Revolut Metal Card
The most known fintech in Europe offering their digital banking alternative. Easy to open, if you are traveling more than once a month, it’s a good solution to save up on banking fees. Free withdrawal up to 400£ per month and no fee on exchange rate beside week-ends. For 13.99€ per month, you have access to travel insurance and cryptocurrency and have priority against free account for customer support.
With the Revolut Metal Card, you have 0.1% cashback within Europe and 1% outside of Europe on all card payments and you have access to exclusive concierge service compared to the premium version.
With more than 4 millions customers, Revolut is definitely the leader of digitalisation of the current account and debit cards. They think that money should be borderless as well as your account. Their app is perfect to follow your expenses and have a budget.
To Metal customers, they can make up to 100 non-commission-based transactions per month on more than 300 US-listed shares on the New York Stock Exchange and NASDAQ, with real-time prices and data on the price action. Transactions with Revolut are instantaneous, with an annual custody fee of 0.01% and no minimum account. This is available for European EEA zone customers.
|Open account||Close account||Domestic ATM Transaction||International ATM Transaction||Foreign exchange fee||Monthly service fee||Loading fee||Shipping cost|
|Free||Free||Up to 600€ free or 2%||Up to 600€ free or 2%||Free||13.99€||Free||Free|
|Network||Insurance||Rewards||Card type||App||Transfer between user||Physical Card||Virtual Card||Apple Pay||Android Pay|
|Mastercard or Visa||Yes||Yes *Beta||Prepaid||Yes||Yes||Yes||Yes||Yes||Yes|
|Value dail online transaction||Single ATM transaction limit||Daily ATM withdrawal limit||Monthly ATM withdrawal limit||Max single top-up value||Max daily load||Max daily limit bank transfers|
|Multiple currency||Currency||Country avaibility|
|Yes||USD / GBP / EUR / AUD / CAD / NZD / CHF / JPY / SEK / HKD / NOK / SGD / DKK / PLN / MXN||EU + Switzerland + Australia + Singapore|
|Bitcoin||Other crypto||Transfer In/Out crypto||Without KYC|
|IBAN||Country IBAN||Wire transfer||Trading||Banking license|
|Yes||EU||Yes||Crypto + Traditional * 0.01% annual custody fees / available to EEA zone||Yes *Granted but not operational|
Frequently asked questions
Revolut is making money with interchange fees, subscriptions and subscriptions on business accounts. You can have more details by reading this article.
Revolut is not yet a bank. It received a banking licence but it does not yet operational. Actually, Revolut is money transmitter institution. So customer funds are not guaranteed by the Financial Services Compensation Scheme (FSCS) in the UK. But Revolut has to keep their customer funds separated from their own funds.
You can use your card everywhere in the world where cards are accepted on the network the card was issued (Visa/Mastercard, Maestro)