Atom Bank, launched in 2016, holds the distinction of being the UK’s first app-only bank. With no physical branches or traditional online banking interface, Atom has set up an new industry standards.
“Very straightforward and easy to operate, love the app.” – Smart Money People Reviewer
Is Atom a real bank or just an app? Atom is a licensed bank that has been provided authorization by Predential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA). Also your savings in app are covered in case of company bankrupcy up to £85,000.
Atom bank focuses on Savings, Mortages, and Loans. Its not a classical online banking app like Revolut. You will not get your bank account number or card to spend money with. What you need to do to use Atom Bank is connect your UK personal bank account to the app. After connecting you can send or withdraw money from the Atom Bank. Atom Bank currently give 4.5 annual equivalent rate for savings account which is really competitive.
What kind of returns can I expect from fixed rate savings accounts?
If you put £10,000 for a year you can expect around £409 in returns.
atom bank reviews
User Reviews
Trust Pilot4.9/5 from over 15,900 reviews.
App Store: 4.9/5 from 59k+ reviews.
Google Play: 4.8/5 from 16k+ reviews.
Atom Bank is a solid choice for digitally savvy users looking for great savings rates and a frictionless mobile experience. The app is sleek and modern, interest rates are competitive, and support is readily available.
Our advice? If you’re comfortable with app-based banking and keep your deposits within the FSCS limit, Atom Bank offers a secure and rewarding alternative to traditional banks and gives you easy way to start saving your money.
Currensea vs Revolut are both great card for international travel, epecially in the eurozone. That being said lets compare the benefits of each card and reach conclusion which one should you choose.
What is Revolut and why would I choose it?
Revolut started in 2015 by Nik Storonsky and Vlad Yatsenko , and since has grown in to the largest FinTech neo bank in the world with over 50 million customers.
There are multple plans for Revulut app, but we will compare free Revulut plan to free Currensea plan to keep it simplified.
Links directly to your existing bank account – no need to top up a separate wallet.
Good for frequent travelers- especially if you want to keep thinks simple.
Offers decent exchange rates with lower fees on premium plans.
Provides you with a brand new bank account- you get your IBAN code.
Has more complex and feature- rich mobile app that supports budgeting, savings, and investment features.
Access to interbank exchange rates (especially useful for larger transactions).
Cons
Only for UK banks accounts.
0.5% FX( Foreign Exchange) which can add up when travelling.
Doesnt have any budgeting or saving plans- its pure travelling card. Some people might prefer this.
You need to top up money to your Revolut account- not as simple as Currensea which does this for you on the go.
Weekend exchange rates can get slightly worse.
People had issues with support taking time or not fixing the issues.
Trustpilot
Conclusion
After looking at all the pros and cons and comparing Currensea vs. Revolut, the best choice really depends on how you manage your money and whether you’re a frequent traveler. Currensea is great if you want something simple that works seamlessly with your existing bank account — it connects directly to it, meaning no top-ups, no headaches, and no switching between multiple apps. It’s ideal for people who travel occasionally and just want to get better foreign exchange rates compared to what their usual bank offers.
Revolut, on the other hand, is on a whole different level — it’s a full-on neo-banking app. Its feature-rich mobile platform will definitely appeal to enthusiasts and more frequent travelers who know how to get the most out of the app. You’re issued an International Bank Account Number (IBAN) for each currency you use, so you can send and receive money just like with any regular bank account. That’s one of the biggest reasons people might prefer Revolut.
If you’re into investing, you can buy stocks — even cryptocurrencies — with a single tap. For the more cautious, risk-averse type of investor, Revolut also lets you create savings vaults for your goals. Another really handy feature is the ability to generate virtual credit cards (VCCs), which are great for sketchy websites or one-off payments where you’re not sure how secure things are. You can disable these VCCs whenever you want — perfect for avoiding those annoying merchants who make it a nightmare to cancel subscriptions. There are even disposable VCCs that vanish after a single use.
So if you prefer simplicity and like sticking with your main bank, Currensea is probably the way to go. But if you’re looking for more control, features, and flexibility — Revolut might be the better fit.
The Currensea App is a travel debit card that links to your UK bank account. It is perfect if you are travelling outside of UK as it allows you to save money by having better FX(foreign exchange) rates than normal UK banks. You can easy connect Currensea App to your UK bank account and dont need to worry about the amount you want to top it up with before your trip- it automatically collects the amount you spend via Direct Debit from your UK bank account.
Trust Pilot4.9/5 from over 15,900 reviews.
App Store: 4.9/5 from 59k+ reviews.
Google Play: 4.8/5 from 16k+ reviews.
