78°
EXPIRED
Revolut Prepaid Mastercard+Bank A/c+Fee Free Currency no use fees @ Revolut
Revolut Prepaid Mastercard+Bank A/c+Fee Free Currency no use fees @ Revolut

Revolut Prepaid Mastercard+Bank A/c+Fee Free Currency no use fees @ Revolut

Buy forBuy forBuy for£5
GETGet dealVisit site and get deal
Yes there are a lot of prepaid cards about.. however read on..
NO £100 topup required unlike the main other !

So I've been with Mondo/Monzo for a long time now and its my daily use card as i like the security of no access to my bank account. I wanted a 2nd card paypal and cheep china sites. I actually considered it being an ideal card for the kids that i can control (compared to those kid designed cards that charge you a fortune or monthly fee).

I decided to give Revolut a spin last week as it only requires a £10 topup, compared to £100 with mondo and the card only costs £5 (decided i didn't mind the charge for the card as i didn't want to have to top-up £100. The card arrived in 2 days with my name on it as well which surprised me.

You can even get your card virtual if you want it straight away..with no waiting and ideal if you intend just using online. However get the physical card as you still get the virtual details in the app as well.

You get a real UK bank account number (Barclays sort code) straight away for paying money in like wages etc.

Disable card, set pin, set limits, Disable contactless and magstripe all within the app as well as support.. pretty much what mondo does.

You can have £, $ and € and many more and move your balance around to use the account as a currency card instead.

The rate you get for currency spends is the same as the banks get so you get a really good rate so no worries about getting currency cards to go on holiday or topups like fairfx.

Overall very impressed and i didn't have to provide any lengthy details in the app. If you want to upgrade the account or are going to topup using another address registered card i believe you have to send a driving license copy within the app.

Make sure you topup with a card at the start thats registered to the same address and in the same name as it speeds up everything

29 Comments

What are the atm limits? Used it in Spain last year but think they introduced a limit per month now, I didn't pay for the card though so possibly different.

Original Poster

Using Revolut to send, spend, withdraw and exchange in a foreign currency is free for the first £5,000 / €6,000 / $6,000 (or equivalent) per calendar month. A 0.5% fee will apply to any further cross-currency transactions performed during the same calendar month.

ATM usage is free for up to £200 (€200/$200) a month, after which there will be a 2% fee applied to further ATM withdrawals until the end of the month. For example, if you withdrew £250 in one month, this would only cost you £1.

Card spending is limited to £30,000 or equivalent per year with a sublimit of £5,000 or equivalent per 96 hours meaning that you cannot exceed £5,000 or equivalent in card spending in a 96 hour period. Cash withdrawals from ATMs are limited to £2,000 or equivalent per day.

tek-monkey

What are the atm limits? Used it in Spain last year but think they … What are the atm limits? Used it in Spain last year but think they introduced a limit per month now, I didn't pay for the card though so possibly different.


They have reduced fee free atm limit from £500 to just £200, 2% over it.

I had a complete nightmare with this company when they were featured on here once before. I signed up and deposited a tenner, only for the account to almost instantly be 'blocked' for no good reason. I emailed them and was told that as a security measure I'd have to scan in my passport and so on. I don't know this company so saw this as being an overly intrusive request. Therefore I said I wanted to close the account and was told I'd need to unlock the account first (via sending a passport photo) to even do that!! I then emailed the ceo and a couple of others but got nowhere since they didn't reply so just deleted the app. A crap experience. Avoid.


Edited by: "ihaveaquestion" 14th Apr

Original Poster

had no issues and no id requested.
I just had a look at its mentioned on MSE as well
"Revolut's card provider Optimal Payments is FCA-regulated, meaning money you deposit is ring-fenced (in a Barclays account), so in the event there are problems with Revolut, the money's safe."

I thought they would need proof of I'd anyway, to get around money laundering issues? Pretty sure I was told if I used it over a certain amount I'd have to, was a while ago though.

ihaveaquestion

I had a complete nightmare with this company when they were featured on … I had a complete nightmare with this company when they were featured on here once before. I signed up and deposited a tenner, only for the account to almost instantly be 'blocked' for no good reason. I emailed them and was told that as a security measure I'd have to scan in my passport and so on. I don't know this company so saw this as being an overly intrusive request. Therefore I said I wanted to close the account and was told I'd need to unlock the account first (via sending a passport photo) to even do that!! I then emailed the ceo and a couple of others but got nowhere since they didn't reply so just deleted the app. A crap experience. Avoid.




U should have charged back the £10 through your bank

Does this card give you instant tracking of spending like I believe mondo does?

tri_94

Does this card give you instant tracking of spending like I believe mondo … Does this card give you instant tracking of spending like I believe mondo does?


Every time I used it for contactless payment the app notifies me within a few seconds

opaninkofi

U should have charged back the £10 through your bank



Agreed. I think I was just more bewildered at the time that something advertised as being convenient was a nightmare, with a shrug of the shoulders from their 'support'.

What billing address would be used when making a payment using this card?

We've used this for the last 2 years, it's a great card never had any problems with it! Been used in Europe and America. The card was free when I signed up originally and it's a shame they've reduced the ATM limit but it still works out a lot cheaper than other methods and the convenience is brilliant.

I've used this card in USA, Ireland and New Zealand. When it works it's awesome, but when there's an issue, support is slow to respond. Make sure you have a backup payment card or cash, I got caught short on more than one occasion

Signed up 3 months ago, paid £5 for the card and it work realy well in Europe and South America. SAved a fortune already on FX conversion fees, etc. Exchange rate is good and instant tracking of expenditure; I am glad I got i..

Good card had one for the last 18 month ish.

Use it on holiday, online purchases from china etc and when I am on the drink.

Never had a problem with it and works well with the app.

Best prepaid card around without a doubt

So im moving to Holland next month and looking for the best/cheapest way to transfer funds to my partner who is going to be statying in the UK for 6-12 months. Would this card be suitable for monthly transfers from Euro to Sterling?

Scottio2003169

So im moving to Holland next month and looking for the best/cheapest way … So im moving to Holland next month and looking for the best/cheapest way to transfer funds to my partner who is going to be statying in the UK for 6-12 months. Would this card be suitable for monthly transfers from Euro to Sterling?


I'd suggest a specialist money transfer for large regular payments £1500+ such as TransferWise or FRIDAY Exchange or alternative as the exchange rate is fractionally better, but this works well and is very convenient.

I use a combination of all 3 on a regular basis. Revolut for card transactions (where I don't need credit card protection - Use Nationwide or Halifax cards for those), TransferWise for cash transfers into Euros less than £2000 and FC Exchange for larger transfers.

Considering you can top up £100 with Monzo and draw it back out 2 days later at a cash machine, I'd say Monzo is better. Not only that, but as the difference between Mastercard rates and interbank rates are so tiny, you'd have to do some serious spending abroad to make your money back, but make sure you don't do it on a weekend, as Revolut add a premium to Friday's closing rate, making it worse off than mastercard's rate...

EDIT: also Revolut's customer service is garbage. Message for an agent and don't get a reply for 2 working days, then woke up one morning with two messages from them, one at 6am asking how they could help (even though I already messaged them with my enquiry) and another an hour later saying well if you need help get in touch, so had to wait a day for another reply. And their answers are always ****, "try turning it on and off again", "wait for a couple hours and try again"... you get the idea.


Edited by: "Conchiron" 16th Apr

The £100 top up for Monzo really shouldn't put anybody off. You can withdraw that money as soon as you get the card and put it back into your bank account if you wish., no fees whatsoever.

used this in dubai on holiday. excellent service and easy to use. top up using apple pay and pay at any place. only downside was did not work with Careem so had to use Uber which is more expensive in dubai.

£200 ATM limit is a bit low as well but they have launch revolut premium for heavy users.

I assumed the main one was Pockit. Theirs costs a saner 99p, though having to pay to actually give a business a hold of your money is certainly off-putting.

Original Poster

pocket i find worked out to expensive.. 99p for every topup

I don't like monzo as it requires you to receive an email to open the app. My Google Gmail in box was full. Luckily I had my kangaroo pc with me and freed space this evening but I'd already had an unpleasant day with no money. I am linking it to a fresh Gmail that I only use for this when I get back f Google f

pengwyn6 h, 9 m ago

I don't like monzo as it requires you to receive an email to open the app. …I don't like monzo as it requires you to receive an email to open the app. My Google Gmail in box was full. Luckily I had my kangaroo pc with me and freed space this evening but I'd already had an unpleasant day with no money. I am linking it to a fresh Gmail that I only use for this when I get back f Google f


How did you manage to ill your inbox on gmail?

googleboogle

How did you manage to ill your inbox on gmail?




Must have signed up to too many porn sites...

Got both cards and prefer Monzo...when I was in the USA using Revolut the card would decline the first time and go through the second but charge me twice and i'd have to wait for them to cancel the first transaction, did it for about 4 or 5 days, since then i've got a Monzo card and it seems much more reliable...although I did like that you can exchange the money on Rev and lock in the exchange rate since it seems to drop every time Teresa May makes a speech...

I have a golden ticket for Monzo if anyone wants an account without having to wait, pm me.

googleboogle

How did you manage to ill your inbox on gmail?


I loaded my Google drive with my personal photos and I'd used all 15gb it didn't say anything just stopped working. I've linked monzo to my backup gmail now

Original Poster

Sterling Bank is also now a good one, you get a real sort code and account number so you can bacs money in

googleboogle6th Jul

How did you manage to ill your inbox on gmail?


I dont like them as they don't accept non UK clients *haha*
Post a comment
Avatar
@
    Text