With Open Banking, you can connect your external bank accounts (and some accounts with providers who aren't banks) to Revolut and see everything in one place. This means you can see your Revolut balances and transactions alongside your external bank account transactions directly in Revolut, and set budgeting controls for both.
Revolut's goal has always been to help you manage your financial life and a huge part of that comes down to convenience. Having to switch between different apps to view your balances, transactions and budgeting, is inconvenient.
With Open Banking, you’re able to track your Revolut transactions and (for example) your HSBC and Barclays transactions, all from within Revolut.