Revolut - Ultracheap FX (prepaid Mastercard)

Kitty6277 · 05-08-2018 1:24am

J_A_F_A wrote: »

You forgot to mention that that's per month.

That would suit me fine, I use my card mostly anyway, and I definitely would even more so if it was free instead of taking out all my money for the month and paying extra for the pleasure.

Casshern88 · 06-08-2018 11:44am

Anyone experiencin long wait times while ordering new card ?

Lost my wallet a while back and ordered a new card, was no sign of it after near 2 weeks so through the app canceled and re ordered in case was lost in the mail.

Second one had a quoted delivery date of the 2nd of this month, still no sign of it. Just wondering is this typical, can anyone who has recently ordered a card comment?

phobia2011 · 06-08-2018 2:23pm

Does a new card keep the same number?

Wheety · 07-08-2018 12:44pm

Just for those wondering about savings on Revolut. I took out £40 up North a couple of months ago and the ATM would have cost me €49 to do the exchange. Revolut cost me €45. €4 saving on such a small amount.

I bought a phone for my wife on Amazon and it cost €225 using Revolut. Amazon would have charged €235 to do the exchange and the bank even more as they would have a similar exchange rate plus a non-Euro fee.

Also someone mentioned having sterling on their Revolut account. That's fine, but you don't need to exchange anything in advance. Unless you want to take advantage of exchange rates on the day you make the exchange. I just leave everything in Euros.

MiskyBoyy · 07-08-2018 12:56pm

Wheety wrote:

Also someone mentioned having sterling on their Revolut account. That's fine, but you don't need to exchange anything in advance. Unless you want to take advantage of exchange rates on the day you make the exchange. I just leave everything in Euros.

Or if you plan to spend a bit of sterling on the weekend, it's wise to exchange from euro the Friday as they raise the rate for the weekend in case of fluctuations.

5star02707 · 07-08-2018 1:01pm

If you have set up Euros, GBP and USD

How does Revolut determine which currency to use when you're paying by your card?

TheChizler · 07-08-2018 1:07pm

5star02707 wrote: »

If you have set up Euros, GBP and USD

How does Revolut determine which currency to use when you're paying by your card?

https://www.revolut.com/ie/help/exploring-revolut/spending/how-will-my-currency-balances-be-deducted-for-spending

5star02707 · 07-08-2018 1:10pm

TheChizler wrote: »

https://www.revolut.com/ie/help/exploring-revolut/spending/how-will-my-currency-balances-be-deducted-for-spending

Thanks

Your card will auto-convert your balance to the currency you're spending in at the best available rate, so you don't have to pre-purchase currencies. You can currently only hold and exchange between USD, GBP, EUR, PLN, CHF, DKK, NOK, SEK, RON, SGD, HKD, AUD, NZD, TRY, ILS, AED, CAD, HUF, JPY, MAD, CZK, QAR, THB, and ZAR on the app. The card selects which currency to use in the following order:

got it so the order is

USD - GBP - Euro

thanks

msmx5 · 07-08-2018 1:47pm

5star02707 wrote: »

got it so the order is

USD - GBP - Euro

Obviously if you have sufficient credit in the currency of your transaction that will be used first.

irishgeo · 07-08-2018 3:01pm

anyone make a claim on their phone insurance?

maximoose · 07-08-2018 3:31pm

Doing so today after I dropped it ffs.

I'll report back.

irishgeo · 07-08-2018 3:34pm

maximoose wrote: »

Doing so today after I dropped it ffs.

I'll report back.

i dropped mine too, not sure if i should say its my fault or not.

maximoose · 07-08-2018 3:37pm

Accidental breakage is covered, so don't see the harm. I've lodged my claim now anyway, waiting for someone to contact me back.

Got a DHL express label sent to me, will send the phone off tomorrow.

Kitty6277 · 07-08-2018 3:45pm

Thanks for all the advice everyone, went ahead and ordered my card today

msmx5 · 07-08-2018 6:27pm

I know Revolut Mastercards work with Google Pay, I added min a few weeks ago.

But today, I notice the Google Pay help page from within the Android Google Pay app now shows Revolut (albeit with an invalid link) and lists Supported cards [Mastercard] and Unsupported cards [Visa Cards].

Hopefully it won't be long until until Visa is supported too!

lucast2007us · 07-08-2018 7:40pm

So if I want to buy stuff on Amazon UK I just load my revolut card with pounds sterling using my debit card?

Davy · 07-08-2018 7:51pm

lucast2007us wrote: »

So if I want to buy stuff on Amazon UK I just load my revolut card with pounds sterling using my debit card?

Assuming your debit card is euro,,, you should not load Revolut in sterling as you will be charged fees.

Use whatever currency the bank card default is, then convert in Revolut if you wish. If you leave funds in Euro only, Revolut will still automatically take out the amount from euro but pay in the transaction currency without you having to do anything.

lucast2007us · 07-08-2018 7:53pm

Davy wrote:

Assuming your debit card is euro,,, you should not load Revolut in sterling as you will be charged fees.

Yes thanks it's my bank of Ireland visa so that's good to know

OldMrBrennan83 · 07-08-2018 7:54pm

Is the phone insurance available here?

Davy · 07-08-2018 8:02pm

Patww79 wrote: »

Is the phone insurance available here?

Via premium plan only here afaik.

Its available standalone in the UK

OldMrBrennan83 · 07-08-2018 8:09pm

Davy wrote: »

Via premium plan only here afaik.

Its available standalone in the UK

Might be worth the upgrade so, I didn't realise they had it at all yet here. Though be worth seeing how a claim goes for someone first.

Wheety · 07-08-2018 8:25pm

lucast2007us wrote: »

So if I want to buy stuff on Amazon UK I just load my revolut card with pounds sterling using my debit card?

I just top up in Euro and have never converted it. Revolut will do the conversion anyway.

igCorcaigh · 07-08-2018 8:29pm

Yeah, I think that's the point of revolut.
Top up in € and spend wherever, and always refuse offers to exchange currency.

So ask to spend in local currency, and revolut will convert automatically. From your € account.

Right?

clio_16v · 07-08-2018 8:30pm

Could this be used to covert large amounts of money?

MidMan25 · 07-08-2018 8:45pm

Patww79 wrote: »

Might be worth the upgrade so, I didn't realise they had it at all yet here. Though be worth seeing how a claim goes for someone first.

It's not available in Ireland yet even on premium.

irishgeo · 07-08-2018 8:52pm

maximoose wrote: »

Accidental breakage is covered, so don't see the harm. I've lodged my claim now anyway, waiting for someone to contact me back.

Got a DHL express label sent to me, will send the phone off tomorrow.

Must back up mine first.

long_b · 07-08-2018 9:51pm

clio_16v wrote: »

Could this be used to covert large amounts of money?

Currency exchange transactions
Free currency exchange transactions up to £5,000/€5,000 per month.
Anything over is charged 0.5%

EagererBeaver · 07-08-2018 11:24pm

igCorcaigh wrote: »

Yeah, I think that's the point of revolut.
Top up in € and spend wherever, and always refuse offers to exchange currency.

So ask to spend in local currency, and revolut will convert automatically. From your € account.

Right?

Yes but your rate will likely be inferior if your purchase is at the weekend rather than converting in advance.

irishgeo · 08-08-2018 5:53am

maximoose wrote: »

Accidental breakage is covered, so don't see the harm. I've lodged my claim now anyway, waiting for someone to contact me back.

Got a DHL express label sent to me, will send the phone off tomorrow.

Where it go back too?
Any indication of a time line on repair?
Do they say back up your data?

maximoose · 08-08-2018 8:56am

irishgeo wrote: »

Where it go back too?
Any indication of a time line on repair?
Do they say back up your data?

It's going to some repair unit in Lithuania.

They do request you to back up everything yeah, doesn't give much of a timeline other than "after a short inspection"

The insurance is via simplesurance.de

Revolut - Ultracheap FX (prepaid Mastercard)

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