Revolut Megathread.

Rattlehead_ie · 14-04-2023 10:24PM

In the same boat as many here.

Running version 9.2 and still no Irish IBAN or joint account option. When I click on learn more from notification it says the link doesn't work and update the app, despite it being the most up to date. Frustrating but I'm sure it'll come across eventually

the_amazing_raisin · 15-04-2023 08:35AM

So does anyone know if there's any disadvantages to the Revolut joint account? So far it seems to do everything I'd want without charging horrendous fees

I'm very tempted to switch our joint account to Revolut since An Post aren't great and tend to charge for a lot of things

Since the joint account is used for bills primarily then as long as it's an Irish IBAN and all the major providers will accept it then I'm happy

the_amazing_raisin · 15-04-2023 08:40AM

https://www.boards.ie/discussion/comment/120476209#Comment_120476209

If it ever happens then I imagine it'll only be for the paid subscription options.

Basically none of the Irish banks are interested in offering decent interest on savings so there isn't much incentive for Revolut to do it

You could always check out Raisin bank for savings. I haven't used them yet (don't be fooled by the username 😁) but they basically let you open savings accounts on other EU countries which have better interest rates

You are of course not guaranteed under the Irish savings scheme, but a lot of EU countries have similar guarantees

sunbabe08 · 15-04-2023 08:44AM

Hi, question: so revolut has asked me to give my pps number, but no one else in my friends circle or family circle has been asked and I'm not getting suspicious about it. Any one know the story there?

optiplexgx270 · 15-04-2023 08:46AM

https://www.boards.ie/discussion/comment/120480124#Comment_120480124

It's a standard legal requirement for them to ask for it as they need to report to revenue each year for each and every customer for tax and tax avoidance reasons. Nothing to be concerned about unless you are dodging tax.

Every bank need to do this N26 also ask for it as do all Irish banks.

As for friends and family they will get around to asking them also. I had my account about 3 years or more before I was asked for it. It was about 3 months after I started using it as my day to day bank. Could be you use it more.

15-04-2023 01:24PM

I'm trying to transfer money from my Revolut to my Permanent TBS account, but Revolut is saying the IBAN isn't the correct format.

There's 22 letters/numbers in my PTSB Iban.

As soon as i type in the first five letters/nembers revolut saying its wrong. Am I missing something obvious? Thanks

bennyx_o · 15-04-2023 01:31PM

22 characters is right, it should be IEXXIPBS990XXXXXXXXXXX where the first 2 digits (between the IE and IPBS) are 2 check digits and the last 16 are your sort code and account number. When I try to add my PTSB IBAN it tells me it isn't the correct format until I have the full IBAN entered

BKWDR · 15-04-2023 01:42PM

CAnt apply for a credit card because i cant link my EBS account. They are not offering an upload of payslips or statements to prove earnings

Will have to get my salary paid into my Revolut account.

BEdS_83 · 15-04-2023 06:40PM

what happened to Revolut Ultra? was meant to come out over Sprint right? Sprint is almost done lol

15-04-2023 10:22PM

@Bennyx. That’s very kind of you to take the time to reply, and as a result I’m sorted. Many thanks.

Mimikyu · 15-04-2023 10:53PM

I was thinking of getting rid of my AIB credit card and applying for a Revolut one, just wondering does anyone know if you get your wages paid into the joint account does this count as proof of income or do you need to get it paid into your personal account?

You'd think it'd be ok but the joint account seems a bit like an afterthought tacked on at the moment.

the_amazing_raisin · 16-04-2023 09:22AM

Has anyone tried using a virtual credit card abroad for emergency money or to rent a car?

Those are probably the only two things I'd want a credit card for and I'd prefer not to be forced to get a physical card if I can avoid it

Also, am I right in saying there's no charges to the card if I don't use it? I'm in the waitlist so I can't see the T&Cs yet

G_R · 16-04-2023 12:22PM

https://www.boards.ie/discussion/comment/120483455#Comment_120483455

Anytime I've rented a car they have wanted the physical card.

For emergency money, once you don't mean cash you should be able to tap your phone.

Fees and Charges wise, there's the 30e a year Gov Stamp Duty, but that's it.

the_amazing_raisin · 16-04-2023 01:50PM

https://www.boards.ie/discussion/comment/120483902#Comment_120483902

Thanks, yeah I figure rental companies will get annoyed without a physical card.

They could probably type in the card number on the machine, or if you pre-book they might be able to take the number

I'm not planning to rent a car anytime soon so not a major concern, but it's always nice to have the option

feargantae · 16-04-2023 07:50PM

https://www.boards.ie/discussion/comment/120479489#Comment_120479489

Can you sign in on another device and see? I've the app on my phone and tablet. Both latest versions. On the phone the joint account option is there but on the tablet it isn't.

awec · 17-04-2023 09:23AM

Has anyone got the credit card or is it entirely waiting list still?

Bonkers says the APR is 17.99%. This sounds fairly crap, what am I missing here? My AIB credit card is about 10%?

ShayNanigan · 17-04-2023 10:45AM

Trying to transfer money from another account in another bank and they need to know the address for the bank in order to complete the transfer. Revolut app only shows me an address in UK and the Lithuanian address. I already have the Irish IBAN so wouldn't the bank address need to be in Ireland? Is it this one?

Revolut Bank UAB (Irish Branch), 2 Dublin Landings, 1 North Dock, Dublin 1, Ireland

I don't really feel like contacting their customer service for this. Previously I've used the Lithuanian IBAN and address but not sure if it still works.

EDIT: Tried to make a transfer with those details and the new IBAN... Usually goes through in minutes but now no money has arrived on my Revolut account. Must be the switch causing them the need to manually check the transfer, I hope. I will be mightily annoyed if the transfer fails because of the switch. Can I just get the Lithuanian IBAN back if that works...?

the_amazing_raisin · 17-04-2023 11:05AM

https://www.boards.ie/discussion/comment/120487021#Comment_120487021

Anytime I've needed to give an address I've just used the Irish one and it worked

Just tried a transfer to the Irish IBAN, normally takes a day for me so let's see if it takes longer

I think for the first transfer to a new IBAN it often takes longer anyway as your bank might flag it for extra verification

The Lithuanian IBAN is still active for 2 months after getting the Irish one, but it will be removed after that. So short answer, no going back

BKWDR · 17-04-2023 11:56AM

Ok i am about to pull the trigger on changing my salary to be put straight into my revolut account.

Ive googled and looked at people who have had issue and accounts frozen but obviously the majority on satisfied people are the quiet people.

I can always revert it back to my EBS account again but are there any reasons i shouldn't???

optiplexgx270 · 17-04-2023 11:58AM

https://www.boards.ie/discussion/comment/120487021#Comment_120487021

You cannot go back to LT IBAN and the instance transfer do not work any more on the IE on so you will juat have to wait until tomorrow.

optiplexgx270 · 17-04-2023 12:02PM

https://www.boards.ie/discussion/comment/120487284#Comment_120487284

Ive been using them since 2022 for salary and i havent had any issue with salary or stock payouts either. I don't use any crypto sites which i think can lead to issue with account blocking. If getting any money from other sources like that i'll use a secondary PTSB/EBS/AIB account for that. I have EBS current account as a backup as well as N26 and Visa if it comes to that.

flazio · 17-04-2023 12:21PM

Making Revolut your primary account was discussed on Tech Talk over the weekend.

https://open.spotify.com/episode/4MFCc80Dd713Vy3Ky8VJEl?si=A5AJOUdkS_aASwIQTZJQpQ&dd=1

tylercheribini · 17-04-2023 02:05PM

Received a response from AIB in letter form stating they are investigating the issue regarding rejection of Revolut payments to their AIB credit card payment account and they will get back to me no later than the 25th of this month.

the_amazing_raisin · 17-04-2023 03:11PM

https://www.boards.ie/discussion/comment/120487284#Comment_120487284

I've never had an issue, and with the new Irish IBAN it's much easier

Sheep Shagger · 17-04-2023 05:45PM

Opened a joint account with the IE IBAN....now to start the direct debit changeover.

Dumb question and it's about neobanks in general, how do they validate signed direct debit forms as I don't think I've ever given Revolut a speciman signature?!?

Sheep Shagger · 17-04-2023 05:48PM

https://www.boards.ie/discussion/comment/120487284#Comment_120487284

I'm doing the same re salary.

Like you say you only hear about the negative experiences not the bigger number of positive experiences.

I've used Revolut as my main account for 2 plus years (transferring part of my salary to it) without any issues.

Collie D · 17-04-2023 05:57PM

Got one last week. I was on waiting list originally. didn’t receive any notification from Revolut that I could proceed to next stage. Just chanced arm with application.

the_amazing_raisin · 17-04-2023 07:48PM

https://www.boards.ie/discussion/comment/120488697#Comment_120488697

I don't think the bank does anything to validate it, it's the company who sets up the direct debit that does it

As the account owner it's basically up to you to ensure there aren't any direct debits that shouldn't be there

FWIW, I'm doing the same at the moment and most of them can be switched over online, only two required paper forms so far (one being the mortgage of course, because nothing says anachronistic like the banking industry 🙄)

I also have a DD with my personal account and there was never any issues with signatures

Muahahaha · 17-04-2023 08:50PM

https://www.boards.ie/discussion/comment/120409107#Comment_120409107

My credit union was the same, their app wouldnt recognise the new BIC. I had to go in there and explain and they got their tech team to update their system and now it works for transferring money to Revlout. But it took a bit of insistance as their default position to begin with was that it was Revlouts fault when I knew that was unlikely.

Anyway I came here to ask does anyone know where I can find concrete information on Revlouts charges to withdraw your money at ATMs abroad and specifically African countries in this instance. I looked in their app wanting to find a country by country list of charges but cant find anything at all.

Also if anyone has travelled Africa using a Mastercard, how was it. Ive read that not everywhere accepts it as Visa is dominant there. Did you find the same, was it hard to find ATMs that withdrew cash on the Mastercard network?

ShayNanigan · 17-04-2023 09:56PM

https://www.boards.ie/discussion/comment/120487293#Comment_120487293

Yeah, I figured there was no going back but it was just a thought. Anyway, the transfer was completed a couple of hours after I posted here so all's well!

Revolut Megathread.

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