On January 7, 2026, UK neobank Revolut began offering a credit card in Mexico, making its second strategic move since launching banking operations in the country last November. The new product is immediately aimed at competing with market leaders — BBVA, Banamex, HSBC and Santander — and stands out with an aggressive set of bonuses, subscriptions and premium services.
Revolut has already started sending out invitations to some customers for early access to a credit card. The product is presented in three variants — from free to premium — and is issued on the basis of Mastercard.
In the standard version, the card does not require a monthly fee and offers:
- bonus points,
- unlimited access to the Mastercard Elite Lounge at Mexico City International Airport (AICM),
- basic package of Mastercard privileges.
Thus, Revolut immediately enters a segment traditionally dominated by the largest state banks. But Revolut's main bet is — not for classic cashback, but for premium subscriptions built into the credit card.
The premium plan is priced at 149 pesos per month and includes:
- theft insurance and purchase protection,
- travel insurance,
- subscriptions to Tinder Gold, Picsart, NordVPN, Freeletics, Sleep Cycle and Headspace.
The Php349/month Metal plan completes this package:
- Mastercard World Elite privileges,
- subscription to the Financial Times,
- access to WeWork coworking offices,
- expanded premium services.
To sum it up, Revolut actually sells not only a credit card, but also a “lifestyle package” aimed at mobile, international and digitally active customers.
As of October 2025, more than 40 million credit cards have been issued in Mexico. The balance of power looks like this:
- BBVA — over 11.2 million cards,
- Banamex — 9.7 million
- HSBC — 4.3 million,
- Santander — 3.9 million,
- Bancoppel — 3.4 million
The era when credit cards were exclusively a product of traditional banks is finally becoming a thing of the past. Revolut's entry into the Mexican market marks an attempt to win share from banks that have controlled the segment for decades but are increasingly criticized for fees, complex regulations and lack of flexibility. The company sets itself an ambitious goal — enter the top five largest banks in the state.
Revolut serves approximately 65 million users in nearly 50 countries and has invested 1.8 billion pesos in the Mexican market — the group's largest investment outside Europe. According to the neobank's management, Mexico will become a key hub for expansion in Latin America. When developing the strategy, the experience of Colombia, Argentina, Brazil and the USA was taken into account. The most difficult stage, according to the company, was obtaining a banking license and trust from regulators, but now the focus is shifting to fighting for the client.
Revolut is entering a market where other neobanks are already active — Nu, Mercado Pago, Klar and Plata. Therefore, the launch of his credit card — not just offering a new product, but an attempt to take a central place in the user’s financial life by combining payments, credit, subscriptions and international services in one application.