Check Revoluts website to make confirm specific country coverage. Card processing fees are much lower in Europe, that's why Revolut can't give you back more money in Europe. This, I might add, is nothing new for digital banks or payment apps. It's just scrap metal now! 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 Choose from one of four tiers and manage your money from the comfort of your own home. Easy. Revolut Metal has free currency exchange on 25 different currencies and several cryptocurrencies. If you're a high flyer, baller, whatever, you can opt for a Revolut Metal card, which costs 12.99/month. We hope that this Revolut Metal Card review helped you make a decision. Revolut scores 4.4 out of 5 based on 115,500+ reviews and is rated Excellent on Trustpilot. Trustpilot pages of these companies look like a bloodbath from all the red, negative reviews. The Revolut app can also be used to verify transactions from the Metal Card. Youll also get a refund for the month or months you didnt use your Premium account. Under the More section of the app, go to Upgrade and press Go Metal!. plan which was supposed to give me priority, however, didnt do much and still had to wait hours for service. ), tickr Review (Pros, Cons & Is It Right For You? While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. Your cashback is even limited. This account gets you more perks and higher limits than either of the lower tier account options, but is it worth it? It can be EUR, USD, BTC or ETH, as Revolut supports fiat currencies and a handful of cryptocurrencies. His consulting clients include prominent startups in the US and Europe. What are they waiting for? It's the country that you make the purchase in. the Black Card) was introduced. One last feature is the complimentary concierge service. This is an exclusive feature for Metal subscribers that gives you cashback in a currency (including crypto) of your choice. For every purchase I get 0,1% cashback ( German user) For every transaction outside of the EU I would get 1%. 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. How much is a Revolut Metal card? Yes. Revolut Metal also offers free international ATM withdrawalup to 600/mo. ). Go to the More section of the app, tap Upgrade and then tap Go Metal!. With so much talent on the island, they have reportedly selected Italian fintech giant Sia to provide the technology. Keep in mind that Revolut will charge a 0.01% annual fee of total assets. If you do most of your traveling over the weekend, then you can wrack up a good chunk in currency exchange fees. Even with the standard plan global delivery is 4.99, so any Revolut plan gives great delivery benefits. 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. With such fierce competition from challenger banks like Revolut, they should have jumped on the metal bandwagon straight away. Which countries can you get a Revolut card in? Revolut Metal costs 13.99 per month or 135 per year (12.99 per month or 120 per year). Freetrade Review (Pros, Cons & Is It Right For You? This includes cryptocurrency spending. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Press question mark to learn the rest of the keyboard shortcuts. However, Revolut charges a 1.5% markup on the average exchange price. 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) For Metal, theres a 10,000/year limit. Premium and Metal accounts offer the most competitive investing fees of all four plans. Revolut is following N26s path and becomes the second challenger bank that offers a metal 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. Our website is not intended to be a substitute for professional financial or other advice. 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. But they are launching across the world soon, so stay tuned. Here is an overview of the currency exchange fees. One problem we noticed with Revolut is the low withdrawal limits. 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. 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. You'll earn 0.80% APY on your . Revolut representatives say that it sounds odd and unnecessary, to say the least. Charlie Barton is a publisher at Finder. Ts&Cs apply. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. 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. Revolut has a handful of downsides, none of which appear to be absolute dealbreakers. 12.99 may seem like a lot to pay each month for a bank account. As the name suggests, subscribing to Revolut Metal gives you a metal card as well as additional perks compared to Revolut Premium. We are glad that you are a user of the popular mobile bank or have shown an interest in becoming one. Revolut metal offers free global express delivery and priority customer support. When you sign up with Revolut, you have four account options to choose from: Standard, Plus, Premium and Metal. It will be dependent on the delivery method you prefer and is clearly indicated on the app. It has a brushed metal look, a tiny Revolut logo in the top right corner and your name in the bottom left corner. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. 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. You can even add a multiplier to the round up to speed up the savings. Will I be charged extra if I order a Metal card and cancel my Metal plan? Coinbase Review (UK) - Still The Best Crypto Exchange? How much are 18 grams of metal worth to you? 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. There are a couple of ways to save up money with vaults. All you have to do is spend money. Avoid revolut and especially metal. If you buy a can of coca cola in UK. Revolut is a digital banking app available in Europe, including Ireland. Which countries can I travel to and use my Revolut Card in? Every time you use your Revolut card, the company gets a fraction of the card processing fee from MasterCard or Visa. Revoluts main draw is convenience so they have a mobile app that can handle most banking functions and some extra things. 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. Heres our short verdict: Revolut metal card was never about value for money. Tommy Gallagher is an ex-investment banker and founder of TopMobileBanks. After reading more I discovered canceling, even the next level up would cost up to 3 months of payments. The plan costs 12.99 per month and you can learn more about what's included here. Account Blocked with all my funds without any explanation How to transfer my stocks away from Revolut? Finally, you can access a concierge service to book hotels, flights or restaurants if youre a Metal subscriber. The most obvious downside is the very low no-transaction cash withdrawal limits. Revolut is a London-based firm that has been making waves in the fintech world recently. Optional, only if you want us to follow up with you. Fintech startup Revolut is launching a new premium card. Create an account to follow your favorite communities and start taking part in conversations. metal was only worth for trading, but that's gone cos' they got greedy. 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. on: function(evt, cb) { Press J to jump to the feed. Is the metal card a trend that other digital banks are going to follow? Good luck to them is all we can say. How much boost time do you have on the splooge boost? Revolut Metal. Do they seriously have to be the last ones offering special perks to their customers? With the Metal Card, you don't need to worry about it. Revolut is good for traveling, especially if you choose the metal plan. Can I use the Revolut card to pay in shops overseas? window.mc4wp.listeners.push( We may also receive compensation if you click on certain links posted on our site. So if you need help with your account, you have to call or email to get support. Europe, South America, North America, Africa, Asia and Australasia are all covered to some extent. Missing my international transfer for a month now! Instead, the prestige that the sleek metal card offers its users is its true value. As with any, Finder is committed to editorial independence. 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. We are an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. It is a shame really that customer experience has taken a backseat to explosive growth and a lack of interest I guess. 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. 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). Your card should be delivered in Express. . You can use Revolut safely abroad and you can block and unblock your card as much as you want. 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 Revolut Metal customers also get a higher ATM limit and can withdraw up to 600/600 without any fee. Revolut Metal cardholders can use the concierge services to book flights, make dinner reservations, buy festival tickets, etc. Aside from your metal card being delivered to your doorstep for free, you also get other perks that mostly enhance your traveling experience. The free global card delivery is a lovely touch. In other words, when you spend 1,000, youll receive 1. } Revolut is accepted in all retail outlets that accept prepaid Mastercards. 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. A Revolut standard account is free to create and has no monthly fees while the premium account costs 6.99/mo. Revolut Premium review Compare the differences between the different Revolut cards 1 - 4 of 4 Updated regularly Compare up to 4 providers 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. There are no deposit fees, no subscription fees and no exit fees. This is especially true for investing fees and markups. 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. 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. In fact, other companies are arguably even worse. Revolut Metal is a premium service and costs 12.99/mo. If youre on one of the paid accounts already, you can upgrade to the Metal Account instantly. A Revolut Metal card costs 12.99 per month, which it deducts from your Revolut account automatically. Yes. The easy-to-use app and cheap abroad spending options have made it a popular consumer choice. Here is a quick breakdown of Revolut Metals fees and charges: Currency exchange is a big draw of the program. Maybe 2022 will be their year! He is an early participant in banking digital transformation and fintech development. How do you verify your identity in the app? Dont expect to break the bank, as youll only receive 0.1 percent in Europe. } *Note: Information provided is based on the reviews and rating on Trustpilot (7 September 2022). Updating your address will only make it so new cards will . In todays highly mobile economy, its a solid niche to fill, and theyve done well to achieve that. 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. An example is the vaults feature. Revolut users can make vaultspots that let you set money aside. 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. In addition, the delivery fee may vary depending on where you want to receive the card. There are five Revolut metal card colors available to choose from gold, rose gold, silver, space grey, and of course the original black. Europes first metal card does look stunning in person I have to admit. All in all, it's a very good plan for just $100 that you can cover from cashback and exchange fees. how much fps do you get with these specs on laptop? Sign up to Revolut as a new customer through Finder and receive a free trial of the Revolut Premium account for 3 months. The new Revolut Metal card is made from a single sheet of reinforced steel so its a good deal heavier than a regular credit card. topmobilebanks.com is owned and operated by Creativity Style Marketing Pte. You get 0.1 cashback. The Revolut card lets you spend in multiple currencies, get local cash from ATMs, and transfer money globally through one account based in Singapore. callback: cb First of all, the Metal card offers 1% cashback on international purchasesin more than 28 currencies, including the British pound (), USD ($), and Euro (), as well as for cryptocurrencies such as Bitcoin, Litecoin, and Ether. 5. How much cashback do you get from credit cards every month? It looks sleek and the weight of the metal makes it really satisfying to use. Here on topmobilebanks.com, he is covering macro trends in the digital banking industry. What does it mean? Revolut Metal customers also get a higher ATM limit and can withdraw up to 600/ . Customer information is etched directly into the solid metal using a high-precision laser. 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. All Revolut users are able to apply for Travel Insurance (except Swiss). Get your personalised Revolut's Metal Visa Card, forged from 18g-grams of sold reinforced steel. This can be helpful if you think an ATM or a shop seems a bit dogdy. Youll need to pay many, many things with your Metal card to cover the price difference. Do you get medical travel insurance with Revolut premium? Anyone thats not on the Revolut platform, can start here. ), Hargreaves Lansdown Review (Pros, Cons, Is It Right For You? not the most positive answers . LOL :). So its clear that Revolut is targeting people who want to look cool with a metal card. 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. But the two companies have a different approach. Yes, you need the app installed on your Android or iOS device. } Read more about the pros and cons of investing with Revolut in our article. The information contained on topmobilebanks.com is intended for informational and educational purposes only. 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. I paid for the Revolut. Like many challenger banks, Revolut has been well-received among the younger and travel-inclined. Enjoy the subreddit and follow the rules. First off, the Revolut app can be used as a virtual debit card where you can load money and spend at qualifying vendors. Fully qualified CISI Investment adviser for 5 year. It's definitely worth it if you like to travel a lot and don't use much cash. 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. We may receive compensation from our partners for placement of their products or services. Revolut sent an email yesterday saying that Metal is currently limited to existing Premium subscribers. I prefer using the Revolut metal card over the app anytime. (function() { Revoluts card is slightly cheaper, and N26 focuses on partner offerings from WeWork, Hotels.com or Drivy. You can sign up for a Revolut Metal account easily online. Its definitely worth it if you like to travel a lot and dont use much cash. Do I need a smartphone to check my Revolut account? A mid-tier, premium subscription plan that comes with a range of essential money management features to help you better manage your finances. Basically not worth it at all. 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. 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. they gave me 12 months free so i dont care . However, if youre just looking for a card with travel perks and the limits arent too restrive, Revolut Premium may be worth looking at. If youre already on Revolut Premium, then you can upgrade to Metal instantly. 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. In addition to the new card and existing premium benefits, you can claim cash back on all spending in the currency of your choice. If youre a new customer, download the Revolut app and create an account. Ltd., a registered company in Singapore (Company No. 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. So I need to upgrade. Moneybox Review (Pros, Cons & Is It Right For You? Advertisement Coins. It's which country are you making the purchase from. Revolut currently only supports countries in the European Economic Area and Switzerland. 2022 Creativity Style Marketing Pte. Click on 'Cards,' choose 'Physical,' and set one up on your app. If you are unsure you should get independent advice before you apply for any product or commit to any plan. On the plus side, you can get cash in virtually any currency you want so it balances out. How much money do you get if youre in the creator fund? 600 is not that much cash, but if you travel and dont spend cash very often, it might work out fine. Most people seem to think the Metal cards is unnecessary and a waste of money. 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 . Theyll recommend Rewards based on what you liked or bought before. Former Metal subscriber. Welcome to the unofficial Revolut subreddit. 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. Let's see how Revolut intends to solve this issue. With the Revolut Metal card you can spend in more than 140 currencies, and exchange in 28+ fiat currencies. You will need to take a picture of a valid government-issued photo ID and a picture of your face. With each Revolut account, youll get a Euro IBAN account, a UK current account and a bank card. You can send and spend money at the interbank rate. Electric circuits fused into the sheet allow for 100% contactless payments. Once you are approved, Revolut will send you a Metal Card and will refund you for the time you didnt use your Premium account. That's how much you'll need to spend to get your monthly fees returned as cashback rewards. Here is a curated breakdown of the features and benefits of the Revolut Standard, Premium and Metal cards. Since this is an unofficial subreddit, please do not post private information (read more about this in the rules). Revolut Metal is the fintech companys most premium subscription plan. The Metal account is the most expensive account in the Revolut gamma but it also offers a comprehensive service. After youre verified, you can start using your Revolut Metal account. Definitely hands off from metal. 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. You can leave a thumbs up or thumbs down to let them know what you thought about the recommendation. Benefit from no monthly fee, no currency conversion fees and a raft of in-app budgeting features to help you save. 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. Exclusive to Metal customers, first card free. 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. We update our data regularly, but information can change between updates. It comes with all the benefits of a standard and premium account, plus the Metal-exclusive benefits. })(); 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. 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. **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. It is an easy way to make yourself look important and cool. Once it appears in your Revolut app (alongside the details of your physical card), you can use it right away for shopping and spending. Revolut Metal is much more than just a contactless metal card. Metal credit cards first hit the market in 1999, when the invitation-only Centurion Card from American Express (a.k.a. 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. We also dont like that theres a monthly 800 withdrawal limit. 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. Its typical bait and switch. window.mc4wp = window.mc4wp || { The Revolut app also supports both Google Pay and Apple Pay, a very useful integration. Metal users get travel insurance for FREE and the insurance policy will cover overseas emergency medical assistance and expenses for you and your family. You can only withdraw 600 a month before you have to pay a 2% processing fee. Not at all. We may also receive compensation if you click on certain links posted on our site. The Revolut Metal account has a 16.99 USD/month fee, and comes with an exclusive metal card. 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. Ltd. All rights reserved. Revolut recently added stock trading to its expanding catalog of bank products. It's not where the user is born. You get 0.01 cashback. Currency exchange is totally free during the week though. If you travel to America and buy a coca cola can. You could earn up to 1.2% APY with your Revolut account depending on which plan you're under. The most expensive Revolut account has some lower fees than other accounts. The delivery of a pre-paid Revolut card is completely free (except for Standard account holders). The insurance will typically cover unforeseen events, accidents, serious illness or bodily injury during your period of insurance. Are there fees when purchasing cryptocurrencies? I got metal recently and regret it. 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. During weekdays, Revolut Metal customers get commissions free currency exchange at the real-exchange rate. Card processing fees are much lower in Europe, thats why Revolut cant give you back more money in Europe. The basic premium subscription costs 7.99 per month or 82 per year (6.99 per month or 70 per year). If you are currently a Revolut Premium member then you can upgrade to Revolut Metal immediately from the More section of your account. 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? Even better, the Metal plan gives unlimited free stock trades. May 29, 2020. This includes online payments using your Revolut Card. It comes with several exclusive features, including: Cashback. (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 You can create one in the app (we'll show you how in a moment) and use it just like an ordinary debit card. The point of the multi-currency debit card is to offer compelling travel benefits and cashback to customers. Receive a stainless steel Metal card available in 3 shades, an insurance package and exclusive offers. The Revolut Premium and Metal plans offer travel medical insurance options and discounts on airport lounges. Luckily, weve got the answers. Revoluts app incorporates a lot of money management solutions to help you keep your finances under control. on the weekend). There is a 2% charge after the initial 600. I don't think I'll go for that card. 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: 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. Youll need to verify your ID with documentation and by taking a selfie. As a banking affiliate, I get a commission at no cost to you if you decide to sign up through my links. Revolut will refund you for the month or months you didnt use your Premium account. How much gold do you get from Phase 2 Argos? 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. Two other options are to put in lump sums or to create a recurring monthly payment. 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. While we are independent, we may receive compensation from our partners for featured placement of their products or services. However, they will not cover pre-existing conditions which are not on their acceptable conditions list. 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. You'll also get delayed baggage and delayed flight insurance as part of the package. 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. 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. Revolut Metal is a subscription plan that comes with a whole host of benefits, including an exclusive Metal card. 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? A smart IBAN account with no currency conversion fees, complimentary insurances and no ATM fees here or abroad. 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. Our website is not intended to be a substitute for professional financial or other advice. 201913420G), 68 Circular Road #02-01, 049422, Singapore. 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. You can purchase additional airport lounge passes on the Revolut app. They recently screwed over all their metal users. That sounds like a great deal although, luckily, I havent used it personally. Another potential downside is the weekend transaction fees on currency exchanges. If youre still on the fence thinking about getting a Revolut Metal Card Account, youre not alone. Over 3,000,000 people have picked Current. Lets go back to our Revolut metal card review now. Revolut is currently branching out and trying to attract wealthier customers, which is why they released the Revolut Metal Card. Learn how we maintain accuracy on our site. Getting Metal isn't worth it. There are no monthly limit and no hidden fees. The first lounge pass is free and subsequent ones cost 25 per person. 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. Must admit I get a bit annoyed at all the benefits given to new members without rewarding the old ones. Getting Metal just for the cashback is not worth it. 0 coins. listeners: [], 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. The exclusive metal card is also great for people that dont mind spending a little more for it. Revolut is also constantly adding Rewards that range from online discounts to in-store cashback. Revolut Metal users also get free international money transfersand travel insurance that covers emergencies or lost items. ), Monzo vs Revolut vs Starling: Head-To-Head Comparison (2020). Premium users can only withdraw up to 400/400 for free as a comparison. One last drawback is Revolut does not have any physical banking locations. The company only has 10,000 cards for now, so it could take a bit of time before you get your card. I would never upgrade an account solely for the looks of a debit card but this one might just be worth it. 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. Tsering 9 October 2018 11:16 #5 What about after one or two months ?? I have the free account but the offer of one month discounted to 1 made me curious. 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. 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. The app interface is very smooth and has decent features for tracking finances, like a budgeting tool and breakdown of expenses. Revolut Metal situates itself primarily in the travel niche and has a ton of features that are useful for customers who travel frequently. What is Revolut and how does it work? And what about high-street banks? 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. 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. Some came after, such as N26, bunq, Curve, and Monzo to name a few. Its a booking service you can use for basically anything. The Revolut Metal card is the top-tier account offered by popular digital bank Revolut. However, they will tack on a 0.5% charge for exchanges made when the market is closed (i.e. Youll earn cashback at the rate of 0.1% in Europe and 1% outside Europe. 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. Managed UK private client portfolios. { Sign up to Revolut through Finder and receive a free trial of Revolut Premium for 3 months. Let me give you a single example that will show with amazing clarity all the inertia that high-street banks are displaying. You have to delete your current Revolut account completely, and start fresh with a brand new Revolut UK account. In some cases, Revolut's exchange rate is even better. 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. event : evt, He specialises in banking and investments products, including banking apps, current accounts, share-dealing platforms and stocks and shares ISAs. It just doesnt sit well. 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. While, Great app and features but slow customer and not always very good customer service. Granted its 46 per year more than Premium, but you do get Hire Car Excess cover (which I pay 40 for . Charlie has a first-class degree from the London School of Economics, and in his spare time enjoys long walks on the beach. Do I have to exchange my money into the local currency of where I'm going? You can round up your purchases to save the change into a normal or a crypto vault. Cheers! It works with contactless card readers. ); finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. 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! 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. Revolut is a London-based firm that has been making waves in the fintech world recently. The information contained on topmobilebanks.com is intended for informational and educational purposes only. } Receive 0.1% cashback on spending within Europe and 1% outside of Europe, capped at 13.99 per month. No interest on vaults as I live outside the UK and 0.1% cashback, literally like a penny here and there. Your rewards might be rejected if you return the product or buy offline when the promo was online-only, and other such reasons. If you have a Revolut Standard account, go to the Upgrade section to make the request. You can get insured for less than a pound per day or if you travel a lot, theres a 30 annual price tag. Savings Vaults were first introduced in 2018 and in the first two months, users saved a respectable 5 million pounds. Wealthify Review: Should You Use This Robo-Adviser? ? The program is run through LoungeKey and offers access to over 1,000 airport lounges in 120 countries. Premium users only get 8 commission-free trades per month and basic members only get 3 a month. Similar to Netflix, not everyone gets the same Rewards as recommendations. 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. Revolut Metal is geared towards those who like to travel internationally, so it has some perks that are very attractive for the habitual wanderer. Exclusive offer: Sign up through Finder and receive 6 months of no service fees with MoneyJar. Revolut Metal is the fintech company's most premium subscription plan. Revolut used to allow up to 1,000 in monthly withdrawals but they recently lowered the amount to 600. 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. You receive a discount if you pay upfront for a full year, which costs 120. We are not a product issuer, credit provider or financial advisers nor are we a credit intermediary or broker. The monetary benefits dont end there either. Check the real current exchange rate on Google and it will be almost identical to what Revolut is offering. Keep in mind that these Metal-exclusive benefits come on top of the Revolut Premium benefits too. Revolut supports over 150 currencies, so you can travel and use the card around the globe. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. 2. For cryptocurrencies, the exchange markup is 1.5% and for commodities 0.25%. Its impressive how Revolut has built its brand with international travellers in mind. How Revolut cards work Revolut virtual cards are really simple to create and use. The Revolut Metal card is essentially Revoluts premium subscription service. Its not mindblowing but at least it helps offset the cost of the Metal subscription. Revolut Metal. forms: { In this review, we will take you through what you need to know before deciding if Revolut Metal is right for you. Confirm details with the provider you're interested in before making a decision. 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