Revolut - Ultracheap FX (prepaid Mastercard)

AndrewJRenko

Davy wrote: »

Yes, you can use the same account on multiple devices. You just cant have multiple accounts excluding business accounts.

When I try to login on the new device, it asks for the old phone number, and then puts me through to an agent who is looking for ID to prove that I'm the account holder. They tell me that I can't be on two devices simultaenously, and that I have to log out of one device before I login to the other.

Davy

AndrewJRenko wrote: »

When I try to login on the new device, it asks for the old phone number, and then puts me through to an agent who is looking for ID to prove that I'm the account holder. They tell me that I can't be on two devices simultaenously, and that I have to log out of one device before I login to the other.

Unless its changed recently. I had the same account on 2 devices for about 2 years. I cant remember the exact steps I did but it was straight forward at the time.

killbillvol2

Davy wrote: »

Unless its changed recently. I had the same account on 2 devices for about 2 years. I cant remember the exact steps I did but it was straight forward at the time.

I have it wirking on two devices as of two minutes ago.

Nigel Fairservice

killbillvol2 wrote: »

I have it wirking on two devices as of two minutes ago.

Same here. Have it going on my phone and tablet.

nc6000

McGaggs wrote: »

Bought a sandwich in the north with Revolut card. Wife used aib card for hers. It cost me 48cent less.

I don't see any other threads on this but after a recent trip to the UK I see AIB have started adding in FX fees for transactions made both in the UK and even ones made through GBP on Amazon. For example, on an 88p Kindle purchase on Amazon AIB added a 45 cent fee which is ridiculous.

Does anyone know when these fees were introduced?

5star02707

nc6000 wrote: »

I don't see any other threads on this but after a recent trip to the UK I see AIB have started adding in FX fees for transactions made both in the UK and even ones made through GBP on Amazon. For example, on an 88p Kindle purchase on Amazon AIB added a 45 cent fee which is ridiculous.

Does anyone know when these fees were introduced?

there has always been an FX charge since i can remember, that's why it's good to have either N26, Revolut or Transferwise to avoid those fees

suave.4u

Hi Guys,

I work part time and my employer has an AIB account. I wanted to give him my revolut account details to debit my salary.

But my Revolut IBAN starts with GB64 REVO ... , hence it is not a local Irish transfer.
What to do here? Does he need to select an International transfer to UK to pay me? He owns a small business, not too technical and might think I am upto something :-).

All help appreciated. thx.

msmx5

nc6000 wrote: »

...after a recent trip to the UK I see AIB have started adding in FX fees for transactions made both in the UK and even ones made through GBP on Amazon. For example, on an 88p Kindle purchase on Amazon AIB added a 45 cent fee which is ridiculous.

Does anyone know when these fees were introduced?

5star02707 wrote: »

there has always been an FX charge since i can remember, that's why it's good to have either N26, Revolut or Transferwise to avoid those fees

As mentioned these charges were always there but recently (I can't remember exactly when as I use Revolut for the vast majority of any foreign exchange transactions I make) AIB started breaking out the charge and displaying it separately (transparency=good). Previously you would have seen a blended rate which included the fee.

Current fees which are on top of the Visa and Mastercard rates
AIB Credit Cards Transaction
Location / Currency Conversion Fee
AIB Visa Europe Region 1.75%
AIB Visa Rest of World 2.75%
Mastercard locations 1.75%


One thing to note if you are checking the transaction online...I've observed that when the transaction initially appears as "pending" it sometimes does not include the AIB transaction fee.

Dardania

suave.4u wrote: »

Hi Guys,

I work part time and my employer has an AIB account. I wanted to give him my revolut account details to debit my salary.

But my Revolut IBAN starts with GB64 REVO ... , hence it is not a local Irish transfer.
What to do here? Does he need to select an International transfer to UK to pay me? He owns a small business, not too technical and might think I am upto something :-).

All help appreciated. thx.

Still sends to your account as a SEPA transfer. Same price as sending to an Irish account

suave.4u

suave.4u wrote: »

Hi Guys,

I work part time and my employer has an AIB account. I wanted to give him my revolut account details to debit my salary.

But my Revolut IBAN starts with GB64 REVO ... , hence it is not a local Irish transfer.
What to do here? Does he need to select an International transfer to UK to pay me? He owns a small business, not too technical and might think I am upto something :-).

All help appreciated. thx.

Same issue, but I still see GB IBAN : https://www.finextra.com/pressarticle/70097/revolut-introduces-personal-euro-accounts

Yggr of Asgard

Until a No Deal Brexit transfers to a GB IBAN in € are covered by SEPA Regulations which means that the bank can maximum charge the same amount it would charge for domestic transactions.

Your employer should have no problem to get a transfer made to the acount via his normal way.

The J Stands for Jay

suave.4u wrote: »

Hi Guys,

I work part time and my employer has an AIB account. I wanted to give him my revolut account details to debit my salary.

But my Revolut IBAN starts with GB64 REVO ... , hence it is not a local Irish transfer.
What to do here? Does he need to select an International transfer to UK to pay me? He owns a small business, not too technical and might think I am upto something :-).

All help appreciated. thx.

Yeah, because AIB are awkward, he'll need to set it up as international.

Marlow

Yggr of Asgard wrote: »

Until a No Deal Brexit transfers to a GB IBAN in € are covered by SEPA Regulations which means that the bank can maximum charge the same amount it would charge for domestic transactions.

Your employer should have no problem to get a transfer made to the acount via his normal way.

And Revolut have also received their Lithuanian Banking license in December (which is EU), so they will probably issue us with new IBAN numbers, if Brexit goes ahead and it all goes belly up.

Never the less, it doesn't really matter, if they are in the EU or not. As long as it's a EUR transfer using SEPA it costs the same local and to any country in Europe part of SEPA .. EU or not.

/M

utmbuilder

Can you get stripe payments into revoult?

Marlow

utmbuilder wrote: »

Can you get stripe payments into revoult?

Don't see a problem with that either. Simply because Stripe just sends payments to an IBAN.

/M

msmx5

utmbuilder wrote: »

Can you get stripe payments into revoult?

Yes, I can confirm that works.

Jeff2

suave.4u wrote: »

Hi Guys,

I work part time and my employer has an AIB account. I wanted to give him my revolut account details to debit my salary.

But my Revolut IBAN starts with GB64 REVO ... , hence it is not a local Irish transfer.
What to do here? Does he need to select an International transfer to UK to pay me? He owns a small business, not too technical and might think I am upto something :-).

All help appreciated. thx.

It international and I tried this.
Takes a few hours also he might need to put the debt card into a card reader and then put in numbers sent to the card reader to make payment.
I don't think it can be saved as payee.

brettmirl

Sorry if this has been answered already...am currently using Revolut as my day-to-day card, and have my current account with PTSB. Is there any major advantage to upgrade to premium or metal?

joe123

Hey, not sure if someone can help me here but last night I bought flights on Ryanair for 307 euro.

Received my itenary etc in email and again it shows 307 euro. When I looked at my phone, Ryanair charged me 326 euro.

Anyone know where this random charge came from or what could have caused it? My card only has euro in it.

nsa0bupkd3948x

You probably paid in Sterling. So Ryanair converted from euro to sterling (with a nice margin for them) then it was converted back to euro by Revolut.

RFOLEY1990

use it on a daily basis and find it very good for the following

1. Foreign Currency (travel to UK maybe twice a month
2. Amazon Prime - find it a lot cheaper to pay in £ on their site
3. transferring money between myself and herself - we're not in the same bank so instant transfers if either of us are stuck is very useful
4. money comes off balance instantly - (Balance and "Available Funds" does my head in

MiskyBoyy

Suddenly getting asked to verify all my cards and upload supporting documents such as bank statements before being allowed access my account again. Been a customer for years???

troyzer

joe123 wrote: »

Thats very sly. It showed as 307 euros on checkout. I've done some digging online and apparently amazon etc + hotels/restaurants etc can tap pound to charge the card and get a hefty conversion rate. You would literally have to tell the worker to re do the charge in euro. Really puts me off using the card knowing this is exploitable.

I've only euros on the card.

It can be done on any card. Revolut just makes it more obvious that you're being ripped off.

joe123

Thaddeus Clean Bodyguard wrote: »

You probably paid in Sterling. So Ryanair converted from euro to sterling (with a nice margin for them) then it was converted back to euro by Revolut.

Thats very sly. It showed as 307 euros on checkout. I've done some digging online and apparently amazon etc + hotels/restaurants etc can tap pound to charge the card as Revolut is registered as a British company and get a hefty conversion rate.

You would literally have to tell the worker to re do the charge in euro. Really puts me off using the card knowing this is exploitable.

I've only euros on the card too.

EagererBeaver

joe123 wrote: »

Thats very sly. It showed as 307 euros on checkout. I've done some digging online and apparently amazon etc + hotels/restaurants etc can tap pound to charge the card as Revolut is registered as a British company and get a hefty conversion rate.

You would literally have to tell the worker to re do the charge in euro. Really puts me off using the card knowing this is exploitable.

I've only euros on the card too.

You can easily request to pay in Euros.

Yggr of Asgard

MiskyBoyy wrote: »

Suddenly getting asked to verify all my cards and upload supporting documents such as bank statements before being allowed access my account again. Been a customer for years???

They are using an AI to monitor your account for compliance and one your score goes to a certain point they kick in a manual compliance review.

Could be for loads of reasons and unless you comply you won't get access to the account again.

They recently did a whole presentation on their AI for compliance which is somewhere on YouTube.

-=al=-

It’s Ryanair’s jam really. There was a post a few pages back with pictures on how to avoid this carry on. Same with PayPal

Yggr of Asgard

Revolut is preparing for no deal:

Blog Post on Revolut

But this is the not to the full bank license Bank but seems rather another electronic money issuer in Luxembourg.

But at least it means that in case if no deal we will be able to continue to use revolut.

Marlow

brettmirl wrote: »

Sorry if this has been answered already...am currently using Revolut as my day-to-day card, and have my current account with PTSB. Is there any major advantage to upgrade to premium or metal?

You get access to free card replacements and virtual visa cards. And double or tripple the monthly free atm withdrawal.

Yggr of Asgard wrote: »

Revolut is preparing for no deal:
[url]
https://blog.revolut.com/how-we-protected-our-customers-from-brexit/[/URL]

But this is the not to the full bank license Bank but seams rather another electronic money issuer in Luxembourg.

But at least it means that in case if no deal we will be able to continue to use revolut.

They actually have a full banking license in Lithuania ... which is in the EU: https://techcrunch.com/2018/12/12/revolut-gets-european-banking-license-in-lithuania

They also currently only operate under an eMoney license in the UK, but have applied for a full UK banking license.

/M

msmx5

joe123 wrote: »

Thats very sly. It showed as 307 euros on checkout. I've done some digging online and apparently amazon etc + hotels/restaurants etc can tap pound to charge the card as Revolut is registered as a British company and get a hefty conversion rate.

You would literally have to tell the worker to re do the charge in euro. Really puts me off using the card knowing this is exploitable.

I've only euros on the card too.

Its RYANAIR that are sly. Revolut just processed the sterling charge Ryanair sent them... as as you didn't have GBP, revolut had to take the funds from your EUR balance (at their good rate).

Your receipt screenshot shows Ryanair charged "cardholder currency" 287.06GBP which by their rate was €307.

See the attachment on post #6841 for a screenshot of the box on Ryanair checkout to untick which makes sure your card/Revolut will do the conversion and not Ryanair.