question on revoult card

steveo3002

thinking of getting a revoult pre paid card

can i just check .. if i load xx gb pounds it sits there as pounds until i spend right? , so i get that days exchange rate not the day i load it

what happens if i load and decide not to spend , can i remove the funds back to my bank account without penalty ?

any time limit on spending whats loaded ?

thank you

photome

steveo3002 wrote: »

thinking of getting a revoult pre paid card

can i just check .. if i load xx gb pounds it sits there as pounds until i spend right? , so i get that days exchange rate not the day i load it, yes or you can exchange it at any time within the app

what happens if i load and decide not to spend , can i remove the funds back to my bank account without penalty ? yes

any time limit on spending whats loaded ? not that i am aware of

thank you

hope that helps

steveo3002

ah so if the euro rate shot up to what i felt was great i could exchange it now and spend at that rate later?

doesnt seem to be any downsides to getting this?

eDicky

Yes, you can exchange your funds any time, at the perfect interbank rate of that moment on weekdays, small markup on weekends.

I recommend that you familiarise yourself with how it works, all the info is there, and make sure your account is fully verified, before going ahead.

steveo3002

thanks , ive sent of for one

if i used my credit card to load it , would it be billed as a purchase or cash

eDicky

steveo3002 wrote: »

thanks , ive sent of for one

if i used my credit card to load it , would it be billed as a purchase or cash

It depends on the credit card company, I once used my Tandem card to load Revolut and it was a normal purchase, other CCs may differ.

paulm_1974

I’ve been using Revolut for several years now and I can also confirm all the above.
Extremely easy and flexible to load, withdraw, send and exchange money.
I have loaded cash from credit cards (MBNA, Barclaycard, Virgin. Amex not accepted) and have shown in statement as purchase (I.e. no fees).

Definitely recommended.