The Revolut card has quickly become a favorite for those looking to manage their finances effortlessly, locally and internationally.
It offers low fees, multi-currency accounts, and robust security features for modern spending needs.
Here’s a look at the top benefits Revolut brings and a simple guide on how to apply.
Key Benefits of the Revolut Card
The Revolut card offers a range of benefits that make managing money simpler and more flexible.
Here’s a quick look at the standout features that set it apart:
- Zero or Low Fees on International Transactions – Enjoy competitive foreign exchange rates with minimal fees.
- Multi-Currency Accounts – Hold, convert, and spend in multiple currencies from a single account.
- Expense Management and Budgeting Tools – Use in-app tools to track spending, set budgets, and save easily.
- Advanced Security Features – Access features like card freeze/unfreeze location-based security and virtual cards for safe online shopping.
- Access to Cryptocurrencies and Stock Trading – Invest in crypto or stocks directly through the app.
- Fee-Free ATM Withdrawals (up to a Limit) – Withdraw cash without fees up to a set monthly limit, depending on the plan.
- Cashback and Rewards – Higher tiers offer cashback on purchases and exclusive perks.
Revolut Card Types and Plan Options
Revolut offers a variety of card types and plans to cater to different financial needs. Here’s a breakdown of the available options:
- Standard Plan: Free account with essential features, including a physical card and access to multi-currency accounts.
- Plus Plan: At £3.99/month, this plan offers additional benefits like priority customer support and enhanced spending protection.
- Premium Plan: At £7.99/month, this plan includes higher fee-free ATM withdrawal limits, travel insurance, and exclusive card designs.
- Metal Plan: For £14.99/month, users receive all Premium benefits plus a metal card, cashback on purchases, and other premium perks.
- Ultra Plan: The top-tier plan at £45/month, offering the most comprehensive benefits, including a platinum-plated card and exclusive lifestyle perks.
Step-by-Step Guide to Applying for a Revolut Card
Getting the card is straightforward and can be completed within minutes through the Revolut app. Here’s a step-by-step guide to get started:
- Download the Revolut App – Find and install the app on your smartphone.
- Sign Up and Verify Your Identity – Create an account and complete identity verification by uploading a photo ID and a selfie.
- Choose Your Plan – Select from the Standard, Plus, Premium, Metal, or Ultra plans based on your needs.
- Order Your Physical or Virtual Card – Order a physical card to be delivered or activate a virtual card for immediate use.
- Add Funds to Start Using the Card – Link a bank account or use other payment methods to add funds and begin transactions.
Eligibility Requirements
To open an account and obtain a card, you must meet the following eligibility criteria:
- Age Requirement: You must be at least 18 years old.
- Residency: You should legally reside in a supported country where Revolut operates.
- Personal Information: Provide a valid mobile phone number, email address, and personal details such as your current address, date of birth, and full name.
- Identity Verification: Submit a valid government-issued ID and a selfie for verification purposes.
Revolut Card Fees
Understanding the charges associated with the card is essential for effective financial planning. Here’s a detailed breakdown:
Monthly Subscription Fees:
- Standard Plan: No monthly fee
- Plus Plan: £3.99 per month
- Premium Plan: £7.99 per month
- Metal Plan: £14.99 per month
- Ultra Plan: £45 per month
Card Issuance and Delivery:
- First Physical Card: Free issuance; delivery fees apply
- Standard Delivery: £0 to £5, depending on location
- Express Delivery: £19.99
- Additional Physical Cards: £5 per card, plus delivery fees
- Virtual Cards: Free for the first card; £5 for each additional card
ATM Withdrawals:
- Standard Plan: Free withdrawals up to £200 or 5 withdrawals per rolling month; thereafter, a 2% fee applies, with a minimum of £1 per withdrawal.
- Plus Plan: Free withdrawals up to £200 per rolling month; a 2% fee applies afterward.
- Premium Plan: Free withdrawals up to £400 per rolling month; a 2% fee applies afterward.
- Metal Plan: Free withdrawals up to £800 per rolling month; a 2% fee applies afterward.
- Ultra Plan: Free withdrawals up to £2,000 per rolling month; a 2% fee applies afterward.
Currency Exchange:
- Standard Plan: Free exchanges up to £1,000 per month; a 1% fair usage fee applies afterward.
- Plus Plan: Free exchanges up to £3,000 per month; thereafter, a 0.5% fair usage fee applies.
- Premium, Metal, and Ultra Plans: Unlimited free exchanges.
International Transfers:
- Standard Plan: Fees vary based on currency and destination; typically up to 0.3% with a minimum of £0.30 and a maximum of £5.
- Plus Plan: 20% discount on Standard fees.
- Premium Plan: 40% discount on Standard fees.
- Metal Plan: Free international transfers.
- Ultra Plan: Free international transfers.
Card Top-Up Fees:
- UK or EEA Issued Cards: Free.
- Non-UK/EEA Issued Cards: A small fee may apply; the exact amount is displayed in-app before confirmation.
Please note that fees and limits are subject to change. Always refer to the latest information in the Revolut app or their official website.
Revolut Card for Travelers
For travelers, the Revolut card offers features that simplify managing money abroad. Here’s how it benefits travelers:
- Fee-Free Currency Exchange: Access competitive exchange rates, with no fees up to set limits (unlimited on Premium, Metal, and Ultra plans).
- Multi-Currency Accounts: Hold and spend multiple currencies from one account, reducing conversion costs and hassles.
- Global ATM Access: Withdraw cash internationally with free limits based on plan; Standard users get £200/month, while Metal users get up to £800.
- Travel Insurance: Premium and Metal plans offer travel insurance for emergencies, delays, and lost luggage.
- Virtual Cards for Secure Payments: Use virtual cards for secure online bookings, reducing fraud risk.
- Instant Notifications and Budgeting Tools: Get transaction alerts and use budgeting tools to track spending across countries.
- Emergency Card Freeze and Location-Based Security: Freeze your card if lost and enable location-based security for added protection abroad.
Customer Support and Resources
Revolut offers several customer support channels to assist users effectively. Here’s how you can reach them:
- In-App Chat Support: Access 24/7 support through the Revolut app by navigating to your profile and selecting ‘Help’ > ‘Get more help’.
- Help Centre: Explore detailed articles and FAQs at Revolut’s Help Centre.
- Email Support: For specific inquiries, contact Revolut via email at [email protected].
- Automated Phone Line: To block your card, call +442033228352. Note: This line doesn’t connect to live agents.
- Mailing Address: Revolut Ltd is registered at 7 Westferry Circus, Canary Wharf, London, England, E14 4HD.
These resources are designed to provide comprehensive support for all your Revolut-related needs.
To Wrap Up
The Revolut card offers flexible, low-cost solutions for everyday and travel needs.
It’s designed for convenient financial management, with features like multi-currency accounts, robust security, and a range of plans.
Start your application today to experience the benefits firsthand.
Disclaimer
This information is provided for general informational purposes and does not constitute financial advice.
Please review the latest terms and conditions from Revolut directly, as fees, features, and eligibility requirements may vary.
