Fortuneo vs. Revolut

Attribute	Fortuneo	Revolut
Banking Services	Yes	Yes
Mobile App	Yes	Yes
Physical Branches	No	No
International Transfers	Yes	Yes
Cryptocurrency Support	No	Yes

Overview

Fortuneo and Revolut are both popular financial services companies that offer a range of products to their customers. While Fortuneo is a traditional online bank based in France, Revolut is a digital banking app that has gained popularity for its innovative features and global reach. In this article, we will compare the attributes of Fortuneo and Revolut to help you decide which one may be the best fit for your financial needs.

Account Options

Fortuneo offers a variety of account options, including current accounts, savings accounts, and investment accounts. Customers can also access a range of financial products such as loans, insurance, and credit cards. On the other hand, Revolut primarily offers a mobile app that allows users to open a current account, send money internationally, and spend in multiple currencies with no hidden fees. Revolut also offers premium and metal account options with additional features such as travel insurance and cashback rewards.

International Usage

One of the key differences between Fortuneo and Revolut is their international usage. Fortuneo is primarily focused on the French market and may not be the best option for customers who frequently travel or make international transactions. Revolut, on the other hand, is known for its global reach and ability to support transactions in multiple currencies. With Revolut, customers can easily send money abroad, spend in foreign currencies, and even hold cryptocurrencies in their account.

Fees and Charges

When it comes to fees and charges, Fortuneo and Revolut have different pricing structures. Fortuneo typically charges fees for certain transactions and services, such as international transfers and ATM withdrawals. In contrast, Revolut is known for its low fees and transparent pricing. Revolut customers can benefit from no foreign exchange fees, no hidden charges, and competitive rates for international transfers. However, it's important to note that Revolut may charge fees for certain premium features and services.

Customer Service

Customer service is an important aspect to consider when choosing a financial services provider. Fortuneo is known for its responsive customer support team that can be reached via phone, email, or live chat. Customers can also access a range of online resources and FAQs to help with any queries. Revolut, on the other hand, has faced criticism in the past for its customer service, with some users reporting long wait times and difficulty reaching a representative. However, Revolut has made efforts to improve its customer support and now offers 24/7 chat support within the app.

Security

Security is a top priority for both Fortuneo and Revolut. Fortuneo uses advanced encryption technology to protect customer data and transactions, and customers can also enable two-factor authentication for added security. Revolut also prioritizes security and offers features such as biometric authentication and the ability to freeze your card instantly if it's lost or stolen. Additionally, Revolut provides real-time transaction notifications to help customers monitor their account activity and detect any suspicious transactions.

Conclusion

In conclusion, both Fortuneo and Revolut offer unique features and benefits to their customers. Fortuneo is a traditional online bank with a focus on the French market, while Revolut is a digital banking app with a global reach and innovative features. When choosing between Fortuneo and Revolut, it's important to consider factors such as account options, international usage, fees and charges, customer service, and security. Ultimately, the best choice will depend on your individual financial needs and preferences.