Revolut - Ultracheap FX (prepaid Mastercard)

CollyFlower · 11-11-2019 1:54am

Can someone clarify for me if I have the right setting on NOT to have my details shared. Blue?

Ben Done · 11-11-2019 3:27am

CollyFlower wrote: »

Can someone clarify for me if I have the right setting on NOT to have my details shared. Blue?

Correct, as per customer service on chat (I had read conflicting interpretations online, including someone using the app through German, who thought something must have been lost in translation).

It turns out it's either a) poorly worded or b) deliberately obtuse.

My money is on the latter.

EoinMcLovin · 11-11-2019 8:14am

Ben Done wrote: »

Correct, as per customer service on chat (I had read conflicting interpretations online, including someone using the app through German, who thought something must have been lost in translation).

It turns out it's either a) poorly worded or b) deliberately obtuse.

My money is on the latter.

Seems to have been changed. On my phone it says the following for Targeted Marketing.

I want Revolut to be able to use my data for targeted marketing campaigns with third party advertising platforms.

Aquos76 · 11-11-2019 9:45am

This is what I see,

Creamy Goodness · 11-11-2019 10:13am

Aquos76 wrote: »

This is what I see,

<unquoted image for cleanliness sake>

yep there's been about 3-4 app updates to iOS since this news broke, they've change the wording.

Since I'm not an Android user I don't know what their releases are like but
a) the user seeing the old message could be on Android
b) Revolut haven't updated their Android App.
c) User hasn't updated their Revolut version on their Android phone.

EoinMcLovin · 11-11-2019 10:32am

Creamy Goodness wrote: »

yep there's been about 3-4 app updates to iOS since this news broke, they've change the wording.

Since I'm not an Android user I don't know what their releases are like but
a) the user seeing the old message could be on Android
b) Revolut haven't updated their Android App.
c) User hasn't updated their Revolut version on their Android phone.

I'm on android, there was an update a few days ago that sorted out the wording

Kopparberg Strawberry and Lime · 12-11-2019 9:01am

My revolut app updated this morning.

I had the old double meaning selection of third party information sharing , so in line with a previous poster here I had it "On" (highlighted blue) as to say , Don't share information.

Now from my update this morning they changed the wording to "I want revolut to share my info etc" and it was highlighted blue / On so I turned it off

Just a heads up !

Ush1 · 12-11-2019 9:14am

Anybody get there salary paid into their Revolut account and use it for all banking?

It's tempting as I use very little cash and it seems to have all the functionality.

Creamy Goodness · 12-11-2019 9:32am

Ush1 wrote: »

Anybody get there salary paid into their Revolut account and use it for all banking?

It's tempting as I use very little cash and it seems to have all the functionality.

No way. Revolut is my "play" money. If the card gets compromised and or Revolut goes bust I'll lose a grand total of (looks up Revolut wallets)... €0.41 / £0.27 / TRY 140.56 so in total roughly €23.

I also have an enforced rule that no "traditional" debit card of mine will be used online (why gamble with your money and not a credit card provider). And I top-up Revolut "Just-in-Time" when I'm travelling e.g. I get a bill in the restaurant, I top-up Revolut via Apple Pay (money available in Revolut instantly) then tap my Revolut card and then disable card features.

Yes I realise this is probably a bit too safe, but I like having multiple physical silos for my money. Good example of this was a few years ago when the Visa payment network was down for about 12 hours (on a Friday as well). This didn't affect me cause my Revolut is Visa, and my main bank is Mastercard, I just switched cards, all my friends that only had visa were screwed for money over those 12 hours.

BKWDR · 12-11-2019 12:28pm

Is anyone here using Revolut mastercard on FitBit Pay?

I take it you have to have a premium account for the mastercard?

Are there any ways to cicrumvent the irish price or is the equivilant in every country?

Thanks

Aquos76 · 12-11-2019 12:35pm

My wife uses her Revolut card with her Fitbit, she doesn’t have a premium account.

BKWDR · 12-11-2019 12:57pm

Aquos76 wrote: »

My wife uses her Revolut card with her Fitbit, she doesn’t have a premium account.

Does she have an original revolut account that used Mastercard

Wont add VISA for me and fitbit say they only use mastercard for Fitbit Pay in Ireland, and only way i presume i can get mastercard is by signing up to premium

Aquos76 · 12-11-2019 1:06pm

Well she has her account a few years now, I remember they offered her a free replacement for her MasterCard last year, they mentioned something about issues with London Underground or something, she got the free replacement ok, but she only uses the MasterCard as her main card. Her expiry isn’t up till 2022 I think so lucky for her here Fitbit pay will be fine till then.

Slightly off topic thou, I’d say she’ll be jumping ship to an Apple Watch soon due to constant issues with Fitbit and they not giving a ****e about fixing them.

Ush1 · 12-11-2019 1:42pm

Mr.S wrote: »

I used to get my salary paid into mine and used it as a daily driver, but the downtime frequency made me switch bank to an Irish bank. Not that frequency, but enough to make it annoying.

I’ll probably go back at some point as I use daily anyway and just top in larger increments.

Downtime where you couldn't use your account?

Yeah, that would be a deal breaker. Never had that with an Irish bank.

Dardania · 12-11-2019 2:05pm

Ush1 wrote: »

Downtime where you couldn't use your account?

Yeah, that would be a deal breaker. Never had that with an Irish bank.

Not unheard of:

https://fora.ie/aib-business-banking-out-3046875-Oct2016/

https://www.computing.co.uk/ctg/news/3080884/natwest-online-banking-outage

Smile111 · 12-11-2019 2:50pm

What is the benefit of this card and is it useful?

Spocker · 12-11-2019 3:14pm

Smile111 wrote: »

What is the benefit of this card and is it useful?

The website is pretty good as describing the features, functionality and costs, have a look here: https://www.revolut.com/en-IE

Smile111 · 12-11-2019 8:13pm

Would saving old skool in a money box not really do the same job?

The high horse brigade · 12-11-2019 8:19pm

Smile111 wrote: »

Would saving old skool in a money box not really do the same job?

I think you didn't grasp the usages. It's a visa for many currencies. It allows you lodge Euro and spend in UK sterling/US Dollar etc getting the exact exchange rate at the time with no transaction fee. This allows you buy on sites like Amazon.co.uk in sterling and save money, Amazon always screw you on the transaction rate if your pay in Euro, your Irish bank do if you pay in sterling.

The app offers many features the normal banks don't offer. It allows you create virtual visa cards, use them online and disable or delete after. You can also freeze or disable contactless on the physical card in the app. You can even set spending limits or add your loose change to a savings vault which rounds up all your transactions (this is brilliant, I have 800+ in my vault in the last 6 months without even noticing). The Revolut visa works with Google and Apple pay (my PTSB visa debit doesn't).

TimeToShine · 12-11-2019 9:12pm

Ush1 wrote: »

Anybody get there salary paid into their Revolut account and use it for all banking?

It's tempting as I use very little cash and it seems to have all the functionality.

I've been doing this for nearly a year, have credit cards already so closed my Irish and UK bank accounts, the former only a couple of days ago but I get paid into the UK one so it made no difference anyway.

Only way it might bite you is if you haven't got a decent credit history already and go to get a mortgage in future, otherwise there is no compelling reason to go with a brick and mortar bank. I have an N26 as a backup and my credit cards for day-to-day.

The Ayatolla · 13-11-2019 12:31am

Compelling reason #1 for having a bank account along with Revolut: direct debits.

Marlow · 13-11-2019 12:34am

The Ayatolla wrote: »

Compelling reason #1 for having a bank account along with Revolut: direct debits.

Did you know, that the majority of irish people don't trust banks and certainly don't like to opt in to direct debits ? Not even after SEPA gave them a lot more rights.

Just saying

/M

The Ayatolla · 13-11-2019 12:49am

I didn't know that to be honest. Never had any issues with a direct debit, myself.

masterboy123 · 13-11-2019 2:21pm

I am expecting to receive less than 500 euros from a non-euro country.
Usually AIB charged me 7.5euros as transaction fees. Does anyone know if I give out my Revolut EUR account details and maybe we could avoid this charge?

Thanks

Quackster · 13-11-2019 4:19pm

masterboy123 wrote: »

I am expecting to receive less than 500 euros from a non-euro country.
Usually AIB charged me 7.5euros as transaction fees. Does anyone know if I give out my Revolut EUR account details and maybe we could avoid this charge?

Thanks

Yes, just make sure to provide your Revolut account's SWIFT details rather than the SEPA details. Revolut won't charge you themselves but they'll pass on any other intermediary banks' charges (if any) so you're not absolutely guaranteed to receive the full amount.

The high horse brigade · 13-11-2019 5:42pm

I had opted out before and just now the updated the app and the wording changed and sharing with third parties was enabled again. I'm in Android btw.
What a shower of cnuts.

flazio · 13-11-2019 8:51pm

Reminds me of about 3:10 into this video.

https://www.youtube.com/watch?v=O5FeZti1cjs

Creamy Goodness · 14-11-2019 9:15am

Mr.S wrote: »

Am I missing something? Direct Debit is possible with Revolut?

Some Irish utility companies - wrongly - can’t set up direct debits on non-Irish accounts.

14-11-2019 6:07pm

The high horse brigade wrote: »

I had opted out before and just now the updated the app and the wording changed and sharing with third parties was enabled again. I'm in Android btw.
What a shower of cnuts.

Why do people care about this stuff so much? The amount of energy people are expelling over the past few pages getting worked up about this is very strange.

I wouldn't even know or care the opt in/out page in the app existed if it wasn’t for seeing people on about it here. Knowing it’s there I still left on the options as I’d be interested in seeing what they send my way from a marketing perspective.

msmx5 · 14-11-2019 11:30pm

masterboy123 wrote: »

I am expecting to receive less than 500 euros from a non-euro country.
Usually AIB charged me 7.5euros as transaction fees. Does anyone know if I give out my Revolut EUR account details and maybe we could avoid this charge?

Thanks

Quackster wrote: »

Yes, just make sure to provide your Revolut account's SWIFT details rather than the SEPA details. Revolut won't charge you themselves but they'll pass on any other intermediary banks' charges (if any) so you're not absolutely guaranteed to receive the full amount.

What currency are you expecting to receive?

The following are supported:-

AED, AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, MXN, NOK, NZD, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TRY, USD, ZAR.

If you don't have a local account number for the currency in revolut app you will need to make sure the sender uses the 8-digit reference number highlighted in pink on your account page with no other text. . . . or alternatively send a rev.me payment link to whoever is sending you the money in their currency.

robdmck · 15-11-2019 12:07am

Just got an account to pay a friend, seems handy. I was offer a link to share so other people signing up can get free money..<mod snip>

Kopparberg Strawberry and Lime · 18-11-2019 4:11pm

Just want to ask again, never got an answer last time

Heading on holidays to USA very soon

Would I be safe enough with the revolut overseas medical insurance ? (Free account only)

Or should I go with multitrip or whichever travel insurance company ?

Thanks !

hawkelady · 18-11-2019 6:00pm

Is there an age limit to get an account?

Aquos76 · 18-11-2019 6:17pm

hawkelady wrote: »

Is there an age limit to get an account?

Yep, 18, they had mentioned bring out some sort of teenager account in 2019 but it hasn’t materialised yet anyway.

Forever21 · 18-11-2019 7:15pm

Kopparberg Strawberry and Lime wrote: »

Just want to ask again, never got an answer last time

Heading on holidays to USA very soon

Would I be safe enough with the revolut overseas medical insurance ? (Free account only)

Or should I go with multitrip or whichever travel insurance company ?

Thanks !

I personally wouldn’t travel to America without my own travel insurance. If you’ve health insurance you’ll get yearly for about €55 world wide. If no health insurance AIB do a good one as well. Don’t travel to America without your own in place for the sake of a few euros.

Kopparberg Strawberry and Lime · 18-11-2019 8:05pm

Forever21 wrote: »

I personally wouldn’t travel to America without my own travel insurance. If you’ve health insurance you’ll get yearly for about €55 world wide. If no health insurance AIB do a good one as well. Don’t travel to America without your own in place for the sake of a few euros.

I don't want to go without it, definitely

But would the travel insurance from the revolut app be enough ?

killbillvol2 · 18-11-2019 8:38pm

Kopparberg Strawberry and Lime wrote: »

I don't want to go without it, definitely

But would the travel insurance from the revolut app be enough ?

What does it cover?

Kopparberg Strawberry and Lime · 18-11-2019 9:23pm

killbillvol2 wrote: »

What does it cover?

Well it's all outlined in the app and it looks good but I'm just wondering if anyone has any experience or should I go an insurance supplier

killbillvol2 · 18-11-2019 9:29pm

Kopparberg Strawberry and Lime wrote: »

Well it's all outlined in the app and it looks good but I'm just wondering if anyone has any experience or should I go an insurance supplier

What looks good? I had a look in the app and there's no detail.

derekbro · 18-11-2019 9:47pm

Kopparberg Strawberry and Lime wrote: »

Well it's all outlined in the app and it looks good but I'm just wondering if anyone has any experience or should I go an insurance supplier

I have it for over a year, haven't had to claim but when I was looking at the cover it seemed roughly the same as other providers such as multitrip.com

Kopparberg Strawberry and Lime · 18-11-2019 10:03pm

derekbro wrote: »

I have it for over a year, haven't had to claim but when I was looking at the cover it seemed roughly the same as other providers such as multitrip.com

Thanks, the cover looks good and the cost is a fair bit less than I'm being quoted online.

Might chance it !

Nigel Fairservice · 18-11-2019 10:12pm

Kopparberg Strawberry and Lime wrote: »

Thanks, the cover looks good and the cost is a fair bit less than I'm being quoted online.

Might chance it !

I'd pay close attention to the value of the coverage of the medical expenses.

Kopparberg Strawberry and Lime · 18-11-2019 10:29pm

Nigel Fairservice wrote: »

I'd pay close attention to the value of the coverage of the medical expenses.

Maybe you could help me with that ?

Would it be similar to a company ?

Don't think I've ever had travel insurance before !

Nigel Fairservice · 18-11-2019 11:04pm

Kopparberg Strawberry and Lime wrote: »

Maybe you could help me with that ?

Would it be similar to a company ?

Don't think I've ever had travel insurance before !

Medical treatment in the US is seriously expensive, even for relatively minor things. The policy should outline how much is covered for medical expenses. The Revolut insurance is probably a bit of an unknown entity for most of the posters here. I'm not sure who underwrites Revolut's insurance. I'd probably stick with travel insurance from a well known provider... especially if I was going to the US.

Forever21 · 18-11-2019 11:11pm

You’re better off going with a well known provider as medical expenses are extremely expensive in America.

Kopparberg Strawberry and Lime · 18-11-2019 11:26pm

Nigel Fairservice wrote: »

Medical treatment in the US is seriously expensive, even for relatively minor things. The policy should outline how much is covered for medical expenses. The Revolut insurance is probably a bit of an unknown entity for most of the posters here. I'm not sure who underwrites Revolut's insurance. I'd probably stick with travel insurance from a well known provider... especially if I was going to the US.

The app does give policy info before purchasing

It's travel insurance is done by white horse insurance. They are based in Ireland it seems and they cover Ireland, UK and more for selling insurance for different companies.

They seemed to have something to do with Thomas cooke too for paying out etc

JohnCleary · 18-11-2019 11:47pm

Most importantly; what's their phone number incase you need to contact them? That'd be my first concern

Yggr of Asgard · 19-11-2019 12:30am

JohnCleary wrote: »

Most importantly; what's their phone number incase you need to contact them? That'd be my first concern

+44 1733 224956

All the info about coverage, provider, limits and other info is here:

https://www.revolut.com/help/exploring-revolut/insuring-my-travel

JohnCleary · 19-11-2019 12:33am

Yggr of Asgard wrote: »

+44 1733 224956

All the info about coverage, provider, limits and other info is here:

https://www.revolut.com/help/exploring-revolut/insuring-my-travel

At least they have a number for their insurance :pac:

killbillvol2 · 19-11-2019 12:41am

Yggr of Asgard wrote: »

+44 1733 224956

All the info about coverage, provider, limits and other info is here:

https://www.revolut.com/help/exploring-revolut/insuring-my-travel

It's very light on details compared to a more traditional insurance provider and you don't see the full T&Cs until you've signed up. I'd be wary.

Revolut - Ultracheap FX (prepaid Mastercard)

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