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Revolut

A fintech widely used in the UK for currency exchange, travel spending and cards. Check which entity and protections apply to your account.

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Digital banking

Is my Revolut crypto protected if Revolut fails?

No. Revolut's own terms say cryptocurrency isn't covered by the FSCS, and unlike a bank deposit or a safeguarded e-money balance, there is currently no dedicated statutory custody-protection regime standing behind it either.

6 min read
Digital banking

Is money held in Revolut FSCS protected in the UK?

It depends which Revolut entity holds your account. Balances with Revolut Bank UK Ltd are FSCS protected up to £120,000 per person; balances still with Revolut Ltd are e-money and only safeguarded.

7 min read