Nice. I'd like an episode where you compare cashback for food, drink and travel for revolut, monzo, starlling and other prominent online banks if you can in future.

Thank you for this video! Really helpful.

thank you for video and info,great job

@Monitodotcom

5 ай бұрын

Thanks for watching! ^Jonny

Very well-made video.

@Monitodotcom

3 ай бұрын

Thank you very much!

Cool video

@Monitodotcom

5 ай бұрын

Thanks! ^J

Now I Know about Revolut . Do a video on the best Travel insurance /Card next .

@Monitodotcom

5 ай бұрын

That's coming soon! ^J

Just to clarify, does the 1% mark-up fee apply exclusively to in-app (accounts) currency exchanges during weekends, or does it also come into play for any card transactions in a different currency? For instance, if I only have GBP in my Revolut account and I'm making a purchase in Euros or any other currency. On a related note, it's worth mentioning that Revolut appears to charge a 1% fee on card transactions involving 'low liquidity' currencies like Thai Baht. This might be less than optimal compared to some other challenger banks that don't impose such fees, relying solely on their Mastercard or Visa rates Thanks for the video!

@Monitodotcom

5 ай бұрын

Yeah, so any type of currency exchange, whether you're doing it manually or as a card transaction made in a foreign currency, just like your example. Do you have a link for more info on this 'low liquidity' fee? Interestingly, I just checked Revolut's and Mastercard's exchange rates for GBP > THB. Right now (29/01 13:37GMT), MC is better. Mastercard: £1 = 45.40 Thai Baht Revolut: £1 = 44.67 Thai Baht

I dream of a day you get your insurance claim approved on your first instance! sorry about what you had to go thru in the US

A question, if my main account is EUR and I am exchanging money to GBP through revolut, will payment by card automatically charge the GBP from my account?

@Monitodotcom

2 ай бұрын

If you don't already have GBP deposited in your account then Revolut will exchange EUR to GBP automatically at the point of sale. ^Jonny

Thanks for the video. But I don't understand the exchange money in revluot app. Do have I have to exchange the money to the local before withdrawing or it doesn't matter just withdraw the money with doing exchange money?

@Monitodotcom

3 ай бұрын

No you don't have to exchange the money before, when you go to withdraw from an ATM or pay for something, if you don't have the currency exchanged already then Revolut will just do it for you at the point of sale. Hope that makes sense! ^Jonny

@stevemarshall2728

3 ай бұрын

This is confusing me as well ... is it best to change into Dollars when i travel there to pay in the local currency or can i use it anyway and Revolut will do the conversion for me ?

@Monitodotcom

3 ай бұрын

Yes you don't need to exchange before you travel, Revolut can do this at the point of sale with any currency you have deposited, as long as it's enough to cover the transaction. But remember, if you make a transaction at the weekend then they do charge a small mark-up fee, that's when exchanging in advance makes the most sense. @@stevemarshall2728

when you made the insurance claim did they want your passport? Or just your Revolut account insurance policy number?

@Monitodotcom

4 ай бұрын

At the time I had to share proof of ID and policy number. It was a while ago so things might be different now. ^J

When travelling to spain using the standard card for contactless payments, do I need to convert my balance into euros or will the app do the contactless payment conversion itself. i see in your video you converted your sterling to the required currency

@Monitodotcom

4 ай бұрын

No you don't need to convert your balance beforehand. I only do this as a means of setting a budget for my travels. I like to have the euros ready in my account so I can better track my spending. BUT that isn't necessary and when you make the contactless transaction Revolut will automatically convert the money into euros. Just make sure to select pay with the local currency at the point of sale. ^Jonny

@darrenandnat1983

4 ай бұрын

Thanks Jonny

@stevemarshall2728

3 ай бұрын

How do you select " pay with local currency " ?

@Monitodotcom

3 ай бұрын

That option would be prsented to you at the point of sale or withdrawal. It usully gives you a choice of whether to pay in the local currency or your currency, always choose the local one. This Short may also help you understand: kzread.info1R-7ZJRkIsY?feature=share@@stevemarshall2728

Am I reading it wrong? It seems they have removed travel insurance from metal (presume those below metal is the same, no travel insurance now?)

@Monitodotcom

3 ай бұрын

Hey Damon. Can you tell me where you’re based? This may be country specific. ^Jonny

@DamZFXBeats

3 ай бұрын

@@Monitodotcom UK mate! ;) literally when to upgrade plans, to metal and the travel insurance is there but has a line through it so it seems they removed it :(

I have METAL plan for a few years now, and use it more as Investment account, not travelling 📊 Still, usually buying flight tickets through Revolut because of travel insurance 📂😎

@Monitodotcom

4 ай бұрын

Hey eShark! Did you know that you don't have to use your Revolut account to purchase the flights to be eligible for the coverage.. ^J

@Monitodotcom

4 ай бұрын

Did you also see that they're removing custodial fees?

@eSharkUK

4 ай бұрын

​@@MonitodotcomI didn't. Looks like they changed that 😅

do a review on the new zing money

@Monitodotcom

4 ай бұрын

Don't you worry Sam, it will be coming soon! ^Jonny

Great video, thanks so much 🩷

@Monitodotcom

Ай бұрын

You’re welcome! ^Jonny

Does premium still have travel insurance? I heard premium is nothing, metal is 45 days, and ultra is 90 days

@dominicmm6

4 күн бұрын

Based UK

Hi I have a question: Is it possible to rent a car with Revolut? The company told me that they accept also "debit card" but not "prepaid" So revolut is considered a "debit card" or a "prepaid" ?? Thank you so much for your help

@Monitodotcom

5 ай бұрын

This will depend on where you live. Now I can't be 100%, but I believe in the EU, Revolut cards are debit cards, because they have a banking license. In the UK, they're considered an eMoney Institution and so their cards are more likely to be pre-paid, this is the same as the US. May I ask where you're based? ^Jonny

@claudiodinoia12

5 ай бұрын

@@Monitodotcom Of course, I’m Italian and I’ll try to rent the car in Iceland

@Monitodotcom

5 ай бұрын

Okay, I want to say that I am not 100% sure.. I would recommend checking with the rental company, first, and asking if they accept debit cards, and if they take Revolut. I think because your card was issued in Italy, you should be fine, but it is worth checking beforehand. Keep me posted. ^Jonny

@claudiodinoia12

5 ай бұрын

@@Monitodotcom This is literally what they told me: “Good afternoon Claudio, thanks for your email. Yes, it's possible to pay by debit card as long as it has 16 digits, CVV, and an expiry date visible. It's not possible to use prepaid cards either. “ So should be okay hahahah I mean I don’t see the reason why they’ll not accept Revolut even if it has all this characteristics 🤷🏻‍♂️ Anyways thank you again and you have a new subscriber 😁👍

Followed your link and its now a standard account on sign up? Submitted a complaint, feel a bit cheated

@Monitodotcom

4 ай бұрын

I'm sorry about that, you just need to upgrade to Premium when prompted. Check out the T&C's, if there's been an error I'm certain Revolut will just comp you a Premium subscription, they're very good at that. Keep me posted, thanks! ^Jonny

Do you recommend using revolut as your main account?

@Monitodotcom

5 ай бұрын

No, at least not in the UK. You don't get deposit insurance on your current account balance, and there are better options for everyday spending. If you're based in the EEA, then that's a different story because you get deposit insurance up to €100,000. If you do want to use Revolut as your main account, and you're in the UK, you can still get deposit insurance, but that's only for funds in one of their savings vaults. So just make sure to deposit the majority of your money there, that way you have FSCS-protection up to £85,000 and added peace of mine. ^Jonny

@No3l456

5 ай бұрын

@@Monitodotcom Alright, thank you very much for your reply

@Ghost18827

5 ай бұрын

⁠@@Monitodotcomthat’s really good to know. Thank you for explaining. I’m planning to get revolut premium or metal due to the subscriptions you get with those plans. Knew Revolut wasn’t fully protected by FSCS but didn’t know how that worked out exactly.

The link didn’t give me 3 months for free only 1 month

@Monitodotcom

5 күн бұрын

May I ask where you're based? ^Jonny

I do have a Revolut card. It is good for my holidays. However, the travel insurance perk does not include pre-existing conditions. In other words only fit and heathy people should apply. If you should have a medical condition in life then this insurance won't cover it when travelling. Older travellers, who are likely to have one or more medical conditions, will find they are not covered.

@Monitodotcom

2 ай бұрын

Hey Stephen, thanks for taking the time to leave your comment. I have a question, isn't it conventional for medical insurance to NOT cover pre-existing conditions? At least at their most standard level? ^Jonny