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What Can I Use Revolut Card For? Is It Worth Getting One? Here’s Our Review

Hidden fees and transaction fees are some of the most troublesome expenses when you’re spending abroad. You never really know what is the exact amount goods and services costs. To avoid paying more than we need to, most of us try to find cards that have low transaction fees or have perks for foreign transactions.

Well, you don’t need to worry about heft hidden fees and transaction fees anymore. Revolut, an alternative baking app, launched its Revolut card not too long ago. It’s specifically designed to reduce hidden fees and let you get more out of your oversees expenditure!

Here’s how the Revolut card works.

No Hidden Fees

This is perhaps the main reason why people are applying for Revolut cards. When you’re spending overseas, most credit cards in the market have varying hidden fees and transaction fees. With Resolut cards, there’s no need to worry about extra costs that aren’t stated upfront.

With the lack of hidden fees, there’s little need for you to visit the exchange and buy foreign currencies just to avoid extra costs. Expenditure abroad becomes more simplified and less of a hassle!

Real exchange rates

Revolut effectively cuts out extra costs by giving you the real exchange rates. It doesn’t partner with their parties or brokers who take a cut from transactions. By using real exchange rates, you can save as much as 8% on your foreign transaction fees. This feature applies to your own transactions abroad as well as sending funds to different parts of the world.

Revolut is available in more than 130 different countries and 130 different currencies. Additionally, you can also access cryptocurrency with Revolut which makes it a very versatile card.

Trade crypto with Revolut

With Revolut, you can buy, hold and sell cryptocurrency easily. On its platform, you can easily access top cryptocurrencies like Bitcoin, Litecoin, Ethereum, Ripple, and Bitcoin Cash. Additionally, you can trade crypto and also buy them with fiat with just a few clicks. Just like foreign transactions, Revolut does not have any hidden fees for crypto trading.

Split the bill

As if these functions aren’t enough, Revolut also has a nifty feature which helps you split bills easily. In its app, you can select who you want to split your bill with and Revolut will send the recipient a request. If the person does not have a Revolut app, they will receive a payment link where they enter details of their bank card and split the bill with you.

Subscription fees

Does the Revolut card sound enticing? Well, it definitely brings about more convenience and cuts costs.

So how much does it cost to own a Revolut card? Depending on your tier, your subscription fees will differ. Here’s the cost breakdown:

Standard

  • $0 per month
  • Spend in over 150 currents at interbank exchange rate
  • No fee exchange in 28 fiat currencies up to $9000 a month
  • No fee international ATM withdrawals up to $350 a month
  • Spend domestically and Internationally in 28 different currencies

Premium

  • $9.99 per month
  • Spend in over 150 currents at interbank exchange rate
  • No fee exchange in 28 fiat currencies with no limit
  • No fee international ATM withdrawals up to $700 a month
  • Spend domestically and Internationally in 28 different currencies
  • Global Medical and dental insurance
  • Baggage delay insurance
  • Loss or damaged items insurance
  • LoungeKey Pass access
  • Free longe passes for you and one guest if flight is delayed by more than 1 hour

Metal

  • $19.99 per month
  • Spend in over 150 currents at interbank exchange rate
  • No fee exchange in 28 fiat currencies with no limit
  • No fee international ATM withdrawals up to $1050 a month
  • Spend domestically and Internationally in 28 different currencies
  • Global Medical and dental insurance
  • Baggage delay insurance
  • Loss or damaged items insurance
  • LoungeKey Pass access
  • Free longe passes for you and one guest if flight is delayed by more than 1 hour
  • 1% cashback on all card payments
  • Dedicated concierge

Thinking of getting yourself the Revolut card? If you have to make lots of foreign transactions, or you’re into crypto trading, this is definitely a card you should consider having.

Already own the card? Share with us your experiences and whether its worth all the hype!

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