Revolut Card

(Koen) #1

Hi I was using the Revolut Card (using Premium plan) and was quite happy with it.
Support is fast, easy to keep currencies and cheap transfers.

Anyone who has compared this against N26? As I feel this is at the moment the easiest to have while travelling if you have your funds in Europe?

Any drawbacks with this Revolut card?

(Thomas K. Running) #2

Hi @koen.vanbesien and welcome to the community!

I also use Revolut (Premium) together with N26 and other banks. It’s especially amazing for transferring money between currencies (as long as you avoid weekends). :money_with_wings:

The main drawbacks are:

  • FX markups on some currencies (they don’t use Mastercard’s rates, but their own which might be better or worse)
  • FX markup on all currencies on weekends (Friday evening to Monday morning, UK time). Generally 0.5-1% extra markup compared to weekdays.
  • It’s not an actual bank account, meaning your money isn’t protected by any government guarantees
  • Limited free ATM withdrawals
  • A bit disorganized and buggy support
  • Their payment processor has had some outages. Let’s see if that improves next year when they will start processing their own payments. Given how buggy the app is at times, I am not too confident that it will be an improvement.

Personally I recommend getting both Revolut and N26. Both are free for the basic versions, and they are quite complimentary. :ok_hand:

(Federico MartĂ­n Alconada Verzini) #3

Revolut is quite good, and I really didn’t have problems with the support (I have the premium version). I also have N26, but I don’t know, somehow, I like Revolut more.

I think that both are doing a great job and they are working hard to have more features on board (like airport lounges for instance).

(Myriam Haar) #4

I just opened an account with N26. Curious to see how that works although it might not answer my need for freedom as I thought it would, but it’s a start in the digital world of banking.