Revolut - direct transfer to bank accounts possible?

vic09

Ohhh I see, that's a shame, I thought I had the perfect plan lol
I've also got a points-earning mastercard CC and you mentioned Curve in your comment...can you confirm if I can use my mastercard CC with Curve to top up Revolut? Would it also be treated as cash advance?

colsten

sillyhilly wrote: »

That's a bit of a red herring though.

Revolut are required to keep all client funds in a segregated account so, worst case scenario, the funds are protected.

It's not the same as FSCS protection. They aren't "required", they just say they will do. Whether they actually do is not clear, and you wouldn't have any comeback if they didn't. Fine by me if you are happy with less safety - after all, it's your money you are risking, not mine.

System

colsten wrote: »

It's not the same as FSCS protection. They aren't "required", they just say they will do. Whether they actually do is not clear, and you wouldn't have any comeback if they didn't. Fine by me if you are happy with less safety - after all, it's your money you are risking, not mine.

They are also in the process of obtaining an EU banking license -Lithuanian IIRC.

I use Revolut but only for overseas spends / small forex and then transfer funds elsewhere for safekeeping.

Nick_C

vic09 wrote: »

Ohhh I see, that's a shame, I thought I had the perfect plan lol
I've also got a points-earning mastercard CC and you mentioned Curve in your comment...can you confirm if I can use my mastercard CC with Curve to top up Revolut? Would it also be treated as cash advance?

You can top up Revolut directly from a credit card (but not Amex). No point in going via Curve.