Adding Fund / Money to Revolut using Debitcard??

adindas

I wonder if you add money £500 to your Revolut Account using Halifax Debit card. Will it meet the requirement for Halifax Reward e.g Spending £500 or more using your debit card?

PRAISETHESUN

Any cleared debit card spend counts towards the Halifax Reward Current Account funding requirement - Revolut (or any savings account that accepts payments by debit card really) can be used to meet this requirement.

colsten

Revolut and some others may take a dim view of such shenanigans. Easy to catch yourself a CIFAS marker for "abuse of facility", or at least a blocked/closed account.

ceremony

colsten said:

Revolut and some others may take a dim view of such shenanigans. Easy to catch yourself a CIFAS marker for "abuse of facility", or at least a blocked/closed account.

Has there been examples of that happening before?

These days I think it's pretty common for people to have multiple bank accounts. I have one that my income goes into and that I use for paying bills. My bank doesn't have throwaway debit card numbers, so I use Revolut for that if I'm spending online on a site I don't trust.

I then have another account that I use when I'm traveling. I'm paranoid because I had my bag and wallet stolen several years ago, so I prefer to leave my 'real cards' at home.

OP could easily make the case that their Halifax is for bills (or whatever) and they transfer a fixed amount to Revolut each month for ease of budgeting.

[Deleted User]

I'd be more concerned that Revolut freezes or closes the account with the £500 inside.

You should (they aren't a full bank) get the funds eventually but after jumping through lots of their hoops. 

TheMightySwordfish

I use Revolut exactly for this, also Coop and TSB. No issues and can get the money back straight away if needed. I’ve not had to get on to CS so can't comment on them.

adindas

Deleted User said:

I'd be more concerned that Revolut freezes or closes the account with the £500 inside.

You should (they aren't a full bank) get the funds eventually but after jumping through lots of their hoops. 

Not in my personal experience. I have £500+ in my revolut account for more than a few months in many occasions. I have been having revolut since 2015, never has a problem with them. £500 in the account is very small to trigger a money laundry enquiry.

enterprising2016

I recently topped up Revolut a few times using Curve card (Curve cash balance) before transferring the funds out only the following days. It was not long before I received this warning. They have not frozen my Revolut account nevertheless. But I do wonder if Revolut has erraneously treated Curve card as a credit card.

I had some refunds to Curve card which were processed into Curve card. They were not refunded directly to underlying credit cards as the original transactions were several months ago.

colsten

I reckon you should treat this a final warning.