Can I top up my revolut account with £1000 from Barclaycard?

IAMIAM
IAMIAM Posts: 1,318 Forumite
Fifth Anniversary 500 Posts Name Dropper
Will I still get cash advance fees currently?

Comments

  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    IMO you will yes.
  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Using a credit card to add funds to a Revolut account generally used to be treated as a normal purchase, but probably because of abuse this has been reported to be no longer the case - search for the fairly recent threads here about it.
    Evolution, not revolution
  • Marcio45
    Marcio45 Posts: 240 Forumite
    Ninth Anniversary 100 Posts
    Hi. Barclaycard did not used to charge fees when transfering money to Revolut but started to do so just before Xmas. Due to the Covid crisis it now says that it will not charge cash advance fees up until the 17th june, but they will return afterwards.
    Not sure if money transfers to Revolut will count as cash advance and free of fees, but probably they will.
    Just be aware that cash advances have higher interest rates than purchases.
  • The_Urbanite
    The_Urbanite Posts: 359 Forumite
    Part of the Furniture 100 Posts
    edited 25 May 2020 at 9:51PM
    IAMIAM said:
    Will I still get cash advance fees currently?
    The only way to find out is to try it.

    At the moment Revolut appear to have two different merchant accounts for top ups. They send some customers to one which Barclaycard will charge a fee and immediate interest for. And others to one which Barclaycard don't charge for.

    Nobody on here can accurately advise which one Revolut will send you to. Best way to avoid the fee for sure is to top up with a debit card or bank transfer.

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