If you and your partner are trying to figure out the best way to share bills, you’ve probably come across the Revolut joint account. It’s pitched as a sleek, app-first way to pool money and split expenses — ideal for couples who want to keep things simple.
But like any financial product, it’s worth digging a little deeper. Here’s what you really get with a Revolut joint account, where it falls short, and how newer tools like Cino are offering an easier way to manage shared spending.
The Revolut joint account is designed for couples (or two people) who both already use Revolut. It gives you a shared space to manage bills like rent, groceries, and travel, separate from your personal accounts.
You each get your own card linked to the joint account, and both people can see every transaction as it happens — so there’s no mystery about who paid for what.
Sounds good so far, right? Let’s break down the pros and cons.
1. Real-time transparency
Both partners can see every payment instantly in the Revolut app. It’s a great way to stay on the same page with spending — and avoid those awkward “who bought what?” conversations.
2. Built-in budgeting tools
Revolut comes with features like “Pockets” to help you categorise expenses. You can track bills, set budgets, and see where your money’s going at a glance.
3. Digital-first setup
No branch visits, no paperwork. You can set everything up in a few taps, and both people get a physical or virtual card to use straight away.
4. Travel-friendly (mostly)
Revolut supports multi-currency spending, and you can use it abroad without FX fees — as long as you stay within your monthly free limit. That’s handy if you travel together regularly.
1. You both have to be with Revolut
You can’t open a Revolut joint account unless both people already have Revolut personal accounts and live in the same country. So if your partner banks elsewhere, one of you will need to switch — just to share expenses.
2. Shared liability
Once the account is open, you’re both equally responsible for the money in it. Even if one person contributes more, legally everything is owned 50/50.
3. FX fees beyond your limit
While Revolut offers great travel perks, the fee-free spending cap can catch you out. Go over the limit, and you’ll start paying FX markups or withdrawal fees.
4. Not fully protected like a high-street bank
Revolut operates under an e-money licence in the UK, not a traditional bank licence — which means your money isn’t protected by the FSCS in the same way a high-street joint account would be.
5. Limited flexibility
You can’t schedule automatic transfers between personal and joint accounts, and Revolut only allows one joint account per pair of users.
Revolut’s joint account can work well if you:
It’s a neat solution if you’re already in the Revolut ecosystem.
You might want to look elsewhere if:
If you like the idea of sharing expenses but don’t want to open another bank account, Cino is a much easier option.
With Cino, you and your partner:
No admin, no limits, no stress. You don’t have to pool funds, calculate who owes what, or chase transfers. Cino handles it all automatically.
The Revolut joint account is a solid choice for couples who already bank with Revolut and don’t mind sharing a single account. It’s clean, digital, and transparent — but it’s also restrictive.
If you want more flexibility, Cino is the smarter joint account alternative. It gives you the freedom to share expenses without merging finances, pay abroad with no fees, and track everything automatically.
It’s the easiest way to split bills fairly — no switching banks required.
Download Cino — the effortless alternative to a Revolut joint account.
The Revolut joint account is a solid product for couples already committed to the Revolut ecosystem and willing to pool finances. Its transparency, budgeting tools and overseas features are strong. But it’s not without trade-offs — both account holders must be on Revolut, you take on joint liability, and fee-free limits outdoors can shrink the advantage.
If you prefer flexibility, want to keep separate accounts, or don’t want to switch banks just to share costs, Cino offers a compelling joint account alternative. You gain automatic bill splitting, full transparency, no hidden overseas fees and you each retain your individual bank accounts.
For many modern couples, that balance of independence + collaboration is exactly what shared finances should feel like.
Download Cino — the joint account alternative for today’s way of sharing money.
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