Transfer money abroad in 30+ currencies with the interbank exchange rate, with a 0.5% fee for anything over £1,000 each month.
08/06/2020
Good to know that there are no hidden fees when travelling abroad. Thanks for leaving a review of Revolut Ian.
08/06/2020
Revolut is great for personal day-to-day use with helpful tracking features to see what you’re spending where. Fantastic for travel money; easy to transfer money from my main debit account and exchange is a couple of taps. Competitive exchange rates are a bonus. The only downside is the charge for using at the weekend while abroad. Not the end of the world, but can be off-putting if you don’t have alternative payment methods.
Thanks for leaving a review Ben. Glad to hear you’re benefitting from the great features of Revolut.
13/07/2020
Great.
Thanks for leaving a review, Jake.
Revolut was founded in 2015 as a digital app-based bank alternative to traditional high street banks. With over 10 million customers, Revolut prides itself in being able to offer various customer focus benefits such as an in-built budgeting system. This system allows its customers to see where their money is being spent each month and even allows users to add spending limits on various categories.
Compare app-based banks to see how Revolut perform against their competitors.
To open an account you need to download the Revolut app via your smartphone. You then need to fill in the necessary details and have some ID to hand to take an image of and upload. The whole process is very quick, clear and easy to navigate.
It’s very easy to contact the team at Revolut. Simply call them or use the in-app chat available 24hrs a day (Premium and Metal plan users have a priority service).
Revolut is authorised by the Financial Conduct Authority (FCA). However, they’re not part of the Financial Services Compensation Scheme (FSCS). If there was an insolvency issue, customers would be able to claim their funds from a segregated account.
Much better than using my credit/debit cards when overseas - decent exchange rates and no rip-off transaction fees!
Much better than using my credit/debit cards when overseas - decent exchange rates and no rip-off transaction fees!