What happens to the money in my Revolut account?

If you downgrade to Standard, your balance remains fully accessible. If you close your account, you must transfer or withdraw all funds beforehand — Revolut will reject the closure request if you have a remaining balance.

Will my recurring payments or standing orders be affected?

Downgrading to Standard does not cancel any connected payments, but some premium payment features may become unavailable. If you close your account entirely, all linked recurring payments will fail and you should update them with a new payment method first.

Can I reopen my Revolut account after closing it?

Yes — you can re-register with the same phone number or email address after closing your account, though any previous account history and card details will not be restored.

How to Cancel Revolut

from $0.00/month

EasyYou save $149.99/year by cancelling

Estimated Time:5 minutes

Cancel Method:App

Open the Revolut app

Launch the Revolut app on your smartphone and make sure you are logged in to your account.

Go to your Profile

Tap your profile icon or avatar in the top-left corner of the screen to access your account settings.

Select your Plan

Tap on 'Plan' to view your current subscription tier (Plus, Premium, Metal, or Ultra).

Downgrade to Standard (free)

Tap 'Change plan' and select the Standard plan, which is completely free. This cancels any paid subscription while keeping your account active.

Close account (optional)

If you want to fully close your account instead, go to Profile → Settings → scroll down → 'Close account'. Ensure your balance is zero and all cards are frozen before confirming.

Retention Tips

We understand you're thinking about leaving. Before you go, did you know the Standard plan is completely free? You'll keep your Revolut card, international transfers, and currency exchange — all at no cost. If your concern is the monthly fee, downgrading to Standard lets you keep the account without paying anything. Would you like to switch to the free plan instead of closing?