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Old 10 May 21, 05:26 AM  
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2anddone
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Revolut limits

Hello
Just changed some money on Revolut as currently 1.40 and a notice popped up to say I have exchanged £400 of my £1000 limit for this month?
I have never noticed this before, I knew about the atm limit for cash withdrawals but not the exchange limit.
Does anyone know if there are limits for spending and for transferring from a vault back to your card please? Currently all of my dollars I have changed us in a vault, the plan was to also set up separate vaults for the children and transfer the money from the vault to the card before we went shopping etc to help them budget as 13 and 16 so don’t want them to blow it on clothes and trainers on day one!
Will this still be possible (they will have around $1000 each and we are on the standard Revolut plan)
Thank you for any advice
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Old 10 May 21, 07:12 AM  
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Copey10
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I didn't either. Just had a quick look and it changed in October. It has gone from £5000 to £1000 if you want to exchange currency (per month).
Anything over is charged at 0.5%. if you upgrade your card it's fee free, however there is a monthly charge. I think spending is still the same at £5000.
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Old 10 May 21, 07:29 AM  
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tocpe321
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Thanks for this.

I wasn't aware and I'll give it some thought about how to proceed.
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Old 10 May 21, 08:03 PM  
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redspottyowl
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I just changed some too at 1.41 every little helps get those pots up
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Old 10 May 21, 08:07 PM  
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rjhsteel
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Also did not realise this. What are the other cards like?
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Old 10 May 21, 08:21 PM  
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rjhsteel
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I just messaged them and they responded:

Hi, Richard! There's no such limit when it comes to adding funds to your Revolut account. You can also always check all possible fees on our end on our website: t.co/c53guIMMxM. If something seems not clear, please let our support team know via the in-app chat.
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Old 10 May 21, 08:29 PM  
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tocpe321
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Originally Posted by rjhsteel View Post
I just messaged them and they responded:

Hi, Richard! There's no such limit when it comes to adding funds to your Revolut account. You can also always check all possible fees on our end on our website: t.co/c53guIMMxM. If something seems not clear, please let our support team know via the in-app chat.
Richard

Don't know if you've got a non standard account but from the site via the link there's a charge for exchanging over £1000 a month for the standard account.

"All Standard users can make a set amount of exchanges at this rate every month. The set amount depends on what your base currency is and is set out on our Fees Page. 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. Standard customers who exchange more than this will begin paying a fair usage fee of 0.5% on any additional amount. A Standard customer is anyone who is not a Premium or Metal customer. Premium and Metal customers do not pay this fee."
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Edited at 08:31 PM.
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Old 10 May 21, 08:37 PM  
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rjhsteel
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So i can't load my card straight into dollars, without this £1000 limit?
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Old 10 May 21, 08:41 PM  
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rjhsteel
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Right, i'm a little confused here.

I understand if you have money in your standard account, there is now a limit and charge, to exchange over £1000 a month.

Now what if i add money from my account as US dollars?

Is that possible? Is there still a limit when adding as US dollars straight away. And if i did, what rate is that set as? The Revolut rate?
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Edited at 08:47 PM.
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Old 11 May 21, 06:49 AM  
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Copey10
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So could you possibly change £1000 for a few months on the run then spend it all on one holiday?
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