Revolut Premium Card
The most known fintech in Europe offering their digital banking alternative. Easy to open, if you are traveling more than once a month, it’s a good solution to save up on banking fees. Free withdrawal up to 400£ per month and no fee on exchange rate beside week-ends. For 7.99€ per month, you have access to travel insurance and cryptocurrency and have priority against free account for customer support.
Score
Likes
- Cryptocurrency
- Inter. ATM transaction up to 400€
- App very user friendly
- Fast Bank transfer free
- Virtual Card for online payment
- 3D Secure Technology
Dislikes
- Banking license no operational
Languages
| Open account | Close account | Domestic ATM Transaction | International ATM Transaction | Foreign exchange fee | Monthly service fee | Loading fee | Shipping cost |
|---|---|---|---|---|---|---|---|
| Free | Free | Up to 400€ free or 2% | Up to 400€ free or 2% | Free | 7.99€ | Free | Free |
| Network | Insurance | Rewards | Card type | App | Transfer between user | Physical Card | Virtual Card | Apple Pay | Android Pay |
|---|---|---|---|---|---|---|---|---|---|
| Mastercard or Visa | No | Yes *Beta | Prepaid | Yes | Yes | Yes | Yes | Yes | Yes |
| Value dail online transaction | Single ATM transaction limit | Daily ATM withdrawal limit | Monthly ATM withdrawal limit | Max single top-up value | Max daily load | Max daily limit bank transfers |
|---|---|---|---|---|---|---|
| – | – | 3000 GBP | Unlimited | – | – | – |
| Multiple currency | Currency | Country avaibility |
|---|---|---|
| Yes | USD / GBP / EUR / AUD / CAD / NZD / CHF / JPY / SEK / HKD / NOK / SGD / DKK / PLN / MXN | EU + Switzerland + Australia + Singapore |
| Bitcoin | Other crypto | Transfer In/Out crypto | Without KYC |
|---|---|---|---|
| Yes | No | No | No |
| IBAN | Country IBAN | Wire transfer | Trading | Banking license |
|---|---|---|---|---|
| Yes | EU | Yes | Crypto + Traditional *Coming Soon | Yes *Granted but not operational |
Frequently asked questions
Revolut is making money with interchange fees, subscriptions and subscriptions on business accounts. You can have more details by reading this article.
Revolut is not yet a bank. It received a banking licence but it does not yet operational. Actually, Revolut is money transmitter institution. So customer funds are not guaranteed by the Financial Services Compensation Scheme (FSCS) in the UK. But Revolut has to keep their customer funds separated from their own funds.
You can use your card everywhere in the world where cards are accepted on the network the card was issued (Visa/Mastercard, Maestro)
