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  #501  
Old 09.04.2018, 17:07
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Re: Multi Currency Credit Card ["Revolut"]

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easyJet on board sales reject Revolut cards.
all debit cards (that I know of) are by default rejected in offline scenarios.

Now that internet is available on more and more flights I assume payments above the clouds wil become online soon, but until then it will be exactly as you say: Cash or different card.
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  #502  
Old 14.04.2018, 10:40
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Re: Multi Currency Credit Card ["Revolut"]

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easyJet on board sales reject Revolut cards.
All pre-paid cards are rejected on board planes.
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  #503  
Old 27.04.2018, 08:25
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Re: Multi Currency Credit Card ["Revolut"]

it’s official! Revolut is now valued at $1.7billion!!!

We’re rich! (Only if we had invested! )

https://www.reuters.com/article/us-f...-idUSKBN1HX0MZ
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  #504  
Old 31.08.2018, 08:51
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Re: Multi Currency Credit Card ["Revolut"]

https://www.monito.com/blog/best-int...count_25082018

Very interesting article.The new Transferwise borderless account rocks.
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  #505  
Old 31.08.2018, 08:54
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Re: Multi Currency Credit Card ["Revolut"]

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it’s official! Revolut is now valued at $1.7billion!!!

We’re rich! (Only if we had invested! )

https://www.reuters.com/article/us-f...-idUSKBN1HX0MZ
yes, a bit pissed that investing was so difficult. imo, it was a pretty good bet for a startup. what was the valuation at the time of potential investment?
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  #506  
Old 31.08.2018, 12:45
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Re: Multi Currency Credit Card ["Revolut"]

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.... what was the valuation at the time of potential investment?

Please don't tell me. I tried to invest and joined the queue but never got the chance.... I bet I would be a very happy person now if I had been lucky
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  #507  
Old 31.08.2018, 12:50
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Re: Multi Currency Credit Card ["Revolut"]

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The new Transferwise borderless account rocks.
The exchange rates aren't as good as Revolut, however it's invaluable for Swiss users.

I transfer money from PostFinance (e.g. CHF 1,000) to TransferWise (receives CHF 1,000).

I then "top up" my Revolut CHF account via the TransferWise debit card and receive CHF 1,000.

No fees!!!
I then use Revolut to exchange to EUR or GBP at a better rate than TransferWise. It's a bit of a faff but you can set up regular payments to do most of the work.

Yes I am a Revolut fan
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  #508  
Old 31.08.2018, 13:29
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Re: Multi Currency Credit Card ["Revolut"]

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Please don't tell me. I tried to invest and joined the queue but never got the chance.... I bet I would be a very happy person now if I had been lucky
ditto. i thought i had enough contacts, but the requirements kept increasing... i even tried getting a second allocation on my gf's account.
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  #509  
Old 03.10.2018, 15:01
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Re: Multi Currency Credit Card ["Revolut"]

So I have 5k sitting in CHF in my account..
I will go the USA soon and probably use the card..

Do I just use it as is.. Do i exchange the balance to USD before I go? If I add more, say another few k, do it add in in CHF or USD.

Does it matter much for this sort of amount?

All I'm trying to acheive really is a split of money, so that I'm not just taking / using my everyday swiss account.. But if doing things a certain way is gonna save some significant sum then all good..

Yeah I'm crap at these things.
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  #510  
Old 03.10.2018, 15:04
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Re: Multi Currency Credit Card ["Revolut"]

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So I have 5k sitting in CHF in my account..
I will go the USA soon and probably use the card..

Do I just use it as is.. Do i exchange the balance to USD before I go? If I add more, say another few k, do it add in in CHF or USD.

Does it matter much for this sort of amount?

All I'm trying to acheive really is a split of money, so that I'm not just taking / using my everyday swiss account.. But if doing things a certain way is gonna save some significant sum then all good..

Yeah I'm crap at these things.

I convert a bit into USD to be covered when I arrive. Depending on what I want to do, I convert more later on (watch out, apparently the rates are not good during the weekend) and change back when I go home again.

I have actually done it right in front of the L in Chicago as my balance wasn´t sufficient for a ticket. Instant satisfaction :-)
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  #511  
Old 03.10.2018, 15:15
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Re: Multi Currency Credit Card ["Revolut"]

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I convert a bit into USD to be covered when I arrive. Depending on what I want to do, I convert more later on (watch out, apparently the rates are not good during the weekend) and change back when I go home again.

I have actually done it right in front of the L in Chicago as my balance wasn´t sufficient for a ticket. Instant satisfaction :-)
You can also just let it convert automatically each time you make a transaction no?
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  #512  
Old 03.10.2018, 15:23
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Re: Multi Currency Credit Card ["Revolut"]

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I convert a bit into USD to be covered when I arrive. Depending on what I want to do, I convert more later on (watch out, apparently the rates are not good during the weekend) and change back when I go home again.

I have actually done it right in front of the L in Chicago as my balance wasn´t sufficient for a ticket. Instant satisfaction :-)
I guess the other point is how does it know what to use then? On the app i can swipe one way or another to see differnt currencies. if i have some of one and some of the other.. and buy something.. does the point of sale machine ask me? Or it's just magic?
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  #513  
Old 03.10.2018, 15:31
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Re: Multi Currency Credit Card ["Revolut"]

does anyone transfer chf from revolut to interactive brokers? revolut app doesn't seem to allow it as a beneficiary.
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  #514  
Old 03.10.2018, 15:51
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Re: Multi Currency Credit Card ["Revolut"]

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I guess the other point is how does it know what to use then? On the app i can swipe one way or another to see differnt currencies. if i have some of one and some of the other.. and buy something.. does the point of sale machine ask me? Or it's just magic?
No, I just convert a couple CHF into USD on my card.
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  #515  
Old 03.10.2018, 16:49
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Re: Multi Currency Credit Card ["Revolut"]

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I guess the other point is how does it know what to use then? On the app i can swipe one way or another to see differnt currencies. if i have some of one and some of the other.. and buy something.. does the point of sale machine ask me? Or it's just magic?
PoS machine usually asks if you want to pay in the local currency (which ever country you are in) or in the home currency of your card (for Revolut usually GBP). They then send that deduction to Revolut (BTW always choose local currency to benefit from Revolut exchange rates).

Once the amount comes to Revolut, the algorithm of Revolut decides if you have enough money (across your holdings) and then takes it either from your the currency wallet in which the charge came or if not enough balance then converts automatically from the biggest currency wallet.

If you do not have a view on exchange rates, best to just let it do dynamically. Yes weekend rates are bit worse, so if you plan to spend a lot on weekends, better to convert on Friday.
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  #516  
Old 03.10.2018, 18:01
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Re: Multi Currency Credit Card ["Revolut"]

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PoS machine usually asks if you want to pay in the local currency (which ever country you are in) or in the home currency of your card (for Revolut usually GBP). They then send that deduction to Revolut (BTW always choose local currency to benefit from Revolut exchange rates).

Once the amount comes to Revolut, the algorithm of Revolut decides if you have enough money (across your holdings) and then takes it either from your the currency wallet in which the charge came or if not enough balance then converts automatically from the biggest currency wallet.

If you do not have a view on exchange rates, best to just let it do dynamically. Yes weekend rates are bit worse, so if you plan to spend a lot on weekends, better to convert on Friday.
Thank You .. Very helpful..

We'll be going to Disney.. I'll just be bent over with money spraying from my bottom, weekend, daytime, night time.. :-)

Reminds me, i better top it up a bit more..
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  #517  
Old 07.10.2018, 14:43
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Re: Multi Currency Credit Card ["Revolut"]

Has anyone transferred a large sum of money using Revolut? And with large, I mean CHF 100k+. I need to transfer this amount to my account in NL, I am with Credit Suisse here but they of course charge you commission plus give you a not-so-good FX rate. I was wondering if I could use Revolut to do this somehow, even considering upgrading to Metal for this.
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  #518  
Old 07.10.2018, 15:31
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Re: Multi Currency Credit Card ["Revolut"]

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Has anyone transferred a large sum of money using Revolut? And with large, I mean CHF 100k+. I need to transfer this amount to my account in NL, I am with Credit Suisse here but they of course charge you commission plus give you a not-so-good FX rate. I was wondering if I could use Revolut to do this somehow, even considering upgrading to Metal for this.
I presume you mean transfer and convert (to Euro), right? Because for simple transfer (CHF to CHF account abroad) a simple bank transfer should be OK.

Otherwise I don't think Revolut is the best way to do transfer&convert large amounts. For free accounts there is a 5k limit on "free exchange", check the small print for details. I think they might have an account limit as well. For such transfers you may be better off with specialists exchange services like HiFX, Tor FX, etc.
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  #519  
Old 07.10.2018, 16:38
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Re: Multi Currency Credit Card ["Revolut"]

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Has anyone transferred a large sum of money using Revolut? And with large, I mean CHF 100k+. I need to transfer this amount to my account in NL, I am with Credit Suisse here but they of course charge you commission plus give you a not-so-good FX rate. I was wondering if I could use Revolut to do this somehow, even considering upgrading to Metal for this.
Yep. I bought my house through it and pretty much all my annual spending goes through it. No problems once it’s approved by their AML people.
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  #520  
Old 09.10.2018, 21:42
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Re: Multi Currency Credit Card ["Revolut"]

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Do i exchange the balance to USD before I go? If I add more, say another few k, do it add in in CHF or USD.
I personally plan my foreign currency usage, so for example, I know that in the next 6-12 months I'll be needing USD, GBP, EUR.

To get the most bang for my swiss buck, I keep a few thousand in CHF in my revolut and set up alarms on a currency app (I like the XE app) to warn me when the CHF rate to the above currencies reach a certain amount and then I just exchange when it reaches what I consider an acceptable rate.

For example, 1 CHF to USD is currently 1.008, but I have my alarm set to 1.04, which it hit about 3 weeks ago, at which time I exchanged some of my francs.
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