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Old 29.05.2019, 10:30
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Re: Revolut, no charge for topping up with credit card

Just added my regular Revolut MasterCard to Apple Pay which worked fine. Interestingly, I was not able to add my Metal Card to Apple Pay.
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  #22  
Old 29.05.2019, 13:44
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Re: Revolut, no charge for topping up with credit card

No charge in monthly statement as well.

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you may want to wait till you receive the current month's invoice to see if Migros actually charged additional fee or not
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  #23  
Old 29.05.2019, 18:44
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Re: Revolut, no charge for topping up with credit card

Why are people still using Revolut? my UBS V-Pay has no fees aborad for withdrawls and swipping and is dam near the XE rate. UBS credit card is a killer if used in currency other than CHF but for online purchases i use N26 or Monzo which are both bank accounts, no fees and use the XE rate. Never understood the alure of Revolut,especially as it now is being investigated for money laudering etc....
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  #24  
Old 29.05.2019, 20:36
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Re: Revolut, no charge for topping up with credit card

Your V-Pay card seems special otherwise UBS V-Pay website mentions annual fees, fees for withdrawal abroad and UBS exchange rates for transactions

https://www.ubs.com/ch/en/private/ac...ards/vpay.html

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my UBS V-Pay has no fees aborad for withdrawls and swipping and is dam near the XE rate.
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Old 29.05.2019, 22:26
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Re: Revolut, no charge for topping up with credit card

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Your V-Pay card seems special otherwise UBS V-Pay website mentions annual fees, fees for withdrawal abroad and UBS exchange rates for transactions

https://www.ubs.com/ch/en/private/ac...ards/vpay.html
No charges so far. If you would like me to send you my bank statement just to prove a point then so be it! It must be part of their Individual Euro account package. It actually states free for the first year but I’m in my second and not been charged yet....

Perhaps you would like to contribute to the conversation and state why you like Revolut so much?
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Old 30.05.2019, 08:31
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Re: Revolut, no charge for topping up with credit card

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Why are people still using Revolut? my UBS V-Pay has no fees aborad for withdrawls and swipping and is dam near the XE rate. UBS credit card is a killer if used in currency other than CHF but for online purchases i use N26 or Monzo which are both bank accounts, no fees and use the XE rate. Never understood the alure of Revolut,especially as it now is being investigated for money laudering etc....



Revolut was new and dynamic when it came out, royally screwed all the competition with a very big finger (fist without Rolex)


UBS and company are now just playing catch up.


The money laundering may or may not be true, but we all know it's the big banks behind it, trying to discredit and destroy Revolut.



Do you still have problems understanding Revolut ?
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Old 30.05.2019, 10:35
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Re: Revolut, no charge for topping up with credit card

EasyJet don't accept Revolut on board. Probably because it's prepaid.
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Old 30.05.2019, 10:42
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Re: Revolut, no charge for topping up with credit card

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Why are people still using Revolut? my UBS V-Pay has no fees aborad for withdrawls and swipping and is dam near the XE rate. UBS credit card is a killer if used in currency other than CHF but for online purchases i use N26 or Monzo which are both bank accounts, no fees and use the XE rate. Never understood the alure of Revolut,especially as it now is being investigated for money laudering etc....
If you do any sort of travel or cross currency transactions, Revolut is a no brainer for the interbank FX rates. You've anwsered your own question too, you use multiple accounts based on usage, where Revolut does it all in one.

Also that V-Pay card can't be used online, and patchy acceptance outside of continental Europe where Visa (or MasterCard) Debit is the norm.

And they now have Apple Pay!

..it's also totally free where as UBS will (eventually) charge in your second year!
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  #29  
Old 30.05.2019, 12:22
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Re: Revolut, no charge for topping up with credit card

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If you do any sort of travel or cross currency transactions, Revolut is a no brainer for the interbank FX rates. You've anwsered your own question too, you use multiple accounts based on usage, where Revolut does it all in one.

Also that V-Pay card can't be used online, and patchy acceptance outside of continental Europe where Visa (or MasterCard) Debit is the norm.

And they now have Apple Pay!

..it's also totally free where as UBS will (eventually) charge in your second year!
Firstly, thank you for answering/replying nicely! this forum seems to be litered with people who want to have a dig at others!

I did try Revolut around a year ago. I was put off due to the interface. At the end of the day it is a pre-paid credit card. No purchase protection, is it even protected by the FSCS? My argument isnt that UBS is better, i agree that i will be hit with fees sometime soon. Normal banks always try to hit their customers with fees. I agree that in principle Revolut and the various other companues out there (FinTech banks) are leading the way and banks are playing catch up. My point is that there are better products out there like N26 for Euros and Monzo for Pounds. These are the same as Revolut in principle, no fees, market rate transactions abroad et,etc.... But they are banks, offer services like Direct Debits, instant transfers to banks that support similar services. They offer more protection since they are covered by the FSCS. My question wasnt directly related to UBS vs Revolut, I appologis eif it seemed that way. i know that a normal bank will never win vs Revolut, but in my view, there are simply more rounded services out there, hence why i was askign the question, which incidently noone has given me a good answer for!!
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  #30  
Old 30.05.2019, 12:33
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Re: Revolut, no charge for topping up with credit card

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Why are people still using Revolut? my UBS V-Pay has no fees aborad for withdrawls and swipping and is dam near the XE rate. UBS credit card is a killer if used in currency other than CHF but for online purchases i use N26 or Monzo which are both bank accounts, no fees and use the XE rate. Never understood the alure of Revolut,especially as it now is being investigated for money laudering etc....
I'm with UBS with one of their best packages and their fees for transactions outside Switzerland are still extorsionate. 5 CHF for a cash withdrawal abroad, 1.5% foreign payments charge plus a bad exchange rate. Revolut is a no brainer, it's easy to charge and use, particularly when dealing with multiple currencies.

N26, Monzo or others may be similar but as far as I looked nowhere near as easy or comprehensive to use.

You can get a Revolut card for free nowadays if you get a friend recommendation. Happy to send you one
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  #31  
Old 30.05.2019, 12:52
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Re: Revolut, no charge for topping up with credit card

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At the end of the day it is a pre-paid credit card.
Yes, at the base it is
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No purchase protection, is it even protected by the FSCS? ... offer services like Direct Debits, instant transfers to banks that support similar services.
Well, yes, don't think about Revolut as a "current account" kind of product - no, this is just a simple additional account with some special features that give you the freedom to avoid fees when dealing with foreign currencies

On top of that it allows you to do bank transfers into and out of it with almost 0 fees as well. That's about it - if you want more bells or whistles (protection or insurances) they have the more expensive products.

Revolut have a banking license so your money with them are covered
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  #32  
Old 30.05.2019, 13:16
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Re: Revolut, no charge for topping up with credit card

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Revolut have a banking license so your money with them are covered
True but it seems that only if you have the full package then you are covered? in the link below, under the "your money will be protected" part, it states "If you choose to open a full current account with Revolut Bank in the future, any funds you deposit will be protected up to €100,000 under the European Deposit Insurance Scheme (EDIS)".. Does that cover the pre-paid card or is this one of their "upgrades"? Is this the "banking license" that is in dispute a the moment as it was issued in Lithuania or somewhere?

https://blog.revolut.com/we-got-a-banking-licence/

To be honest, i can see 1 advantage. For N26 or Monzo i use transferwise to get it there. So for example on 1000chf to N26t Euros, Transferwise would charge me 3.79chf at todays fee rate. I guess becuase you are tranfering from UBS or whatever chf bank you use directly to Revolut then you bypass this fee but get the smae amount of euros or pounds? Its not much but if you do 1000chf a month then per year it adds up to a meal or two.
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