Revolut Megathread.

-=al=- · 14-12-2023 04:24PM

They may even take card or Uber will also be available, otherwise an ATM is your friend

SourSessions · 14-12-2023 04:26PM

Generally you can't get cashback on a revolut card

Jim2007 · 14-12-2023 04:46PM

https://www.boards.ie/discussion/comment/121494539#Comment_121494539

This sounds very strange... first of all I'd be surprised that you could put numbers into either field and second even more surprised that they would actually try and process the garbage you but in the fields in order to execute a transaction. I have seen systems where it is documented that account numbers etc.. can be placed in distinct fields in order to get a transaction through, but it was documented as such. Did someone instruct you to do this or do you have a link setting out how to do this? If not then I'd say it was a happy coincidence and I would not rely on it working in the future.

Qrt · 14-12-2023 10:02PM

https://www.boards.ie/discussion/comment/121495652#Comment_121495652

Yeah I would but first name BOI last name MASTERCARD then just card number in the ref

Kat1170 · 15-12-2023 09:29AM

Anyone else no longer getting instant notifications of activities on Revolut.

IE payments, withdrawals, deposits etc.

One of the best things about Revolut is the instant notifications. Not sure if it's something I did or something they changed 🤔🤔

dohouch · 15-12-2023 12:05PM

@Kat1170 must be you, just had 2 here

15-12-2023 12:15PM

https://www.boards.ie/discussion/comment/121497825#Comment_121497825

They're still working for me. I just got notification of a direct debit payment about half an hour ago - and yes, it is a great facility.

Sheep Shagger · 15-12-2023 01:08PM

https://www.boards.ie/discussion/comment/121495652#Comment_121495652

Strange or not, it worked.

I've paid my BOI Mastercard from Revolut for a few years now, it was only when I got a new card number that it wouldn't let me set it up the 'old way' which was just the card number in first name field and surname in second name field.

This 'new way' seems to work and worst case BOI can't apply the funds in the future they will reject and send back to my Revolut. If it worked once it should work again as there's nobody manually checking the inward payments to BOI.

Sheep Shagger · 15-12-2023 01:11PM

Notifications still working for me too, it's a very handy feature too.

Jeff2 · 15-12-2023 11:07PM

I change AIB and Revolut apps to a new phone and transfer is no longer instant. Can take hours.

An old Huawei to samsung a21s.

Qrt · 16-12-2023 10:15PM

https://www.boards.ie/discussion/comment/121501673#Comment_121501673

Most likely you’ve chosen bank transfer instead of your visa debit card. AIB have never supported SEPA instant.

Asus X540L · 18-12-2023 03:51PM

Probably discussed already but anyone notice a sneaky "weekend charge" on Revolut?

I bought something on Amazon over the weekend and noticed there was a weekend charge of 1%. Not much but I find it bizarre that there is a tax, weekends only, on using your Revolut and AFAIK they never made people aware of this.

bren2001 · 18-12-2023 04:01PM

https://www.boards.ie/discussion/comment/121510696#Comment_121510696

They've done that for a long time. Nothing sneaky about it. Its quite clear when you click the info window doing an exchange.

G_R · 18-12-2023 04:09PM

https://www.boards.ie/discussion/comment/121510696#Comment_121510696

It details exactly what the charge is for when you're making a transfer on the weekend - the currency markets are closed so it's to cover any potential fluctuations between close of business Friday and market's opening again on the Monday.

From the app:

optiplexgx270 · 18-12-2023 04:20PM

https://www.boards.ie/discussion/comment/121510696#Comment_121510696

Not sneaky as it's clearly stated in the terms, but you not knowing what you agreed to may appear as sneaky to yourself 🤷‍♂️

Asus X540L · 18-12-2023 04:32PM

https://www.boards.ie/discussion/comment/121510771#Comment_121510771

I see

Sheep Shagger · 19-12-2023 08:54PM

Its not sneaky but it doesn't make a lot of sense.

Using their logic of applying the weekend rates when markets are shut, they should also apply the charge outside of NY business hours.

Sure public holidays aren't impacted either and markets are shut then too.

bren2001 · 19-12-2023 09:28PM

https://www.boards.ie/discussion/comment/121515919#Comment_121515919

The forgein exchange market runs 24 hours a day during the week. When it’s open in Tokyo, it’s closed in NY and vice versa.

The market only closes on weekends when they have the charge. The charge only exists for the reason they give. Of course it makes sense.

Dodge · 20-12-2023 07:55AM

It’s always been there. It might have been 0.5% initially and I’m not sure it was explicitly shown in the app but they definitely have added a percentage to exchange transactions at the weekend for as long as they’ve been active

tmh106 · 20-12-2023 09:01AM

https://www.boards.ie/discussion/comment/121516805#Comment_121516805

It has always been there and to be fair to Revolut, it is clearly documented in their documentation about foreign exchange - or at least was when I first started using Revolut a few years ago. I'm not a cheerleader for banks, but in this instance, to call the charge sneaky is rather unfair. The charge makes perfect sense. Easily avoided by doing your exchange during the week.

Sheep Shagger · 20-12-2023 07:21PM

https://www.boards.ie/discussion/comment/121516046#Comment_121516046

Not really given they seem to be observing NY hours only, as you correctly say the markets are open outside of NY hours elsewhere even when it's the weekend in NY or even Dublin.

Anyway...like others have said it's always been there.

bren2001 · 20-12-2023 10:22PM

https://www.boards.ie/discussion/comment/121519563#Comment_121519563

Revolut doesn’t just trade in NY. It trades on any open market at any given time. It only passes on the cost for the brief period where no market is open. It very clearly makes sense.

cython · 21-12-2023 03:43AM

https://www.boards.ie/discussion/comment/121519563#Comment_121519563

They're not observing NY hours only though. Or do you really think money markets open in NY at 6pm on a Sunday evening (when the charge ceases)? It just happens that they're expressing the times relative to NY, and maybe NY is the westernmost (and thus latest-running) market available to them, but the end time on Sunday evening is the opening of the markets in a country much further east.

I'm sure if they cited say 5pm on Friday evening in NY until 9am Monday in Sydney we'd have complaints that they were being deliberately confusing by working in two different time zones. Not to mention that it's far easier to implement such rules programmatically when it's all done relative to a single timezone!

zell12 · 21-12-2023 12:40PM

Can you use the virtual card instore without internet connection?

bren2001 · 21-12-2023 01:13PM

https://www.boards.ie/discussion/comment/121522059#Comment_121522059

If its added to Google/Apple Pay, of course.

beachhead · 21-12-2023 04:39PM

Ye,I'm sure it went not that long ago

Qrt · 21-12-2023 08:23PM

https://www.boards.ie/discussion/comment/121522059#Comment_121522059

Apple/Google Pay doesn’t require an internet connection. Two years working retail I quickly noticed this is a common misconception!

cython · 22-12-2023 08:56AM

https://www.boards.ie/discussion/comment/121523982#Comment_121523982

Seemingly (not an apple user myself) some iPhones have a capability to use Apple Pay even when the battery is too low to use the phone in a normal fashion, never mind requiring a signal: https://support.apple.com/en-ie/guide/security/sec90cd29d1f/web

Both systems are deliberately architected and designed to not require connectivity from the customer device, though they do so by different means.

Eaglebridie 32 · 22-12-2023 11:48AM

If anyone could point me in the right direction with this issue, it would be appreciated, new to Revolut , got ac validated online and downloaded the app.

Trying to add money, tried via Apple Pay, got payment failed notification!

then via debit card - same issue, then via AIB, app connected with AIB, I put in a transfer, truelayer.com window opened but page keeps spooling.

No payment credited , Revolut app says “payment reverted” “sent without reverence” the transfer then anrrived back in my bank anccount, anyone know if this is a Revolut, AIB bank issue? Or have I missed something?

There are sufficient cleared funds in the AIB account

Sheep Shagger · 22-12-2023 09:16PM

Some stats from the email they sent about their 2022 report...

2022, in numbers

Our latest annual report lifts the lid on another year of impressive growth for Revolut, globally. It includes significant achievements like:

$15.5 billion entrusted to Revolut in customer deposits
Total customers reached 26 million across 35 countries – an increase of 60%
Revenue increased by 45% to $1.1 billion
Customers on our Plus, Premium, and Metal plans grew by 55%

2023: More markets reached, more milestones marked

Thought 2023 would be a quiet year for us? Nope. We’ve built on our 2022 success to deliver bigger and better products to customers all over the world. So here’s some of our main achievements:

We reached 35 million customers across 38 countries
By August 2023, we surpassed 2022's total revenue
We’re the most downloaded finance app in nine countries*
We launched Revolut Ultra in the UK and EEA - our latest paid plan that’s packed full of premium perks
We’re operating on a healthy double-digit net profit margin

* Revolut is the most downloaded finance app in the UK, Ireland, Poland, Romania, Hungary, Bulgaria, Croatia, Cyprus, and Malta as of November 2023

Revolut Megathread.

Comments

2022, in numbers

2023: More markets reached, more milestones marked