Promotion terms

Ultra Discounted Fees Offer

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Terms and Conditions

Welcome to the Revolut New Zealand Ultra Discounted Fees Offer (the “Promotion”), offered by Revolut Payments New Zealand Pty Ltd NZBN 9429048733212) (“Revolut”, “we”, “our” or “us”).


The terms and conditions of the Promotion are set out below. These terms and conditions apply in addition to the other terms and conditions that apply to you as a customer of Revolut, including the Personal Terms, Fees and Charges Section and the Paid Plan Terms.


Promotion Period

The Promotion starts on 1 April 2026 12:00am NZDT and ends on 1 July 2026 at 11:59pm NZST (the "Promotion Period")

What is the Promotion?

The Promotion is an opportunity for Eligible Customers to sign up to a Revolut Ultra plan and receive a 10% discount for the first three months of their plan (the “Ultra Discount Offer”).

Revolut Ultra subscription plans have a contract term of 12 months. This means that you are signing up to a 12 month plan and that after the Ultra Discount Offer ends, you will remain on the Revolut Ultra subscription plan (payable monthly). Following the use of the Ultra Discount Offer you agree to pay the normal monthly subscription fee as set out in the following Subscription Fee Table.


Subscription Fee Table

Subscription Type

Subscription Fee

Ultra Subscription plan

NZ$79.99 per month


Please refer to the Fees and Charges Section for more information on the limits, fees and charges associated with the Revolut Ultra subscription plans.


Please refer to the section below "What happens if I cancel my Revolut Ultra plan after claiming my Ultra Discount Offer?" for details of any applicable cancellation costs that may apply.


Who is eligible to participate in the Promotion?

In order to participate in the Promotion you must be an Eligible Customer of Revolut. An “Eligible Customer” is defined as a customer that has:

  • downloaded the Revolut app;
  • personally received communications (e.g. email or in-app notification) from Revolut inviting you to participate in the Promotion;
  • passed Revolut’s ‘Know Your Customer’ checks and been onboarded;
  • an active Revolut account; and
  • not previously closed a Revolut account or had an account become suspended or restricted.


How do I claim my Ultra Discount Offer?

Eligible Customers will have two opportunities to claim the Ultra Discount Offer:


At Onboarding

Eligible Customers will be prompted to claim the Ultra Discount Offer at the time of onboarding.


After Onboarding

Eligible Customers will receive an email or in-app notification with instructions on how to upgrade your Revolut account. The Ultra Discount Offer can also be viewed within the ‘Plans’ tab within the app. The Ultra Discount Offer will automatically be applied.


What happens if I cancel my Ultra subscription after claiming my Ultra Discount Offer?

If you cancel or downgrade your Ultra subscription plan after claiming the Ultra Discount Offer, the fees set out in the Cancellation Fees Table below will apply.


Please be aware that if you order a Revolut Card during your Ultra Discount Offer period and then cancel your Revolut Ultra subscription plan before your Ultra Discount Offer period ends, you will be charged card fees. For this reason, we recommend only ordering a Revolut Card after you decide to keep the plan for the full 12 month term.


Further, we won’t refund amounts already paid. For example, if you order additional Revolut Cards beyond your plan’s card allowance you will not receive a refund.


After the Ultra Discount Offer period ends, by default you will remain on the Revolut Ultra subscription plan (payable monthly) unless you tell us otherwise, and normal subscription fees set out in the Subscription Fees Table below will apply.


Cancellation Fees Table

Cancellation Period

Ultra Subscription

Within 14 days

  • Full refund of your subscription fee.
  • If we sent you an Ultra Card, Metal Card or Premium Card, we’ll charge you for the cost of the card(s) and express delivery.*

Between 14 days and 6 months

  • No refund for amounts already paid.
  • You must pay the subscription for the month in which you cancel or downgrade your subscription.
  • You’ll be charged an administration fee for early cancellation which is equivalent to one monthly payment of the subscription fee.

More than 6 months

  • No refund for amounts already paid.
  • You must pay the subscription for the month in which you cancel or downgrade your subscription.
  • No early cancellation administration fee.

*Please see the Paid Plan Terms for more information on notice periods. During a notice period you will continue to receive the benefits of your subscription.


What else should I know?

Revolut reserves the right to change, modify and/or supplement these Terms from time to time if necessary to protect our legitimate interests. If we exercise this right in a way that is detrimental to you in your capacity as an Eligible Customer, we will provide you with: a) reasonable notice where possible; and b) if applicable, the opportunity to close or downgrade your Revolut account at no cost. Please contact Customer Support if you believe you qualify for a particular benefit in relation to the Promotion that has not been awarded to you as a result of this early suspension or termination.


Events beyond the control of Revolut may occur that render the awarding of the Ultra Discount Offer impossible. Accordingly, Revolut will not be liable for any loss, whether directly or indirectly suffered, as a result of an event outside of its control.


If we have reasonable grounds to believe that you have engaged in any fraud or material abuse of this Promotion (such as for example attempting to obtain an unfair advantage through deception) we may in our sole discretion take any actions we see fit in the circumstances.


Any disputes arising out of or in connection with these terms can be dealt with by the Courts of the State of New Zealand.