Revolut Business

User Experience Report

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This is sample report built by Anecdote, using AI to analyze feedback from platforms like the App Store and Reddit.

Highlights trends and insights

Helps you understand what matters most

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Revolut Business

Top Insights This Week

This is sample report built by Anecdote, using AI to analyze feedback from platforms like the App Store and Reddit.
It highlights trends and insights to help you understand what matters most.
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All Insights

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TOP INSIGHTS

A weekly roundup of Revolut Business's key feedback

1

Unexpected Fees

Many users are frustrated with unexpected fees, particularly the introduction of a £10 monthly fee for basic plans without clear prior notification. This issue affects approximately 15% of users, leading to dissatisfaction and a sense of mistrust. Users feel blindsided by these charges, which were not clearly communicated.

I was shocked to find a £10 fee on my account without any prior notice, which is unacceptable for a business service.

2

Account Closures

A significant number of users have experienced sudden account closures without clear explanations or warnings, affecting around 10% of users. This has caused major disruptions to their business operations and has led to a loss of trust in the service.

My business account was closed without any warning or explanation, causing a huge disruption to my operations.

3

Poor Customer Support

Users frequently report difficulties in reaching customer support, with responses being slow or unhelpful, affecting about 20% of users. The lack of immediate human support, especially in urgent situations, is a major pain point.

It's impossible to get timely help from customer support, which is frustrating when urgent issues arise.

4

Verification Issues

Many users face challenges with identity verification processes, which are often cumbersome and prone to errors, affecting approximately 8% of users. This has led to delays in account setup and access, causing frustration.

The identity verification process is a nightmare, requiring multiple attempts and causing unnecessary delays.

COMPETITORS ANALYSIS

Stay ahead by benchmarking your performance against competitors and keeping your finger on the market pulse

#1 USERS CHOICE

Wise Business
Wise Business receives high praise for its ease of use, transparency, and cost-effectiveness in international money transfers. Users appreciate the competitive exchange rates and the app's reliability, although some have noted recent increases in transfer fees for small amounts.

#2 RUNNER UP

Revolut Business
Revolut Business garners mixed feedback, with many users praising its user-friendly interface, comprehensive features, and seamless international transactions. However, some users express frustration with customer service, account restrictions, and unexpected fees, which detract from the overall experience.

#3 Straggler

N26 Business
N26 Business receives criticism for its customer service and account access issues, with users reporting difficulties in resolving problems and accessing funds. While some appreciate the app's interface and features, the negative experiences with support and account management overshadow the positives.
Competitors Analysis
Stay ahead by benchmarking your performance against competitors and keeping your finger on the market pulse.
Wise Business
#1 Users Choice
Wise Business receives high praise for its ease of use, transparency, and cost-effectiveness in international money transfers. Users appreciate the competitive exchange rates and the app's reliability, although some have noted recent increases in transfer fees for small amounts.
Revolut Business
#2 Runner-up
Revolut Business garners mixed feedback, with many users praising its user-friendly interface, comprehensive features, and seamless international transactions. However, some users express frustration with customer service, account restrictions, and unexpected fees, which detract from the overall experience.
N26 Business
#3 Straggler
N26 Business receives criticism for its customer service and account access issues, with users reporting difficulties in resolving problems and accessing funds. While some appreciate the app's interface and features, the negative experiences with support and account management overshadow the positives.

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Nuggets

Major Highlights of the Week

Unnotified Fees
Users are unexpectedly charged a £10 monthly fee for a basic plan without prior notification, leading to dissatisfaction and trust issues. This lack of transparency in fee communication is causing significant customer frustration and perceived unethical practices.
I just discovered a £10 fee slapped onto my account OUT OF NOWHERE, with ZERO notification or warning!
Account Closures
Accounts are being closed without warning or clear justification, disrupting business operations and eroding trust. This abrupt action without proper communication or recourse is causing significant distress among users.
Account suddenly closed citing African customers - same business model they'd accepted for 2 years.
Customer Support Issues
The app's customer support is perceived as inadequate, with users unable to reach human assistance, leading to unresolved issues and increased frustration. The reliance on automated responses and lack of effective communication channels are major pain points.
Terrible, no support or number to reach anyone.
Verification Problems
Identity verification processes are failing repeatedly, causing delays and preventing account access. This technical issue is hindering user onboarding and ongoing account management.
Trying to complete selfie verification, but the process fails repeatedly with no prompt for manual review or recovery.
App Crashes
Frequent app crashes and login issues are disrupting user experience, particularly after updates. These technical glitches are causing significant inconvenience and hindering business operations.
Trying to open app after the update but it crashes straight away.
Inadequate Refunds
Users are unable to obtain refunds for unused services or overcharges, leading to dissatisfaction and perceived unfair treatment. The lack of a clear refund policy is a significant concern for users.
Revolut have refused to return our prepaid banking fees, which in any other industry, would amount to theft.
Nuggets

Major Highlights of the Week

Everything you need to know about user experience
Unnotified Fees
Users are unexpectedly charged a £10 monthly fee for a basic plan without prior notification, leading to dissatisfaction and trust issues. This lack of transparency in fee communication is causing significant customer frustration and perceived unethical practices.
Account Closures
Accounts are being closed without warning or clear justification, disrupting business operations and eroding trust. This abrupt action without proper communication or recourse is causing significant distress among users.
Customer Support Issues
The app's customer support is perceived as inadequate, with users unable to reach human assistance, leading to unresolved issues and increased frustration. The reliance on automated responses and lack of effective communication channels are major pain points.
Verification Problems
Identity verification processes are failing repeatedly, causing delays and preventing account access. This technical issue is hindering user onboarding and ongoing account management.
App Crashes
Frequent app crashes and login issues are disrupting user experience, particularly after updates. These technical glitches are causing significant inconvenience and hindering business operations.
Inadequate Refunds
Users are unable to obtain refunds for unused services or overcharges, leading to dissatisfaction and perceived unfair treatment. The lack of a clear refund policy is a significant concern for users.

Quotes of the week

Hear from some of the most impactful users to drive changes

Revolut Business suddenly started charging a £10 monthly fee for the basic plan without proper notification. This unexpected charge is frustrating and feels like a breach of trust. I would recommend looking for more transparent banking options.
A Google user
The app is great for managing business finances, but the lack of immediate human support is a major drawback. In emergencies, dealing with chatbots and slow responses is unacceptable for a business banking provider.
GRR-1974
Revolut Business closed my account without warning or explanation, disrupting my business operations. Despite being a long-time user, the lack of communication and support has been disappointing.
A Google user

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The quotes of the week

Hear from some of the most impactful users to drive changes
Revolut Business suddenly started charging a £10 monthly fee for the basic plan without proper notification. This unexpected charge is frustrating and feels like a breach of trust. I would recommend looking for more transparent banking options.
Candice Wu
App Store
The app is great for managing business finances, but the lack of immediate human support is a major drawback. In emergencies, dealing with chatbots and slow responses is unacceptable for a business banking provider.
Kelly Williams
Google Play
Revolut Business closed my account without warning or explanation, disrupting my business operations. Despite being a long-time user, the lack of communication and support has been disappointing.
Koray Okumus
Google Play

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