Updated October 17, 2026 · SumCue Editorial Team
Nutmeg vs Revolut UK
Revolut UK
Higher score in this comparison
Nutmeg
What sets them apart
| Compare | NutmegReviewSee alternativesSee alternatives | Revolut UKReviewVisitVisit |
|---|---|---|
| Management fee | 0.25% to 0.75% | 0%Lower |
| Regulators | Financial Conduct Authority | Cyprus Securities and Exchange Commission (CySEC), LT BL, SIPC |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Account types | ISA, SIPP | ISA, Joint |
| Portfolio types | ETF, ESG, Cash | ETF, Cash, Crypto |
| Minimum investment | £100 to £500 | Not confirmed |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Revolut UK scores higher overall: 9.4 vs 9.2.
- Regulators: only Nutmeg offers Financial Conduct Authority.
- Regulators: only Revolut UK offers Cyprus Securities and Exchange Commission (CySEC), LT BL, SIPC.
- Founded is lower at Nutmeg: 2012 vs 2015.
- Revolut UK is licensed in 2 more countries.
- Management fee is lower at Revolut UK: 0% vs 0.25% to 0.75%.
- Account types: only Nutmeg offers SIPP.
- Account types: only Revolut UK offers Joint.
- Portfolio types: only Nutmeg offers ESG.
- Portfolio types: only Revolut UK offers Crypto.
Our verdict on each
Nutmeg
Nutmeg keeps the running cost of a managed portfolio low and the paperwork light, which suits UK savers who want an ISA or SIPP without choosing investments themselves. The catch sits in the entry bar: the minimum deposit is £500 and fees of 0.25% to 0.75% a year apply.
Revolut UK
For readers in the UK managing everyday money and investing in one place, Revolut UK works as a broker linked to app based accounts and cards. It suits people who want easy access savings alongside joint and ISA options with multi currency and investing choices.
Score breakdown
| Area | Nutmeg | Revolut UK |
|---|---|---|
| Cost | 9.2Costs are the management fee of 0.25% to 0.75% a year, with trading adding £0 and no set-up, trading or exit fees. | 9.7Higher |
| Offer | 9.5 | 9.5 |
| Trust | 9.1 | 9.1 |
How they place
| Ranking | Nutmeg | Revolut UK |
|---|---|---|
| Investing | 133 of 654 | 50 of 654 |
| Robo-advisors | 33 of 154 | 5 of 154 |
| Stocks and shares ISAs | 5 of 25 | 3 of 25 |
Licences and countries
| Country | Nutmeg | Revolut UK |
|---|---|---|
| Cyprus | Not confirmed | Cyprus Securities and Exchange Commission (CySEC) MiCA CASP 549300ET4IUR6RCZOL84 |
| Lithuania | Not confirmed | LT_BL PSD_EMI LT_LT_BL_304940980 |
| United Kingdom | Financial Conduct Authority 552016 | Not confirmed |
| United States | Not confirmed | SIPC SIPC member 70365 |
Every fact side by side
| Fact | Nutmeg | Revolut UK |
|---|---|---|
| Legal entity | J.P. Morgan Personal Investing Limited | Revolut Digital Assets (Europe) Ltd |
| Headquarters | United Kingdom | Cyprus |
| Founded | 2012Lower | 2015 |
| Support channels | Email, Chat, Phone, Help centre | Email, Chat, Phone, Help centre |
Brokers
| Fact | Nutmeg | Revolut UK |
|---|---|---|
| Minimum deposit | £500 | £0Lower |
| Stock trade fee | £0 | Not confirmed |
| Markets | ETFs, Funds, Stocks, Bonds | Not confirmed |
| Features | Mobile app | Multi currency, Virtual card, Travel |
| Pricing model | Commission free | No annual fee |
| Currency conversion fee | Not confirmed | 0% to 2% |
| Deposit and withdrawal fees | no set-up, trading or exit fees | Not confirmed |
| Platforms | Web, Mobile app | Not confirmed |
Credit cards
| Fact | Nutmeg | Revolut UK |
|---|---|---|
| Annual fee | Not confirmed | €0 |
| APR | Not confirmed | 13.34% to 17.99% |
| Rewards type | Not confirmed | Points |
| Rewards rate | Not confirmed | 1.5 points per EUR1 |
| Card kind | Not confirmed | Credit |
Savings
| Fact | Nutmeg | Revolut UK |
|---|---|---|
| Headline rate | Not confirmed | 4% |
| Rate type | Not confirmed | Variable |
| Deposit protection | Not confirmed | FSCS up to GBP 85,000 |
| Access terms | Not confirmed | Instant access via the Revolut app, fee-free withdrawals, no withdrawal limits |
| Monthly fee | Not confirmed | £0 |
| Account kind | Not confirmed | Easy access |
Debit cards
| Fact | Nutmeg | Revolut UK |
|---|---|---|
| Free ATM withdrawals | Not confirmed | £200 |
| Card type | Not confirmed | Debit |
| Card network | Not confirmed | Visa |
| Currencies | Not confirmed | 160 |
Where each stands against the rest
| Fact | Nutmeg | Revolut UK | Median |
|---|---|---|---|
| Management fee | 0.25% to 0.75%below the median | 0%lowest quarter | 0.35 |
| Minimum investment | £100 to £500above the median | Not confirmed | £50 |
Median across 86 listed providers.
Pros and cons
Nutmeg
Pros
- Trading adds £0, and set-up, trading and exit fees do not run on the account, so moving money in or out costs nothing extra.
- Regulated by the Financial Conduct Authority, with investor protection of FSCS up to GBP 85,000 behind the balance.
- Support runs on email, chat and phone, so help is available by phone and live chat as well as in writing.
Cons
- A £500 minimum deposit and a minimum investment of £100 to £500 put Nutmeg above Axos Invest, which lists $100.
- A quarter of robo-advisors charge 0% in management fees, so fees of 0.25% to 0.75% a year are not the lowest rate around.
- Account choice is limited to isa and sipp, with no general investment account in the range.
Revolut UK
Pros
- Easy access account opened and managed through the Revolut app
- Joint and ISA account choices alongside ETF, cash and crypto portfolios
- Multi currency handling with virtual card support for travel spending
Cons
- Investments carry risk, and the value of holdings can fall as well as rise.
- Investing happens on an execution only basis, so every decision rests with the investor.
Who each suits
Nutmeg
Who it suits
- UK beginners who want an ISA or SIPP opened without choosing individual investments.
- Savers who can fund a £500 deposit and hold the account for years rather than months.
- People happy to hand asset allocation to an algorithm across the etf, esg and cash range.
Who should look elsewhere
- eToro, which lists a management fee of 0%, if the annual charge is the number that decides it.
- Axos Invest, where a starting amount of $100 suits anyone below the £500 deposit Nutmeg asks for.
- Empower Personal Dashboard for savers who want 0% management fees rather than 0.25% to 0.75% a year.
Revolut UK
Who it suits
- People combining savings, cards and investing in one app
- Travellers handling more than one currency day to day
Who should look elsewhere
- Investors who want a firm to recommend which shares to buy.
- People who want only a traditional bank with local branches.
Current offers
Nutmeg
Current offer
Bonus
Earn £100 when you invest £1,000: GBP 100 cash reward
Invest at least £1,000 in one payment into a General Investment Account, Stocks and Shares ISA, Lifetime ISA, Junior ISA or Personal Pension and keep it invested for at least 6 months; new contributions only, transfers excluded; reward paid as unallocated cash within 55 days; new clients only, cannot be combined with other new-client offers
Source, checked September 26, 2026
Country by country
| Country | Nutmeg | Revolut UK |
|---|---|---|
| United Kingdom | Yes | No |
Questions about each
Nutmeg
What does Nutmeg cost to run?+
The yearly cost is a management fee of 0.25% to 0.75% a year, taken from the account. Trading adds £0, and set-up, trading and exit fees do not run on the account, so moving money in or out costs nothing extra. That annual charge is the number to compare across robo-advisors.
How much do I need to open an account?+
The minimum deposit is £500, and once the account is open the minimum investment is £100 to £500. The deposit is the amount the account has to start with, while the investment range covers the size of a single contribution or holding. Contributions above the minimum can be added as the balance grows.
Revolut UK
Which products does Revolut UK cover as a broker?+
Revolut UK covers brokerage with easy access savings alongside joint and ISA account types. Portfolios include ETF, cash and crypto holdings. Card use includes debit and credit options with virtual card support.
Who is Revolut UK suited to?+
It suits people who prefer managing savings and investing through an app. Multi currency features and travel support help everyday use abroad. Joint account choices also support shared household money.
Other options to compare
Other matchups
Revolut UK
Nutmeg