Revolut Megathread.

I see no reason to apologise to you.

I am getting the feeling that revolut is becoming more and more like a Multi-level marketing organisation than a bank.

Daily mails about how I can earn every increasing amount of money if I just refer one more friend.

Mails and in app messages how I can advance on the waitlist for the credit card, if I just refer one more friend.

Sure, they claim they have made a profit (which is not getting questioned by the regular in 2 countries) but the consistent chasing for new customer makes me sceptical overall. Sure, we have the bank guarantee in case things go bad, but it's getting questionable now in my eyes.

The numbers gota go up! It’s pretty aggressive these days and a minefield compared to what it used to be, but still incredibly useful. I think the app was like 30MB when I first used it and only had one function. It was glorious. Coming in at 500MB now which is nuts with all that extra nonsense

Just turn them off? Settings => Privacy => Marketing. Last email I received from Revolut was in January, and that was a "Stay safe from fraud" notice

It was €50 and is now €60.

Joint Accounts 

Based on my experience and opinion here some points that people might find usefull.

• The account is indeed joint; it shows up as such on cards and outgoing transfers (including SEPA instant).

• Important the funds belong to both users, but a single person can close the account and make transactions.

• The data of the joint owner will be sent to each other (address, phone, email, name) 

• Cards can be issues to each individual but will show “joint account” on it. At least on the virtual card.

• ATM withdraw limits are joint to 400€ (per account not per card)

• Loading via card to the joint account did not work directly, had to go via a standard account.

• Opening a joint account does not close an existing individual's account.

• Opening a joint account give an Irish IBAN (or relevant other IBAN available)

• SEPA instant is available and shows both account owners as sender.

This looks like a good deal if you require a joint account, especially as you can keep separate individual accounts in the same app.

Before you decided to test this, please do your own diligence as to the account features and Revolut; my experience is not an endorsement of Revolut or a suggestion not to use Revolut, it's an opinion based on my own experience or public availability information.

You could set up your Revolut card on Google Pay for contactless transactions. These don't count towards that 150 limit from my experience.

Has anybody actualy managed to get off the Credit Card Waitlist and was able to apply for the card?

yes, resolved it by giving them the documents they requested. They obligated to collect proof of funds to satisfy AML regulations just like every financial institute in Europe/UK does.

One would assume it's Revolut Bank UAB so whatever it is, it will attract stamp duty (because that goes by place of residence and not wherever the card is irish/non irish) and needs to be reported to the CCR. So does not really matter if it's "irish" or not.

Hopefully they give you a link to the full terms and conditions including the required information so that you can make a decision if you want it.

Don't you pay for each credit card held with different providers? If you have multiple credit cards with Revolut then it will be one charge-it's a charge per account regardless of the number of cards on the account.Payable next month and annually.Get a closure letter from AIB

The charge is due on each credit card account. The year for this purpose ends on April 1st and if you switch card provider during the year, you can close one account, open another and avoid being charged twice.

As beachhead said above, you need to get a letter of closure from AIB.

Very specifically - if you want to avoid paying the duty twice, you need to close your AIB credit card account on or before April 1st. AIB will apply the levy and when they do, ask them for a letter of closure. You then send that letter to Revolut, it will show that you have paid the levy for the year ending April 1st so Revolut will not charge you again.

If you have both accounts active on the night of April 1st, you will have to pay the levy twice.