using the revolut card?

[steveo3002]

i have a revolut card , not used it alot as i haven't been traveling

so i can see how i load up my £gbp , say i load £500 for my holiday in euro land , do i then have the option for revolut to convert to euro every time i use the card , OR convert the £500 to euros if i see a rate that im happy with?

i was under the impression that theres no charges ? i tried converting a few hundred to euros and it came up you will have xxxx euros after the £1.80 conversion fee ? i dont recall the fee in the past ?

[CharlesElliott]

It will auto convert on demand OR you can convert manually and it will use the native currency by preference.

Fees - on a basic account you have a monthly limit (can't remember what it is - £1000?) and there is also a charge if you exchange out of normal hours.

[steveo3002]

hmm so what was this £1.80 fee ...not that its a big deal

[Rushjob]

Did you convert it at the weekend by chance? That's when Revolut charge me for money exchange. During the week there are no charges for currency exchanges.

[steveo3002]

i dont think so , need to check its on the mrs phone

so when you hit £1000 does it stop or start charging a fee ?

i guess leave it as pounds next time

[CharlesElliott]

It starts at £1,000 (with a free account).

All of our plans allow you to make at least £1,000 of exchange per month without an exchange fair usage fee. However, after that, an exchange fair usage fee of 0.5% applies for Standard and Plus plans. You can avoid this completely by upgrading to a Premium or Metal plan (if you haven’t already), which don’t have any exchange fair usage limits.

AND

Exchanging when the market is closed. This covers the uncertainty of making an exchange while the market is closed (which is why our fee can be smaller during business hours).