Revolut Megathread.

JamesBond2010 · 17-06-2020 11:29AM

Gooey Looey wrote: »

See details, balance and transactions.

Cant see any benefit to that though. you already know what d.debits are going to come out of your a/c. & if you are using your revolut card you are not going to be using your bank card.

g6fdyotp5nj2l7 · 17-06-2020 11:32AM

JamesBond2010 wrote:

Cant see any benefit to that though. you already know what d.debits are going to come out of your a/c. & if you are using your revolut card you are not going to be using your bank card.

Have to agree I can't see the benefit either but each to their own

towger · 17-06-2020 11:40AM

jakdublin wrote: »

Having trouble linking my AIB accounts. Stuck on authentication.

Worked ok for me, straight in.

opus · 17-06-2020 11:43AM

ReginaldSmythV wrote: »

I just put my current on it and left the savings off. I’ll see how it goes.

Did exactly that with PTSB just to see how it works. If I find myself using it then will leave it linked. Think it will be a bit easier to use the app to check the current account as the fingerprint sign in is way more convenient than the password/pin the TSB app uses.

Gooey Looey · 17-06-2020 11:51AM

JamesBond2010 wrote: »

Cant see any benefit to that though. you already know what d.debits are going to come out of your a/c. & if you are using your revolut card you are not going to be using your bank card.

It's the ease of access to quickly view the balance or see if a transaction like wages has happened. I can enter the Revolut app with my fingerprint unlike the 2 step passphrase and PIN my PTSB app needs.

Creamy Goodness · 17-06-2020 11:52AM

JamesBond2010 wrote: »

Cant see any benefit to that though. you already know what d.debits are going to come out of your a/c. & if you are using your revolut card you are not going to be using your bank card.

having all your money in/money out in one place is hugely beneficial for people who are trying to save and see where their money goes. I don't need a tool like this because I'm super into spreadsheets and budgeting apps and the like. but the next person, the one who taps away at every POS terminal that catches their eyes, having this will be great especially with Revolut's PFM offering.

17-06-2020 11:59AM

Can't add EBS which is my main irish account, balls to that. Would have been great as EBS have no app and the log in process is a pain in the arse with having to enter two sets of digits and do a two factor.

Being able to open revolut instantly with faceID is massive benefit imo to answer people wondering why you would do this.

JamesBond2010 wrote: »

What are your opinions on this
this from someone on a article

'Why would I want Revolut to know my bank balances etc.?
Sure it "looks" convenient but at the end of the day you're giving your financial and transaction information to Revolut.

Now what could they be doing with all that additional data on YOU?

Revolut aren't used by people for large sums, that continues to be Banks. They want to change this. And this is one of the steps along the road.
I use Revolut. It's good for travelling, but I have no intention of using it as my full time Bank.''

As I said above its massively convenient and I fail to see what difference it makes giving your financial transaction info to revolut, Its very annoying they dont support EBS as I'd have linked immediately. I already use revolut as my main account as its so so much better than a traditional bank. I only use an irish bank to get my wages paid into it and that's it, I just move the money to revolut after that. I wouldn't do without the irish account though as I've savings accounts so easier to move money in/out if you have a current account too and some things wont accept non-irish accounts also.

timetogo1 · 17-06-2020 12:01PM

Gooey Looey wrote: »

See details, balance and transactions.

Yeah, that's what I thought, so it doesn't provide any extra functionality. The Ulster Bank mobile app I normally use is as easy to use as my Revolut app.

I'd prefer to link my Revolut account with my banking app rather than my banking accounts to my Revlout app

Might be handy that uses their Revolut account as their main account.

JamesBond2010 · 17-06-2020 12:01PM

Gooey Looey wrote: »

It's the ease of access to quickly view the balance or see if a transaction like wages has happened. I can enter the Revolut app with my fingerprint unlike the 2 step passphrase and PIN my PTSB app needs.

okay i supposed it depends on the bank you are with as well.Just as quick for me use mobile app. few secs in the difference way mine is set up.

Gooey Looey · 17-06-2020 12:07PM

timetogo1 wrote: »

Yeah, that's what I thought, so it doesn't provide any extra functionality. The Ulster Bank mobile app I normally use is as easy to use as my Revolut app.

I'd prefer to link my Revolut account with my banking app rather than my banking accounts to my Revlout app

Might be handy that uses their Revolut account as their main account.

I use Revolut for all my day to day spending so this is great for me

GhostyMcGhost · 17-06-2020 12:27PM

No KBC (or EBS as someone else mentioned) ... is it not a PSD2 requirement?

Edit: I see KBC have an API available so could be waiting on revolut
https://www.kbc.ie/psd2-developer-portal/home

JamesBond2010 · 17-06-2020 12:30PM

Claire Shaggy Denim wrote: »

Can't add EBS which is my main irish account, balls to that. Would have been great as EBS have no app and the log in process is a pain in the arse with having to enter two sets of digits and do a two factor.

Being able to open revolut instantly with faceID is massive benefit imo to answer people wondering why you would do this.

As I said above its massively convenient and I fail to see what difference it makes giving your financial transaction info to revolut, Its very annoying they dont support EBS as I'd have linked immediately. I already use revolut as my main account as its so so much better than a traditional bank. I only use an irish bank to get my wages paid into it and that's it, I just move the money to revolut after that. I wouldn't do without the irish account though as I've savings accounts so easier to move money in/out if you have a current account too and some things wont accept non-irish accounts also.

(i know this will suit some people better)

i wouldnt trust them. no actual phone number & can lock your a/c for stupid reasons. thats why i wouldnt trust them with loads of money,only with money i could afford to lose. I had fraud happen to me before and they seem to be crap dealing fraud transactions.

alwayswright · 17-06-2020 01:17PM

JamesBond2010 wrote: »

I had fraud happen to me before and they seem to be crap dealing fraud transactions.

Incidentally, I had fraudulent transactions come out of my account a couple of months ago. They reimbursed the amount and sent out a new free card the same day.

I was quite impressed!

Zardoz · 17-06-2020 01:19PM

JamesBond2010 wrote: »

(i know this will suit some people better)

i wouldnt trust them. no actual phone number & can lock your a/c for stupid reasons. thats why i wouldnt trust them with loads of money,only with money i could afford to lose. I had fraud happen to me before and they seem to be crap dealing fraud transactions.

Agreed ,Revolut cannot be trusted .
They are constantly locking peoples accounts ,freezing transfers and demanding documentation if you are moving larger amounts of money.
N26 are much better to deal with ,they are a proper bank with a savings guarantee .

Fann Linn · 17-06-2020 01:20PM

Zardoz wrote: »

Agreed ,Revolut cannot be trusted .
They are constantly locking peoples accounts ,freezing transfers and demanding documentation if you are moving larger amounts of money.
N26 are much better to deal with .

Don't know. I'm with Revolut almost from day one and never had those issues.

wassie · 17-06-2020 01:28PM

Zardoz wrote: »

Agreed ,Revolut cannot be trusted .
They are constantly locking peoples accounts ,freezing transfers and demanding documentation if you are moving larger amounts of money.
N26 are much better to deal with ,they are a proper bank with a savings guarantee .

And have an actual web-based banking app. Sometime sh!t is just easier on a laptop.

Rodney Bathgate · 17-06-2020 01:35PM

I got locked out of my account without any advance warning a couple of years ago. Support didn’t respond to me for more than 48 hours. Or ideal when abroad.

Fine for internet purchases and use in shops, restaurants etc. but I would never consider having my salary paid into the account or relying on it for payment of mortgage, utilities etc.

Plus the scheduled downtime is a pain as Amazon used to charge when an item was marked dispatched, which could be anytime, so could occur during downtime.

0xzmro3n4y7lb5 · 17-06-2020 01:37PM

Is it safe to link?

Do I have to opt out of data sharing or something?

Thanks for advice

17-06-2020 01:40PM

Zardoz wrote: »

Agreed ,Revolut cannot be trusted .
They are constantly locking peoples accounts ,freezing transfers and demanding documentation if you are moving larger amounts of money.
N26 are much better to deal with ,they are a proper bank with a savings guarantee .

I’ve never had an issue and I put 1000’s through Revolut every month. Have direct debits from it, all my spending is basically though it for over 2 years.

I have N26 also but never use it, Revolut is better and I much prefer it.

flazio · 17-06-2020 01:59PM

Incidentally, anyone try linking an N26 account to the Revolut app?

Dodge · 17-06-2020 01:59PM

JamesBond2010 wrote: »

(i know this will suit some people better)

i wouldnt trust them. no actual phone number & can lock your a/c for stupid reasons. thats why i wouldnt trust them with loads of money,only with money i could afford to lose. I had fraud happen to me before and they seem to be crap dealing fraud transactions.

I say this as someone who wouldn't trust them for primary banking (I use them as a travel card/virtual card when internet shopping/transferring money quickly to others)... they were excellent to deal with when I had a problem

I didn't have money in the account (only keep about 20 max in) but a "suspicious" payment was attempted. They flagged it, notified me, checked a few details and had a new card out to me very quickly.

On that score at least, I'd have no issues. It's been the only problem in the last two years too. Early on ( 3 yerars ago or so) they had several unforeseen stoppages but that hasn't happened in a long time

Again, I don't consider it a bank but it suits my needs for some things

jakdublin · 17-06-2020 02:00PM

Gooey Looey wrote: »

I tried linking a second Ptsb saving account after having linked a current account, it replaces it. Looks like you can only link one account

I thought that too as the same thing happened to me. I revoked the account and started the process again and linked two accounts the second time and now they're both there.

I was having trouble linking any account at the beginning as it was stuck on the authentication page but it worked when I turned off wifi and just used cellular data.

Sheep Shagger · 17-06-2020 02:01PM

flazio wrote: »

Incidentally, anyone try linking an N26 account to the Revolut app?

Not listed as being supported (yet).

flazio · 17-06-2020 02:04PM

Thanks, like others I'd be wary about sharing my primary bank details with a company I've never had face to face dealing with. Between two back up virtual companies however, I'd have no problem.

Amouar · 17-06-2020 02:13PM

Do you get a Revolut notification whenever a new transaction happens in the linked bank account? This could be a reason for me to link my bank account with Revolut as I like the real time transactions notifications.

wandererz · 17-06-2020 06:26PM

A few questions here please:

1) If an account has been created - is it possible to change the name on it (i.e. Maiden name/Married name).

2) If someone is residing in Ireland but has another EU passport - do they still successfully verify the account?

igCorcaigh · 17-06-2020 08:33PM

I'm going around in circles trying to link revolut to my BOI account via Open Banking. I don't have a laptop and doing it all on my phone.

What is this self service page that I have to enter a password to?

Gooey Looey · 17-06-2020 08:54PM

Mr.S wrote: »

With AIB at least, i'm not getting real-time notifications when linked with Revolut. It doesn't seem to pick up "Pending" transactions.

I'm not getting pending transactions either with PTSB

Sheep Shagger · 17-06-2020 10:34PM

igCorcaigh wrote: »

I'm going around in circles trying to link revolut to my BOI account via Open Banking. I don't have a laptop and doing it all on my phone.

What is this self service page that I have to enter a password to?

You cant do it on a phone, has to be on a tablet or desktop.

Download the keycode app, then log into banking 365, then manage account then link keycode app.

Follow the instructions, tick the box for the accounts you want to share with Revolut and they appear. Is a bit convoluted compared to PTSB.

Zardoz · 17-06-2020 10:53PM

Mr.S wrote: »

That's a requirement to prevent money-laundering and the likes. All you need is one form.

If your account is frozen, there's most likely a very good reason. Revoluts business is getting more customers, not freezing accounts and stealing your money.

No ,you need alot more that one form I'm afraid .
They want tax forms and bank statements ,source of funds ,etc.
Have a look on reddit at the amount of complaints.
Peoples accounts being frozen for months on end.

Revolut Megathread.

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