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  • FIRST POST
    • betterdaysahead
    • By betterdaysahead 8th Jul 15, 12:26 PM
    • 111Posts
    • 59Thanks
    betterdaysahead
    0 WOW
    Revolut pre-paid Mastercard
    • #1
    • 8th Jul 15, 12:26 PM
    0 WOW
    Revolut pre-paid Mastercard 8th Jul 15 at 12:26 PM
    I was wondering if anyone has used the Revolut pre-paid card that Martin recommends in this week's email? http://www.moneysavingexpert.com/credit-cards/prepaid-travel-cards?utm_source=MSE_Newsletter&utm_medium=hiya&ut m_term=07-Jul-15-v1&utm_campaign=credit-cards&utm_content=4#revoluteuro

    On paper it looks fantastic and something similar to the Travelex Supercard, which I unfortunately wasn't quick enough to get before they were all snapped up. What particularly appeals to me is the no fee ATM withdrawals as much as the perfect exchange rate.

    Just looking for opinions/reviews from others?

    Thanks,
    BDA
Page 32
    • Elahidavid
    • By Elahidavid 7th Dec 16, 3:17 AM
    • 6 Posts
    • 0 Thanks
    Elahidavid
    When revolut will return money from the account?
    In a chat promised to make refund after November, 30th, there has passed a week, but money is not present.
    • Don Shackleford
    • By Don Shackleford 7th Dec 16, 10:59 AM
    • 12 Posts
    • 10 Thanks
    Don Shackleford
    new fair usage policy from feb 5th

    200 or eqiu. per month out of the atm
    then 2% fee after that

    down from 500

    as per the website - which i can't link to!

    disappointing!
    • csgohan4
    • By csgohan4 7th Dec 16, 2:50 PM
    • 3,369 Posts
    • 2,077 Thanks
    csgohan4
    new fair usage policy from feb 5th

    200 or eqiu. per month out of the atm
    then 2% fee after that

    down from 500

    as per the website - which i can't link to!

    disappointing!
    Originally posted by Don Shackleford
    It was good while it lasted, maybe back to the Halifax clarity card perhaps
    "It is prudent when shopping for something important, not to limit yourself to Pound land"
    • photome
    • By photome 7th Dec 16, 6:00 PM
    • 12,353 Posts
    • 7,841 Thanks
    photome
    new fair usage policy from feb 5th

    200 or eqiu. per month out of the atm
    then 2% fee after that

    down from 500

    as per the website - which i can't link to!

    disappointing!
    Originally posted by Don Shackleford
    Thats rubbish, I will ditch it and go back to Clarity and PO CC
    • csgohan4
    • By csgohan4 7th Dec 16, 8:21 PM
    • 3,369 Posts
    • 2,077 Thanks
    csgohan4
    Thats rubbish, I will ditch it and go back to Clarity and PO CC
    Originally posted by photome
    What's PO CC?
    "It is prudent when shopping for something important, not to limit yourself to Pound land"
    • eDicky
    • By eDicky 7th Dec 16, 10:00 PM
    • 2,321 Posts
    • 975 Thanks
    eDicky
    When revolut will return money from the account?
    In a chat promised to make refund after November, 30th, there has passed a week, but money is not present.
    Originally posted by Elahidavid
    Are you a non-European user, service terminated? And you did not withdraw your money by the deadline?

    If so, what did Revolut chat say, how are they going to refund you, to bank or what?

    (If not, what are you talking about?)
    • photome
    • By photome 8th Dec 16, 6:25 AM
    • 12,353 Posts
    • 7,841 Thanks
    photome
    What's PO CC?
    Originally posted by csgohan4
    Post office credit card.

    very similar to the clarity card
    • csgohan4
    • By csgohan4 8th Dec 16, 7:32 AM
    • 3,369 Posts
    • 2,077 Thanks
    csgohan4
    Post office credit card.

    very similar to the clarity card
    Originally posted by photome

    2.5% Handling fee for cash withdrawal overseas for post office CC.
    "It is prudent when shopping for something important, not to limit yourself to Pound land"
    • Elahidavid
    • By Elahidavid 8th Dec 16, 3:28 PM
    • 6 Posts
    • 0 Thanks
    Elahidavid
    Are you a non-European user, service terminated? And you did not withdraw your money by the deadline?

    If so, what did Revolut chat say, how are they going to refund you, to bank or what?

    (If not, what are you talking about?)
    Originally posted by eDicky
    Yes, I am a non-European user and thought, that money after November, 30th will return automatically.
    But have not returned yet, can it is necessary wait still?
    • rjprice57
    • By rjprice57 20th Mar 17, 4:59 PM
    • 1 Posts
    • 0 Thanks
    rjprice57
    I just want to write a quick post with my experience using Revolut.
    I am based in the U.K. and have used the card for a few weeks. I have made a purchase in US$ on Amazon's US site and paid using Revolut with no fees added. I even had to return the defective item to Amazon and I received a refund to my Revolut US$ wallet with no fees taken (I was amazed!). On a few occasions when the value of Sterling has spiked I have taken the opportunity to transfer funds from my Revolut GBP wallet to the US$ one - this means I'm able to lock in the exchange rate ahead of any purchase (although Sterling could have strengthened further meaning I might miss out a little).
    Alternatively you could just leave the money in your GBP wallet and let Revolut convert to the local currency at the time of the purchase - if it's a major currency your spending in you'll get the spot rate (although take a look at my comment below about transactions on a weekend).
    I have found that I get an EXCELLENT exchange rate when I make a transfer during the working week - the rate is almost exactly the same as the 'spot' FX rate... AMAZING! When I have transferred money from GBP to US$ on a weekend (when markets are basically closed) I don't quite get the spot rate, but it has still been far better than the rate I would have gotten with my bank which charges close to a 3% fee.
    While is Costa Rica I have paid a number of bills in US$ and this has simply been taken from the funds I already transferred to my US$ wallet - with no fees taken - this compares to a 2.75% fee I would have had to pay if I used my normal bank credit or debit card.
    I have also withdrawn local Costa Rican currency (Collon) from a local ATM. As this is not a major currency Revolut isn't able to give me a 'spot' rate but it was still far better than what I would have gotten by using my bank's card and paid their normal fees.
    All in all I have found this to be an excellent addition to my wallet and has already saved my plenty of money. All card have issues from time to time so I suggest you always have a backup card available (e.g. your normal bank credit or debit card) just in case... but I will always use my Revolut card first.
    I realise there is currently a 5000 limit on the amount of cash you can convert each month but this is more than enough for any normal user (if you happen to need to convert 10k into US$ just split it across 2 months!). There is also a 200 limit on the amount of local currency you can withdraw from an ATM without paying the 2% fee. I suggest you withdraw 200 worth of local currency and use this for tips and small purchases and pay all other bills using the Revolut card. Even if you have to withdraw more than 200 worth of local currency a 2% fee is still better than what you'd pay if you used almost any UK bank card.
    • PapaPistachio
    • By PapaPistachio 22nd Mar 17, 11:48 AM
    • 1 Posts
    • 0 Thanks
    PapaPistachio
    ATM Withdrawals in Canada
    I used a Revolut card last time I was in Canada and had some trouble withdrawing cash at ATMs. Assuming that the ATMs that I visited were simply not supported, does anyone know which bank's ATMs are supported (in Canada specifically)? Thanks kindly for your help.
    • Josehose
    • By Josehose 23rd Mar 17, 2:33 PM
    • 1 Posts
    • 0 Thanks
    Josehose
    Word of warning
    Maybe ok for Europe. In India I've incurred loads of charges and it took a while to figure out why. Was losing around 10% per transaction, then they told me i could get it back by getting receipts. Spent another day at the bank having the ATM opened and photographing receipts only to be told they matched revoluts records (why wouldn't they?). 2% fee after the first 200 drawn and Indian banks take a few too (not with my UK bank card tho). Spent MANY hours on their support chat and fb messenger finding out what the hell is going on. Made my trip a financial nightmare and lost days. I travel out of Europe every year and have done for 20, I'd never recommend this card.
    • eDicky
    • By eDicky 23rd Mar 17, 7:21 PM
    • 2,321 Posts
    • 975 Thanks
    eDicky
    Spent MANY hours on their support chat and fb messenger finding out what the hell is going on. Made my trip a financial nightmare and lost days.
    Originally posted by Josehose
    Sounds like a incoherence issue...
    • danlstewart
    • By danlstewart 16th May 17, 7:15 PM
    • 1 Posts
    • 0 Thanks
    danlstewart
    Hi everyone,

    Recently signed up for a Revolut card after recommendation because I'm going to be working abroad for a few months. Wanted to check a few things as I've never worked or received payment abroad. I'm being paid in euros upon invoice however I'm unsure what details to provided to my employer to get the best deal on my Revolut account.

    I would assume that if I provided my UK account number and sort-code for Revolut that a conversion would be made to pounds and then I would have to convert it back to euros to spend (not what I want to do)

    Ideally I want to be paid in euros straight into my 'euro' account in Revolut so no conversion is made - I think that's possible but that's where I'm unsure what I provide? Do I just provide my IBAN, SWIFT and reference number? And do I have to say what currency I'm requesting the payment in?

    I understand this is not 100% a question about Revolut but also about international payments in general (and invoicing!) but all replies greatly appreciated!

    Cheers.
    • stevenpc
    • By stevenpc 16th May 17, 8:19 PM
    • 86 Posts
    • 15 Thanks
    stevenpc
    not to sure on this one would be best to contact revolut and ask them
    • eDicky
    • By eDicky 17th May 17, 2:47 AM
    • 2,321 Posts
    • 975 Thanks
    eDicky
    Ideally I want to be paid in euros straight into my 'euro' account in Revolut so no conversion is made - I think that's possible but that's where I'm unsure what I provide? Do I just provide my IBAN, SWIFT and reference number? And do I have to say what currency I'm requesting the payment in?.
    Originally posted by danlstewart
    Until Revolut provide a personal IBAN for receiving EUR and USD, you cannot receive euros directly into your euro balance from a third party. (It can be done in GBP to the personal sort code / acc no. they already provide.) So don't try giving your employer the general Revolut IBAN, SWIFT and your reference number to receive your salary, it won't work.

    So until then, to avoid conversion fees etc, you would do best to open a euro bank account with someone like Britline (France) or KBC Ireland to receive incoming SEPA payments free of charge. You can then load those euros to Revolut by the euro bank debit card, and/or just spend using that card.
    Last edited by eDicky; 17-05-2017 at 3:27 AM.
    • Peribanu
    • By Peribanu 17th May 17, 7:29 AM
    • 11 Posts
    • 3 Thanks
    Peribanu
    You can get an IBAN and Euro account quickly using Paysera. You need to become a fully verified customer, which involves uploading a photo of you holding your passport, and possibly a couple of other things. After fully verified you get an IBAN in your own name for Euro transfers out or in. As long as your Paysera account name and your Revolut account name are exactly the same, you should then be able to transfer Euro funds from Paysera to Revolut via SEPA for currency exchange.
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