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Does revolut accept balance transfers/money transfers/0% purchases

FIRSTTIMER
Posts: 637 Forumite
in Credit cards
So I can transfer money from 0% cards to revolut for free? (excluding bt fees)
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Comments
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Revolut isn’t a credit card.
You can top it up by transferring money from your current account.0 -
You can also top it up by doing balance/money transfer or purchases from a credit card - so can I get 0% cash using it?0
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Where did you read that?
You cannot do a balance transfer from a credit card to a revolut card.
Or a “purchases” transfer, whatever that is!?
You could use a money transfer card yes in which you could transfer the money to your current account first then to your Revolut card.
But then you incur a money transfer fee and you also have to pay the money transfer balance back to the credit card which will incur interest unless you’re on an interest free promo0 -
hmmm ok thanks0
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What have you the impression you could do a balance transfer to it?
It’s a pre-paid top up card not a credit card.0 -
Which card?
You can top-up a Revolut account via Credit Card and some cards process it as a purchase, rather than a cash advance.
If it's a 0% purchase card and your card issuer classes it as a purchase (most seem too), then job done. Revolut allows this if you then spend the funds, e.g. allowing you to spend on a Credit Card to places that only accept Debit Cards (pre-paid).
It's against their T&C to top-up and then transfer the funds to your bank account.
If that's your intention the real question is why do you want to get a cash advance? Transferring from a credit card to Revolut is clearly an attempt to get a cash advance... There are better, and non-falling foul of T&C methods of accomplishing this!0
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