Revolut Launches Enhanced Plans with Purchase Protection for Individuals and New Business Offering for SMEs
Revolut has announced the launch of two new plans for individual and business customers
Revolut has also introduced everyday protection insurance for all retail plan customers, which includes coverage for accidental damage or theft of eligible items
Eligible purchases made by Plus, Premium and Metal consumers will be covered under the new benefit, which includes purchase protection cover and extended warranty cover, when they make an eligible purchase on their Revolut account (subject to eligibility criteria, limits, conditions and exclusions)
Sydney, Australia, 4 August 2025 - Revolut, the global financial app with more than 60 million customers worldwide and hundreds of thousands of business customers, has announced enhancements to its plan offerings for individuals and businesses, with the launch of two affordable plans designed to help Aussies get more for their money.
Revolut's new Plus plan for individual customers is crafted for smart spenders, offering elevated benefits such as higher exchange limits for international transactions, purchase protection and extended warranty insurance cover, and no Revolut ATM withdrawal fees up to $350 per month with no frequency limit. Plus subscribers will also receive a personalised Plus card and priority customer support, with the added benefit of being able to open up to two Revolut <18 accounts to foster healthy money habits.
In addition to the new plan tier for individuals, Revolut has partnered with Chubb, a world leader in insurance, to deliver complimentary everyday protection insurance for all retail paid plan customers. This new benefit provides purchase protection cover and extended warranty cover for eligible items bought using a Revolut account (subject to eligibility criteria, limits, conditions and exclusions). This complements existing premium perks for Premium and Metal paid plan customers, which include travel insurance, increased foreign exchange limits, access to lounge passes, and reduced fees for investments.
"The launch of our Plus plan, with its embedded everyday protection insurance, reflects our commitment to giving customers more," said Matt Baxby, CEO of Revolut Australia. "Now, they can safeguard eligible items against accidental damage or theft within 90 days of purchase, get extended warranty cover on eligible items, alongside enjoying elevated exchange limits and priority support. It's about providing essential financial tools with added confidence."
Revolut Business empowers Australian SMEs with new Basic plan
Responding to significant demand from the SME sector, Revolut Business has launched a new Basic plan specifically for sole traders and startups in Australia. Priced at just $10 per month, this plan provides access to Revolut Business’s global platform and essential financial features designed to save time and money. Business owners can access local and global account details for seamless sending, receiving, and exchanging over +30 currencies, along with the ability to add employees, issue physical or virtual cards, and simplify expense management.
Matt Baxby added, "Sole traders are the backbone of the Australian economy, and for too long, they've been underserved by traditional financial services - particularly in foreign exchange and international payments. Responding to overwhelming demand from SMEs, we're thrilled to launch a new, more accessible tier. This isn't just about a lower price; it's about empowering every sole trader and small business owner with the cutting-edge tools they need to grow, thrive, and truly take control of their finances."
More information and detailed comparisons of all benefits and comparison by plans can be found here:
About Revolut
Revolut is a global fintech, helping people get more from their money. In 2015, Revolut launched in the UK offering money transfer and exchange. Today, more than 60 million customers around the world use dozens of Revolut’s innovative products to make more than half a billion transactions a month. Across our personal and business accounts, we give customers more control over their finances and connect people seamlessly across the world.
