Revolut, how much is safe?

[Odd-no-more]

Google AI answer which gives a bit more info:
"Revolut is authorized with restrictions as a bank in the UK, but its accounts are still e-money accounts and are not covered by the Financial Services Compensation Scheme (FSCS). Revolut is currently in a "mobilization" period, which is a common regulatory stage for new banks. "

Revolut claim all deposits are held in a bank.

 

[Wombles]

Revolut claim all deposits are held in a bank.

Would hope so! However if it's not covered by FSCS (protection up to 85K) then it's not protected.

 

[BouncyBoatFolk]

I might run to 10/-,but no more.
Mike.

 

[Carpmart]

Revolut NewCo Ltd, a UK subsidiary of Revolut Group Holdings Ltd, is now a licensed UK bank.25 Jul 2024

This is not accurate. They are still an app in the process of being a bank. Caveat Emptor!