If you signed up to Revolut with an Italian address after 20:00 (EEST) 8 October 2020, these terms apply to you. If you signed up before 20:00 (EEST) on 8 October 2020, our United Kingdom (UK) terms apply, unless you have received an email from us. To see our UK terms, change the country selector to "United Kingdom"
These terms apply from 24th August. To view our previous terms, clickhere
|Subscription fee||€7.99 a month
€82 a year
However, if you add money with a card that has not been issued within the EEA (e.g. a US-based card) or you add money with a commercial card then we may charge a small fee just to cover our costs.
|First Premium Revolut Card||Free
Your first card can be a Premium or Standard one
(but remember, you may have to pay a card delivery fee if you cancel your subscription within 14 days of signing up and a Premium card has been sent)
|Second Revolut Premium card||Also free
Your second card can be a Premium or Standard one.
If cancel your your subscription within 14 days of ordering a second card, you may have to pay a card delivery fee
|Additional Revolut Cards||Your first two cards are free as a Premium customer (as set out above). You also get one free replacement every subsequent year. After this, we charge €10 per additional card.|
|Express delivery for Revolut cards||Free express delivery
(but remember, you may have to pay this back if you cancel your plan within 14 days of ordering the card)
|Virtual Revolut cards||Free|
ATM Withdrawals up to €400 or currency equivalent per rolling month are free. Anything over the above limits is charged at 2% of value of ATM Withdrawal.
|Transfers to other Revolut Users||Free|
|Local payments in your base currency||Free|
|Cross-border payments within the SEPA region in EUR and SEK||Free
This means payments in euros or Swedish krona to non-Revolut accounts that are outside your country but inside the Single Euro Payments Area region
|Cross-border payments outside the SEPA region||Free
This means any other payments not covered above to non-Revolut accounts that are outside your country
|Payments sent via SWIFT||Your first is free, then €3 if the payment is in US dollars or €5 if it is in another currency
This means any payment where you send a payment to a country which is not in the national currency of that country
We'll let you know in the Revolut app if any charges apply, before you make the transfer.
Whenever you make a currency exchange in the Revolut app, we'll use an exchange rate based on our market data, which is based on foreign-exchange market rates. There is more information about our exchange rate in our Personal Terms.
For certain conversions we apply an extra percentage-based fee, which may change according to when and how frequently the currencies are traded. These fees are set out below.
We charge a fee of 1.0% for currency exchanges on weekends and bank holidays (in London) because exchange markets are generally closed and less currency is traded during these times. You can avoid these fees by making your exchange on weekdays. We may charge this fee if these or other exchange markets are closed at other times too.
We also charge a fee of 1.0% for exchanges in money currencies that are traded less and so are not always easily available. These currencies are set out below.
|Standard money currencies: USD, GBP, EUR, AUD, CAD, NZD, CHF, JPY, SEK, HKD, NOK, SGD, DKK, PLN, CZK (or any other currency not listed as a “less traded money currency” below)||No fee|
|Less traded money currencies: THB and UAH||1.0%|
|Standard money currencies: USD, GBP, EUR, AUD, CAD, NZD, CHF, JPY, SEK, HKD, NOK, SGD, DKK, PLN, CZK (or any other currency not listed as a “less traded money currency” below)||1.0%|
|Less traded money currencies: THB and UAH||2.0%|
The highest rate relevant to your conversion will apply. For example, for a conversion between USD and THB on a week day, we will apply the mark-up that applies to THB (1%), not the mark-up for USD (0%).
To view this in the regulator's standardised format please click here.
A glossary of the terms used in this document is available free of charge.