Revolut

Revolut Mexico is a fully digital bank app that lets you hold, spend, save, and invest money in multiple currencies, now operating locally with a Mexican banking license and deposit protection. It targets users who want an all‑in‑one financial super‑app (account, cards, credit, FX, and more) managed entirely from their phone.

Regulatory status in Mexico

• Revolut obtained authorization from the CNBV to operate as a multiple‑service bank in Mexico, which makes it a locally regulated institution rather than just a foreign fintech.​
• This license allows Revolut to offer standard banking services and to have its deposits covered by Mexico’s deposit insurance scheme (IPAB), up to the legal limit per customer.​

Main products in Mexico

• Bank account: A digital peso account (basic and salary accounts) with no minimum balance, no monthly fees on the Standard plan, and free everyday operations.​
• Debit card: A physical and virtual card linked to your Revolut account for in‑store and online payments, with rewards points on purchases.​
• Savings account: Interest‑bearing savings with no deposit limit and daily access to funds, designed to compete with local high‑yield digital accounts.​

Card and credit features

• Credit card: Revolut started rolling out a credit card in beta in Mexico, offering reward points and, at mass launch, different tiers (one free and paid premium tiers) with lifestyle perks.
• Premium tiers can include benefits such as insurance packages, airport lounge access, and bundled subscriptions (e.g., streaming or digital services), for a monthly fee.​

FX, multi‑currency, and global use

• The app supports more than 25–30 currencies, allowing you to exchange money at competitive rates and use the same card when traveling without separate bank accounts.
• Revolut’s global platform (over 65 million customers in 150+ countries) is designed for people who travel, pay, or get paid across borders, combining local Mexican banking with its established international features.