Revolut vs Xoom

Struggling to choose between Revolut and Xoom? Both products offer unique advantages, making it a tough decision.

Revolut is a Online Services solution with tags like banking, currency-exchange, cryptocurrency, payments, mobile-app.

It boasts features such as Free international money transfers, Fee-free spending, Interbank exchange rates, Cryptocurrency exchange, Peer-to-peer payments, Virtual debit cards, Travel insurance, Stock trading and pros including Easy to use mobile app interface, No fees for standard account, Good exchange rates, Supports many currencies, Virtual and physical debit cards, Allows cryptocurrency trading, Offers travel insurance, Provides stock trading.

On the other hand, Xoom is a Online Services product tagged with remittance, international-money-transfer, paypal.

Its standout features include Send money abroad, Track transfers, Set up recurring transfers, Receive money, Mobile app, Available in many countries, and it shines with pros like Fast money transfers, Competitive exchange rates, Many payout options, Strong security measures, User-friendly interface, Good customer service.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Revolut

Revolut

Revolut is a financial services company that offers banking, currency exchange, cryptocurrency exchange, peer-to-peer payments, and other financial services through a mobile app. It aims to provide an alternative to traditional banks by offering free international money transfers, fee-free spending, and interbank exchange rates.

Categories:
banking currency-exchange cryptocurrency payments mobile-app

Revolut Features

  1. Free international money transfers
  2. Fee-free spending
  3. Interbank exchange rates
  4. Cryptocurrency exchange
  5. Peer-to-peer payments
  6. Virtual debit cards
  7. Travel insurance
  8. Stock trading

Pricing

  • Freemium
  • Subscription-Based

Pros

Easy to use mobile app interface

No fees for standard account

Good exchange rates

Supports many currencies

Virtual and physical debit cards

Allows cryptocurrency trading

Offers travel insurance

Provides stock trading

Cons

Limited customer service

Can freeze accounts without warning

Not a full-service bank

Higher fees for premium accounts

Cryptocurrency fees can be high

Stock trading has limited features


Xoom

Xoom

Xoom is a money transfer service owned by PayPal that allows users to securely and quickly send money abroad to recipients in over 130 countries. Xoom facilitates international money transfers through cash pickups, bank deposits, and home delivery.

Categories:
remittance international-money-transfer paypal

Xoom Features

  1. Send money abroad
  2. Track transfers
  3. Set up recurring transfers
  4. Receive money
  5. Mobile app
  6. Available in many countries

Pricing

  • Subscription-Based

Pros

Fast money transfers

Competitive exchange rates

Many payout options

Strong security measures

User-friendly interface

Good customer service

Cons

High fees compared to competitors

Account verification can take time

Limited payment methods

No option to cancel transfers