Revolut provides both free and paid plans, with varying allowances and fees. Consider your transaction volume and specific service needs to determine which pricing structure is more cost-effective.

Wise Business Business vs Revolut Business Business: Business Cards

	Wise Business	Revolut Business
Physical card	Yes	Yes
Virtual card	Yes	Yes
Custom card	No	Yes
ATM withdrawal	2 free withdrawals per month; fees apply thereafter	Free up to certain limits; 2% fee after the limit

Both Wise and Revolut offer business card functionalities, including physical and virtual cards. However, Revolut stands out with features like custom spend controls and higher spending limits, while Wise provides straightforward multi-currency spending with no foreign transaction fees.

See how Instarem compares

	Instarem
Features	Hold and exchange multiple currencies, send real-time payments, secure transactions, process up to 1,000 payments, and fund transactions seamlessly with Visa or Mastercard® credit cards.
Pricing	No monthly fees and no fees for cross currency payments
Business cards	Virtual prepaid Mastercard® with FX savings and customised spending controls