Revolut Business vs Airwallex Business: Which is better for your business?
This article covers:
Choosing the right business account makes a big difference in how you manage your finances. We’re comparing Revolut Business and Airwallex Business, which includes their features, pricing, business card options and more, to help you decide which one works best for you.
| Revolut Business | Airwallex Business | |
|---|---|---|
| Features | Multi-currency accounts, expense management, accounting software integration, physical and virtual cards, API integration | Global multi-currency accounts, online payment acceptance, batch transfers, expense management, API integration |
| Pricing | Basic plan: $0/month; Grow: $30/month; Scale: $119/month; Enterprise: Custom pricing | No setup or monthly fees; FX margin of 0.5%–1.0%; SWIFT transfer fees of $10–$30 |
| Business Cards | Physical and virtual cards available; customisable spend controls; ATM withdrawals | Virtual cards available; physical cards for first two users free, then $15/month per additional user |
Revolut Business vs Airwallex Business: Key Features
| Revolut Business | Airwallex Business | |
|---|---|---|
| Supported Currencies | Hold and exchange 25+ currencies | Hold and exchange 20+ currencies |
| International Payments | Send money to over 150 countries with transparent fees | Send money to over 150 countries with competitive FX rates |
| Accounting Software Integration | Integrates with Xero, QuickBooks, and more | Integrates with Xero, QuickBooks, NetSuite |
| Business Debit Cards | Physical and virtual cards available; customisable spend controls | Virtual cards available; physical cards for first two users free, then $15/month per additional user |
| App | Comprehensive mobile app with real-time tracking and transaction management | Mobile app with transaction tracking and rate alerts |
Both options bring solid features to the table. Revolut Business stands out with its comprehensive multi-currency support and seamless integration with accounting software, making it ideal for businesses dealing with international transactions and requiring streamlined financial management. Airwallex Business excels in providing extensive global reach with access to numerous currencies and personalized service, suitable for businesses focusing on large international money transfers.
Revolut Business vs Airwallex Business: Pricing
| Revolut Business | Airwallex Business | |
|---|---|---|
| Account Opening Fee | None | None |
| Monthly Subscription | Basic: $0/month; Grow: $30/month; Scale: $119/month; Enterprise: Custom pricing | None |
| Currency Exchange Fees | 0.6% markup above allowance; $1,000/month at interbank rate on Basic plan | FX margin of 0.5%–1.0% |
| Money Transfer Fees | Free within plan limits; $5 per international transfer beyond allowance | No cost to 120+ countries; $10–$30 for SWIFT transfers |
| FX Fees | Interbank rate within allowance; 0.6% markup beyond | FX margin of 0.5%–1.0% |
Revolut Business offers a competitive subscription starting at $0/month for the Basic plan, while Airwallex Business has no setup or monthly fees. However, Revolut provides more favorable currency exchange terms within plan allowances, whereas Airwallex’s exchange rate margins vary based on transaction specifics. Consider your transaction volume to determine which pricing structure is more cost-effective.
Revolut Business vs Airwallex Business: Business Cards
| Revolut Business | Airwallex Business | |
|---|---|---|
| Physical Card | Available; first card per team member free; additional cards may incur delivery charges | Available; first two users free, then $15/month per additional user |
| Virtual Card | Available; free | Available; free |
| Custom Card | Available with spend controls and approvals | Available with spend controls and approvals |
| ATM Withdrawal | Available; fees may apply beyond free limits | Not specified |
Both Revolut and Airwallex offer business card functionalities. Revolut stands out with its provision of virtual cards and customisable spend controls, while Airwallex provides virtual cards and physical cards for the first two users free, then charges $15/month per additional user.
See how Instarem compares
| Instarem | |
|---|---|
| Features | Hold and exchange multiple currencies, send real-time payments, secure transactions, process up to 1,000 payments, and fund transactions seamlessly with Visa or Mastercard® credit cards |
| Pricing | No monthly fees and no fees for cross currency payments |
| Business cards | Virtual prepaid Mastercard® with FX savings and customised spending controls |
Getting started with Instarem is easy
- Click here to get a free Instarem business account
- Enter your company details
- Once approved, add beneficiary details, saved for future transfers
- Select a payment method and we’ll show you rates and fees upfront
Register with Instarem business today
Take control of your business finances with Instarem. Enjoy competitive exchange rates, streamlined payments, and fast & secure transactions.
