![]() While we use the Standard Revolut card, the company offers other types of cards and accounts. So, if you think you’ll have a hard time adhering to the monthly withdrawal and transfer limits, consider getting a secondary card. However, I want to add that during our trips, we use the Revolut card and the Wise card so we can withdraw more money each month without exceeding the limits and accruing extra fees. I’ll show you more specific examples of how to use Revolut abroad in the following sections. Revolut uses location-based security, so if it sees that your card was used in an unusual location, it’ll alert you and you can freeze and block your card instantly right in the app. Revolut sends instant spend notifications, and you can see your real-time balance at any time, so you’re always aware of how much money you have. You can also add money to the Revolut card via the app using a debit or bank transfer. This means that the funds usually take one to three days to appear in the account. Revolut’s international bank account number (IBAN) is European, specifically Lithuanian, so deposits to other accounts are made via SWIFT. Its banking services are provided by partner banks like Metropolitan Commercial Bank, Member FDIC, so your money is FDIC insured up to $250,000. The Revolut app lets you take care of basic transactions like ATM withdrawals and currency exchange in one place. Revolut frequently updates its products and features, so check out the Revolut Terms and Conditions to see the latest offerings. Also, since it’s a financial super-app, you can handle all your transactions in the Revolut app, including opening an account and ordering your card. The Standard Revolut prepaid debit card has no card issuance fees (excluding the shipping cost), which makes it one of the best cards for travel out there. Of course, it doesn’t matter which card you have with Revolut since the exchange rate is determined by the interbank rate, which is one of the best. For example, in the UK, it’s a Revolut Mastercard, while in the U.S., it can be a Mastercard or Visa. Moreover, the card allows you to change your currency when the exchange rate is more favorable, so you can save more money while traveling.ĭepending on the country, your Revolut card can be a Mastercard or Visa card. With your Revolut card, you can withdraw money from just about any ATM, including 55,000 in-network ATMs, without commission fees. ![]() Over 20 million people use this financial app to make payments abroad, exchange currencies, get paid in other countries, and more. Revolut is a financial management company that originated in the UK in 2015 and launched in the U.S. In this guide, I’ll focus on Revolut and how you can use it to make payments while avoiding currency exchange fees, withdraw money from foreign ATMs, and more. So, in this guide, I’ll tell you all about Revolut, including what it is exactly, how it works, and why it’s the best financial app for expats and frequent travelers.īefore we begin, I’ll tell you that we use Revolut in addition to other cards to help save money while traveling, like the Wise card. Revolut works in the U.S., and many other countries which is great for us since we travel to different countries most of the year. Once he started working, he added money to his Revolut card with British pounds, which he used to pay for his expenses when he came back to the USA. ![]() He went to London for a job opportunity and used his Revolut USD account to pay for his expenses in the UK. I had read many Revolut reviews, but what convinced me to try it was hearing about my cousin’s experience. ![]()
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