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.

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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

Account Closures

Many users report sudden account closures without warning or clear explanations, causing significant disruptions to their businesses. Approximately 10% of users seem to be affected by this issue, leading to a loss of trust in the service. "My business account was closed without any notice, causing major disruptions and no clear reason was provided."

2

Customer Support Issues

A significant number of users express frustration with the lack of effective customer support, citing slow response times and unhelpful interactions. This issue affects around 15% of users, who feel abandoned during critical situations. "Customer support is unresponsive and unhelpful, leaving me stranded during urgent issues."

3

Unexpected Fees

Users are upset about unexpected fees being charged without prior notification, particularly for plans that were initially free. This affects about 8% of users, who feel misled by the lack of transparency. "I was charged a £10 fee without any prior notice, which is unacceptable for a business account."

4

Verification Problems

Some users experience repeated issues with identity verification, causing delays and frustration during account setup. Approximately 5% of users report these verification challenges, which hinder their ability to fully utilize the app. "The verification process is buggy and keeps failing, preventing me from accessing my account."

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 is highly praised for its fast, reliable, and cost-effective international money transfers. Users appreciate the low fees, ease of use, and excellent customer service, making it a preferred choice for global transactions.

#2 RUNNER UP

Revolut Business
Revolut Business receives mixed feedback; while many users commend its user-friendly interface, versatile features, and seamless integration, others criticize its customer service and account verification process. Despite some negative experiences, it remains popular for its innovative banking solutions.

#3 Straggler

N26 Business
N26 Business garners mixed reviews, with users appreciating its easy-to-use app and fast account setup. However, many express dissatisfaction with customer service and account security issues, leading to concerns about reliability and trust.
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 is highly praised for its fast, reliable, and cost-effective international money transfers. Users appreciate the low fees, ease of use, and excellent customer service, making it a preferred choice for global transactions.
Revolut Business
#2 Runner-up
Revolut Business receives mixed feedback; while many users commend its user-friendly interface, versatile features, and seamless integration, others criticize its customer service and account verification process. Despite some negative experiences, it remains popular for its innovative banking solutions.
N26 Business
#3 Straggler
N26 Business garners mixed reviews, with users appreciating its easy-to-use app and fast account setup. However, many express dissatisfaction with customer service and account security issues, leading to concerns about reliability and trust.

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Nuggets

Major Highlights of the Week

Account Closures
Businesses face unexpected account closures without clear reasons or prior warnings, disrupting operations and causing financial strain. This lack of transparency and communication undermines trust and reliability in Revolut Business services.
Our account was closed without notice, disrupting our business and forcing us to find alternatives.
Customer Support
The customer support system is criticized for being ineffective, with users experiencing long wait times and unhelpful responses. This inadequacy in resolving issues leads to frustration and dissatisfaction among business users.
Support is unresponsive and unhelpful, leaving us without solutions for urgent issues.
Fee Transparency
Users are frustrated by unexpected fees and changes in pricing plans without adequate notification, leading to perceptions of unethical practices. This lack of transparency in billing erodes customer trust and satisfaction.
A £10 fee was added without notice, which is unacceptable for a business account.
Verification Issues
The verification process is cumbersome and often fails, causing delays in account setup and access. This inefficiency in onboarding can deter new users and complicate existing user experiences.
Verification failed multiple times, preventing me from accessing my account.
App Functionality
Frequent app crashes and login issues hinder usability, affecting business operations. These technical problems highlight the need for improved app stability and user experience.
The app crashes upon opening, making it impossible to conduct business transactions.
Payment Processing
Payment processing is unreliable, with transactions being delayed or blocked without clear reasons. This inconsistency in handling payments can severely impact business cash flow and operations.
Payments are often delayed or blocked, causing cash flow issues for our business.
Nuggets

Major Highlights of the Week

Everything you need to know about user experience
Account Closures
Businesses face unexpected account closures without clear reasons or prior warnings, disrupting operations and causing financial strain. This lack of transparency and communication undermines trust and reliability in Revolut Business services.
Customer Support
The customer support system is criticized for being ineffective, with users experiencing long wait times and unhelpful responses. This inadequacy in resolving issues leads to frustration and dissatisfaction among business users.
Fee Transparency
Users are frustrated by unexpected fees and changes in pricing plans without adequate notification, leading to perceptions of unethical practices. This lack of transparency in billing erodes customer trust and satisfaction.
Verification Issues
The verification process is cumbersome and often fails, causing delays in account setup and access. This inefficiency in onboarding can deter new users and complicate existing user experiences.
App Functionality
Frequent app crashes and login issues hinder usability, affecting business operations. These technical problems highlight the need for improved app stability and user experience.
Payment Processing
Payment processing is unreliable, with transactions being delayed or blocked without clear reasons. This inconsistency in handling payments can severely impact business cash flow and operations.

Quotes of the week

Hear from some of the most impactful users to drive changes

Revolut Business has been a nightmare. My account was closed without warning, and customer service is non-existent. I had to scramble for alternatives. Be warned: accounts can be closed without notice even for previously accepted business activities.
A Google user
The app is great for managing business finances, but the sudden introduction of a £10 monthly fee for the basic plan without proper notification is unacceptable. It feels like a forced upgrade rather than a genuine improvement.
A Google user
Revolut Business is easy to use and offers great features, but the lack of immediate human support is a major drawback. In emergencies, dealing with chatbots and slow responses is frustrating.
GRR-1974

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The quotes of the week

Hear from some of the most impactful users to drive changes
Revolut Business has been a nightmare. My account was closed without warning, and customer service is non-existent. I had to scramble for alternatives. Be warned: accounts can be closed without notice even for previously accepted business activities.
Candice Wu
App Store
The app is great for managing business finances, but the sudden introduction of a £10 monthly fee for the basic plan without proper notification is unacceptable. It feels like a forced upgrade rather than a genuine improvement.
Kelly Williams
Google Play
Revolut Business is easy to use and offers great features, but the lack of immediate human support is a major drawback. In emergencies, dealing with chatbots and slow responses is frustrating.
Koray Okumus
Google Play

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