Airwallex vs Revolut Business
On cashback Airwallex wins (up to 1.5%); for spending abroad FX markup matters, and Airwallex does better (0.5% vs 0.6%). Neither wins across the board: weigh the points above against your use case before choosing between Airwallex and Revolut Business.
| Airwallex | Revolut Business | |
|---|---|---|
| Tier | A | A |
| Rating | ★ 4.3 | ★ 4.0 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | dedicato | dedicato · LT, GB, IE |
| Multi-currency | Yes · 23 currencies | Yes · 36 currencies |
| Outbound transfers to third-party IBANs | No | Yes |
| Utility direct billing | No | No |
| SEPA direct debit (SDD) | No | No |
| On-chain crypto withdrawal | No | Yes |
| SEPA transfer | Free | Free |
| Interest on balance | 3.45% | 3.3% |
| ATM withdrawal | not declared | not declared |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | EEA, UK, US, APAC, LATAM · 130+ countries | EEA, UK, US, APAC, LATAM · 130+ countries |
| Regulator | ASIC / AUSTRAC | Bank of Lithuania |
| Segment | B2B | B2B |
| Regions | EU/EEA, UK, US, APAC, LATAM | EU/EEA, UK, US, APAC, LATAM |
| Licences & safety | Payment Institution | Banca EU |
Frequently asked questions
Airwallex vs Revolut Business: which is better?
On cashback Airwallex wins (up to 1.5%); for spending abroad FX markup matters, and Airwallex does better (0.5% vs 0.6%). Neither wins across the board: weigh the points above against your use case before choosing between Airwallex and Revolut Business.
Which is cheaper, Airwallex or Revolut Business?
On the standard spending profile Airwallex has the lowest net annual cost: €0 versus €0 for Revolut Business.
Which offers more cashback, Airwallex or Revolut Business?
Airwallex has the highest cashback: up to 1.5%. Note the top rate often requires token staking and is subject to spending caps.
Is Airwallex custodial or self-custody?
Airwallex is custodial: funds are held by the platform, while Revolut Business is custodial.
Which is better for spending abroad?
For foreign-currency spending Airwallex wins, with the lowest FX markup: 0.5%.