How does Revolut keep my money safe?
How Revolut safeguards your money varies depending on the Revolut entity you're registered to. To find out which Revolut entity you're registered to:
- Tap your profile icon in the top left corner
- Scroll to the bottom of the page
- Find the name of the Revolut branch you're registered to at the very bottom of the page
Funds in your Revolut prepaid card account are held with Lead Bank, an FDIC member. If Lead Bank fails, your funds are insured up to $250,000 by the FDIC, provided your card is registered and requirements are met. See FDIC-Prepaid Cards and Deposit Insurance Coverage for details.
Fiat funds in your Pockets are also held at Lead Bank. Read more about Pockets in this FAQ.
Funds in your Savings Vault are held with Sutton Bank, an FDIC member. They’re insured up to $250,000 by the FDIC if Sutton Bank fails. FDIC insurance doesn’t cover losses from Revolut’s failure, theft, or fraud.
More about money safety
Securities are offered by Revolut Securities Inc. (FINRA/SIPC). Automated investing is offered by Revolut Wealth Inc. (SEC-registered). Investments aren’t FDIC insured, not bank deposits/guaranteed, and carry risks — including possible loss of principal.
Cash in your investment Pockets is held at Lead Bank. Cash in automated investing (Robo-Advisor) is held at DriveWealth, LLC (FINRA/SIPC). These funds aren’t bank deposits, aren’t guaranteed by any bank, and aren’t FDIC or government insured.