Why is Revolut charging me a fee?
Gefragt von: Manja Seifertsternezahl: 4.9/5 (46 sternebewertungen)
Revolut charges fees for specific services like cash withdrawals (above free limits), foreign currency exchanges, international transfers, certain card orders/deliveries, using Revolut.Me or Payment Links as a merchant, or if you've upgraded to a paid plan with different limits, but generally, basic account use is free with limits on free services. Check your app's 'Fees' section for exact charges, as they vary by plan and activity.
How to avoid paying fees on Revolut?
Always pay in the local currency
If prompted, choose to pay in the local currency and reject any exchanges. If you have enough of the local currency, you shouldn't be charged any additional fees for exchanges by Revolut.
Does Revolut charge a monthly fee?
Revolut customers can enjoy our Standard plan for no monthly fee. You can also choose to upgrade to a paid plan to unlock improved limits and partnership benefits on Premium, Metal, or Ultra. Compare all plans and benefits side-by-side on our Plans Pricing page.
Is Revolut completely free?
Yes, Revolut offers a free Standard plan for basic money management, including free account setup and a free first card (delivery fees may apply), but it has limits and weekend fees for currency exchange. Paid plans (Plus, Premium, Metal, Ultra) offer higher limits, better rates, and perks like travel insurance or lounge access for monthly fees.
What is the downside of Revolut?
It is also important to note that Revolut is a digital only provider, so there are no branches or call centres and customer service is likely to be limited for those with the free account. Revolut's exchange rates may also sometimes be less competitive than other providers.
Why Revolut Is My Go-To Travel Card: Fee-free, Insurance & MORE!
What is the controversy with Revolut?
Revolut has been fined €3.5 million by the Lithuanian central bank over alleged deficiencies in its AML controls. Regulatory authorities found that the neobank failed to implement adequate controls to prevent money laundering and related financial crime.
Does Revolut have hidden fees?
On weekdays, it's free to exchange money, but on weekends, Revolut adds a small charge of 0.5% to 2%. This depends on which money you change and which account you have. If you have a Premium account, you pay each month, but you get extra features and higher limits for free activities.
Why is Revolut charging me fees?
We don't charge a fee for using your Revolut card to make purchases in your base currency. However, we may charge fees if you're using your card to withdraw cash or spend in another currency.
How to use Revolut without fees?
You won't pay any Revolut ATM fees if you're within your plan's monthly fair usage limits: Standard: up to £200 (or 5 withdrawals, whichever comes first) Plus: up to £200. Premium: up to £400.
Does Revolut charge you for using your card abroad?
All customers can spend, withdraw, and exchange foreign currencies during the week without additional fees, up to a certain amount based on your plan.
How does Revolut make money?
Revolut makes money through a diversified model, primarily from paid subscriptions (Premium, Metal, Ultra) offering extra perks, interchange fees (small cut from card transactions), and interest on customer deposits/lending, plus revenue from trading, loans, insurance, and business accounts, leveraging a large user base for significant fee income despite many free basic services.
Are Revolut transfers always free?
No fees apply to local and international transfers within your plan's allowance. For any transfers outside of your plan's allowance, the following fees apply: Local transfer: within the same country in the main currency of the country US$0.2.
Is it worth paying for a Revolut card?
Whether or not Revolut Premium is worth paying for depends on your money needs. If you mostly stick to everyday spending at home, the free Standard plan could be suitable. But if you travel often or spend in different currencies, the £7.99 monthly fee for a Premium account may very well be worth it.
What is the minimum balance for Revolut?
Earn up to 4% AER¹ (variable) on Ultra paid plan, paid daily. Instant access, no minimum deposit and no withdrawal fees. Join over 65+ million customers who save smarter.
Should I use Revolut abroad?
Trust us, you'll want to use your Revolut card for your future getaways and everyday spending. Simply use your travel money card while you're abroad, and we'll auto-convert your balance to the currency you're spending in at competitive rates.
What are Revolut fees?
Revolut offers free basic accounts, but fees apply for premium plans (Plus, Premium, Metal, Ultra) and for certain services like out-of-hours currency exchange (1% weekend fee), ATM withdrawals (especially out-of-network), and exceeding free allowances on paid plans for things like international transfers or currency conversions, with charges varying by plan, region, and transaction type (e.g., 0.5% fair usage fee over limits). Specific costs depend on your plan (Standard, Plus, Premium, Metal, Ultra) and location (e.g., US vs. Germany).
Is Revolut 100% free?
Revolut doesn't charge any fees for adding money via bank transfer to your account. However, there are non-Revolut fees that can be charged: Your bank might charge a fee for sending a transfer. Contact them if you ever want to know more or clarify anything about their fees.
How to avoid Revolut fees while abroad?
Always pay in the local currency
If prompted, choose to pay in the local currency and reject any exchanges. If you have enough of the local currency, you shouldn't be charged any additional fees for exchanges by Revolut.
Can I use Revolut without a subscription?
Do I have to pay to use Revolut? You can open and use a Revolut account at no cost. You can upgrade your account to one of our paid plans to save money on fees and access additional benefits. Compare all plans and benefits side-by-side on this page.
Is Revolut no longer free?
Revolut monthly fees
The Standard plan is the only one that's free of monthly fees. ¹ The other plans have monthly fees, but you can also pay for yearly membership and get a discount. Make sure you look up any recent updates on plan prices, but here's an overview of Revolut monthly fees: Standard: no monthly fee.
Are there any hidden fees with Revolut?
There are no hidden fees applied by Revolut, everything is always clearly laid out. You're probably getting a fee applied by the issuer of the ATM you're using.
Is Revolut truly free to use?
Create a Revolut account for free
Revolut offers multiple plan options, which come with higher monthly no-fee allowances, so you can exchange and send money abroad at competitive rates. And you'll pay zero transfer fees when you send money to other Revolut customers.
Why am I paying fees on Revolut?
It is a variable exchange rate (which means it is constantly changing). We think you'll really like it. The fee we charge (if one applies) is an exchange fee. This is a variable fee (which means it is constantly changing)depending on the parameters of your exchange (like what you are exchanging and when).
Is Revolut still free to use abroad?
Revolut doesn't charge fees for spending or withdrawing in a foreign currency during the week, but this fee could make it more expensive to spend at weekends. Which unfortunately, is when many people like to take mini breaks to foreign cities.
What are the disadvantages of a Revolut card?
Disadvantages or improvement areas
Revolut is a debit card, not a credit card, so you will not have the benefits of a credit card. You will be able to transfer money abroad in more than 30 currencies at interbank exchange rates. In the standard plan you will not have access to priority chat.