Revolut Premium vs Tomorrow Change
Comparison of fees, limits and features available by fintech experts
Looking to compare Revolut Premium and Tomorrow Change? Today, we will be comparing these bank accounts, providing you with a complete overview of features available, pricing and fees. Below you will find a brief introduction for both of the banks, after which you can explore our comparison table listing all the key information on fees and products available for both of the options. At the end of the article, we provide bullet points of key pros and cons of both options and our verdict.
Revolut vs Tomorrow bank is a really tough choice. Both represent the digital banking "elite", and both "Premium" and "Change" are flagship premium-segment plans packed with exciting and useful features. There are no doubts these banks are secure, regulated and trustworthy, and they definitely deliver on all of the "bread-and-butter" banking needs. However, you really need more than that to stand out among the competition nowadays - and the best part is, both accounts do. But how do you choose one over another? Let's dig into the specifics.
Europe's biggest neobank, Revolut is a pioneer of mobile-first banking. Offering a wide range of financial services and banking products, including (but not limited to!) trading stocks and crypto, Revolut is a safe option regardless of customer's country of residence.
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Tomorrow represents the future of banking with a focus on being transparent, digital-first and sustainable. Instead of focusing purely on profits, the bank is instead committed to ethical investment practices and creating social equity, while delivering a great user experience.
Bank Accounts for Individuals
Read our detailed reviews of personal bank accounts available at some of the world's most popular online banks, compare the plans they offer, explore their pricing and discover all the hidden fees.
There are quite a few considerations to keep in mind when choosing, so make sure to identify what deal-breakers there are for you personally. In order to assist you in this assessment, we provide a side-by-side breakdown of features and fees between Revolut Premium and Tomorrow Change in a comparison table below.
|Price, per month||€ 7.99||€ 7.00|
|Commitment||12 months||Cancel monthly|
|Sign-up bonus||-20% paying annually||-|
|Shared accounts||❌||Included for free|
|Others||Garmin Pay, Fitbit Pay||-|
|Extra card fee||-||-|
|Replacement fee||€ 10.00||€ 10.00|
|Free replacements||1 per year||-|
|SWIFT (receive)||€ 2.00||€ 3.00|
|Foreign exchange fee||0.50%||-|
|Currency fee-free limit||up to € 1000 per month||-|
|Daily limit||€ 3000||€ 500|
|Free withdrawals, per month||5 times||5 times|
|After that, per withdrawal||2.0%||€ 2.00|
|Withdrawal fee abroad||2.0%||€ 2.00|
|Transaction & Deposit Limits|
|Deposit Protection||Up to £85'000||Up to €100'000|
|Monthly spend limit||-||€ 10,000|
|Other financial products|
|Lounge access||After 1 hour delay||❌|
|Purchase protection||€2'500 per year limit||❌|
|Deals & Discounts||✔️||✔️|
|Other benefits||Powerful analytics||Carbon footprint|
Tomorrow & Revolut: Pros & Cons
The detailed breakdown of dozens of terms and complex fee structures can get overwhelming - to avoid that, here are some of the key benefits and disadvantages of both Revolut and Tomorrow's propositions.
- Shared banking options: Junior accounts for 2 kids and Group Vaults for saving together included in this plan.
- Disposable virtual cards and two customizable physical cards with a wide range of exclusive designs included in subscription.
- You get both a European IBAN and a UK bank account included at no additional cost with this subscription.
- ATM withdrawals after a fairly low €400 monthly allowance comes at a high fee of 2%.
- No metal cards available - you would need to upgrade to a more expensive Metal plan for that.
- Revolut users frequently encounter services declining Revolut IBANs service due to bank's excessive anti-fraud policies.
- An ability to deposit cash into your bank account at a low fee of 1,0% and 5 free ATM withdrawals a month.
- Shared bank account at no extra cost - it is included in the Change monthly subscription.
- Ability to track your climate impact in real-time, benefits from green partnerships and ethical investments.
- No interest rate on savings accounts nor investment features - these are still in development.
- No business accounts available - this is only a downside for entrepreneurs and freelancers.
- While Tomorrow does provide a phone support, it is only available from Monday to Friday. Live chat is 24/7 however!
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Our Verdict: Revolut Premium or Tomorrow Change?
Ultimately, the choice comes down to your specific needs. Revolut, being a more established bank overall, offers an impressive range of niche features. Tomorrow, on the other hand, cares deeply about sustainability and ethical investment practices in banking and has an app with a much cleaner user interface and (according to online reviews) a more responsive customer support.
However, you must take into account the fact that Tomorrow's product is built around the needs of a German user, while Revolut has been servicing users all over the world for years already. This means that you need to carefully check if Tomorrow supports all the local banking "must-haves" you can't survive without in your country of residence. Ultimately, the best advice we can give you is this: read our in-depth reviews of each bank, download the apps yourself and make an informed choice based on your personal needs.
Choose Revolut Premium if...
You travel a lot and frequently pay in different currencies
You want a tried-and-tested digital bank used by millions
You live in the UK or visit the island a lot
Pick Tomorrow Change if...
You care about sustainability and ethics in banking
You want a bank card made out of wood
You live in Germany
If you found any of these plans to be a good fit for your specific banking needs, you will find links to their official websites or apps below. By signing up via links on our website, you support us in our mission of making finance easy and accessible to everyone.
⚠️ Please note that the information on pricing, contract terms and availability of products in certain markets is subject to change and can differ from what is stated above. We aim to keep this comparison as accurate and up-to-date as possible, but we advise you to treat the information provided above as indicative and always check banks' official websites for actual terms before signing up. ⚠️
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