The Revolut Metal card is essentially Revoluts premium subscription service. In fact, other companies are arguably even worse. Revolut metal card and virtual cards; First replacement card free; Global express shipment delivery for the card; Up to five Revolut <18 plans; Unlimited free SWIFT transfers; How much interest can I earn with Revolut? Revolut is also constantly adding Rewards that range from online discounts to in-store cashback. listeners: [], You can get insured for less than a pound per day or if you travel a lot, theres a 30 annual price tag. Even with the standard plan global delivery is 4.99, so any Revolut plan gives great delivery benefits. Granted its 46 per year more than Premium, but you do get Hire Car Excess cover (which I pay 40 for . Theyll recommend Rewards based on what you liked or bought before. However, if youre just looking for a card with travel perks and the limits arent too restrive, Revolut Premium may be worth looking at. Wealthify Review: Should You Use This Robo-Adviser? Our website is not intended to be a substitute for professional financial or other advice. While we are independent, we may receive compensation from our partners for featured placement of their products or services. May 29, 2020. The app interface is very smooth and has decent features for tracking finances, like a budgeting tool and breakdown of expenses. Revolut will refund you for the month or months you didnt use your Premium account. For every purchase I get 0,1% cashback ( German user) For every transaction outside of the EU I would get 1%. There are a couple of ways to save up money with vaults. It's which country are you making the purchase from. Youll need to verify your ID with documentation and by taking a selfie. Some came after, such as N26, bunq, Curve, and Monzo to name a few. Revolut has said they plan to continually improve the benefits package and have recently added commission-free stock trading, unlimited disposable cards, and Junior accounts that can be set up for children under the age of 18. on the weekend). The easy-to-use app and cheap abroad spending options have made it a popular consumer choice. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. ). Managed UK private client portfolios. Revolut is a London-based firm that has been making waves in the fintech world recently. Revolut has a handful of downsides, none of which appear to be absolute dealbreakers. Check Revoluts website to make confirm specific country coverage. It has a brushed metal look, a tiny Revolut logo in the top right corner and your name in the bottom left corner. Moneybox Review (Pros, Cons & Is It Right For You? Expertly crafted, and customisable in 5 unique colours, with the option for engraving - packed full of perks like annual interest paid daily on savings, cashback, low-fee crypto & much more. Enjoy the subreddit and follow the rules. Receive a stainless steel Metal card available in 3 shades, an insurance package and exclusive offers. The real advantage is you get access to over 25 currencies with little-to-no exchange fees, so you always have access to money when and where you need it. Revoluts app incorporates a lot of money management solutions to help you keep your finances under control. Press question mark to learn the rest of the keyboard shortcuts. Former Metal subscriber. Revolut Metal situates itself primarily in the travel niche and has a ton of features that are useful for customers who travel frequently. Lets go back to our Revolut metal card review now. You can sign up for a Revolut Metal account easily online. TL;DR: The Revolut Metal card gives you cashback whenever you make a purchase, allows you to withdraw cash for free, and offers light travel insurance. With such fierce competition from challenger banks like Revolut, they should have jumped on the metal bandwagon straight away. Here is a curated breakdown of the features and benefits of the Revolut Standard, Premium and Metal cards. Revolut Metal customers also get a higher ATM limit and can withdraw up to 600/600 without any fee. But they are launching across the world soon, so stay tuned. If you like to travel a lot and do not rely on cash too much, then Revolut Metal can be an amazing option to finance your globetrotting life. Metal users get travel insurance for FREE and the insurance policy will cover overseas emergency medical assistance and expenses for you and your family. Revolut is a London-based firm that has been making waves in the fintech world recently. Let me give you a single example that will show with amazing clarity all the inertia that high-street banks are displaying. } However, they will not cover pre-existing conditions which are not on their acceptable conditions list. It will be dependent on the delivery method you prefer and is clearly indicated on the app. As the name suggests, subscribing to Revolut Metal gives you a metal card as well as additional perks compared to Revolut Premium. Luckily, weve got the answers. Fintech startup Revolut is launching a new premium card. But if you often travel outside of Europe, it could be a good deal, as youll receive 1 percent in cash back outside of Europe. Its impressive how Revolut has built its brand with international travellers in mind. So I need to upgrade. The point of the multi-currency debit card is to offer compelling travel benefits and cashback to customers. { Your cashback is even limited. Coinbase Review (UK) - Still The Best Crypto Exchange? Create an account to follow your favorite communities and start taking part in conversations. Learn how we maintain accuracy on our site. Revolut Metal costs 13.99 per month or 135 per year (12.99 per month or 120 per year). Revolut metal offers free global express delivery and priority customer support. Will I be charged extra if I order a Metal card and cancel my Metal plan? USD, GBP, EUR, AUD, CAD, NZD, CHF, JPY, SEK, HKD, NOK, SGD, DKK, PLN, and MXN: 0% during fx hours (weekdays), 0.5% when the markets are closed (weekend) This account gets you more perks and higher limits than either of the lower tier account options, but is it worth it? It's the country that you make the purchase in. Revolut Metal. Revolut used to allow up to 1,000 in monthly withdrawals but they recently lowered the amount to 600. Is the metal card a trend that other digital banks are going to follow? This is especially true for investing fees and markups. I got metal recently and regret it. While, Great app and features but slow customer and not always very good customer service. It can be EUR, USD, BTC or ETH, as Revolut supports fiat currencies and a handful of cryptocurrencies. What is Revolut and how does it work? how much fps do you get with these specs on laptop? You have to delete your current Revolut account completely, and start fresh with a brand new Revolut UK account. Definitely hands off from metal. As with any, Finder is committed to editorial independence. Wise (formerly TransferWise) is an international account with over 50 currencies, instant and very convenient money transfers, a card to spend in any currency, bank details to be paid in 30 different countries and multi-currency direct debits. If you buy a can of coca cola in UK. Check the real current exchange rate on Google and it will be almost identical to what Revolut is offering. } You can create one in the app (we'll show you how in a moment) and use it just like an ordinary debit card. Revolut Metal is the fintech companys most premium subscription plan. How much boost time do you have on the splooge boost? The program is run through LoungeKey and offers access to over 1,000 airport lounges in 120 countries. ? Revolut allows users to start investing with as little as 1 and has listings for some of the biggest companies in the world such as Apple, Zoom, and Tesla, among others. The information contained on topmobilebanks.com is intended for informational and educational purposes only. It is an easy way to make yourself look important and cool. One problem we noticed with Revolut is the low withdrawal limits. At least you can save around 20% when you pay your Metal Account annually, and as for customer support, your only hope is that you wont need it. Revolut Metal is geared towards those who like to travel internationally, so it has some perks that are very attractive for the habitual wanderer. This includes cryptocurrency spending. 0 coins. You will need to take a picture of a valid government-issued photo ID and a picture of your face. In other words, when you spend 1,000, youll receive 1. You can use Revolut safely abroad and you can block and unblock your card as much as you want. A smart IBAN account with no currency conversion fees, complimentary insurances and no ATM fees here or abroad. You can save money in vaults in any currency including crypto, and people usually use them to stash away some money for a house, holiday, or car. Well, as a metal member, Im finding it difficult to get in touch with the customer support (supposedly premium), also the app should be easier to navigate. It just doesnt sit well. Heres our short verdict: Revolut metal card was never about value for money. Another potential downside is the weekend transaction fees on currency exchanges. Ts&Cs apply. Good luck to them is all we can say. In addition to the new card and existing premium benefits, you can claim cash back on all spending in the currency of your choice. Updating your address will only make it so new cards will . Exclusive offer: Sign up through Finder and receive 6 months of no service fees with MoneyJar. One last feature is the complimentary concierge service. You can send and spend money at the interbank rate. Aside from your metal card being delivered to your doorstep for free, you also get other perks that mostly enhance your traveling experience. **If you order a physical Revolut Metal card and subsequently cancel your Metal membership within the first 14 days of upgrading your Revolut account, we will charge you 50 (or currency equivalent) for your use of the Metal Services during that time. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. That's how much you'll need to spend to get your monthly fees returned as cashback rewards. Receive 0.1% cashback on spending within Europe and 1% outside of Europe, capped at 13.99 per month. Which countries can I travel to and use my Revolut Card in? With the Revolut Metal card you can spend in more than 140 currencies, and exchange in 28+ fiat currencies. Let's see how Revolut intends to solve this issue. (Additional cards cost 40, subject to terms) Learn more about Metal Don't just take our word for it Express yourself with a card that does it all It starts with your card Using your Revolut card unlocks more ways to spend and save Shop smarter and safer online with our Shopper Chrome extension Missing my international transfer for a month now! Revolut is currently branching out and trying to attract wealthier customers, which is why they released the Revolut Metal Card. Not at all. You can buy, sell, and transfer your crypto to friends just like any other currency but you cant transfer it to an outside crypto wallet and that is a dealbreaker for any serious crypto investor. Europe, South America, North America, Africa, Asia and Australasia are all covered to some extent. })(); Lumio is registered as a Payment Services Directive Agent of Moneyhub Financial Technology Ltd,which is authorised and regulated by the Financial Conduct Authority.Find out more on theFCA Register. In this review, we will take you through what you need to know before deciding if Revolut Metal is right for you. Youll earn cashback at the rate of 0.1% in Europe and 1% outside Europe. I would never upgrade an account solely for the looks of a debit card but this one might just be worth it. Choose from one of four tiers and manage your money from the comfort of your own home. Compare the Best Online Trading Platforms in The UK (March 2022), The Best Budgeting Apps in The UK (March 2022), 5 UK Bill Management Apps (That Save You Time), Tracking Your Spending (6 Practical Hacks To Get Started), The 8 Best UK Money Management Apps (2022), Top 10 UK Bill Reminder Apps UK (iOS & Android). Anyone thats not on the Revolut platform, can start here. Every time you use your Revolut card, the company gets a fraction of the card processing fee from MasterCard or Visa. Trustpilot pages of these companies look like a bloodbath from all the red, negative reviews. Which countries can you get a Revolut card in? Revolut Metal users also get free international money transfersand travel insurance that covers emergencies or lost items. To verify your identity you will need to go to Profile under the More section of the Revolut app, tap Personal details, and verify your identity. Youll need to pay many, many things with your Metal card to cover the price difference. This includes online payments using your Revolut Card. Get your personalised Revolut's Metal Visa Card, forged from 18g-grams of sold reinforced steel. For Revolut Standard Account holders, the process is the same but you might have to wait for a couple of weeks due to a backlog. Regardless of what type of Revolut plan you are using, Revolut charges a mark-up between 0.5% and 1% during your currency exchange on the weekend. How much is a Revolut Metal card? But the two companies have a different approach. Revolut is good for traveling, especially if you choose the metal plan. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. We may also receive compensation if you click on certain links posted on our site. Once it appears in your Revolut app (alongside the details of your physical card), you can use it right away for shopping and spending. After reading more I discovered canceling, even the next level up would cost up to 3 months of payments. The monetary benefits dont end there either. If you do most of your traveling over the weekend, then you can wrack up a good chunk in currency exchange fees. Under the More section of the app, go to Upgrade and press Go Metal!. If you are unsure you should get independent advice before you apply for any product or commit to any plan. It comes with all the benefits of a standard and premium account, plus the Metal-exclusive benefits. ), Monzo vs Revolut vs Starling: Head-To-Head Comparison (2020). Revolut is following N26s path and becomes the second challenger bank that offers a metal card. Your rewards might be rejected if you return the product or buy offline when the promo was online-only, and other such reasons. Instead, the prestige that the sleek metal card offers its users is its true value. 40,000 fee-free Allpoint ATMs in the U.S. Block Transactions Instantly From The App, Daily interest on savings Up to 0.65% AER, No-fee ATM withdrawals have an 800/m limit, 2% fee for withdrawing money from ATMs after 800/m limit. A Revolut Metal card costs 12.99 per month, which it deducts from your Revolut account automatically. Exclusive to Metal customers, first card free. Must admit I get a bit annoyed at all the benefits given to new members without rewarding the old ones. Charlie Barton is a publisher at Finder. It comes with several exclusive features, including: If you are a big spender that like to take money out abroad, travels regularly or needs to spend large amounts in foreign currency, this card might be worth considering. The Revolut app also supports both Google Pay and Apple Pay, a very useful integration. Read more about the pros and cons of investing with Revolut in our article. Premium and Metal accounts offer the most competitive investing fees of all four plans. He is an early participant in banking digital transformation and fintech development. Even better, the Metal plan gives unlimited free stock trades. The most expensive Revolut account has some lower fees than other accounts. Revolut Metal customers also get a higher ATM limit and can withdraw up to 600/ . And what about high-street banks? Tommy Gallagher is an ex-investment banker and founder of TopMobileBanks. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. not the most positive answers . LOL :). There is a 2% charge after the initial 600. It is a shame really that customer experience has taken a backseat to explosive growth and a lack of interest I guess. Easy. Advertisement Coins. You get unlimited no-fee currency exchange, overseas medical insurance, delayed baggage and flight insurance, free lounge access for you and your 3 friends, car hire excess, and spending at the interbank rate which is the best rate. Youll also get a refund for the month or months you didnt use your Premium account. The metal card works in the same way as Standard and Premium cards - the main difference is that it's crafted from a single sheet of reinforced steel. It's not where the user is born. Getting Metal isn't worth it. Premium users can only withdraw up to 400/400 for free as a comparison. Its definitely worth it if you like to travel a lot and dont use much cash. If you top up your card in your home currency (eg euro), Revolut will automatically exchange your money to the local currency of wherever you use your card. If you decide to apply for a product or service through our website you will be dealing directly with the provider of that product or service and not with us. Getting Metal just for the cashback is not worth it. callback: cb Fully qualified CISI Investment adviser for 5 year. However, they will tack on a 0.5% charge for exchanges made when the market is closed (i.e. Do you get medical travel insurance with Revolut premium? The Revolut Metal account has a 16.99 USD/month fee, and comes with an exclusive metal card. ); How do you verify your identity in the app? 5. As a banking affiliate, I get a commission at no cost to you if you decide to sign up through my links. We update our data regularly, but information can change between updates. Electric circuits fused into the sheet allow for 100% contactless payments. For those that dont need the insurances or extra spending limits and just want a good card with budgeting tools and that is a great travel companion, Revolut Standard may be more up your alley. The insurance will typically cover unforeseen events, accidents, serious illness or bodily injury during your period of insurance. Revolut representatives say that it sounds odd and unnecessary, to say the least. In addition, the delivery fee may vary depending on where you want to receive the card. It looks sleek and the weight of the metal makes it really satisfying to use. finder.com is a financial comparison and information service, not a bank or product provider, We cannot provide you with personal advice or recommendations, a great travel companion, Revolut Standard, Digital banks, Current accounts, Need to verify your identity in order to use your Revolut account. On the plus side, you can get cash in virtually any currency you want so it balances out. Maybe 2022 will be their year! When you sign up with Revolut, you have four account options to choose from: Standard, Plus, Premium and Metal. I updated my address in the app but how do I change the account to uk so I can benefit from the savings interest on my metal card and vaults? You are about to post a question on finder.com: document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Finder ROW Pty Ltd (ABN 38 624 431 750) provides factual information on and compares many, but not all, products and services. Over 3,000,000 people have picked Current. Freetrade Review (Pros, Cons & Is It Right For You? Once you are approved, Revolut will send you a Metal Card and will refund you for the time you didnt use your Premium account. This can be helpful if you think an ATM or a shop seems a bit dogdy. Most people seem to think the Metal cards is unnecessary and a waste of money. Account Blocked with all my funds without any explanation How to transfer my stocks away from Revolut? Here on topmobilebanks.com, he is covering macro trends in the digital banking industry. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Dont expect to break the bank, as youll only receive 0.1 percent in Europe. I don't think I'll go for that card. The newest iPhone can do the same things that a much cheaper smartphone also can do, yet, theres no shortage of people waiting in line to buy it. Your card should be delivered in Express. } forms: { TL;DR: The Revolut Metal card gives you cashback whenever you make a purchase, allows you to withdraw cash for free, and offers light travel insurance. Too bad then that we cant travel anywhere at the moment. Its typical bait and switch. If you tend to invest in Bitcoin or some of the 9 other cryptocurrencies that the app has to offer, you will have lower fees, but there are some other disadvantages. First off, the Revolut app can be used as a virtual debit card where you can load money and spend at qualifying vendors. 2. Card processing fees are much lower in Europe, thats why Revolut cant give you back more money in Europe. This, I might add, is nothing new for digital banks or payment apps. Metal credit cards first hit the market in 1999, when the invitation-only Centurion Card from American Express (a.k.a. metal was only worth for trading, but that's gone cos' they got greedy. you basically can get up to the 12.99 you pay for metal a month so the more you use ur card while the account is metal the more cashback for that month youll get. His consulting clients include prominent startups in the US and Europe. The delivery of a pre-paid Revolut card is completely free (except for Standard account holders). We may receive compensation from our partners for placement of their products or services. How much cashback do you get from credit cards every month? Standard Premium Metal; Price: Free: $9.99/month: $16.99/month: Spend in currencies: 150+ 150+ 150+ Hold in currencies: 30+ 30+ 30+ Out-of-network ATM withdrawals: Up to $1,200/month: Revolut recently added stock trading to its expanding catalog of bank products. Its not mindblowing but at least it helps offset the cost of the Metal subscription. The new Revolut Metal card is made from a single sheet of reinforced steel so its a good deal heavier than a regular credit card. We are glad that you are a user of the popular mobile bank or have shown an interest in becoming one. That is not a tonne of cash all things considered, but the fact that you can take money out wherever in the world and not incur a charge is an amazing feature for travellers. Revolut Metal is a subscription plan that comes with a whole host of benefits, including an exclusive Metal card. Apart from its monthly fee of 12.99/m (13.99/m, $16.99/m, 1800/m), probably the worst aspect of Revolut might be their poor customer support experience. You also get out-of-network ATM withdrawals at no cost up to $1,200 per month, and 100% fee-free ATM withdrawals at more than 55,000 ATMs in the Revolut network. How much money do you get if youre in the creator fund? Naturally, so much power under one roof raised some eyebrows and the Competition and Consumer Protection Commission (CCPC) has launched a preliminary investigation into the plan under competition rules. In todays highly mobile economy, its a solid niche to fill, and theyve done well to achieve that. window.mc4wp.listeners.push( As a Current mobile banking app affiliate, I get a commission at no cost to you if you decide to sign up through my links. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Revolut Premium review Compare the differences between the different Revolut cards 1 - 4 of 4 Updated regularly Compare up to 4 providers Card processing fees are much lower in Europe, that's why Revolut can't give you back more money in Europe. If youre on one of the paid accounts already, you can upgrade to the Metal Account instantly. I have the free account but the offer of one month discounted to 1 made me curious. The information contained on topmobilebanks.com is intended for informational and educational purposes only. event : evt, Premium users only get 8 commission-free trades per month and basic members only get 3 a month. There are no monthly limit and no hidden fees. It has all the Revolut Premium benefits, plus: A fancy metal card; Triple ATM withdraws abroad (no fees up to /600) Up to 0.1% cashback within Europe and up to 1% outside Europe on all card payments. If you are currently a Revolut Premium member then you can upgrade to Revolut Metal immediately from the More section of your account. Revolut supports over 150 currencies, so you can travel and use the card around the globe. This can be a huge problem if you rely on cash when travelling abroad as you have to pay 2% on each transaction after 600. Invitees were required to pay a $7,500 initiation fee and a $2,500 annual fee to add the ultra-premium card to their wallets. The exclusive metal card is also great for people that dont mind spending a little more for it. You can round up your purchases to save the change into a normal or a crypto vault. Press J to jump to the feed. Revolut Metal makes sense if you're a frequent traveller, if you spend a lot per month to benefit from the cashback, or if you otherwise don't mind the rather hefty 12.99 (or 13.99 or $16.99) monthly fee for the slick metal card. Our website is not intended to be a substitute for professional financial or other advice. they gave me 12 months free so i dont care . It works with contactless card readers. You receive a discount if you pay upfront for a full year, which costs 120. Ltd. All rights reserved. You can only withdraw 600 a month before you have to pay a 2% processing fee. The system works as follows: every pass generates a unique QR code directly in the app, so once a traveler has arrived at the airport, they just show their smartphone at the lounge reception. Revolut is a digital banking app available in Europe, including Ireland. The Purchase Protection is only available to Plus, Premium and Metal users and offers theft and accident insurance coverage on things that were purchased with your Revolut account and are brand new and bought in the last year. Currency exchange is totally free during the week though. All in all, it's a very good plan for just $100 that you can cover from cashback and exchange fees. You get 0.1 cashback. Click on 'Cards,' choose 'Physical,' and set one up on your app. A mid-tier, premium subscription plan that comes with a range of essential money management features to help you better manage your finances. Europes first metal card does look stunning in person I have to admit. Its a booking service you can use for basically anything. Customer information is etched directly into the solid metal using a high-precision laser. Revolut sent an email yesterday saying that Metal is currently limited to existing Premium subscribers. We are an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. If youre a new customer, download the Revolut app and create an account. The Revolut card lets you spend in multiple currencies, get local cash from ATMs, and transfer money globally through one account based in Singapore. This is an exclusive feature for Metal subscribers that gives you cashback in a currency (including crypto) of your choice. It comes with several exclusive features, including: Cashback. Revolut Metal also offers free international ATM withdrawalup to 600/mo. All Revolut users are able to apply for Travel Insurance (except Swiss). Savings Vaults were first introduced in 2018 and in the first two months, users saved a respectable 5 million pounds. Revolut scores 4.4 out of 5 based on 115,500+ reviews and is rated Excellent on Trustpilot. So, you can only get a card if youre a legal resident from one of the following countries: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, and the United Kingdom for now. There are five Revolut metal card colors available to choose from gold, rose gold, silver, space grey, and of course the original black. Two other options are to put in lump sums or to create a recurring monthly payment. No matter how many perks they throw at you, only the power users, or should I say power spenders, will get the most out of the account. With the Metal Card, you don't need to worry about it. There are other metal cards on the market as well, of course, some came before Revoluts metal like Wells Fargo, Chase and Capital One in the US, and American Express Centurion on both sides of the Atlantic. The Metal account is the most expensive account in the Revolut gamma but it also offers a comprehensive service. It's just scrap metal now! If you travel to America and buy a coca cola can. Are there fees when purchasing cryptocurrencies? Basically not worth it at all. If youre still on the fence thinking about getting a Revolut Metal Card Account, youre not alone. He specialises in banking and investments products, including banking apps, current accounts, share-dealing platforms and stocks and shares ISAs. Benefit from no monthly fee, no currency conversion fees and a raft of in-app budgeting features to help you save. *Note: Information provided is based on the reviews and rating on Trustpilot (7 September 2022). You can also use your virtual card for online purchases, which is a good way to prevent your metal card information from being stolen on the web. 12.99 may seem like a lot to pay each month for a bank account. Millions of Revolut users are probably thinking if they should pay a good amount of money to upgrade and get a cool-looking metal card. So if you need help with your account, you have to call or email to get support. All you have to do is spend money. With each Revolut account, youll get a Euro IBAN account, a UK current account and a bank card. You get 0.01 cashback. Keep in mind that these Metal-exclusive benefits come on top of the Revolut Premium benefits too. You could earn up to 1.2% APY with your Revolut account depending on which plan you're under. Revolut Metal. the Black Card) was introduced. ), tickr Review (Pros, Cons & Is It Right For You? Optional, only if you want us to follow up with you. The Revolut Metal card is the top-tier account offered by popular digital bank Revolut. During weekdays, Revolut Metal customers get commissions free currency exchange at the real-exchange rate. While most comments are negative, I actually like the Metal plan because: I can do the cashback in crypto (ETH) and do Dollar-Cost-Average for it, and if the price of ETH will rebound, the cost of the plan will be paid by the cashback alone, I can do unlimited EUR transfers free of charge, I can do up to 3 USD transfers for free, which would cost me a lot with other banks, I have auto-disposable virtual cards for online shopping. Revolut Metal Card (Full Review 2022) Tommy Gallagher September 14, 2021; 12.99/m, 13.99/m, $16.99/m, 1800/m; Faster money transfers Here is a quick breakdown of Revolut Metals fees and charges: Currency exchange is a big draw of the program. The free global card delivery is a lovely touch. That sounds like a great deal although, luckily, I havent used it personally. Metal customers enjoy a range of exclusive benefits, including up to 1% cashback in any of Revolut's 29 supported currencies and 5 supported cryptocurrencies, a dedicated concierge service for booking things like flights and festival tickets, and early access to new features, such . Welcome to the unofficial Revolut subreddit. Revolut Metal is a premium service and costs 12.99/mo. We also dont like that theres a monthly 800 withdrawal limit. Revolut Metal is the fintech company's most premium subscription plan. Charlie has a first-class degree from the London School of Economics, and in his spare time enjoys long walks on the beach. plan which was supposed to give me priority, however, didnt do much and still had to wait hours for service. Revolut Metal cardholders can use the concierge services to book flights, make dinner reservations, buy festival tickets, etc. window.mc4wp = window.mc4wp || { I paid for the Revolut. The plan costs 12.99 per month and you can learn more about what's included here. The most obvious downside is the very low no-transaction cash withdrawal limits. You can even add a multiplier to the round up to speed up the savings. With so much talent on the island, they have reportedly selected Italian fintech giant Sia to provide the technology. Since this is an unofficial subreddit, please do not post private information (read more about this in the rules). finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. The company only has 10,000 cards for now, so it could take a bit of time before you get your card. Top 4 banks in Ireland are trying to launch a digital payments app that they hope will help them resist the threat posed by new digital banks, such as Revolut. Revolut Metal is much more than just a contactless metal card. Like many challenger banks, Revolut has been well-received among the younger and travel-inclined. For Metal, theres a 10,000/year limit. For cryptocurrencies, the exchange markup is 1.5% and for commodities 0.25%. Avoid revolut and especially metal. An example is the vaults feature. I would never pay monthly as its cheaper to pay annually, so I have the option of 70 for the Premium Plan or 116 for the Metal Card. Go to the More section of the app, tap Upgrade and then tap Go Metal!. I prefer using the Revolut metal card over the app anytime. Yes, you need the app installed on your Android or iOS device. We may also receive compensation if you click on certain links posted on our site. How much are 18 grams of metal worth to you? There are no deposit fees, no subscription fees and no exit fees. You'll also get delayed baggage and delayed flight insurance as part of the package. You can upgrade from the basic plan from the More section of your account too, but since Metal Cards are limited and Premium upgraders receive priority, you might have to wait a few weeks before you can make the switch. Vault balances wont appear on your overall account balance and you can set up automatic vault transfers each month so you save without any personal input. Standard account holders pay no monthly or yearly fee; a Revolut Plus account is 2.99 month; a Revolut Premium accounts costs 6.99 a month; while a Revolt Metal account is 12.99 a month or 120 a year. Tsering 9 October 2018 11:16 #5 What about after one or two months ?? It's definitely worth it if you like to travel a lot and don't use much cash. You'll earn 0.80% APY on your . How Revolut cards work Revolut virtual cards are really simple to create and use. How much gold do you get from Phase 2 Argos? So its clear that Revolut is targeting people who want to look cool with a metal card. Finally, you can access a concierge service to book hotels, flights or restaurants if youre a Metal subscriber. However, Revolut charges a 1.5% markup on the average exchange price. on: function(evt, cb) { Revolut is accepted in all retail outlets that accept prepaid Mastercards. Yes. We hope that this Revolut Metal Card review helped you make a decision. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. (function() { 600 is not that much cash, but if you travel and dont spend cash very often, it might work out fine. First of all, the Metal card offers 1% cashback on international purchasesin more than 28 currencies, including the British pound (), USD ($), and Euro (), as well as for cryptocurrencies such as Bitcoin, Litecoin, and Ether. If you have a Revolut Standard account, go to the Upgrade section to make the request. Keep in mind that Revolut will charge a 0.01% annual fee of total assets. Confirm details with the provider you're interested in before making a decision. The Revolut Premium and Metal plans offer travel medical insurance options and discounts on airport lounges. Yes. Here is an overview of the currency exchange fees. Revolut currently only supports countries in the European Economic Area and Switzerland. A Revolut standard account is free to create and has no monthly fees while the premium account costs 6.99/mo. We are not a product issuer, credit provider or financial advisers nor are we a credit intermediary or broker. For most younger people, this is not a big deal, but older customers might be turned off by the inability to meet with a representative at a physical location. They recently screwed over all their metal users. What does it mean? 201913420G), 68 Circular Road #02-01, 049422, Singapore. The first lounge pass is free and subsequent ones cost 25 per person. Sign up to Revolut through Finder and receive a free trial of Revolut Premium for 3 months. . No interest on vaults as I live outside the UK and 0.1% cashback, literally like a penny here and there. What are they waiting for? Can I use the Revolut card to pay in shops overseas? You can leave a thumbs up or thumbs down to let them know what you thought about the recommendation. Revolut Metal has free currency exchange on 25 different currencies and several cryptocurrencies. The card is linked to the Revolut app that helps you purchase currencies, keep track of your spending as well as exchange rates, and get alerts on purchases. I don't find too many advantages to having a Revolut Metal card unless you're regularly spending more than 971 GBP/1,125 EUR per month on expenses outside of Europe. A joint venture by AIB, Bank of Ireland, Permanent TSB and the Irish arm of Belgian bank KBC is needed to make 1 digital payments app! The Revolut app can also be used to verify transactions from the Metal Card. Metal card users get access to unlimited foreign exchangeat the real exchange rate. That means you can exchange currency for exactly what its worth, without any processing or transaction fees. topmobilebanks.com is owned and operated by Creativity Style Marketing Pte. Similar to Netflix, not everyone gets the same Rewards as recommendations. You can purchase additional airport lounge passes on the Revolut app. } Revolut users can make vaultspots that let you set money aside. Cheers! After youre verified, you can start using your Revolut Metal account. The basic premium subscription costs 7.99 per month or 82 per year (6.99 per month or 70 per year). Another benefit from Revolut Metal is the free and discounted airport lounge passesfor travelers who need to rest and relax after long hours at the airport. 2022 Creativity Style Marketing Pte. ), Hargreaves Lansdown Review (Pros, Cons, Is It Right For You? Youll also be able to spend in more than 150 currencies at the interbank exchange rate and carry out exchanges in 30 currencies fee-free. If you're a high flyer, baller, whatever, you can opt for a Revolut Metal card, which costs 12.99/month. If youre already on Revolut Premium, then you can upgrade to Metal instantly. Do I need a smartphone to check my Revolut account? Do I have to exchange my money into the local currency of where I'm going? One last drawback is Revolut does not have any physical banking locations. Sign up to Revolut as a new customer through Finder and receive a free trial of the Revolut Premium account for 3 months. Revolut Metal Card (Full Review 2022) Tommy Gallagher September 14, 2021 12.99/m, 13.99/m, $16.99/m, 1800/m Faster money transfers Worldwide travel insurance Free airport lounge passes Event ticket protection Purchase and returns protection Cheaper investing Unlimited no-fee currency exchange Revoluts main draw is convenience so they have a mobile app that can handle most banking functions and some extra things. In some cases, Revolut's exchange rate is even better. Do they seriously have to be the last ones offering special perks to their customers? Ltd., a registered company in Singapore (Company No. Revoluts card is slightly cheaper, and N26 focuses on partner offerings from WeWork, Hotels.com or Drivy.