Revolut Technologies INC. -- Consumer Complaint Report & Risk Analysis

Account Management and Transaction Issues Persist

Complaint Summary

Revolut Technologies INC. has received 61 consumer complaints filed with the CFPB across 5 products. The most common issues reported are managing an account, closing an account, fraud or scam. Complaints span 25 states, with California and Texas leading in complaint volume.

Company Overview

Company: Revolut Technologies INC.

Total CFPB Complaints: 61

AI Risk Score: 45/100

Most Recent Complaint: 2022-10-21T12:00:00-05:00

Risk Breakdown

  • Complaint Volume: medium
  • Response Quality: fair
  • Issue Recurrence: medium
  • Consumer Harm Severity: low

AI Company Analysis

Revolut Technologies Inc. has 61 consumer complaints on file with the CFPB. Challenges in managing and closing accounts. Issues with transactions and card usage.

Response Quality Assessment

fair

Top Consumer Issues

Difficulties in managing and closing accounts -- Severity: medium

Red Flags

  • Multiple complaints about unauthorized transactions.

Green Flags

  • Positive feedback on money transfer services.

Consumer Tips & Advice

Consumers should be cautious when managing and closing accounts.

Complaint Trend Analysis

Trends show a steady increase in complaints related to account management and transactions.

Regulatory History

Regulatory history indicates ongoing scrutiny of account management practices.

Industry Context

The industry context highlights growing competition and regulatory pressure on financial services.

Frequently Asked Questions About Revolut Technologies INC.

How many CFPB complaints does Revolut Technologies Inc. have?

Revolut Technologies Inc. has 61 complaints on file with the CFPB. The most recent complaint was filed on October 21, 2022.

What is Revolut Technologies Inc.'s complaint response rate?

Response rate data is not yet available for Revolut Technologies Inc..

Does Revolut Technologies Inc. respond to complaints on time?

Timely response data is not yet available for Revolut Technologies Inc..

Is Revolut Technologies Inc. safe to do business with?

Account Management and Transaction Issues Persist Revolut Technologies Inc. has 61 CFPB complaints. Risk score: 45/100.

What red flags exist for Revolut Technologies Inc.?

Potential red flags for Revolut Technologies Inc.: Multiple complaints about unauthorized transactions.. These are based on analysis of CFPB complaint patterns.

What are Revolut Technologies Inc.'s strengths?

Positive indicators for Revolut Technologies Inc.: Positive feedback on money transfer services..

What tips should consumers know about Revolut Technologies Inc.?

Consumers should be cautious when managing and closing accounts.

Are complaints against Revolut Technologies Inc. increasing or decreasing?

Trends show a steady increase in complaints related to account management and transactions. Revolut Technologies Inc. currently has 61 total complaints.

Has Revolut Technologies Inc. faced regulatory action?

Regulatory history indicates ongoing scrutiny of account management practices.

How does Revolut Technologies Inc. compare to industry peers?

The industry context highlights growing competition and regulatory pressure on financial services.

What unique insight can be drawn from the complaint data?

The data suggests that while some services like money transfers are well-received, there are significant issues with account management and unauthorized transactions, indicating a need for improved customer support and security measures.

Recent Complaints Against Revolut Technologies INC.

Complaint IDProductIssueDate ReceivedCompany ResponseState
#20356457Checking or savings accountManaging an account2026-03-17T12:00:00-05:00California
#19334490Money transfer, virtual currency, or money serviceUnauthorized transactions or other transaction problem2026-02-07T12:00:00-05:00Florida
#18101199Checking or savings accountManaging an account2025-12-02T12:00:00-05:00Virginia
#17912583Checking or savings accountManaging an account2025-11-27T12:00:00-05:00Delaware
#18075996Checking or savings accountClosing an account2025-10-22T12:00:00-05:00Texas
#16677078Checking or savings accountManaging an account2025-10-18T12:00:00-05:00Ohio
#15914384Checking or savings accountClosing an account2025-09-12T12:00:00-05:00New Jersey
#14344082Money transfer, virtual currency, or money serviceOther transaction problem2025-06-27T12:00:00-05:00Alabama
#13963952Checking or savings accountManaging an account2025-06-08T12:00:00-05:00Illinois
#12063096Money transfer, virtual currency, or money serviceUnexpected or other fees2025-02-11T12:00:00-05:00
#10744321Checking or savings accountProblem with a lender or other company charging your account2024-11-09T12:00:00-05:00Colorado
#10313165Prepaid cardTrouble using the card2024-10-01T12:00:00-05:00Delaware
#9020434Money transfer, virtual currency, or money serviceOther transaction problem2024-05-15T12:00:00-05:00Georgia
#8415134Credit cardProblem with a purchase shown on your statement2024-02-24T12:00:00-05:00
#8164908Checking or savings accountManaging an account2024-01-16T12:00:00-05:00Virginia
#8083422Money transfer, virtual currency, or money serviceManaging, opening, or closing your mobile wallet account2023-12-30T12:00:00-05:00New York
#7841604Checking or savings accountManaging an account2023-11-12T12:00:00-05:00Maryland
#7841405Checking or savings accountManaging an account2023-11-12T12:00:00-05:00Washington
#7738284Checking or savings accountClosing an account2023-10-21T12:00:00-05:00California
#7282424Credit card or prepaid cardTrouble using the card2023-07-20T12:00:00-05:00District of Columbia

Revolut Technologies INC. Complaints by State

Revolut Technologies INC. Complaints by Product

Revolut Technologies INC. Complaints by Issue

Disclaimer

This analysis is based on CFPB complaint data and AI interpretation.

About This Report

This consumer complaint report for Revolut Technologies INC. is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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