Spain is where Revolut will test its first ATMs, or bancomats. The first 50 ATMs of the English fintech will be in Madrid and Barcelona. Soon, another 150 will be added in other major cities like Valencia and Malaga, bringing the total number of ATMs in Spain to about 200.
Revolut will put its branches in places where they will be more visible and have more foot traffic. Customers will always be able to find the closest one using an internal map in the app that shows opening hours, addresses, and how to get to Revolut branches. The company says that this new idea comes to Spain, which is one of the most cash-dependent countries in Europe. According to data from the Bank of Spain, more than 60% of payments are made in cash.
Revolut’s digital services are also doing well in this market, with almost 5 million Spanish customers using savings accounts, the popular local P2P service Bizum, and tax payment features. Spain is the first place where Revolut’s new physical product is available. The company plans to expand to other European markets, such as Italy, Germany, and Portugal, in 2026 and beyond.
People’s money management has changed a lot in the past ten years, but ATMs have hardly changed at all. They still have hard-to-use interfaces, hidden fees, bad exchange rates, and limited functionality. Revolut’s new ATM network makes it much easier for users to get cash, get a new physical card, and check their balance. The experience is much better, more elegant, and more focused on digital technology. The new ATMs give locals who need cash quickly and tourists who want the best exchange rates everything they need quickly and clearly.
One of the best things about Revolut for customers is that they can take out money without paying any extra fees. Using Revolut’s classic exchange rates, customers who withdraw money in a currency other than their own (like a British card withdrawing euros in Spain) will get the same competitive exchange rates they are used to in the app. Revolut ATMs give travelers a smarter way to get their money around the world, since withdrawing money abroad often comes with high fees and bad exchange rates.
FEATURES AND BENEFITS FOR PEOPLE WHO DON’T BUY TOO
Some important things about the new Revolut ATMs are:
Revolut customers can take out cash for free. In the future, they will also be able to deposit cash.
Revolut users can withdraw money from ATMs in their own country, in the EU, or anywhere else in the world without paying any fees.
Revolut cards are free to get (one per customer). You can use both physical cards and contactless cards, so even if you don’t have the card with you, you can still use the ATM with your smartphone. The design is sleek and the user interface is easy to use.
How easy it is to get to: The display can be changed, and it supports many languages, including Brazilian Portuguese, Bulgarian, Croatian, Czech, Danish, Dutch, English, French, German, Greek, Hungarian, Italian, Latvian, Japanese, Lithuanian, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Swedish, and more. It also has advanced security features like end-to-end encryption, and facial recognition authentication will be added soon.
Even people who don’t have a Revolut account can use ATMs with low fees, which makes them a better option than regular ATMs that charge high fees and aren’t very clear about their fees. At first, these users will see the exchange rates of their home bank, but a future Dynamic Currency Conversion (DCC) feature is planned. This will let them choose Revolut’s real-time conversion directly at the ATM with a competitive markup. People who don’t have a Revolut account can open one right at the ATM and get a physical card right away.
Revolut has also made sure that its ATMs look good. The new ATM has a sleek design and a big 32-inch touchscreen display that makes it easy and fun to use.
Manjot Bhatia, Operating Partner at Revolut, said, “The launch of our ATM network is a key step in bringing Revolut’s vision closer to our customers, offering a truly seamless and global financial experience.” “By rethinking one of the most important physical touchpoints in banking, ATMs not only make it easier to get cash, but they also help us build our brand, get people more involved, and set the stage for the next phase of our growth in Europe.”