How Revolut Currency Conversion Fees Work in 2026
The Revolut Fee Calculator helps you estimate the exact cost of currency conversions based on your Revolut plan, transfer amount, and how much of your monthly free allowance you have already used.
Understanding these fees is essential for optimizing international transfers, as even small percentage differences compound significantly across multiple transactions throughout the year.
Revolut's fee model is straightforward: each plan includes a monthly free conversion allowance, and any amount exceeding that threshold is charged at 0.4% during weekday market hours.
This tiered structure rewards users who match their plan to their typical monthly conversion volume.
| Plan | Monthly Free Allowance | Monthly Cost | Best For |
|---|---|---|---|
| Standard | $1,000 | Free | Occasional small conversions |
| Plus | $3,000 | $3.99 | Regular transfers under $3,000 |
| Premium | $10,000 | $7.99 | Frequent mid-size conversions |
| Metal | $40,000 | $14.99 | High-volume business transfers |
| Ultra | Unlimited | $45.00 | Heavy FX users and professionals |
The Revolut Fee Formula Explained
The calculation follows a simple two-step process.
First, determine how much of your transfer exceeds the remaining free allowance.
Then, apply the 0.4% fee rate to that excess amount only.
remaining allowance = plan allowance - allowance already used
taxable amount = MAX(0, transfer amount - remaining allowance)
conversion fee = taxable amount x 0.004
amount received = transfer amount - conversion fee
effective rate = (conversion fee / transfer amount) x 100
For example, a Standard plan user converting $2,500 with $500 already used has $500 of free allowance remaining.
The taxable amount is $2,500 - $500 = $2,000, and the fee is $2,000 x 0.004 = $8.00.
The effective rate across the full transfer is $8.00 / $2,500 = 0.320%, lower than the nominal 0.4% because part of the transfer was free.
Choosing the Right Revolut Plan for Your Needs
Selecting the optimal Revolut plan depends on your typical monthly conversion volume.
The break-even point is where the plan's subscription cost equals the fees you would save from the higher free allowance.
Consider a user who regularly converts $5,000/month with no prior allowance used.
On the Standard plan, the taxable amount is $4,000, producing a fee of $16.00/month.
On the Plus plan ($3.99/month), the taxable amount drops to $2,000 with a $8.00 fee, for a net saving of $4.01/month.
The Premium plan at $7.99/month eliminates the fee entirely on $5,000, saving $8.01/month net.
For users converting $5,000 or more regularly in 2026, Premium is the clear winner.
Timing and Strategy for Minimizing Revolut Fees
Beyond choosing the right plan, when you convert matters.
Revolut applies a higher markup of approximately 1.0% on weekends and holidays when forex markets are closed, compared to the standard 0.4% during weekday market hours.
For the $2,000 taxable portion in our example, that difference is $20.00 on a weekend versus $8.00 on a weekday -- an extra $12.00 for identical conversion.
Batching conversions early in the month also helps.
With a full $1,000 Standard allowance available, a $2,500 transfer produces a $6.00 fee (taxable: $1,500).
But if you have already used $500, the same transfer costs $8.00 (taxable: $2,000).
Prioritizing larger conversions when your allowance resets can shave meaningful amounts off your annual FX costs.