Revolut USD account: Features, fees, and more

Need to send or receive money in US dollars? Perhaps you’re a UK freelancer with clients over in the US, or you have a US holiday home you need to pay bills for.

Whatever your situation, you could find it useful to have a US dollar account. Here, we’ll be taking a look at the USD account from popular money app Revolut, to see if it could be a good option for you. This includes features, fees, exchange rates, limits and how to apply.

We’ll also show you a fantastic alternative - the Wise account from the money services provider Wise. It’s not a bank account but an international account that lets you manage your funds in 40+ currencies including USD.

You can send, receive and convert money at great mid-market exchange rates and low, transparent fees*. Your money is safeguarded and you’ll also get dedicated support and volume discounts when sending large amount transfers.

➡️ Learn more about the Wise account

Revolut USD Account - what is it and how does it work?

The Revolut USD account isn’t a standalone current account, but rather an add-on to your normal GBP Revolut account.

With Revolut, you can add 30+ currencies,¹ including USD. This means you can hold, spend, send and receive money in each currency, as well as converting between them.

With USD added to your Revolut account, you can make transactions directly in US dollars without a currency conversion needing to be carried out. This includes spending on your Revolut debit card, where you can choose the currency you’d like to spend in (i.e. USD).

Revolut USD account features

The main features of a Revolut USD account are the same as a standard GBP account, with the added benefit of being able to hold, send, receive and spend money directly in US dollars.

Revolut features include:

• Multi-currency debit card - earn RevPoints when you spend (these can be converted to travel perks and discounts)
• Limited fee-free ATM withdrawals
• International transfers
• Limited currency exchange with no additional fees, Monday to Friday.

The full list of features you’ll get will depend on which Revolut plan you’re signed up to. The above features are for the free Standard plan, but you can also upgrade to Plus, Premium, Metal or Ultra and pay a monthly fee.

This unlocks access to extra features and perks such as personalised cards, extra RevPoints, enhanced customer support, higher limits, savings interest, discounted airport lounge access, travel insurance and much more.

Revolut USD Account fees and costs

Now, let’s take a look at how much it could cost you to have a Revolut USD account. Here are the main fees and charges you need to know about:

International money transfer fees with the Revolut USD Account

You can send money abroad with your Revolut USD account, with payments typically being sent via SWIFT. The fees for international transfers vary, but you’ll be shown these upfront before sending your payment.

If you’re on a Premium, Metal or Ultra plan, you’ll get discounted or even fee-free international transfers.

Revolut USD Account exchange rate

Revolut uses its own exchange rates when you carry out transactions in another currency, or exchange between currencies in your accounts. You can see the rate you’ll get before you make the exchange or send a transfer.

A couple of things to be aware of though:

• There’s a fair usage fee of 0.5% to 1% (depending on plan) for currency exchange above the limits of your plan³
• Extra currency exchange fees of 0.5% to 1% apply on weekends, although Ultra and Metal plans don’t charge this fee.²

Using Revolut USD Account abroad

You can use your Revolut USD to spend and send money while you’re abroad, making it ideal for use when you travel to the USA in particular.

Any transactions you make will automatically be made from your USD, as long as there’s enough money in there. Otherwise, a currency conversion may be required.

Revolut USD Account limits

There are a few limits for what you can do with your Revolut USD account, and these are the same as a standard Revolut account in GBP.

Let’s take a look:

How to open an Revolut USD Account

If you’d like to open a Revolut USD Account, the first thing you’ll need to do is sign up for a standard Revolut GBP account. Once that’s up and running, you’ll be able to add new currencies in just a few clicks.

Here’s how to do it:

1. Download the Revolut app, or enter your mobile phone number on the Revolut website, to receive a link to the app
2. Open the app, enter your phone number and create a passcode for your new account
3. You’ll receive a text message from Revolut containing a PIN - you’ll need to enter this into the app to verify your account for security purposes
4. Enter your personal information, including name, birth date, address and email address
5. Make an initial deposit from another bank account
6. Verify your identity by selecting the ‘Profile’ icon in the app, then selecting ‘personal details’ and ‘verify your identity’. Take and upload a selfie with your ID document clearly visible
7. Choose which plan you’d like, confirm and you’re all done.

With your account open, you can now get on with adding USD. Simply follow these steps:⁵

1. Open the Revolut app
2. Go to ‘Home’ on the menu at the bottom of the screen
3. Tap ‘Accounts’ and then ‘Add new’
4. Select ‘Currency account’
5. Choose USD from the list of available currencies
6. Follow other on-screen steps to finish setting up your USD currency account.

Wise account – An international alternative to a bank account

If you need to send, receive and convert your money in US dollars and want to save money, consider taking a look at Wise.

Open a Wise account online and you can start managing your money in 40+ currencies (including GBP and USD). It’s not a bank account but offers some similar features.

✅ Sign up with Wise for free

**Capital at risk. In the UK, Interest and Stocks are provided by Wise Assets — this is the trading name of Wise Assets UK Ltd, a subsidiary of Wise. Wise Assets UK Ltd is authorised as an investment firm and regulated by the Financial Conduct Authority (FCA). Our FCA number is 839689. We do not give investment advice, and you may be subject to pay tax. If you're not sure, seek qualified advice. You can find more information about the funds on our website.

And that’s about it - everything you need to know about the Revolut USD account. We’ve covered all the important stuff, from features and fees to limits and how to open an account. You should be all set to decide if it’s a good option for you.

Sources used:

Sources last checked on date: 13-Aug-2025