Revolut has scaled back a popular co-working perk for its highest-paying subscribers, removing access to some of WeWork's most in-demand London locations and all sites in several European cities.
Changes to WeWork access
Metal customers, who pay £14.99 a month, receive one code per calendar month for a single WeWork visit. Ultra customers, at £55 a month, can use the spaces up to three times monthly. A WeWork day pass starts at £35, making this one of Revolut's most valued benefits.
According to the Financial Times, as of August, some of WeWork's most sought-after sites in London will be affected. A full list hasn't been published, but some previously bookable London locations have disappeared from the Revolut app. In Paris, Brussels, Edinburgh, and Milan, paying subscribers will lose access to all WeWork sites.
Reason for the downscale
The reduction is reportedly due to 'economic factors'. WeWork said the decision reflected 'increased occupancy levels and demand' in certain locations, prioritising day-passes for full-price customers. Instead of withdrawing the benefit entirely, the two companies renegotiated their deal.
WeWork, founded in New York in 2010, has a larger US presence, putting Europeans at a disadvantage for finding a hot desk. Revolut generated over £700 million in subscription revenue in 2025.
Customer reaction and context
Premium customers have voiced frustration online. @ffaabbss wrote on X: 'This is very annoying as for me this was my #1 reason to be an Ultra customer'. @Atomik_Research called it a 'bad' decision, adding that the WeWork passes were 'the most useful benefit of all!'.
London currently has 28 WeWork locations, roughly half the number before the company's 2023 bankruptcy. WeWork has since recovered, with on-demand bookings in London rising 30% in 2025 compared to 2024, according to City AM data. Locations along the Elizabeth line saw a 12% increase in bookings year on year.
London now has well over 100 co-working spaces, but availability remains limited.
