How we make this list: we compare pricing pages, product documentation and public user reviews. Ratings come from G2, Capterra or Trustpilot, with the date we checked them.
Key takeaways
- Wise is the simplest switch for transparent transfers, since it converts at the mid market rate and shows the full fee before you send.
- Airwallex fits businesses that hold and pay in many currencies, with local account details in more than 20 currencies and free entry pricing.
- Mercury and Relay suit US businesses that mainly need solid dollar banking with modern software, rather than multi currency features.
- None of the providers below is a bank in the US: they are financial technology companies that hold your money with partner banks, so check how deposit insurance passes through before you move large balances.
Quick comparison
| Tool | Best for | Starting price | Free plan |
|---|
 Wise | Low cost international transfers | Free | Yes |
 Airwallex | Business payments in many currencies | Free | Yes |
 Mercury | US startup and business banking | Free | Yes |
 Payoneer | Marketplace and platform payouts | Free | Yes |
 WorldFirst | Ecommerce sellers collecting abroad | Free | Yes |
 Relay | Small business banking with sub accounts | Free | Yes |
 Brex | Funded startups with global teams | Free | Yes |
 OFX | Large transfers with dealer support | See website | No |
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The best Revolut alternatives
#1Wise
Best for: Low cost international transfers4.7/5 on
G2 (11 reviews, checked Oct 2026)
Visit wise.com
Starting priceFree
Free planYes
What we like- Wise converts at the mid market exchange rate and charges a transparent fee that varies by currency, starting from roughly 0.43 percent on many routes, shown in full before you commit. A personal or business account holds more than 40 currencies, with local account details in over 20 of them so clients can pay you like a local. There is no monthly fee, and transfers are often fast on major routes.
Watch out for- Wise is a transfer and account platform, not a lender, so there are no credit products. Business accounts pay a one time setup fee in some countries, and a small fee applies to incoming USD wires. Customer support is mostly digital, and large or unusual transfers can trigger document checks that slow things down.
#2Airwallex
Best for: Business payments in many currencies4.1/5 on
G2 (55 reviews, checked Oct 2026)
Visit airwallex.com
Starting priceFree
Free planYes
What we like- Airwallex gives businesses local account details in more than 20 currencies, multi currency company cards, approval flows, and a strong payments API. Its entry plan is free in the US, with conversion fees around 0.5 percent above interbank on major currencies and 1 percent on others, well below typical bank margins. It suits companies paying suppliers and staff across borders every week.
Watch out for- Airwallex serves businesses, not personal savers, and eligibility depends on your country of incorporation, with companies accepted from a defined list of countries. Features and card availability vary by region. Pricing for higher tiers and payment acceptance varies, so confirm your exact volumes before relying on headline rates.
Starting priceFree
Free planYes
What we like- Mercury offers free US business checking and savings with no monthly fee on its core account, clean software, and perks aimed at startups and online businesses. Banking services run through partner banks, and Mercury advertises extended deposit insurance coverage through a sweep network. International wires are supported in USD, and team cards with spend controls are included.
Watch out for- Mercury is mainly a dollar account: local account details in other currencies are limited, so it is not a true multi currency wallet like Wise or Airwallex. It accepts US companies, including many with foreign founders, but not every business type or country. Cash deposits are not supported, which rules it out for cash handling businesses.
Starting priceFree
Free planYes
What we like- Payoneer is built for getting paid by marketplaces and platforms: Amazon, Fiverr, Upwork, and many others pay out through it, and it provides local receiving accounts in major currencies so platforms pay you as if you had a local bank. Accounts are free to open, conversion between balances costs from about 0.5 percent, and a prepaid card lets you spend earnings directly.
Watch out for- Fees vary a lot by region and transaction type: withdrawals and currency conversion can cost up to around 2 percent, and an annual account fee of 29.95 dollars applies if you receive under 6,000 dollars in a year. It is a payouts tool, not a general bank account, and support quality is a common complaint. Holding large savings balances there makes little sense.
Starting priceFree
Free planYes
What we like- WorldFirst, part of Ant International, lets businesses open local accounts in more than 20 currencies to collect marketplace and customer payments, with no monthly fee and no cost to receive or hold funds. Conversion fees run up to about 0.5 percent on major currencies, and it adds forward contracts of up to two years for hedging and a business card with no foreign exchange fee in 15 currencies. Marketplace integrations cover more than 130 platforms.
Watch out for- WorldFirst is a business only service, so personal users are out of scope. Some features and fees vary by region, and card rewards and fee promotions change over time. It does not offer the spending app experience consumers expect from Revolut, since it is built for sellers and finance teams.
Starting priceFree
Free planYes
What we like- Relay gives US small businesses free checking with multiple accounts for sorting money, a popular setup for profit first style budgeting, plus team debit cards with controls. Banking services are provided through its partner bank, and Relay adds bookkeeping friendly features such as receipt capture and accounting integrations. International wires are available, which many small business fintechs lack.
Watch out for- Relay is a US business bank account, not a multi currency platform, so holding and converting many currencies is limited and fees vary by currency. It has no branches and no cash deposit network beyond partner ATMs. Paid tiers add features, so check which tools sit behind the subscription before planning around them.
#7Brex
Best for: Funded startups with global teams4.8/5 on
G2 (1,643 reviews, checked Oct 2026)
Visit brex.com
Starting priceFree
Free planYes
What we like- Brex combines business accounts, corporate cards, and expense management for startups and larger companies, with no fee on its core account product. It supports global teams with cards and payments in many countries and integrates with common accounting tools. Banking services run through partner banks, and Brex advertises high yield treasury options for idle cash on paid configurations.
Watch out for- Brex targets venture backed and mid sized companies, and smaller or unincorporated businesses may not qualify. Its strengths are spend management rather than cheap personal style transfers. Product packaging has changed several times, so confirm current account terms and any yield claims directly, since treasury products are investments, not deposits.
#8
OFX
Best for: Large transfers with dealer support
Visit ofx.com
Starting priceSee website
Free planNo
What we like- OFX is a long running foreign exchange specialist for large transfers, offering phone access to currency dealers, rate alerts, and forward contracts and limit orders for managing timing risk. It supports payments to a very wide range of countries and is regulated in its operating markets. For a house purchase, emigration move, or large supplier payment, human support has real value.
Watch out for- OFX earns its money in the exchange rate margin, typically between about 0.5 and 2 percent, and does not publish a simple price list, which is why this guide marks it see website. It is a transfer service, not an everyday account with cards and an app first experience. Minimum practical transfer sizes make it a poor fit for small monthly payments.
How we chose
We compared providers on currency coverage, conversion costs, account fees, and who can actually open an account, using each provider's published fee pages and 2026 comparison reporting. We favoured transparent pricing: providers that show fees before you send rank above those that hide everything in the rate. We also checked banking status, since none of these US providers is itself a bank, and we have named that fact rather than dressing fintech accounts up as bank accounts. Prices and fees change often in this market, so confirm live figures in the app before moving money.
How to choose the right Revolut alternative
Match the tool to the money flow. If you send personal transfers, Wise's mid market rate and upfront fee display are hard to beat, and Payoneer wins only when your income arrives from marketplaces. If you run a business across borders, Airwallex and WorldFirst give you local receiving details in many currencies, which saves your customers wire fees and saves you conversion on every receipt. If your money is mostly dollars, Mercury or Relay gives you cleaner day to day banking than a travel focused app.
Then do the safety checks. Read the terms for the partner bank that holds your balance, confirm how deposit insurance passes through, and keep operating money spread sensibly if balances grow large. Test support before you need it: send a small transfer, ask a question, and see how fast a human answers. Finally, total the real cost on your own volumes: a free account with a 2 percent conversion habit costs more than a paid account at 0.5 percent once monthly volume passes a few thousand. This guide is general information, not financial advice for your situation.
Frequently asked questions
Are these apps banks?
In the United States, no. Wise, Airwallex, Mercury, Payoneer, WorldFirst, Relay, and Brex are financial technology companies that provide accounts through partner banks. Deposit insurance, where offered, is pass through cover at the partner bank, so read each provider's terms for the bank named and the limits that apply.
Which alternative has the lowest transfer fees?
Wise is usually the cheapest for straightforward transfers because it uses the mid market rate and a small, visible fee. For business volumes, Airwallex and WorldFirst quote conversion around 0.5 percent on major currencies, which beats most banks and beats Payoneer's withdrawal and conversion costs.
Can I hold many currencies in one account?
Yes. Wise holds more than 40 currencies, Airwallex and WorldFirst provide local account details in more than 20 currencies, and Payoneer covers major payout currencies. Mercury and Relay are mainly dollar accounts, so they suit US focused businesses better.
Is my money safe if a fintech fails?
Your balance sits with the partner bank, not on the fintech's own balance sheet, and pass through deposit insurance can apply if records are in order. The practical risk is access delays during a failure or account review, which is why keeping balances modest and spread across providers is sensible.
Which is best for marketplace sellers?
Payoneer and WorldFirst are built for marketplace payouts, with local receiving accounts and direct platform integrations. WorldFirst suits sellers who mainly collect and convert, while Payoneer suits freelancers and sellers paid by many different platforms.
Sources we checked (0)
Is your product missing or out of date?
We review this list regularly. Vendors can request a listing, send updated pricing or ask about featured placement.
Shihab Mia · Founder, Rankite
Shihab has 5+ years in B2B and SaaS SEO. He writes Rankite's software buying guides from pricing pages, documentation and public user reviews. More about Shihab.