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Revolut Premium - be careful signing up!

I signed up with Revolut before traveling abroad and accidentally, selected the Premium account (this is very easy, as they don't make it clear on the app).  Only afterwards when I read the Ts and Cs did I realise that they charge a monthly fee and after the cooling off period where you can cancel, you're locked in for 10 months! They also charge you £17 to cancel if you select a physical card (which I did).
I'm not very tech-savvy, and others may have seen this coming. Clearly, how they make their cash!!

Comments

  • I have singed up several times and it has always been clear to me. Were you in a rush?
  • Eyeful
    Eyeful Posts: 1,261 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Are you saying it took longer than the cooling off period, to find out you had selected the wrong Revolut account?
    If so why did it take so long?
  • Your app must be different than mine - it displays Upgrade Plan, £6.99/month and 12 month contract quite clearly.  The monthly cost is repeated several times too.

    There is nothing technical in any of that and would be very similar if in printed form. 
  • jbrassy
    jbrassy Posts: 1,048 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    I would suggest ditching Revolut. It's nowhere near as good as it was when it first started years ago. Too many fees and limits on the free service have ruined it and the customer service is atrocious. 

    Chase bank and Starling are much better. Both have no fees or limits for spending and ATM withdrawals abroad.
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