press release source www.revolut.com
Revolut, the global fintech with more than 50 million customers globally, has today announced that it is gearing up to launch Mobile Plans. Revolut’s monthly mobile plans will boast unlimited calls, texts and data at home and a 20GB roaming allowance across Europe and the US – all with a local phone number and no fixed contract commitments.
Set to launch first in the UK and Germany with more markets to follow, Revolut users can join the waitlist (UK waitlist; DE waitlist) to be the first to access and be eligible for an introductory monthly rate of £12.50 a month.
Mobile Plans is the latest move by Revolut as it expands into full mobile connectivity and drives further competition against traditional network providers as UK consumers suffer from hefty European roaming charges. In 2024, Revolut became one of the first UK financial institutions to offer global eSIMs for its customers to stay connected when travelling abroad. Proving extremely popular, Revolut customers have since created millions of data plans that have been used in more than 100 locations worldwide and eSIM is now Revolut’s number one non-banking product in terms of usage.
After launch, Revolut users will be able to choose a Revolut provided mobile number and activate their plan within minutes or seamlessly port their existing number. Mobile Plans will be deeply integrated into the Revolut app and offer an unprecedented user experience versus traditional network providers, with intuitive usage tracking and in-app controls.
Revolut users will also be able to pay for their plan with their RevPoints, Revolut’s loyalty scheme which rewards customers with points on purchases, subject to their plan.
Hadi Nasrallah, General Manager, Telco and Retail Director at Revolut said: “The massive success of our eSIM product launched has proven mobile offerings are ripe for disruption. In our view, consumers are suffering with traditional network offerings due to a lack of transparency with hidden fees, painful customer experience and old, difficult to navigate UX. We’re looking to solve all three, providing Revolut customers with a tech-led experience, the best value and no fixed contract commitments. It’s yet another step for Revolut into the consumer telecommunications arena where innovation is desperately overdue and we look forward to bringing this update to consumers in more markets soon.”
Mobile Plans will be rolling out in the UK and Germany later this year with operating partners to be confirmed. They form part of Revolut’s extensive lifestyle and travel offering, which helps make money matters easier and more cost-effective for modern users at home and abroad. Revolut customers can earn points on daily spending with RevPoints, book over 1.9M hotels, homes and guesthouses and 300K+ experiences in a matter of seconds through their Revolut app. They can also stay connected in 100+ countries with eSIM and enjoy lounge access, depending on plan type (eSIM, RevPoints & Lounges T&Cs apply).