Revolut in Belgium: Which Plan Should You Choose?

Revolut has over 50 million customers across Europe and has become the most visible neobank in Belgium. Five plans from €0 to €70/month, promises of free currency exchange and travel insurance. The question is which plan actually delivers value. This guide reviews the pricing, the limits and the cases where a traditional Belgian bank still wins, based on official Revolut Belgium data.

How Much Do the 5 Revolut Plans Cost in Belgium?

Pricing ranges from free to €70/month. Here's the grid as of June 2026, before the announced July increase.

Important detail: on 7 May 2026, Revolut emailed Belgian customers announcing a price change from 9 July 2026. Premium will rise to €10.99/month (+€1), Metal to €18.99 (+€1). Ultra, conversely, drops from €70 to €60. Standard and Plus stay the same.

How Does the Revolut Card Work Day-to-Day in Belgium?

The Revolut card is a debit card, not a credit card. You spend money that's already in your account — there's no credit line or deferred billing. This matters in two specific situations: car rental deposits (Hertz and Europcar require a traditional credit card) and hotel guarantee holds.

In practice, the card runs on Mastercard or Visa, chosen at order time. Apple Pay and Google Pay are supported. However, Revolut does not support Bancontact. At small Belgian shops, markets or older payment terminals that only take Bancontact, the card won't work. I've kept my Argenta card for these situations.

Another point worth knowing: the IBAN is Lithuanian (starts with LT, not BE). I tested direct debits in spring 2025. Proximus, Engie and my health insurance accepted the LT IBAN without issues. Two employers and a car leasing service, however, insisted on a Belgian IBAN. SEPA Regulation 260/2012 prohibits such refusals, but the administrative battle isn't always worth fighting.

What Are the Real FX and Withdrawal Fees?

Weekday currency exchange is at 0% markup on Premium, Metal and Ultra plans, with no cap. On Standard, the free allowance stops at €1,000/month; beyond that, Revolut charges 1%. On weekends, an additional markup applies: 1% on Standard, 0.5% on Plus, nothing from Premium upward.

What this means for you: a €200 purchase in Czech koruna in Prague on a Tuesday costs nothing in FX on Standard. The same purchase at ING costs €4 (2% markup), at BNP Paribas Fortis or KBC €3.20 (1.6%). Over a year with 3 trips and €1,500 spent outside the eurozone, the saving reaches €24 to €30 depending on your Belgian bank.

ATM withdrawals are less generous. Standard gives €200 or 5 free withdrawals per month, then charges 2% beyond that. Even Metal at €800/month can't match a standard Belgian debit card, where eurozone withdrawals are typically free and unlimited. Revolut is a card for paying, not for withdrawing cash.

What If I Exceed the FX Cap on a Weekend?

Fees stack up fast. On €500 exchanged on a Saturday on Standard, the weekend markup (1%) costs €5. If you've already hit the monthly €1,000 cap, add another 1%, totalling €10. Premium eliminates both charges. For a holiday concentrated over a long weekend, the free plan can end up costing more than one month of Premium at €9.99.

Should You Choose Revolut Travel Insurance Over a Belgian Gold Card?

Travel insurance starts at the Premium plan. It covers overseas medical expenses up to €1,000,000/year, trip and event cancellation, car rental excess, winter sports, lost or damaged luggage, and personal liability up to €1,000,000.

ING's Gold Mastercard (€51/year) covers cancellation up to €6,000, travel accident up to €200,000 and purchase protection up to €4,000 over 200 days, but not overseas medical costs. KBC's Travel Pack (€84/year) covers cancellation up to €10,000 and rental excess up to €2,500.

Revolut Premium costs €119.88/year, more than either option. The difference: overseas medical cover, absent from Belgian Gold cards, and personal liability. For a couple taking 3 to 4 European weekends per year, the medical cover alone justifies the premium. For a single eurozone trip, a one-off travel insurance policy at €15–20 remains cheaper.

Is Revolut's Deposit Guarantee Reliable?

Revolut Bank UAB holds a banking licence from the European Central Bank and is regulated by the Bank of Lithuania. In Belgium, the branch (BE0784.549.658, Brussels RPM) is partly supervised by the NBB and the FSMA.

Deposits are protected up to €100,000 through the Lithuanian deposit guarantee scheme (Indėlių ir investicijų draudimas), under EU Directive 2014/49/EU. That's the same cap and the same 7-working-day reimbursement deadline as the Belgian Guarantee Fund. In case of failure, the process would go through Lithuania rather than the FSMA, but no customer of a covered European bank has lost a deposit below this threshold since the directive came into force.

Which Revolut Plan Should You Choose Based on Your Profile?

The free Standard covers 80% of everyday needs: online payments, in-store purchases, limited FX on holiday. If you spend less than €1,000 outside the eurozone per month and travel only once or twice a year, there's no reason to pay more.

Plus at €3.99/month adds purchase protection and raises the FX cap to €3,000. It makes sense if you buy regularly online and want a safety net on your orders.

Premium at €9.99/month pays for itself from 3 trips outside the eurozone per year. Unlimited FX, €1,000,000 medical insurance and lounge access make it the best coverage-to-price ratio. It's the plan I recommend for regular travellers based in Belgium.

Metal at €17.99/month targets frequent flyers who use the eSIM data, lounges and 0.8% cashback. Without at least 5 to 6 trips per year, the €8/month gap with Premium isn't justified.

Ultra at €70/month (€60 from July 2026) serves a niche audience. Unlimited lounges, 5 GB of global data, Trading Pro. Few Belgian profiles will recoup €840/year on these perks. For a direct comparison with N26, see our Revolut vs N26 in Belgium.

FAQ

Answers to the most common questions about Revolut in Belgium are listed below.