Revolut Card

Revolut was originally set up to stop expensive fees on exchanging currency but has expanded beyond this and now offers prepaid debit cards, personal loans and business accounts. They claim to have saved £150m in fees for their 1.5m customers. 

You can not earn interest on Revolut cards as technically speaking, it isn't a full current account. However, you can transfer money for free in 25 currencies to banks globally with a very competitive exchange rate. The Revolut card is a prepaid debit card so you won't receive an account number or sort code but you will be able to make transactions online. 

You can receive instant updates on your phone for the spending on your account as well as manage and budget your income. Also, you can request money from people that owe you without a fee, even if they don't use the Revolut app. 

As you load up the card with the money from your bank account, your card will simply be declined if there is no balance there to use on your transaction. The standard plan is free of charge, however there may be fees depending on weekend vs weekdays, capped amounts (e.g. withdrawals), potential fees charged by partner banks etc. and the type of plan. Refer to T&Cs for full details. 

To apply for an account with Revolut, download the app or enter your mobile number on the homepage. You will need to go through some security and ID procedures and you should receive your card within a matter of days. This will cost you £5 or £12 for express delivery or free when you order the premium card.