Revolut and Skrill both let you hold and move money in an app, but they price currency exchange very differently. Revolut uses its own variable rate and may add a fee once a plan limit is used. Skrill is a digital wallet whose official foreign-exchange fee can reach 3.99%; the site comparison uses a representative 3% model.
On a $1,000 dollar-to-euro conversion on a weekday, Revolut on its free plan costs about $1.00, while the site's Skrill screening model costs about $30.00. Revolut is cheaper by a wide margin in this example. Check the country-specific Revolut plan and the final Skrill transaction path before acting.
Revolut is much cheaper in the site's weekday examples. Skrill may still be the relevant product when both people already use its wallet or an online merchant accepts it. If the job is an international bank payment, compare Revolut with a transfer specialist as well; a wallet-to-wallet product and a bank transfer do not always have the same funding, payout or withdrawal costs.
Revolut's exact plan is country-specific. The examples below use the representative US fallback stored by the site because the sender country is unknown. The fair-use limit is the amount a plan lets you exchange before an extra fee applies, and prior exchanges during that plan period can reduce what remains.
How Revolut charges
This site's representative Revolut model uses a small spread on major pairs, a roughly US$1,450 Standard allowance, and 0.5% on the excess. It is a fallback scenario, not a universal plan: country-specific allowances, overage terms, paid-plan prices, and availability differ.
The table uses a weekday-style scenario and intentionally excludes weekend adjustments. Revolut allowances, overage fees, and out-of-market-hours pricing vary by country and plan; check the terms and remaining allowance shown in your app.
How Skrill charges
Skrill is a digital wallet that also moves money. Its pitch is convenience, but conversion can be expensive: Skrill says its foreign-exchange fee can be up to 3.99%, in addition to any transaction fee. The table uses the site's 3% screening model for a typical major-currency conversion.
The appeal of Skrill is the wallet, especially for online payments and gaming. For a payment that needs currency conversion, the modelled 3% cost makes it one of the pricier options in this comparison.
Head to head at two transfer sizes
Revolut comes out ahead at every size in the current model. The two examples show the effect of staying within the representative allowance and moving well beyond it.
$1,000: Revolut's spread-only tier
Inside the limit, Revolut Standard sits at just its small modelled spread (0.10%), far below the site's 3% Skrill screening cost. Revolut is the clear winner here.
$25,000: a big send
On a large conversion, Revolut's 0.5% excess fee applies to a big amount over the representative limit, but it still works out well below the site's 3% Skrill screening cost. The gap is now worth real money.
Skrill's modelled 3% conversion cost makes it one of the pricier choices in the comparison. Revolut remains much cheaper even after the representative Standard allowance is used. That does not make Revolut the universal transfer winner: recipient eligibility, transfer fees and the correct country plan still need to match the actual payment.
Who should pick what
Pick Revolut if you want the lower conversion cost in this comparison. Inside the representative monthly limit on a weekday, only the small modelled spread applies. Check the app when you have used part of the allowance or need to exchange outside market hours.
Pick Skrill if you already use it as a wallet for online payments or gaming and the convenience outweighs the conversion cost. For a conventional international bank payment, compare a transfer specialist too.
Check Interactive Brokers when a large currency exchange will fund a securities trade or hedge inside the brokerage. Its 0.002% Tier I commission with a USD 2 equivalent minimum can make it much cheaper than both. Wise is the simpler alternative for paying another person. See Revolut vs Interactive Brokers.
Frequently asked questions
Is Revolut cheaper than Skrill?
Yes in the weekday scenarios shown here. Revolut's representative plan terms cost far less than the site's 3% Skrill screening model. Country-specific Revolut limits and the final Skrill fee still need to be checked.
Why is Skrill so expensive for transfers?
Skrill uses its own reference exchange rate and says its foreign-exchange fee can be up to 3.99%, on top of any transaction fee. It is a wallet first, built around online payments and account balances. A transfer specialist is usually easier to price for a bank payment.
Does Revolut charge extra on weekends?
It may. Revolut's out-of-market-hours pricing depends on your country and plan. These tables intentionally exclude weekend adjustments; check the in-app quote or wait until the next weekday. Skrill's final wallet and conversion terms also need to be checked.
Are the fees shown here exact?
No. The table uses the current mid-market reference and, where available, a Wise account-holder API estimate. Other providers use stored published fee and markup models, not live quotes, so the results are modelled estimates for typical routes. Skrill's markup varies by route, and Revolut's limits vary by region. Always confirm the final figure on the provider's own site before you transfer.
Cost figures are worked out from each provider's published fee structure applied to the current mid-market reference rate, modelled estimates for typical major-currency routes. Skrill's markup varies by route; Revolut's fair-use limits and plan prices vary by region. The figures shown are representative. Always confirm the final quote on the provider's own site before you transfer. We may earn a commission from affiliate links at no extra cost to you; this never affects rankings. Nothing here is financial advice.
Sources: Revolut exchange fees (opens in a new tab), Skrill fees (opens in a new tab), Skrill foreign-exchange fee support (opens in a new tab), Wise pricing (opens in a new tab), Interactive Brokers commissions (opens in a new tab), IBUK and IBLLC Client Agreement (opens in a new tab). Accessed 23 August 2026.