
Revolut is a financial app that launched in 2015 and now has over 11 million UK customers. It offers current accounts, debit cards, budgeting tools, fee-free spending abroad, savings, stocks and crypto, all managed from one app.
In March 2026 Revolut became a fully licensed UK bank (Revolut Bank UK Ltd), regulated by the FCA and PRA, and is rolling out FSCS-protected bank accounts to customers in stages.
This is one of the easiest £20s going. Revolut is giving new customers £20 free cash just for opening an account and making one small purchase on your card. Even £1 on your usual shopping counts.
You need to start at TopCashback so your reward tracks, then click through to Revolut and sign up. The £20 comes straight from Revolut and usually lands within 3 business days of your spend.
Quick heads-up: during signup Revolut may offer you a free trial of one of its paid plans. You do not need a paid plan for the £20, so feel free to skip it, or cancel before the trial ends if you do try it.
Grab your free £20 first, then have a read of the full review below to see what else Revolut can do.
Done? Tick off each step above to see your total.
Completed the offer? Awesome! Here's our full review on why Revolut could work well for you going forward.
Updated:
Revolut is giving new UK customers £20 free cash when you sign up through TopCashback, top up, and spend £1 on your card. The £20 comes from Revolut and lands within 3 business days. Revolut became a fully licensed UK bank in March 2026 with FSCS protection rolling out. The free plan is fine for claiming the offer.
Customers
13m
UK accounts
Founded
2015
11 years old
App Store
4.7 ★
40k reviews
Google Play
4.7 ★
4.0m reviews
For a free £20, Revolut is one of the easiest "yes" answers on the site. You are opening an account with a major, now fully licensed UK bank, and the whole thing takes about ten minutes plus a single small purchase.
But honestly, the £20 is the least exciting bit. Revolut is one of my favourite financial apps full stop. Spending abroad is fee-free and effortless, the budgeting tools actually help you spend less, and the free plan covers most of what you need without paying a penny. I use it as a permanent secondary account: brilliant for travel, online spending and anything I want to keep separate from my main bank. Grab the £20, have a proper play with the app, and I suspect you will keep it for the long haul like I have.
Revolut Bank UK Ltd is authorised by the Prudential Regulation Authority and regulated by the FCA and PRA (FRN 981170). Eligible deposits held with Revolut Bank UK Ltd are FSCS-protected up to £120,000 per person. Some balances remain e-money (safeguarded by Revolut Ltd, FRN 900562) during the phased migration.