Revolut announces its own mobile phone offer
Revolut is further expanding its offering in the non-core business. After an eSIM for data, the neobank also wants to offer its own mobile phone contract.
Revolut plans to offer its own mobile phone tariff in the course of the year.
(Image: Revolut)
Revolut plans to launch its own mobile service in Germany in the course of the year. It follows on from a data tariff with eSIM, which has been available since 2024.
Revolut: mobile contract with unlimited domestic data volume
Revolut's mobile phone offer includes unlimited data volume in Germany, as well as a flat rate for calls to all networks and text messages. The tariff also includes a roaming data volume of 40 GB for travel within the European Union and Great Britain without a fixed contract term.
When the tariff starts, Revolut customers can either activate a new mobile number or take their old one with them from their previous mobile operator. The option to take your number with you has been required by law since 2021.
Mobile phone offer integrated into Revolut app
As the British Neobank writes, the mobile offer is “deeply integrated into the Revolut app” and is said to offer “unparalleled ease of use compared to traditional network operators with an intuitive menu and in-app controls”. Revolut customers can pay for their tariff with their collected “RevPoints” if they wish. This is the bank's loyalty program that rewards customers with points for every purchase.
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The company has not yet revealed when Revolut will actually activate its mobile phone offer. It is also not yet clear which of the three German network operators will be on board as a partner. A company spokesperson told dpa that details on partners in individual countries will be announced at the product launch. “Revolut wants to offer German customers the best possible offer and optimal network coverage”.
The bank charges 12.50 euros per month for the mobile phone offer. The “introductory offer” is not limited in time. Revolut customers can already be placed on a waiting list.
Ambiguities of the offer
The conditions of the offer mentioned so far do not sound uninteresting, but the provider is holding back on details. Revolut only mentions a “high-speed” – but we do not know whether the provider means 15 Mbit/s or 300 Mbit/s. It is also unclear whether the Revolut offer operates on the 4G or 5G network, although many prepaid providers now also support 5G.
Revolut claims to have more than 50 million customers worldwide, including over 2 million in Germany. Its main competitor in Germany is N26, which had almost five million “revenue-relevant customers” at the end of 2024. Berlin-based Neobank also has a mobile offering in the works, which is due to be officially announced in May.
(afl)
