Can I use Revolut in Australia?

Planning a trip to Australia? If you’re a Revolut user, it could be useful to know if you can use the money app there.

You might even be thinking of moving to Australia permanently, and like the idea of being able to use Revolut instead of a bank.

Whichever is the case, you’ll be pleased to know that Revolut does work in Australia. We’ll run through everything you need to know about it here in this guide.

We’ll even show you an alternative for low-cost overseas spending - the Wise international debit card.

How does Revolut work in Australia?

Revolut Australia launched back in 2019,¹ as the fintech firm’s first destination outside of Europe.

It works Down Under in essentially the same way as in the UK.

You’ll need to sign up for an account and choose a plan. Then you can start sending and requesting money through the Revolut mobile app.

You’ll also get a Revolut card, which can be used in Australia, the UK, the US, Europe and in countries all over the world.

Revolut Australia plans and pricing

If you’re signing up to Revolut while living in Australia, you’ll have three plans to choose from. This includes a basic free plan, just like in the UK. Here are your options:²

• Standard - free
• Premium - $9.99 AUD a month
• Metal - $24.99 AUD a month.

This is one fewer than in the UK, where there’s also a Plus plan available as the next tier up from the free Standard plan.

Each Revolut plan comes with a debit card. However, you get more perks and benefits when you upgrade to a more expensive monthly package.

For example, with a Premium account you’ll get a 60% discount on international transfer fees, a $20,000 AUD limit on fee-free currency exchange and free/discounted airport lounge access.²

Go Metal and you’ll get an 80% discount on international payments, unlimited fee-free currency exchange, free/discounted airport lounge access and an exclusive Metal card.²

Both offer many more features than with the basic free plan.

Using your UK Revolut account in Australia

If you opened your Revolut account in the UK, can you use it in Australia? Yes, you can!

If you’re on holiday or temporarily staying in Australia, you can use the Revolut app to send and receive money. You can also use your Revolut card to spend and withdraw cash.

However, as a UK customer on a free Standard plan, you’ll need to stick to certain limits. You will only be able to withdraw £200 a month in overseas ATM withdrawals for free, and there’s a 2% fee after that (according to Revolut UK pricing). ³

Wise - an alternative to Revolut in Australia

If you’re looking for a convenient, low-cost way to spend and even send money while abroad, check out Wise.

Open a Wise multi-currency account online and you can send and receive international transfers from wherever you are in the world. Manage your money in 50 currencies, including GBP and AUD.

There are no monthly subscription fees to worry about, only a low, transparent fee when you want to make a transfer or convert currency.

And for a one-off cost of just £7, you can get a Wise international debit card for spending in 174 countries.

It works all over the world, including Australia. It automatically converts your money to AUD (or whatever the local currency is) at the mid-market exchange rate whenever you spend.

This makes Wise the ideal choice for holidays and longer trips too. It could even be a good alternative to opening an Australian bank account if you’re thinking of moving to Oz permanently.

Join Wise today

Please see the Terms of Use for your region or visit Wise fees & pricing for the most up-to-date information on pricing and fees. Wise Card: Country restrictions apply.See countries where the Wise Card is supported.

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Sources used:

1. CNBC - Revolut expands to Australia
2. Revolut - Our pricing plans
3. Revolut - Standard fees (UK)

Sources last checked on date: 28-May-2023