You can avoid these fees by making your exchange on weekdays. Is it on the 1st of the month? This fee is 2.5% for Standard users (and 1.5% for Premium and Metal users). We are here to help you. Standard users who exchange more than this amount start paying a fair usage fee (but Premium and Metal customers do not). For example, if you are a Standard customer and exchange £600 into EUR in the last week of one month, and then exchange £600 into Bitcoin in the first week of the next month, you will have exchanged £600 during the rolling month. A Standard customer is anyone who is not a Premium or Metal customer. I was curious to what are my account limits so I typed Bank transfer limit in the support chat and the system told me that the daily limit is £75k and £125k weekly combined. Should be theoretically unlimited (This is in terms of bank transfers, and not debit card spending.). This is from the day you signed up. These are set out below.All Standard users can make a set amount of exchanges at this rate every month. I.e. I notice that there is a monthly £5000 limit on currency exchange through Revolut. See the FAQs for this: For newly added cards, most of our users will have a top-up limit between £500 and £3,000 (or currency equivalent) per 24 hours. You can avoid some of these fees by making an exchange on a weekday.Remember, if you exchange more than £1,000 during the month, a fair usage fee of 0.5% will begin to apply in addition to the fees below. Hello, I am a UK resident. From your everyday spending, to planning for your future with savings and investments, Revolut helps you get more from your money. There is more information about our exchange rate in our For certain exchanges we add a percentage (a mark-up), which changes according to when and how frequently the currencies are traded. Premium and Metal customers do not pay this fee.This £1,000 is calculated across all types of exchanges, of all currencies (including cryptocurrencies) and precious metals, each monthly billing cycle (or, for Standard users, each monthly anniversary of your sign up date). It would be good if you could caveat this for customers so that it’s not ambiguous.Please note the billing cycle for all Charges are as follows for users who:Rolling month: for any user who upgraded their Revolut Account from Standard to Premium or has downgraded from Premium to Standard.Thanking the folks in this thread for clearing up this issue. Or is there some other way of the monthly limit being reset?Hey Dan, the limit reset is on a rolling month basis. This means itâs calculated as the total of all your exchanges in precious metals, cryptocurrencies and traditional currencies during cycle. Standard users who exchange more than this amount start paying a fair usage fee (but Premium and Metal customers do not).Everyone on Revolut whose base currency is GBP can £1,000 of exchanges at this rate each month. I notice that there is a monthly £5000 limit on currency exchange through Revolut. The set amount depends on what your base currency is and is set out on our Fees Page. This means you will be charged a fair usage fee of 0.5% on the additional £200.We charge a fee of 0.5% for money currency and precious metal exchanges on weekends and bank holidays (in London) because exchange markets are generally closed and less currency and precious metals are traded during these times. And what about euros € ?The limit is in your base currency (currency on your registered adress).Thanks, for the record €6000 is the exchange limit per month. So if you signed up the 23rd March, then it will reset on the 23rd of every month.Thanks Henrik, it would be good if Revolut consider making this clearer on their policies and general documentation relating to accounts at sign up. 1st April 2018 or from the date that you verified your account, so for example I set up my Revolut account on the 4th December 2017, does that mean that my currency exchange limit would be reset on the 4th April? This is imposed by Wirecard, Revolut’s debit card issuer. Is it on the 1st of the month? Revolut Junior accounts for up to 5 kids 0.1% cashback within Europe and 1% outside Europe on all card payments (capped at £12.99 per month) 1 free SWIFT transfer each month One app for all things money.
Standard customers who exchange more than this will begin paying a fair usage fee of 0.5% on any additional amount. This fee is 1.5% for Standard users (and 0.25% for Premium and Metal users).
1st April 2018 or from the date that you verified your account, so for example I set up my Revolut account on the 4th December 2017, does that mean that my currency exchange limit would be reset on the 4th April? And there seems no way to increase my limit on this app limit page. There aren’t any limits on the size or number of transfers you can receive into your business account. We may charge this fee if these or other exchange markets are closed at other times too.We also charge a fee of 1% for exchanges in money currencies that are traded less and so are not always easily available. You can avoid this fair usage fee by signing up to a Metal or Premium plan and receiving unlimited exchange.If you are a Standard customer and make an exchange on a weekend, these are the fees that will apply to your exchange.
US These currencies are set out below.The exchange rate for cryptocurrency includes our fee for our Crypto Services. If they do, weâll let you know in the Revolut app before you make the payment.If more than one of the fees in this âSendâ section could apply to a payment, weâll waive the lower fees and only apply the highest one.£3 if the payment is in US dollars or £5 if it is in another currencyThis means any payment where you send a payment to a country which is not in the national currency of that country. If the limit is too low then I need to look for other banking options. Are there any limits to what I can transfer into the account? Some users may find they have a lower daily limit to begin with, however, your daily top-up limits will increase over time. Are you talking about the daily limit for top ups with a card? But when does this monthly limit reset? Debit card spending has a hard cap, in addition to the top-up verification limit. For me would be calendar month since I became a Revolut user before March 16, 2017…