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What is Revolut?
It is a digital financial institution. It started in 2015 offering cheap currency conversion as a travel card and has now become a bank.
The fastest growing online bank with the widest variety of features, and the first choice for frequent travelers. You may not be able to change your bank in the UK.
Although it wasn't operating as a bank when it was founded, it's slowly morphing into one, receiving a comprehensive banking license from the European Reserve Bank in December 2018. So Revolut doesn't have your money. Use Barclays and Lloyds for this. In early 2021, I applied for a UK financial authorization and a US financial institution card. Since it is not yet a bank, it does not offer any financial protection up front.
The pros and cons of rebellion
Benefits
You can upgrade and save a lot of money
Additional features (such as cryptocurrency conversion and single-use digital cards) have been added.
Bonus subscription options with practical benefits (eg, travel insurance).
harassment.
Consumer accounts may be temporarily frozen for restrictive reasons.
You have financial authorization. No checking accounts yet (no advance payment or guaranteed standing order, only direct debit in EUR and GBP).
Weak consumer support.
Evidence for the 2022 revolution.
Revolution Fee - 3.1.
Account opening and maintenance fees.
Account opening is free and account maintenance is free with no monthly fees.
card fees.
For the free plan, it will cost you €5.99 / £4.99 to send your first physical card. This is available for free on a Premium account.
ATM fees.
Free withdrawals from any ATM up to €200 / £200 per month plus 2% fee.
It's free to transfer money from your Revolut account to any other bank in the world with regular payments, as well as transfers of the same funds. Payment is made using SWIFT.
currency exchange rate.
During the week, Revolut offers competitive tariff changes with a wide range of buying and selling prices compared to third-party market rates. This is just like making an international transfer and using an ATM to withdraw money.
Currency trading with Revolut is free up to €1,000 / £1,000 per month during the week, but this amount will incur a fee of 0.5%.
On weekends, exchange rates are stable and spreads on both free and paid account strategies.
loading goods.
Revolution does not charge any fees when you use a card from another financial institution to top up your account.
Revolut Account Opening - 5.0
Opening an account on Revolut is very easy: it only takes a few minutes to do it on your phone, and you'll no doubt receive your physical card after a few days.
revolutionary country
Revolut is available in countries in the European Economic Area, Switzerland, Australia and the United States as of March 2020.
Currency exchange
When it comes to money management, there is a difference in the money they have available, the money they use in the bank account, the money they can keep in the app, and how much money they can increase your account.
Current accounts
Includes 28 currencies: UAE Dirham, Australian Dollar, BGN, Canadian Dollar, Swiss Franc, Czech Koruna, GBP, HKD, HRK, ILS, ISK, Japanese Yen, MAD, MXN, NOK, NZD, PLN, QAR, RON, RSD , RUB, SAR, SEK, SGD, THB, SHOT, USD, ZAR.
Money in the app
There are 35 currencies that you can use to trade currencies in the app: AED, AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, ILS, INR, ISK, JPY, MAD, MXN, MYR, NOK, NZD, PHP, PLN, QAR, RON, RSD, RUB, SAR, SEK, SGD, THB, TRY, USD, ZAR.
You can top up your Revolut account with 15 currencies: AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, JPY, NOK, PLN, RON, SEK, USD, ZAR.
Change card summary
Revolut cards are available from MasterCard and Visa. You can't choose your favorite, so what you get will be a surprise. In both the premium packages, you can choose a design for your cards from several colors, such as gray or rose gold, which are not available in the free plan.
Revolut bonuses reflect the benefits.
Revolut has two currency rates. The first is called Premium and will set you back €7.99 / JPY 6.99 per month. The top tier, called Steel, will set you back €13.99 / ¥12.99. An added bonus here is that the physical card is a metal card instead of the standard plastic card.
way to promote revolution
In Revolut, you can use the following methods:
Transforming the financial industry
credit/debit card
Apple Pay
Revolution Watcher 2022
Revolutionary financial services
While Revolut is still a full-fledged financial institution, in some ways it does just as well and better than your main bank:
You can sort your expenses by transaction type (such as shopping and restaurants).
You can set monthly budget plans and salary targets for everyone and for different salary groups.
You can send money to other Revolut users instantly and for free. You can also file a claim with another person.
It also makes smart savings, Revolut aggregates the amount of money you invest and saves the difference for savings.
In this way, individual costs can be saved for ease of installation and management.
It bears the correct number, but only in Euros.
You can set up Apple Pay in some countries.
You can set up Google Pay in some countries.
You can use 3D to securely access the Internet.
Change the interest rate on your savings account.
others can.
But in absence, there are a few features that stand out in comparison:
Joint accounts are not offered.
Anticipating the Revolution, 2022
Although you can only use Revolut through its mobile app and it is not available as a desktop website, it has many different additional features.
personal financing
Telephone insurance plan
travel insurance
card online
Buy cryptocurrency
Anticipating the Revolution, 2022
Revolut Customer Care - 1.8
You can tell Revolut:
live chat
Phone: Phone support is automatic and can only be used to block your card.
Customer support is available 24/7. However, sometimes, finding the right answer can be difficult.
MasterCard and Visa offer Revolut cards. In both coin strategies, you can choose a color for your cards from a pair of colors, such as gray or rose gold, which is not available in the full strategy.
Revolut comes with two payment rates. The first is called Paid, and it costs €7.99 / JPY 6.99 per month. The plus here is that the physical card is a metal card instead of the original plastic card.
