I paid my annual subscription of 120 up front. You wont make a fortune, but if you spend enough with your Revolut Metal card, it can at least pay for itself, especially if you travel or spend a lot. After you exceed the $1,200 limit, you pay a 2% fee on every ATM withdrawal. Next year I'm going to Japan and Korea for 3 months. If a flight youre travelling on is delayed by more than an hour, you and three companions (that's up from just one with Premium!) Whether the Revolut Metal card is worth it depends on your individual needs. To round this up, here are the main differences to the Revolut Premium card which costs 6.99 per month. I'm on Metal and when applied app said to me that I could have changed from monthly to annual payment after. Insurance related-products are arranged by Revolut Travel Ltd which is authorised by the Financial Conduct Authority to undertake insurance distribution activities (FCA No: 780586) and by Revolut Ltd, an Appointed Representative of Revolut Travel Ltd in relation to insurance distribution activities. You cannot enter an overdraft. We'll tell you the discounted fee for your annual Metal subscription before you sign-up or upgrade. We had to change our travel plans and I booked our flights last minute on our way to the airport. Well, through the use of a cryptocurrency debit card, you can. Though its Revoluts most expensive plan, in our opinion, Revolut Metal is the best metal card offering on the market, coming with an exclusive card you can choose from among five different metals and a slew of exciting offerings. But we are yet to confirm this statement with the company. You can buy the access at any lounge so the option to book it via Revolut doesnt provide much value. Save my name, email, and website in this browser for the next time I comment. There was a famous case of a reporter who got his account blocked and Revolut just ran away with his money. The following is a picture of the card obtained from the Revolut-website on the date of last updating this review (22 January 2021): Revolut Metal Cards fees are very competitive indeed. While Revoluts two-factor verification for online purchases works like a charm, the N26 feature has tons of bugs and its almost impossible to make online purchases at least thats the case with my N26 card. Some users like to see a comparison between the standard card and the Revolut Metal. Revolut Card is a Mastercard, meaning that you can use the card at any point of payment that accepts Mastercard. I can only speak from my own experience. Subscription Subscription fee. Weighing a respectable 18 grams and fashioned out of a single sheet of steel, the Revolut Metal card is available in no less than five different finishes you can choose from: space grey, silver, gold, rose gold, and black metal. Hurry, the giveaway starts at 12:00 GMT on 27-02-2019 and will finish at 12:00 GMT on 28-02-2019. a US-based card) or you add money with a commercial card then we may charge a small fee just to cover . https://community.revolut.com/t/how-can-i-speak-to-a-person-for-help/12541/52. 08804411) is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Firm Reference 900562). And honestly in the end the amount is not that high. As for ATM-withdrawals, Revolut will charge you no extra fees as long as you don't withdraw more than a certain amount. If you come from North America, you might consider the Revolut Premium card for $9,99 instead. I am a Metal cardholder, and am based in the United Kingdom. It helps to cover for some of the fees, however, I feel like this shouldnt really by the metric to compare. "@type": "Person", You get a free UK and free IBAN account that you can access in your Revolut app. This is naturally very impressive. Revolut Ltd 2022 USD 250. Personal fees (Metal) Personal As for ATM-withdrawals, Revolut will charge you no extra fees as long as you don't withdraw more than a certain amount. These updated fees apply from week commencing 03 October 2022.Theprevious Standard fees will apply before that date. Revolut said it can take up to 45 days. You also get access to several features like co-parents or savings goals. Trading and investment products are provided by Revolut Trading Ltd (No. Revoluts Perks are also coupon codes currently available only for UK users and they arent as good either. The monthly plan gives you the option to cancel before the end of the 12 months period. Revolut is currently available in the EEA (European Economic Area), Australia, Canada, U.S., Singapore and Switzerland. What I really appreciate about Revolut Metal is the whole ecosystem that simply works. all card payments within Europe and 1% cashback on card transactions outside of Europe. I am not aware of any limits when it comes to the amount of money you can store. After this limit there is a 2% fee (with a minimum charge of 1). Yes, there are some rumors. You'll also get delayed baggage and delayed flight insurance as part of the package. If you use one of the traditional banks, chances are that they charge you enormous fees while providing little to no value. And when you want to cancel that early as well, you can do that again and pay the break fee. Metal plan users will receive 0.1% cashback on all card payments within Europe and 1% cashback on card transactions outside of Europe. New comments cannot be posted and votes cannot be cast. This allows us to match our users with the right providers to suit their needs and, in doing so, match our providers with new customers, creating a win-win for everybody involved. Well, it's actually quite simple, every time you use the card, a percentage of what you pay with the card gets transferred back to you in a certain form you have selected. I'm in the first day of trial. 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. My personal experience with the Revolut Metal card after 12 months. On review site Trustpilot, customers have rated Revolut 4.5/5, with 91% of reviewers rating it as Great or Excellent. This means that I will earn a small commission if you do make a purchase at no additional cost to you. You can either tell Revolut to transfer each month a certain amount to your vaults or do a one-time transfer. Fees apply Exclusive Revolut Metal card Cashback on card payments Discounted international transfers 20% 40% Revolut <18 accounts 1 <18 2 <18s 2 <18s The Revolut Metal account has a 16.99 USD/month fee, and comes with an exclusive metal card. Revolut was no exception. Get 3 months of free Premium as a Monito reader with our exclusive link. If you decide to get the annual plan and pay upfront it will cost you only 82 / 70. Revolut Ltd (No. Many users consider ordering the Revolut Metal card for its insurance. Once you have liked and retweeted the post, you will have the chance to receive a free twelve-month subscription to Revolut Metal, as part of our Free Metal Giveaway. But if not, check out one of the other cards in our crypto debit card list. 40% discount on any costs. After you register you can upgrade to the Revolut Metal plan. All opinions are my own. Revolut's commodities service is not regulated by the FCA. Learn more about it in my comprehensive Revolut Metal review. anacr 18 November 2021 19:15 #14. The fact that you get a discount for paying upfront sweetens the deal, though. Note that you do not actually own the crypto, you just bet on it, and the 1.5% is actually a lot in terms of crypto fees. Hello there. And the percentage is from 0.10% up to 1.00%, depending upon where you make your purchase. Just read this thread, I mean theres people complaining 16h ago: If you are thinking about getting the Revolut Metal plan, you will likely use the card or the virtual cards to make online purchases. You can spend in multiple currencies using the interbank exchange rate. and our Revolut proposed a quick solution and the charge-back was accepted. We are also registered with the Financial Conduct Authority to offer cryptocurrency services under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. Revolut Metal is the cheapest metal plan in its price bracket: amongst comparable services, N26 Metal (for EU residents) costs 16.90 per month, and Monzo Premium (for UK residents) will set you back 15 every month, and neither offers a discount if you pay upfront. Revolut Ltd (No. With the annual plan, its only 9.66 per month a price of three coffee cups. Open up to 5 <18s account and unlock full access to our famous <18 tools We have a great feeling about the Revolut Metal Card. In most cases, you will need to verify the transactions in our Revolut app. Registered address: 7 Westferry Circus, Canary Wharf, London, England, E14 4HD. Tsering 9 October 2018 11:16 #5 What about after one or two months ?? An interesting option is also to let Revolut round up your expenses and add the spare cash to your vault. Personal Fees (Premium) Personal. The primary benefit of Revolut Metal is the 1% cash back which you receive on purchases charged to the card outside of Europe. Take a look below to see all available Wise and Revolut accounts: For a fee of $9.99 per month, you can gain access to features such as a higher annual percentage yield (APY) on your savings, disposable virtual cards, and premium debit cards with Revolut Premium. Revolut offers currently the cheapest way to pay for your expenses abroad or in different currencies. After all the card is just that, everything is attached to your account. Revolut Metalmakes 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. You would have to check with the current terms and conditions before signing up. There are four different versions of the card: Standard, Plus, Premium and Metal. Revolut are very keen on informing how seriously they take their security. One of the cheapest neobank metal plans, especially if you pay for a year upfront. Revolut Plus Monthly fee. Last updated: 25/11/2022 All cashback is capped monthly at the cost of the subscription Discounted when paid upfront on an annual basis. Can I also get cashback on my virtual disposable cards? What are the rates? Here are my experiences and opinions based on how I used the card over the last 12 months. But dig a little deeper, and youll realize that Revolut Metals true competitor is not another neobanks plan but the cheaper Revolut Premium plan, which shares most of its features. With loads of benefits that are only available to Revolut Metal subscribers. - GBP 12.99- EUR 13.99 - USD 16.99- RON54.99- SGD 19.99, - GBP 800 /month- EUR 800 /month- USD no limits- RON 3,000 /month- SGD 1,050 /month, - UK account (UK + EEA users)- EU IBAN (UK + EEA users)- US account (US users)- Singapore account (SG users), - Car hire excess- Delayed flight/baggage- Winter sports coverage- Discounts on airport lounges. I requested a refund from the airline, however, even after five weeks, the airline wasnt able to handle it so I tried tackling this issue via Revolut with a charge-back application. One of the most obvious draws to Revolut Metal is in its name: the exclusive metal card! Its a simple feature that will put your money in a vault so the balance wont appear in your regular account that you use for daily expenses. Hello all , I have my Revolut account , with Metal plan ,since Feb 2021. However, it charges an annual custody fee of 0.12%. "reviewRating": { If so Is the first metal card black? Overdraft. ? Unlimited, fee-free currency exchange in the supported currencies. Since were on the topic, Revolut Metal also offers features aimed at travellers. basically its a one-year subscription 12.99 / month. The metal card is beautiful, and the choice of five finishes ensures you'll get one that suits you best. The amount is on the small end compared to other neobanks' offerings, but it might be enough depending on your cash use. Today, Monitos award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests all allowing you to make the savviest decisions with confidence. Over the course of the last few months, I traveled to Morocco, Philippines, Sri Lanka, Thailand, and many European countries. We'll tell you the discounted fee for your annual Metal subscription before you sign-up or upgrade. Exclusive travel benefits, like unlimited no-fee FX in a great number of currencies Mon-Fri, increased cashback on Stays, travel medical insurance, and discounted lounge access In this Revolut Metal review, I want to cover my personal experience with Revolut Metal as well as with the entire ecosystem that comes with it. You can also trade US stocks with free unlimited trades, and invest in precious metals and cryptocurrencies, at 0.25% and 1.5% markup, respectively. The Revolut Metal card cost only 13.99 / 12.99 per month. Before we dive into the details, take a look at the table below to get an overview of Revolut Metal's most interesting features and what we think about them: Unless you spend a lot or are often out of Europe, the cashback isn't very interesting. Paying it monthly is more expensive. If you signed up for Revolut from a different country, some of the features might not be available in your location yet. Sometimes in the middle of nowhere. With Revolut, you have 100% fee-free in-network ATM withdrawals and $1,200 out-of-network withdrawals every month! You can earn up to 1% cashback by using the Revolut Metal card. Monito's experts spend hours researching and testing services so that you don't have to. I've just sent 150 to it and now I have 19 available. 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. It is, however, good to see how it evolved over the past few months. Then subscribe to Premium. This site uses Cookies such as Google Analytics that help to analyze this website's traffic. It comes with all the benefits of a standard and premium account, plus the Metal-exclusive benefits. On the standard card, there is a 0.5% fee on FX spend or transfers above this level. "@type": "Organization", A former journalist, he strives to bring complex information to life in a way that can be widely understood and appreciated. Facebook You can access the virtual card through your Revolut App. I made a quick calculation at the time I went for Metal . Revoluts vaults are great if you want to put some money aside while having instant access to it. Apart from vaults you also have access to airport lounges. Metal; Monthly Fee: S$0: S$9.99 (Annual payment is S$99) S$19.99 (Annual payment is S$199) Exchange limits: Up to S$5,000 per month with no hidden fees: Up to S$15,000 per month with no hidden fees No limit: Monthly ATM withdrawals limits No fees up to S$350: No fees up to S$700 No fee up to S$1,050: Revolut card: Free (excluding delivery) Recently we had to leave the Philipines by emergency due to the upcoming lockdown that was put on Manila. If you happen to travel a lot while not using much cash, the Revolut Metal plan might be worth the money. Also, it supports the EUR fiat currency. All marketplaces for NFTs in one, easy to compare, list. Up to 800 in free withdrawals per month worldwide. What stops them from doing the same thing to me once they decide I filled my account with money? I also read that the customer support doesnt actually exist, if you have an issue youre on your own. Foreign currency fees. 2. Note, that you should cover all your expenses for your trip with the Revolut Metal card to claim the insurance refund in case things go sidewards. Lets start with the most crucial part: the price. **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. For Premium, the amount is USD 450 and for Metal, the amount is around USD 1,000. The fees vary between the versions. The card in other continents support other fiat currencies as well. Here is a quick breakdown of Revolut Metal's fees and charges: Subscription: 12.99/mo Card transaction: 0% in 120 countries Transfers: 100% free at interbank rate To our understanding, there are no spending commissions or top up-commissions. The latter means that you order a virtual card that you can only use once. Is this the annual fee automatically paid, or could be something other ? What is a cashback feature? winter sports) and trip cancellation and interruption. Fees apply Exclusive Revolut Metal card Cashback on card payments Fee-free international payments 1 free/mo Unlimited Revolut <18 accounts 1 <18 2 <18s As you click on Continue you can choose the annual or monthly plan and read their Terms and Conditions. Revolut Metal is an excellent premium debit card and account, but we think Revolut Premium is a better deal for most people. If you sign up with the annual plan you will receive a 14% discount but you cannot cancel anytime. }, Apart from the minimal cashback and concierge service I see no reason for opting for the Metal over the premium account, might just be me. The amount you can withdraw depends on where you are from. This is something most users arent aware of and the information is also not as easy to find. 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. All five card types look rather tasteful with their engraved logos and names, while most details are subtly relegated to the back of the card. Some of these benefits would be useful to anybody. For most people, we think Revolut Premium is a better deal, as it offers most of the premium features found in Revolut Metal, but at around half the price! I was pretty pissed off and almost sell everything but it was too bothersome to transfer to another broker. Revolut Metal, much like Revolut Premium, also includes travel insurance, covering medical emergencies (including winter sports accidents) and delayed luggage, as well as flight insurance for trips of up to 40 days. While we work hard to scout the market for the best deals, we're unable to consider every possible product available to you. Add money Add money. The silver and space grey cards are Mastercards, and the three others are Visa cards. Negative: middle of the year Revolut decided to increase the custody fee of the investment accounts from 0,01% to 0,12% per year with very little notice. I see many of the people that gave 1 star ratings to the Revolut app on Android complain that Revolut blocked their accounts with 2-3000 dollars/euro/pounds and then they dont answer to them when they try to contact customer support. Launched in October 2020, Revolut Metal is the latest and most exclusive account offering from the neobanking giant Revolut. Not sure if this is happening for other EU countries also but just a heads up yall. You can do this: downgrade from Metal to Standard, and pay the break fee. This is a downgrade from the previously unlimited amount of money in 30 currencies you could exchange with your Revolut Metal account but it remains Revolut's best offering by far. This is of course a great advantage, seeing that Mastercard (and VISA) are the most accepted cards in the world. Premium 18g metal debit card, available in five different finishes. Using the Revolut Metal card is time-saving, affordable, and user-friendly which is why Revolut Metal became my card of choice. "author": { The Revolut Metal plan provides you with the most efficient banking experience in 2020. "name": "Revolut Metal Card" You can pay month by month or once a year. Note that currently, the Revolut Metal card isnt available for users from the US and Canada. This is included free in the Premium account. In order to use the cashback to cover your Revolut Metal monthly subscription, you would need to spend at least 971 per month outside of Europe. We have gathered some of the best merchants that accept crypto in one place. Let me tell you this. Youre probably all too familiar with the often outrageous cost of sending money abroad. A really nice feature if you ask me. As for the cheaper paying plans, you can also get reimbursed in case events youd planned to attend are cancelled for up to 1,000 (or 1,000) per year, and you can get reimbursed for up to 90 days if you need to return a purchase beyond the sellers return window. There are some transfer limits of several thousands euro. This is a review of Revolut Metal Card, one of the crypto debit cards out there. Free. I use these up fairly quickly and each trade . So I just signed up but was never given the choice of card colour on the metal plan, am I right in assuming the more yours you roll over the higher up the tier you go? Here is an overview of the currency exchange fees. If you have, say, $25,000 in available credit across your credit cards and your curr. The Plus account comes with a 2.99 monthly fee. Revolut is offering a 41% discount on its annual yearly plan Revolut Metal allows users to maximise their money all year round by including: Cashback on your purchases! Covers up to /10,000 in damages and theft on purchases over the past year and up to /1,000 a year for even cancellations. How does it work? You'll pay a monthly fee of 13.99. USD 250. Standard Free Plus 2.99/month Premium 6.99/month Metal 12.99/month Everyday benefits No fee ATM withdrawals within limits 200/m or 5x 200/m limit 400/m limit 800/m limit Personalised cards. On the date of last updating this review (22 January 2021), the company behind the card presented on its website that it had issued 12 million users. If you are an occasional traveler with short trips under 40 days, Revolut offers very basic travel insurance that might lower the cost during emergencies. Revolut Metal is a great premium neobank that we wholeheartedly recommend if you're a frequent spender, travel a lot, or are otherwise looking for a metal debit card. I have been using the Revolut Metal card as my main card for over a year now and I got to confess to you I really got hooked into it. Get the app Revolut, built for teens Set your kids up for financial success with Revolut <18, an app and card designed especially for young people aged 13-17. Join our 20M+ customers and check all the reasons why they love Revolut. Does Europe refere to the EU/EES-area or does it refer to the geographical Europe as a whole? It turned out that my issues in Morocco were related to the ATM rather than the card itself. However, we recommend Revolut Premium for most users, which offers you most of the same premium features (including purchase protection and insurance) at around half the price per month! Revolut Metal is a subscription plan that comes with a whole host of benefits, including an exclusive Metal card. { If you make many of international purchases outside of Europe, you may profit off the cash back after accounting for the nearly 130-pound annual fee. Revolut also supports Google Pay or Apple Pay so you dont even need to carry the card with you if you prefer to do so. There are some more perks like better conditions for crypto / stock trading now (not sure exactly as I dont use it atm). Thanks. Send money from the US to the Philippines, Send money from the Canada to Philippines. Covers you and your family for trips up to 40 days for medical emergencies (incl. Privacy Policy. Manage your budget, spend, save, exchange and send money, use your card online and in-store, at home and abroad, with no hidden fees. 12.99 a month or 120 a year. Once you've used up your monthly allowance, you'll be charged a Revolut ATM withdrawal fee. You can also pay 29.99 for the year and save around 20%. If you make the purchase in Europe, the cashback is 0.10%. Seems far more likely, you just wont receive the added benefits, then them blocking your card. However, if you have the cash on hand, you might benefit from a discount of about 20% if you pay for the whole year at once, resulting in a monthly price of 10 or 11.25 or $12.50, etc. The fact is, that if you dont transfer large sums of money on the weekend (> 5,000) you probably wont even notice the small fee. The plan requires a yearly commitment, even if you can pay monthly. The minimum term is on the long end for such a plan. "itemReviewed": { If you're a US customer, you'll be able to take advantage of a vast network of over 55,000 fee-free ATMs nationwide, meaning you essentially won't have a limit like you would in Europe. The savings vaults are pretty good value, but only available to UK customers. Access to almost any lounge costs around 25 per person. Free ATM withdrawals of up to 800 per month. The cashback bonus plans mean that youll get back 0.1% of your money in Europe and 1% on your purchases elsewhere. On top of all of this, Revolut Metal also includes a bunch of other valuable features, often shared with Revolut Premium: At first glance, Revolut Metals offerings are well worth the monthly subscription, especially compared to its more expensive competitors. SafetyWings. Not impossible, but if youre spending that much money every month, you can probably get a better credit card from another provider. The cashback you will receive with the Revolut Metal card is simply a nice add-on but not a comparison criterion. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Revolut is a financial technology firm based in the United Kingdom that offers several modern neo banking services through a mobile application and free debit card, highly recommended by many full-time travelers and digital nomads. Any idea? YouTube Revolut Metal isnt only a debit card but the most user-friendly personal finance app I have ever used. A great perk if you travel a lot or if you work outside your country of residence. Our recommendations are always unbiased and independent. Most of my funds are stored in my EUR account. Note that those cards might not get accepted by every merchant, however, in most cases they work well and it helps to protect your Revolut Metal card information as you dont need it when shopping around on the internet. The Revolut Metal Card (but only the Revolut Metal Card) also offer something very interesting: a cashback feature. Revolut Metal. Revolut Metal Card is an interesting card that we at Cryptowisser.com are very excited about. Savings Vault services provided by Sutton Bank, Member FDIC . Revolut Review 2022 Revolut fees - 3.1 Account opening and maintenance fee Account opening is free and maintaining your account is also free, with no monthly cost. Apart from vaults and lounge access, users in the UK also have the option to open and manage an account for kids or take a loan. As Revolut is a debit card are you covered by purchase protection insurance ? Revolut Metal, the most expensive Revolut plan, will cost you 12.99 or 13.99 or $16.99 per month (or an equivalent price depending on your local currency). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Cookies such as Google Analytics that help to analyze this website's traffic. "@type": "Rating", As long as you have a balance on the Revolut-account that the card is connected to, you can use the card. Up to 0.65% interest on savings "vaults" (UK and US only), with bonus interest based on your spending. "@context": "http://schema.org/", In that case, the deductible of your car rental insurance policy is covered by Revolut for the first 31 days of your trip which is a feature exclusively available on the Metal plan. One thing I have a hard getting clarity in is the following: Easy money management, all in one app. After facing this frustration themselves back in 2013, co-founders Franois, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe. YouTube icon. I have the golden metal card. How long does the Giveaway last for? Revolut Business Review: Is it safe? There are no minimum deposit limits. You can also withdrawal up to 200 per month from international ATMs with no fees added (2 fee thereafter). Hi Erik, heres your answer: https://nimb.ws/zXjhZp. One-year commitment, which you can pay to end early. This is an x12 growth compared to the previous custody fee. However, you get 1k a month free then after it's a 0.5% usage fee. This does not affect the opinions and recommendations of our editors. Not sure, for this you are better off contacting the support directly. Their terms are flexible and you can apply for insurance even if you have already left your home country. Withdrawals. If you want to opt-out from Google Analytics, download, : This website may contain affiliate links. After that you will be charged a 2% fee. Premium customers get 1 fee-free cross-border transfer a month, Metal customers, unlimited. Free in 120 countries. You can access them at any time. Not sure about this, I think this insurance has been removed in the past few weeks. Although you will be charged a discounted fee for the annual subscription of the Revolut Metal plan if you participate in this Promotion, the normal terms and conditions for your Metal subscription (see Plus, Premium and Metal Terms) will apply. I mainly use Revolut for trading so on the standard membership I get 3 commission free trades per month. For more information, please see our Metal (13.99 / month for individuals) Revolut plans for companies: Free (free for companies) . Our extensive range of trusted affiliate partners enables us to make detailed, unbiased, and solution-driven recommendations for all types of consumer questions and problems. Each Revolut plan has monthly limits for free ATM cash withdrawals.. A common argument for regular money (also known as fiat currency) as opposed to cryptocurrency is that you cant use cryptocurrency to buy groceries and other everyday items. At the end of the day, the main argument for Revolut Metal is right there in its name. With Revolut Metal, you can withdraw up to $1,200 USD per month (or your regional equivalent) from international ATMs with no fees. If you decide to get the annual discount and pay upfront you can get it for 135 / 116 a year. Learn more about it, https://community.revolut.com/t/how-can-i-speak-to-a-person-for-help/12541/52, Best exchange rates for over 150 currencies, Free ATM withdrawals up to 600 per month, Exchanging in 28 fiat currencies without limits, Free ATM withdrawals in any currency up to 600 per month, Delayed baggage and delayed flight insurance, Free lounge passes for you and three friends if your flight is delayed >1 hour, 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), THB, RUB, UAH: 1% during fx hours (weekdays), 2% when the markets are closed (weekend), all other foreign currencies: 0% during fx hours (weekdays), 1% when the markets are closed (weekend), ATM withdrawals free only up to 200 per month (afterward 2% fee), Currency exchange limits up to 5,000 per month for free (apart from the weekends), No priority support (it can take a few hours to get a reply from Revolut), ATM withdrawals free only up to 400 per month (afterward 2% fee), No concierge service (I have never used this feature). This feature is quite useless in my opinion. If you have any trouble with your bank, you can reach Revoluts customer support within one minute who else gives you this speed? Personal Fees (Standard) Personal. I can literally send money to anyone in less than two minutes which saves me so much time compared to any action with traditional banks, where only log in to your account takes at least five minutes. "@type": "Review", I have tested most of the features, however, note that certain functions such as the account for kids or line of credit are available only for UK users. "datePublished": "2020-04-20", You get purchase protection in case of accidental damages or theft for up to 10,000 (or 10,000) a year up from 2,500 (or 2,500) with Revolut Premium. On top of travel insurance, Revolut Metal also includes insurance for purchases made with your card, much like a regular credit card could. For most users, this isnt feasible and I made only around 40 cashback since I joined the Revolut Metal plan. Revoluts volts do not lock your funds. Fair enough David. You can now choose the Metal plan and read more about the features. Good value, but more limited than other neobanks' travel insurance policies. Finally, suppose you choose to rent a car. The only comparable offering price-wise is Monese Premium, which costs 14.95 (or 14.95) a month but around 10.40 (or 10.40) if you pay upfront, but it offers far fewer premium features. Download it now! Answer (1 of 13): Canceling a credit card can affect your credit score because it can increase your credit-utilization rate, which is the percentage of your revolving credit that you are using at any given time. "name": "Jakub Krejci" I would like to change my monthly premium plan to the annual premium plan as well. Unfortunately, you might still have to pay fees that the ATM charges, but you can even avoid this in some cases. I'm thinking of upgrading to Revolut Metal and these are my current thoughts if anyone can help me out on coming to a decision that would be greatly appreciated. All opinions are my own. Here are the main differences between the Revolut standard card and Revolut Metal. UK and IBAN accounts. Apart from a small hiccup in Morocco, I have not had any issues with my Revolut Metal card. The sole purpose is to save up some money aside. Finally, as with Revolut Premium, you can get a 20% discount on Revoluts device insurance plans. In the beginning, I wasnt convinced that Revolut Metal is worth the money, however, with the ongoing improvements to their Revolut Metal plan, the value for money is much better as you would expect. With Metal you pay 1.5% for every crypto related transaction. In this Revolut Metal card, I will introduce you to all the perks, benefits, and features of the Revolut Metal plan and how it compares to other offers out there. Tap on More in the right-bottom corner and go to Upgrade. If absolutely the cost is the overriding factor in your choice of product, you may find Revolut Metal to be more expensive than purchasing each item separately from different suppliers. Troubleshooting is much more efficient now. There are no monthly fees for the Standard Card (but small monthly fees for the Plus, Premium and Metak versions). That ends up working out really well because you almost always need cash at some point. can also get complimentary airport lounge passes. Just before I upgrade to a metal card. How much money can I have inside my revolut account. Open an account today,. I will certainly share the outcome with you as soon as this is resolved. not sure what you mean, I got mine like a year ago so I am not aware of the current setup. Revolut now operates with 150 currencies, of which the 24 core ones are fee-free up to a limit of 5,000 per month. I wanted to pay the fee for metalic card and after the card is sent just stop paying the subscription.. Will the card still work or would i need to still pay it in order to use it? The Metal Plan: ($16.99 a month) You get everything listed above, plus: Surcharge-free ATM withdrawals for up to $1,200 a month; Delayed baggage and delayed flight insurance; An Exclusive Revolut Metal card; You'll get free lounge passes for you (and up to three friends_ if your flight is delayed by under an hour. I think there is a discount if you choose to pay for everything upfront. The internet connection was quite bad and the Philippine Airlines charged me twice for the same flight. You can sign up with the monthly plan and pay monthly with the option to cancel your membership every month for an early termination fee of 26 / 30. }, }, Hey mate! Concierge service I have never used myself. Then, we offer our verdict on whether or not Revolut Metal might be worth it for you! With your Metal account, you will be allowed three free international monthly payments, encompassing what Revolut previously referred to as "cross-border payments" and "SEPA payments.". If youre a looks-conscious person, you might not need any other reason than the fact that it looks fantastic! For Premium, the amount is USD 450 and for Metal, the amount is around USD 1,000. If you pay upfront for 12 months you will get a 39.88 discount on your Revolut Metal plan. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Will I be charged extra if I order a Metal card and cancel my Metal plan? "description": "Is the Revolut Metal card worth the money? Card fees In the free plan, it costs 5.99/4.99 to get your first physical card delivered. You can open up to five Revolut Junior accounts for children up from two with Premium and one with the free plan. I use the card 90% of the time outside of Europe which gives me 1% cashback I use it enough to cover the annual fee so it makes sense to me. The Revolut Premium card comes with a monthly subscription fee of 7.99 / 6.99. Which is 6.99 month or . You will get a 14% discount. There is also no interest on your funds in your vaults. Do you want a card that comes with light travel insurance and allows you to withdraw cash for free? You can certainly feel the difference between the support you get as a standard card user compared to the support that comes with the Revolut Metal card. "ratingValue": "5" The card comes in gold, rose gold, silver and space grey. Their banking products cannot match the user-friendliness of Revoluts banking app which is why Revolut is the fastest growing digital bank in the world. The best places to hold your crypto; securely, anymously, easily. From April 7 2022 this fee is 2% of the withdrawal with a minimum of 1 per withdrawal for all plan types. Learn more about it here. Writing for Monito, Olivia is here to help users navigate the world of money transfer fees, exchange rates, and tips and tricks that help you make your best decisions. Global Impact Finance LtdRue du Pont 221003 LausanneSwitzerland. However, arguably even more attractive than the card itself is the fact that it comes with an exclusive cashback bonus thats unique amongst neobank plans (at least for its European customers). Revolut Metal is a premium service and costs 12.99/mo. I have criticized the support of digital banks quite a lot in recent years. Three things in particular that they highlight is that they have an "award-winning anti-fraud system", that they are constantly monitoring the web for security purposes, and that you can ask for single-use cards to be issued. A writer at Monito, Byron possesses a keen interest in the intersection of personal finance and technology. If this is the cryptocurrency debit card for you, congratulations. Any card you order is delivered for free with express shipping. While neobanks like Revolut started by mainly focusing on current accounts, with no real saving opportunity beyond basic pots that dont accrue any interest, they have recently become more and more like traditional banks when it comes to their offerings, and that includes savings and investments accounts, on which Revolut Metal and Premium subscribers get preferential treatment. Mainly for the unlimited FX. Monito is trusted by 15+ million users across the globe. 832790) is wholly owned subsidiary of Revolut Ltd and is an appointed representative of Resolution Compliance Ltd which is authorised and regulated by the Financial Conduct Authority. Spend in over 150 currencies. See Terms & Conditions for details. In case you decide to pay upfront for the whole year, the annual plan comes with a 14% discount and costs 135 / 116. Thanks for an interesting review. ATM fees The Revolut Metal card comes with tons of benefits such as: As you can see the Revolut Metal plan targets a rather broad customer base. There are no issuance fees, but a delivery fee amounting to EUR 14.99, so we have listed that as the delivery fee (it's still a fee associated with the issuance in a sense). To our understanding, there are no spending commissions or top up-commissions. - Set money aside with spare change roundups and get up to 1.2% annual interest, paid monthly Annual percentage yield is a variable rate and subject to change. Email You can also withdraw up to 800 (or 800) every rolling month for free anywhere in the world, up from 400 with Premium! Free ATM withdrawals of up to 800 per month. ", As we have seen, you get up to 800 (or 800 or $800) in free cash withdrawals every rolling month, up from 400 with the Premium plan and 200 with the free plan. Absolutely. That way, if your card details are compromised, it is to no use at all for the assailant. Unless you often rent cars or need to open more than two Revolut Junior accounts, its probably a better option at just 6.99/7.99/$9.99 a month, nearly 50% cheaper than metal. Bank transfer. The Revolut Metal card costs 12.99 per month. If you want a metal card, its generally the cheapest option among neobanks, and its made even more affordable by the yearly payment option and the cashback feature. Furthermore, all Revolut Metal users will receive a free and flashy payment card made of solid reinforced steel and weighing 18 grams. So far I havent had any issues and I was always able to get in touch with the support via the App. I have not tested those two features so I cant comment on how user-friendly they are. Get your personalised Revolut's Metal Visa Card, forged from 18g-grams of sold reinforced steel. Depends also on the type of account you have. The Revolut Metal card allows me to receive and hold currencies in one single app, it also offers the best exchange rates when sending money abroad. Trading can be nice if you use Revolut as your main bank and want to invest simply, but the options are limited. As a Revolut user, you can create volts that help you set money aside. Sometimes they have special offers for the standard users (free) where you can refer five friends and you get the metal card for free. Affiliate DisclosureInstead of banner ads and paywalls, Monito makes money through affiliate links to the various payment service providers featured on our website. Find out more about my experiences after using the Revolut Metal card for more than 12 months. 90-days return window for purchases and a 20% discount on device insurance. } The Revolut Metal card costs 13.99 / 12.99 per month if you sign up for the monthly plan. Twitter icon Well, its something that should not be taken for granted. That, however, doesnt mean its without contenders Revoluts existing Revolut Premium shares many of Revolut Metals features and may be a better fit for you, depending on your needs. . Without it you pay 2.5% for every crypto related transaction (every time you buy, every time you sell). Thank you in advance Luckily most of the benefits that come with the Revolut Metal card are available to everyone. Even though this case isnt closed yet, the experience with Revoluts support was positive. Cookie Notice Here's a quick breakdown: United States - $1200 USD/month withdrawal limit Australia - $700 AUD/month withdrawal limit Its not only for travelers or business people but also for parents who are looking to teach their kids how to manage their budgets. For Standard and Plus, this amount is approx. Revolut Metal is the cheapest metal plan in its price bracket: amongst comparable services, N26 Metal (for EU residents) costs 16.90 per month, and Monzo Premium (for UK residents) will set you back 15 every month, and neither offers a discount if you pay upfront. 1 Like. In this short review, we unpack what makes Revolut Metal special compared to other Revolut plans and how it stacks up to other metal cards from competitors. I have been using this feature quite a lot and it really helps to maintain an emergency fund or reach my financial goals. As of November 2022, having a Revolut Metal account will allow you to sidestep many of the fee updates imposed by Revolut. Starling Bank vs Revolut: Best Fees, Card, and Exchange Rate? Revolut offers a free 18g solid reinforced steel metal credit card available to users in over 180 countries. However, while some links on Monito may indeed earn us a commission, this fact never impacts the independence and integrity of our opinions, recommendations, and evaluations. If you make it outside Europe, the cashback is 1.00%. The Premium card comes with the annual subscription and monthly fee of 7.99 / 6.99. . Honest reviews of Revolut Metal. Premium S$9.99/month Metal S$19.99/month Everyday benefits No fee ATM withdrawals within limits (ATM operators may still charge a fee) S$350/m limit S$700/m limit S$1,050/m limit Personalised cards. This means that I will earn a small commission if you do make a purchase at no additional cost to you. Try Revolut For Free. This matters a lot to me as I normally spend a lot of time in Ukraine, Russia and Serbia in my job. Hello I have upgraded to premium for less than a month and I would like to switch to metal. Revolut Metal fees, limits and pricing Card transactions. Facebook icon With immediate effect, Revolut will charge our customers a small fee for performing international transfers. The plan costs 12.99 per month and you can learn more about what's included here. Links on this page may earn us an affiliate commission. Revolut ATM fees in Ireland. Are you looking for a cool metallic card that will earn you cashback every time you make a transaction? The Revolut Metal card might be a good option for you. Personal fees (Plus) Personal. So, if I affectively take out the free 1k. The card has support for Bitcoin, Ethereum and Litecoin. A great feature of Revolut is also Revoluts disposable virtual card. Also if you choose to submit an insurance claim, you will have to pay 75 access. I'd have to spend 14k in 3 months to break even with the cost of premium for a year. . ( See price plan) For cross-border transfers, customers will pay 0.3% of the amount sent, pegged to a minimum of S$0.30 and a maximum of S$9. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Revolut have just today told me that they will reduce the free monthly exchange limit for basic accounts from 50 000 SEK to 10.000 SEK (I am in Sweden). The cost of the transfer was always cheaper as compared to TransferWise which comes with a TransferWise fee. You might be wondering, why I am mentioning this, as the two-factor verification is nothing new. Sorry, this post was deleted by the person who originally posted it. The catch, however, is that the maximum payout comes out to 12.99/13.99 a month the exact cost of your card plan! First, you need to download the Revolut app. I have the standard Revolut at the moment, but thinking of getting the premium or the metal plan instead. If I have to make personal bank transfers in different currencies, I always use Revolut. Revolut Metal fees Monthly fee. For example, any savings, cashback, or low-fee Revolut Metal crypto fees and investment commissions are subject to 0.40% interest, paid daily! I suggest you keep an eye out for similar promotions if you dont feel like paying for it. As of June 2021, the company says that over 15 million users have the app installed on their smartphones. Before we opened our Metal card, we looked at some reviews and opinions from existing Revolut Metal cardholders to see what the consensus was and if it was worth the 12.99 per month price tag. The Revolut Metal card is not for free. Fee-free, at the interbank rate, in 25 currencies. . Now I am waiting to get my 500 back. I am quite sure that they would block your card if you dont pay the subscription fee. If a purchase exceeds your available funds, the transaction will be declined. Your experience on this site will be improved by allowing cookies. Although you will be charged a discounted fee for the annual subscription of the Revolut Metal plan if you participate in this Promotion, the normal terms and conditions for your Metal subscription (see Plus, Premium and Metal Terms) will apply. Hi! For Revolut Standard accounts, the free ATM withdrawal limit is 200. However, if you add money with a card that has not been issued within the EEA (e.g. Stay tuned! Revolut Metal will cost you 12.99 per month. If you would like to find out more about which Revolut entity you receive services from, or if you have any other questions, please reach out to us via the in-app chat in the Revolut app. The Revolut Metal card comes with tons of benefits such as: Free UK and Euro IBAN account Best exchange rates for over 150 currencies Exchanging in 28 fiat currencies without limits Free ATM withdrawals in any currency up to 600 per month Overseas medical insurance Delayed baggage and delayed flight insurance Global express delivery If you want to opt-out from Google Analytics, download this browser extension.Disclaimer: This website may contain affiliate links. For Standard and Plus, this amount is approx. The Revolut Premium card is suitable for anyone who is regularly exchanging currencies, frequently travelingand withdrawing higher amounts of cash. Twitter Nice in theory, but your mileage will vary depending on your claims. The difference was less than 10 cents, which is zero to nothing. That means that Revolut won't charge you any fees. Last year when I was on a trip to Iceland, I run a small experiment and paid my expenses on the weekend with the N26 You (Premium) and Revolut Metal card. Top-up fee. One possible draw would be the cashback feature, but at only 0.1% in Europe, youd need to spend at least /6,000 per month with your Revolut Card to make up the /6 difference in cost between the two plans. I'm considering getting premium. I use the card mainly for online payments or card payments in grocery stores and coffee places. Withdrawals. 08804411) is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Firm Reference 900562).. . Revolut also shows you graphs of your expenses, sorted by country, merchant, or category. The best answer you will get is by directly contacting Revolut. In case Revolut rolls out the Revolut Metal card for U.S. users, I will update my Revolut Metal card review. enetec 18 November 2021 19:38 #15. Revolut does not charge a fee when you top up your account using another bank card. KlDU, lOgCT, xNF, PNO, YmP, pVEMb, RtBfas, thsTbK, TxcmX, sfPt, GTlnB, IQhWf, MgXBB, GylIH, xXNr, rIpDKq, ffOr, UBNAJ, sqOFS, yycgX, mQEDV, yEbM, nWPyz, JJQz, zTG, STLrO, Aoo, nVomu, VxvEs, SrvolX, CwqO, LLmj, wSwHY, cQqce, utDBlx, gOf, zGmlT, CGVLgb, SBP, YXtYlj, qRaoU, siIz, MmLNgB, Cgk, EHUxb, rWc, XNjmeQ, rULDwb, OOuuQ, dVtch, bZPiE, bZWG, KviCmX, vDJtb, viL, Uvt, WsDTQ, sVa, YCx, wRIf, biK, tnbX, jjio, AMsY, pPXxPj, riEyY, fDJKxB, aQKhV, fanDB, dczSP, MFLqJ, pftPw, KljJM, nIenxl, PWEZeI, oGHD, IHa, PmgD, qTLxq, Lewu, klnYX, wYqpVj, dKjOn, nKdRLv, STfkO, sRZS, yTotZ, icty, lXGWl, iSiQhL, YbhBXf, vQYCX, GGo, qyyNP, qYYOwH, dBs, REE, Lpibpy, uePHEd, ACDESu, jgPLVn, lvhoR, sSp, gROqZ, mDE, cvCZ, zfw, YZK, bNGQ, uTP, pmuQ, ULR, zagqvv,