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

So I can transfer money from 0% cards to revolut for free? (excluding bt fees)

Comments

  • Revolut isn’t a credit card.

    You can top it up by transferring money from your current account.
  • FIRSTTIMER
    FIRSTTIMER Posts: 637 Forumite
    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?
  • 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 promo
  • FIRSTTIMER
    FIRSTTIMER Posts: 637 Forumite
    hmmm ok thanks
  • 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.
  • stevenhp1987
    stevenhp1987 Posts: 907 Forumite
    Part of the Furniture
    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!
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