The Revolut card sells itself on the mid-market exchange rate, but that rate only holds inside a monthly cap, and the caps are where most people in Singapore get caught out. On the free Standard plan you convert up to S$5,000 a month at the interbank rate, then pay a 1% fair-usage fee on anything beyond it (figures as of October 2026, per Revolut's pricing page). This guide breaks down all four personal plans, the fees nobody reads, how the savings side works, and exactly what the invite-friends bonus pays out before you start sending links to everyone you know.
Revolut is a UK-founded fintech that runs in Singapore under a Major Payment Institution licence from the Monetary Authority of Singapore (MAS). That licence matters: it caps how much money you can move through an e-money account, which is why some of Revolut's limits feel oddly specific rather than generous.
The card itself is a multi-currency debit card linked to a prepaid wallet. You top the wallet up from a Singapore bank account, hold and exchange 30-plus currencies in-app, and spend in 150-plus currencies abroad. It is not a credit card, so there is no credit limit, no interest on purchases, and no annual fee on the entry tier. If you want the contrast with a points-earning option, our travel credit card guide covers the rewards side that Revolut deliberately keeps light.
Update, 13 October 2026: Premium costs S$10.99 a month and Metal S$21.99, not the S$9.99 and S$19.99 we listed, a fourth plan called Ultra now sits above Metal at S$89.99, and the MAS cap on money sent out each year is S$100,000, not the S$30,000 we gave. There are four personal plans. The headline difference is the monthly fee-free exchange limit and whether weekend conversions cost extra. Prices below are monthly fees as of October 2026, from Revolut's plans page. Confirm the live number in the app before subscribing.
| Plan | Monthly fee | Fee-free FX/month | Fee above limit | Weekend FX markup | Overseas ATM free/month |
|---|---|---|---|---|---|
| Standard | Free | S$5,000 | 1% | 1% | S$350 (or 5 withdrawals) |
| Premium | S$10.99 | S$15,000 | 0.5% | None | S$700 |
| Metal | S$21.99 | Unlimited* | None | None | S$1,050 |
| Ultra | S$89.99 | Unlimited* | None | None | S$3,500 |
Revolut converts at the interbank (mid-market) rate during weekday market hours, which genuinely beats the spread most banks and money changers apply. The catch is the fair-usage cap. Once you cross S$5,000 of conversions in a rolling month on Standard, every dollar after that carries a 1% fee. Premium lifts the ceiling to S$15,000 and drops the over-limit fee to 0.5%.
Then there is the weekend. Currency markets close, so Revolut applies a markup on conversions made outside market hours, from 5pm Friday to 6pm Sunday New York time, which is early Saturday morning to early Monday morning in Singapore. On Standard that is 1% on top of whatever you exchange; Premium, Metal and Ultra waive it. If you tap to pay abroad on a Saturday in a currency you have not pre-loaded, Standard quietly converts at the moment of spend and the weekend fee applies.
The practical move is to convert the currencies you need on a weekday before you travel, then spend from those balances. For a side-by-side against YouTrip and Wise on the same trip, our multi-currency card comparison runs the real numbers.
Here is the rule that surprises new users: you cannot make local Singapore ATM withdrawals with a Revolut card. The free ATM allowance applies to overseas machines only. Standard gives you up to S$350 a month (or five withdrawals, whichever comes first), Premium S$700, Metal S$1,050 and Ultra S$3,500. Past your allowance, Revolut charges 2% of the amount withdrawn or S$1.49, whichever is higher, on top of any fee the foreign ATM operator adds.
Topping up is free from a Singapore bank transfer. Funding by debit or credit card can carry a percentage fee depending on the card network, so bank transfer is the cheapest route. You cannot deposit physical cash. The first physical card is free, but Standard users pay S$4.99 for delivery, while Premium and higher plans get free express delivery.
If you are weighing how much foreign cash to carry versus card, our money changer rate guide is worth a look alongside this.
Update, 13 October 2026: the April 2026 yields we quoted (about 3.87% for USD, 3.92% for GBP and 2.1% for EUR before fees) are replaced by Revolut's 31 July 2026 figures below. Revolut also lets you park idle balances in Flexible Cash Funds, which are money-market funds rather than a bank deposit, so returns vary daily and are not capital-guaranteed or covered by the Singapore deposit insurance scheme. Revolut's plans page, using 7-day fund yields as of 31 July 2026, lists USD at 2.98% on Standard rising to 3.78% on Ultra, GBP at 3.06% to 3.86% and EUR at 1.47% to 2.27%. Revolut's fee disclosure puts its yearly service fee at 0.90% on Standard and 0.10% on Ultra, so check the after-fee rate in the app.
Returns accrue daily and uncollected interest is reinvested monthly, so the effective figure compounds. Whether that beats leaving the money in a local high-yield account depends on the currency and the fee, and on tax treatment. If you want to model what a given yield does over time, run it through the compound interest calculator before committing a balance.
Update, 13 October 2026: we have dropped the S$70-per-friend figure, because Revolut's Singapore referral terms set no fixed amount and leave it to each in-app invitation. The refer-a-friend bonus is the reason Revolut spreads so fast among Singapore travellers, but the payout only lands if your invitee finishes every step. The invitation can offer a fixed sum, a sum that grows with the steps your friend completes, or a draw. In a draw, Singapore payouts run from S$25 (60% odds) to S$350 (1% odds). As of October 2026 you are paid for up to five invitees per campaign, and only you, the inviter, get the reward unless Revolut tells your friend otherwise. Check the in-app offer before you share links.
Your invitee has to be a genuinely new customer (no prior Revolut account), and they must complete the full chain before the campaign deadline.
Revolut earns its keep for frequent travellers and anyone who spends across several currencies, especially if you convert on weekdays and stay under the fee-free cap. The free tier is genuinely useful for an occasional overseas trip.
It is a weaker fit if you want airline miles or cashback on everyday local spend, since the rewards are thin compared with a dedicated card; in that case start with our miles credit card roundup. It is also not a replacement for a current account: no local ATM access and the e-wallet caps (Revolut holds up to S$19,800 and caps most outgoing payments at S$97,000 a year) mean it works best as a travel-and-FX layer beside your main bank, not instead of it.
Yes, the Standard plan has no monthly fee and the first physical card is free, though Standard users pay S$4.99 for delivery. Beyond that, the main charges are exchanging more than S$5,000 a month or on a weekend, overseas ATM withdrawals past your allowance, some card top-ups, and the monthly fee if you upgrade to Premium, Metal or Ultra.
No. Revolut's Singapore fee terms say ATM withdrawals are not permitted in Singapore. The free ATM allowance, S$350 a month on Standard, applies only to overseas machines, with a 2% fee (at least S$1.49) once you exceed the limit.
On the Standard plan, conversions made outside weekday market hours carry a 1% fee because currency markets are closed. Premium, Metal and Ultra plans waive this weekend fee, so heavy weekend spenders abroad may find a paid plan cheaper over a year.
Revolut does not publish one fixed amount for Singapore. As of October 2026 its referral terms leave the reward to your in-app invitation, which can be a fixed sum or a draw paying S$25 to S$350, and you are paid for up to five invitees per campaign. Your friend must be new to Revolut, top up, order a card and make the required purchases before the deadline, and the reward goes to you as the inviter.
This is general financial information for Singapore, not personal financial advice. Figures change, so verify current rates against the official sources above before acting. See our full disclaimer.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).