Revolut Megathread.

The interest on their Flexible Fund account is dropping daily, gone from 3.45 to 2.97 in the last few weeks.

what’s gone from it?

I got the email and the only difference I see is for the travel insurance,your trip must be booked with Revolut

I’m on Ultra

So far they have not reduced the interest rate on deposits,it’s still 3.49%
The STG flex funds rate is 4.91 but it’s took a bit of an exchange hit since the uK budget

Still up ,but has leveled out to be the same as the Euro deposit over a 2 moth average

Refunds on Revolut. If it is striked out (line through the amount) it means the merchant didn’t complete it at their end - correct?

No I mean their demand deposit account that’s subject to the 100k guarantee

Not the money market product

The demand deposit account on ultra has 3.49% gross of dirt
The one your talking about delivers less,its 3.3% net of the 40% withholding tax but more than the demand deposit net of dirt

The former only has a 22k guarantee though

As of this morning the Uk STG product is delivering 4.9% net of withholding tax,its also a money market product and subject to exchange rate fluctuations

It took a dip after the Uk budget last week but surged yesterday after the trump victory

It’s doing better than the euro products and a lot better by several multiples than any Irish bank demand product

Yes.I think they have 7 days to claim on your purchase

That may be so,but for their ultra customers with the exact same money market product there has been no drop in return,it’s at 3.3’%
Also the rate seems set,it hasn’t changed in months

Ergo there’s not a strict relationship in the ultra version anyway between markets and the rate paid

Same on Ultra, also very short notice without any reference to being allowed a free break of contracts like the last time they made a major change.

Amazon Prime still gives Delivery Plus Silver as a replacement option if you have it.

Wow, I just got this from Deliveroo:

Your free subscription with Revolut is ending today. We wanted to inform you that once your Revolut plan ends, you will be moved to a Plus Gold subscription for the next 6 months. You will continue getting free delivery on eligible orders, but now your minimum order value will be €12 from restaurants and €18 from stores.

With your Plus Gold subscription, you'll also receive the following additional benefits: 10% credit back on restaurant orders over €30, discounted service fees on every eligible order, €5 credit back if your order is more than 15 minutes late, exclusive member offers, and more.

Your subscription won't renew automatically. If you wish to continue as a Plus Gold customer after these 6 months, we will ask for your payment details and you will be charged the usual Plus Gold price from that point.

I checked in the App and I am now gold with an end date of 20 May 2025

That's a nice surprise!

Just a word on cancelling metal. The basic card is a visa card. The metal is a MasterCard. I love having both because if ever there was a problem with either you can use the other one. It's a good value safety blanket IMO for 16 quid a month.

https://www.irishtimes.com/news/ireland/irish-news/visa-outage-caused-significant-disruption-for-irish-business-1.3517806

Of course if both providers go down then you are just screwed.