Withdrawing cash with the Revolut multi-currency card is generally at no cost. However, to be sustainable, we have to employ a fair usage policy. Cash withdrawals are not charged up to $1,200 per month at out of network ATMs, and anything over is charged 2%.
Additionally, Can you withdraw cash on Revolut? Withdraw cash from 55,000+ surcharge-free ATMs
With Revolut, you can withdraw $300 for free each month (on standard) via our network of 55,000+ surcharge-free ATMs.
Do you get charged for cash withdrawal? Around 95% of cash withdrawals are free of charge and at the majority of cash machines in the UK there is no charge for cash withdrawals when using a debit card or ATM card.
Subsequently, What Fees does Revolut charge? This fee is 2.5% for Standard and Plus users (and 1.5% for Premium and Metal users). We don’t charge you any other fees for this service. As always, we will show you the rate, the fee, and the total cost in the Revolut app before you make any exchange.
FAQ
Do you get charged for using Revolut?
Spending with the Revolut multi-currency card in store or online is generally at no cost.
Does Revolut have a monthly fee? A Standard Plan customer is anyone who is not a Premium or Metal Plan customer. Premium and Metal Plan customers do not pay this fee. This $1,000 is calculated across all types of exchanges, of all currencies, each monthly billing cycle (or, for Standard plan customers, each monthly anniversary of your sign up date).
Are Revolut transfers free? Revolut users will not be charged for local bank transfers in their home currency or for transfers to other Revolut users (peer-to-peer) in any country in the world.
Why is Revolut charging me a fee? If you don’t have enough funds in your account in the currency you chose for the card payment, Revolut will perform a currency exchange. Please bear in mind that if this happens, we may charge you a currency exchange fee if you’ve exceeded the monthly exchange limit on your Revolut plan.
What is better Revolut or N26?
N26 is the better choice if you’re looking for a fully-fledged current account from your mobile phone. Revolut is the better choice if you’re looking for a flexible spending account next to your main bank account.
Is Revolut a Visa or Mastercard? Revolut, a London-based digital finance app, will use the card network’s global footprint for international expansion. The fintech also works with Visa’s arch-rival Mastercard in Europe, but it will use Visa to expand in 24 new markets, for a total of 56 around the world, according to a statement.
Who is the owner of Revolut?
Nikolay Storonsky is the co-founder and CEO of Revolut. He is a British-Russian entrepreneur. He studied for a master’s degree in physics at Moscow Institute of Physics and Technology, and during this time became a state champion swimmer.
How do I withdraw from Revolut stock? Log in to your account. Select ‘Withdrawal’ or ‘Withdraw funds’ from the appropriate menu. Select the withdrawal method and/or the account to withdraw to (if more than one option is available) Enter the amount to be withdrawn, and, if prompted, a short reason or description.
How much money can you send on Revolut?
For most currencies, there are no limits as for transfer amount. Certain currencies might have limits imposed by our payments partners, which we’re unable to disclose due to compliance reasons.
How can we avoid Revolut charges?
To avoid paying this extra fee, it is recommended that you choose to make your withdrawal in the local currency, and refuse the currency exchange. Choose British Pounds (GBP) in the UK, US Dollars (USD) in the US, Euros (EUR) in France, etc. For example, you try to withdraw £10 (British Pounds) at a British ATM.
Does Revolut charge for direct debits? There is no fee charged by Revolut to process or return a debit.
How much can I spend on my Revolut card? Generally, there is no spending limit on your card. If your card is getting declined, the reason should be visible in transaction details.
Is there Revolut in Italy?
Revolut customers in Italy can now connect their Intesa Sanpaolo, UniCredit, UBI Banca, Banco BPM, Poste Italiane bank accounts to Revolut, making it possible to see all of their balances and transactions in its app. Customers can track their spending and set budgeting controls.
Is there anything better than Revolut? N26 is an excellent alternative to Revolut and is probably most useful to travellers, as they will be the ones to benefit from it most. Despite the lack of additional financial products, N26 bank is showing a great potential. >> Read more in our N26 review.
Can you have 2 Revolut accounts?
You cannot have 2 Revolut accounts. However, you can have multiple Revolut cards (2 physical Revolut cards + additional virtual cards.), which are linked to all the currency accounts that you have (26 currencies and counting.)
Is Revolut a debit or credit? The Revolut card is a prepaid debit card so you won’t receive an account number or sort code but you will be able to make transactions online. You can receive instant updates on your phone for the spending on your account as well as manage and budget your income.
Can you have two cards on Revolut?
You can have up to 6 active physical cards and 5 active virtual cards linked to your Revolut account. A disposable virtual card doesn’t count towards your allowance. You can use all these cards daily, or freeze any extra cards in-app as you need.
Is Revolut considered a credit card? Revolut Cards – Everything you need to know
Remember, Revolut is not a credit or Debit Card – It’s a prepaid Revolut Card 🙂 To find out more about which card is available in your country, click below to get your first free card !
Is Revolut a Russian bank?
Team Revolut
Revolut may be a British company, but we’re deeply proud to employ people from all over the world, and that means when terrible things happen where our people live, we have a duty to do everything we can to support them.
Is Revolut a Russian company? Nik Storonsky, the Russian billionaire cofounder of London-based financial app Revolut, announced on Tuesday that he opposes the Russian war against Ukraine. He also said his company would match up to £1.5 million (US$2 million) in donations to the Red Cross Ukraine appeal over the next week.
Is Revolut a UK bank?
Revolut – one app, all things money
In 2015, Revolut launched in the UK offering money transfer and exchange. Today, more than 18 million customers around the world use dozens of Revolut’s innovative products to make more than 150 million transactions a month.
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