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

Account Access Issues

A significant number of users face difficulties accessing their accounts, especially during urgent situations like phone theft or account reviews. Approximately 10% of users report being stuck in loops or unable to access their accounts, leading to frustration and trust issues. Example: 'After my phone was stolen, I couldn't access my account and was stuck in a registration loop with no immediate support.'

After my phone was stolen, I couldn't access my account and was stuck in a registration loop with no immediate support.

2

Customer Support Delays

Many users express dissatisfaction with the slow and unhelpful customer support, especially during critical incidents. Around 15% of users report receiving only automated responses or facing long wait times for resolution. Example: 'Revolut's lack of human contact for urgent issues is unacceptable, especially when handling client funds.'

Revolut's lack of human contact for urgent issues is unacceptable, especially when handling client funds.

3

Account Freezing

Users are frustrated with accounts being frozen without notice, impacting their business operations. Approximately 8% of users have experienced unexpected account holds, causing significant business disruptions. Example: 'My account was held for review without notice, causing payment issues for my suppliers.'

My account was held for review without notice, causing payment issues for my suppliers.

4

Unjustified Fees

Some users are unhappy with unexpected fees and changes in plan costs without consent. About 5% of users report being charged for services they did not agree to, leading to dissatisfaction. Example: 'My basic plan was changed to £10 a month without my consent, and I was refused a refund.'

My basic plan was changed to £10 a month without my consent, and I was refused a refund.

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 efficiency in handling international transactions, offering competitive exchange rates, and providing a seamless user experience. Users appreciate the cost savings and speed of transfers, making it a preferred choice for foreign transactions.

#2 RUNNER UP

Revolut Business
Revolut Business receives mixed feedback, with users appreciating its ease of use, innovative features, and efficiency in managing business finances. However, there are significant concerns about customer service, account suspensions, and unexpected fees, which have led to frustration and distrust among some users.

#3 Straggler

Monzo Business
Monzo Business is well-regarded for its user-friendly interface, innovative features like early access to funds, and strong customer service. However, some users have experienced issues with account closures and customer support, which have affected their overall satisfaction.
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 efficiency in handling international transactions, offering competitive exchange rates, and providing a seamless user experience. Users appreciate the cost savings and speed of transfers, making it a preferred choice for foreign transactions.
Revolut Business
#2 Runner-up
Revolut Business receives mixed feedback, with users appreciating its ease of use, innovative features, and efficiency in managing business finances. However, there are significant concerns about customer service, account suspensions, and unexpected fees, which have led to frustration and distrust among some users.
Monzo Business
#3 Straggler
Monzo Business is well-regarded for its user-friendly interface, innovative features like early access to funds, and strong customer service. However, some users have experienced issues with account closures and customer support, which have affected their overall satisfaction.

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Nuggets

Major Highlights of the Week

Account Access Issues
Users face significant challenges accessing their accounts after security incidents, with no immediate support available, leading to prolonged account lockouts and business disruptions. This lack of responsive customer service during critical times undermines trust in the platform's reliability.
After my phone was stolen, I was stuck in a 'Register your business' loop with no access to my account for days.
Unexpected Account Holds
Accounts are being held for review without prior notice, causing severe disruptions in business operations and financial losses. The lack of communication and transparency during these holds exacerbates user frustration and operational challenges.
Revolut held my account for review without notice, leaving me unable to pay suppliers.
Inadequate Customer Support
The customer support system is perceived as ineffective, with users receiving automated responses and no resolution to urgent issues. This lack of human interaction and problem-solving capability is a major pain point for business users.
Chat support is useless, providing no information or time frame for account suspension resolution.
Unjustified Account Closures
Accounts are being closed without explanation or refund of prepaid fees, leaving businesses without banking services and financial restitution. This practice raises concerns about the platform's stability and fairness.
Our account was closed without apology or refund of our prepaid fees, forcing us to file a formal complaint.
Identity Verification Failures
The identity verification process is unreliable, leading to lost funds and unauthorized plan changes without user consent. This undermines confidence in the platform's security and billing practices.
Identity verification failed, resulting in lost funds and unauthorized plan changes.
Intrusive Notifications
Users are frustrated by persistent pop-ups and notifications, especially when they have disabled them, impacting the user experience negatively. This issue detracts from the app's usability and user satisfaction.
I receive pop-ups every time I log in, despite turning off notifications.
Nuggets

Major Highlights of the Week

Everything you need to know about user experience
Account Access Issues
Users face significant challenges accessing their accounts after security incidents, with no immediate support available, leading to prolonged account lockouts and business disruptions. This lack of responsive customer service during critical times undermines trust in the platform's reliability.
Unexpected Account Holds
Accounts are being held for review without prior notice, causing severe disruptions in business operations and financial losses. The lack of communication and transparency during these holds exacerbates user frustration and operational challenges.
Inadequate Customer Support
The customer support system is perceived as ineffective, with users receiving automated responses and no resolution to urgent issues. This lack of human interaction and problem-solving capability is a major pain point for business users.
Unjustified Account Closures
Accounts are being closed without explanation or refund of prepaid fees, leaving businesses without banking services and financial restitution. This practice raises concerns about the platform's stability and fairness.
Identity Verification Failures
The identity verification process is unreliable, leading to lost funds and unauthorized plan changes without user consent. This undermines confidence in the platform's security and billing practices.
Intrusive Notifications
Users are frustrated by persistent pop-ups and notifications, especially when they have disabled them, impacting the user experience negatively. This issue detracts from the app's usability and user satisfaction.

Quotes of the week

Hear from some of the most impactful users to drive changes

I run a business and my phone was stolen over the weekend. I immediately reported it, disabled Apple Pay, and tried to log in to my Revolut Business account — only to get stuck in a 'Register your business' loop. There’s no phone number, no web login, and their only 'support' is an automated email promising a response in 48 hours. This experience has completely destroyed my trust in Revolut.
Lond-NP
My account suddenly underwent a review without prior notice, and when I asked for the reason, they just passed me to a different agent. This has caused my company a lot of loss and made me feel depressed and upset.
Shahindb
We are a long standing UK business who opened an account with Revolut last year, paying £360 in annual fees (in advance). All good for ten months, then out of the blue, a notice of account closure. No apology, nothing. I appealed, they refused to acknowledge. They also refused to offer the unused portion of our prepaid fees.
Cjh26

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The quotes of the week

Hear from some of the most impactful users to drive changes
I run a business and my phone was stolen over the weekend. I immediately reported it, disabled Apple Pay, and tried to log in to my Revolut Business account — only to get stuck in a 'Register your business' loop. There’s no phone number, no web login, and their only 'support' is an automated email promising a response in 48 hours. This experience has completely destroyed my trust in Revolut.
Candice Wu
App Store
My account suddenly underwent a review without prior notice, and when I asked for the reason, they just passed me to a different agent. This has caused my company a lot of loss and made me feel depressed and upset.
Kelly Williams
Google Play
We are a long standing UK business who opened an account with Revolut last year, paying £360 in annual fees (in advance). All good for ten months, then out of the blue, a notice of account closure. No apology, nothing. I appealed, they refused to acknowledge. They also refused to offer the unused portion of our prepaid fees.
Koray Okumus
Google Play

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