Revolut Standard
vs Monese Simple

Comparison table, pricing, fees, pros & cons

November 24, 2022

Looking to compare Monese Simple and Revolut Standard? The comparison below contains the results of our investigation into these two plans, their benefits and terms. Firstly, we will provide a quick summary and key information about the two banks, followed by a side-by-side comparison table of products available, benefits and fees of both accounts. A brief summary along with a list of pros and cons and our verdict can be found at the end of this page.

Comparing Revolut's free plan with Monese "Standard" bank account that comes at no monthly fee is not easy. Both banks created an excellent entry-level experience that will - by design - leave you wanting more. However, this should not discourage you - there is plenty both of these offer. As a bonus, Revolut & Monese bank cards are both powerful, accepted worldwide, grant you access to multi-currency and... they look great as well! Let's dive into the differences. Find out if one of these is a perfect fit for your banking needs in our comparison below.

In search of a better bank to switch to? We advise you to take a look at our curated list of the best banks for personal banking available on the market today, complete with side-by-side comparisons, reviews and our ratings. But first, let's quickly jump into our Monese vs Revolut comparison below.

Monese - Simple

Simple is Monese's no-hassle, feature-rich entry plan. You can open an account easily from your mobile device and get a digital account for your everyday banking needs. A free debit Mastercard is included, along with Apple or Google Pay, budget insights as well as multi-currency accounts in GBP, EUR and RON. You can easily transfer money abroad in 15 currencies including USD, AUD, PLN and more.

Revolut - Standard

The entry-level plan from international mobile bank Revolut provides with all the essentials for those who can benefit from accessing multi-currencies. Includes solid budgeting and payment capabilities as well as access to more advanced financial features such as stock and crypto trading.

Features & fees: Comparison table

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 that assessment, we provide a side-by-side breakdown of features and fees between Monese Simple and Revolut Standard in a table below.

Monese logo
Revolut logo
Price, per month € 0.00 € 0.00
Sign-up bonus - Save 20% paying annually
Official website
Sub-accounts included 1 1
Shared accounts Free Joint Account
Child accounts ✔️
Mobile Payments
Apple Pay ✔️ ✔️
Google Pay ✔️ ✔️
Samsung Pay
Others - Garmin Pay, Fitbit Pay
Cards available Mastercard Visa
Cards included 1 1
Maestro/VPay ✔️
Debit cards ✔️ ✔️
Credit cards
Virtual cards ✔️ ✔️
Extra card fee - -
Replacement fee - € 10.00
Free replacements - 1 per year
Metal card
Wooden cards
Payment Methods
iDeal ✔️
SOFORT ✔️ ✔️
Various Fees
SWIFT (receive) N/A € 2.00
Foreign exchange fee 2.00% 0.50%
Currency fee-free limit - up to € 1000 per month
ATM Withdrawals
Daily limit € 750 € 3000
Free withdrawals, per month 7500 times 5 times
After that, per withdrawal € 1.50 2.0%
Withdrawal fee abroad 2.0% 2.0%
Interest Rate
Current accounts 0.0% 0.0%
Savings accounts 0.0%
Transaction & Deposit Limits
Deposit limit € 50,000 -
Deposit Protection Up to €85'000 Up to £85'000
Monthly spend limit - -
Other financial products
Investments in-app ✔️
Crypto trading ✔️
Cashback 10% cashback on hotels
Insurance UK only: accident, medical and purchase protection
Lounge access
Transaction categorization ✔️ ✔️
Purchase protection
Round-up savings ✔️ ✔️
Budgeting features ✔️ ✔️
Deals & Discounts ✔️
Other benefits Savings account, credit builder Powerful analytics
Learn more

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 Monese and Revolut's propositions.

Monese Simple

  • Plus sign  A reasonable pack of mobile banking features at no monthly cost, including multi-currency accounts in GBP, EUR and RON.
  • Plus sign  Gives you access to interest-bearing savings account enabled by its integration with Raisin.
  • Plus sign  A wide selection of budgeting features that help you manage your money, including spending insights, and Pots allowing you to categorise your funds.
  • Minus sign  Fees on cash deposits, withdrawal and foreign currency payments are relatively high.
  • Minus sign  Not properly localised for EEA countries just yet. For example, you cannot make iDeal payments which is essential for residents in Netherlands.
  • Minus sign  Monese is not technically a bank. While security measures are in place, it comes with some limitations in terms of financial products they can offer in the future.

Revolut Standard

  • Plus sign  Strong suit of mobile banking features including budgeting insights, saving & group vaults and round-up for saving or charity.
  • Plus sign  Disposable virtual cards make it easy to be secure while online shopping.
  • Plus sign  Gives access to 10% cashback on hotel bookings made through the in-app Stay feature.
  • Minus sign  Card delivery is not free and only 1 free physical card is included in the plan.
  • Minus sign  Fees for crypto or commodities trading are higher than the more advanced plans.
  • Minus sign  Does not include some travel features such as travel insurance, airport launch access.

Verdict: Revolut Standard or Monese Simple?

You can open both accounts in less than 10 minutes from the comfort of your home and no investment is needed to do so. Plus, you get a free "no-strings-attached" trial of a higher-tier plan of both banks if you register using any of the links on this page! After all, there is no better way of knowing for sure than trying them out yourself. In case you want to sign up for one of the two banks, you will find links to the official websites below.

We advise you to keep in mind that the information on pricing, specific billing details, contract terms and availability of products in various markets is subject to change and can appear different from the one provided in this article. Our goal is to keep the information in this comparison as fresh and factually correct as possible, but we do not claim that it is 100% accurate at all times. As such, we advise you to treat the information provided on this website as indicative and urge you to always check the banks' official websites for actual conditions prior to signing up.

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