Digital bank Revolut reportedly scales back WeWork access for its premium membersRevolut, one of Europe’s leading digital banks, has quietly reduced the WeWork coworking space benefits available to customers on its higher-tier paid plans.
The change, which took effect in early August 2026, followed negotiations with the workspace provider after WeWork sought higher fees amid rising demand and occupancy at popular locations.
Subscribers to Revolut’s Metal and Ultra plans previously had monthly access to a broad network of WeWork On Demand spaces as part of their membership packages.
Metal members, paying around £14.99 per month, received one day pass, while Ultra customers, at approximately £55 monthly, could access up to three visits.
These perks sat alongside other lifestyle offerings designed to make the premium subscriptions more appealing.Under the revised arrangement, the number of available WeWork sites has been cut to roughly 265 worldwide. More than half of the remaining locations are in the United States.
Access has been withdrawn from several high-demand European venues in cities including Paris, Brussels, Milan, London, Edinburgh, Dublin and Prague.
In some of these places, Revolut members now have no WeWork options left.
Reports indicate that customers received no advance notice of the adjustments.
Many only discovered the restrictions when they attempted to book desks at familiar locations and found them unavailable.
The decision stemmed from commercial discussions rather than the complete removal of the benefit.
WeWork cited economic factors, including stronger demand and higher occupancy in certain markets, as the reason for seeking increased payments from Revolut.
Instead of absorbing the full rise in costs or eliminating the perk, the two companies reached a new deal that limited the geographic scope of access.
Digital bank Revolut has stated that benefit availability can shift due to various requirements while affirming its ongoing commitment to providing members with premium workspace options and other global lifestyle advantages.
The fintech continues to generate substantial revenue from its subscription products—more than £700 million in 2025, representing nearly 70 percent year-over-year growth—underscoring the importance of paid plans to its business model.
The timing coincides with other positive developments for Revolut.
The company recently secured a French banking licence, a key milestone in its European expansion that its chief executive has linked to broader ambitions, including potential progress toward a US banking license.
For many premium users, particularly those based in Europe who relied on convenient local WeWork access for remote or hybrid work, the reduced network represents a noticeable downgrade in value.
The remaining locations skew heavily toward the US market, where Revolut’s customer base is smaller relative to its European stronghold.
This mismatch highlights the challenge of balancing partnership costs against the expectations of high-paying subscribers.
The episode illustrates the pressures facing fintech firms that bundle third-party lifestyle benefits to differentiate their offerings.
As demand for flexible workspaces recovers and operators adjust pricing, partnerships of this kind may require ongoing renegotiation.
Revolut has opted to preserve some form of WeWork access rather than drop it entirely or raise its own plan prices to cover the difference.
As first reported by the FT, customers affected by the change may need to explore alternative coworking options or reassess whether the remaining benefits continue to justify the Metal or Ultra subscription fees. Revolut’s help pages still list the WeWork perk for eligible plans, though with the note that availability varies and is limited to selected locations.