Barclaycard now charging revolut transactions as cash advance

FIRSTTIMER

Furious about this to be honest

richi

See https://forums.moneysavingexpert.com/discussion/6032990/what-charges-are-there-for-topping-up-revolut-standard-account-with-barclaycard-0-visa for more info

born_again

FIRSTTIMER wrote: »

Furious about this to be honest

Why?
In effect you are making a cash transfer to a 3rd party card to spend at retailers.

Whats wrong with just using your barclaycard for the purchase?

ryan121

You have no right to be furious.This is an abuse and it's surprising they haven't done anything sooner.

It's likely people are doing this to get around paying for a cash advance and then using the money to transfer to their bank account or make cash withdrawals. Revolut shouldn't allow top ups via a credit card in the first place.

yksi

So what would be the solution for people who'd like to use Revolut as it's intended - to avoid currency conversion costs overseas? Tell them they just can't use a credit card? There goes their protection and there goes the fee-free transaction and there goes the perfect exchange rate.

I hope they figure out a way to make it possible to use Revolut with credit cards and without cash transaction fees.

ryan121

You can use a debit card.

born_again

yksi wrote: »

There goes their protection and there goes the fee-free transaction and there goes the perfect exchange rate.

I hope they figure out a way to make it possible to use Revolut with credit cards and without cash transaction fees.

What protection are you thinking of? Hope it's not S75.

If you take foreign currency on a credit card it is counted as a cash transaction... So all Barclays are doing is levelling the playing field.

No issue using a debit card. Fee free :rotfl:

FIRSTTIMER

I have now received a refund of the cash advance fee and interest from Barclaycard. Hmmm