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Revolut

  • 07-10-2021 7:44pm
    #1
    Posts: 0


    Hi All,

    Im looking for some advice about setting up account with Revolut ?

    They look for your PPS number.....?. if I set up account with them would I have to pay extra tax to Revenue.

    ***I only want to use the card as a pre pay card for traveling to UK and buying stuff online .***

    So basically ill only have minimum 500 euro on the card.

    if you guys can share your advice that would be greatly appreciated.

    Many thanks :)



Answers

  • Registered Users, Registered Users 2 Posts: 649 ✭✭✭sidcon


    They are a bank. They are legally binded to the code of practice of the central bank and revenue.

    Your pps number is a requirement to prevent tax fraud.

    They will not charge tax on any transactions. They will charge you annually for any bank cards same as any bank.



  • Registered Users, Registered Users 2 Posts: 889 ✭✭✭cbreeze


    The only charge I got on my Revolut card was the initial card delivery fee of 5.99e for the standard account set up over a year ago. I have a couple of UK subscriptions so I convert Euro to GBP to pay for them. If you have run out of Sterling the system debits your euro balance. There are no cross-border fees to pay which is a little bonus



  • Posts: 0 [Deleted User]


    Do you have to enter your PPS number when registering you Revolut account.. ?

    as far as I know some Irish banks do not require a PPS number. So I rather not be giving oot personal information such as my PPS number



  • Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    Moving this to the Revolut megathread.



This discussion has been closed.
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