Revolut revamps plans and launches Revolut Plus

• Brand new features, same great price across all plans
• Paid plan customers’ purchases are protected by Revolut from theft, damage, or no-returns policies
• Introduces Revolut Plus, a new affordable £2.99/month option

London, 16 December 2020

Revolut, the UK-based financial superapp, has today announced a revamp of its paid plans and the addition of Revolut Plus, a new affordable £2.99/month option that gives customers a boost in confidence knowing their purchases are protected from theft, damage, or no-returns policies.

Comprehensive purchase protection covers Plus customers up to £1,000, Premium customers up to £2,500, and Metal customers up to £10,000 if their eligible purchases are accidentally damaged or stolen, for a whole year. Paid plan customers can also worry less about returns thanks to extended 90-day refunds for eligible purchases, and book tickets for events without the fear of not being able to attend if things don’t go to plan, with refunds returned straight to their Revolut account.

Revolut Plus customers will also be able to securely spend online with virtual cards, or pay in-store with quick and convenient mobile payment services like Google Pay and Apple Pay. With Revolut Plus, uncertain times won’t stop customers living their best life.

Customers who sign up to Revolut Plus will receive priority customer support through the Revolut app and can get more from their money, with access to stock trading, cryptocurrencies and commodities, while parents and guardians can teach their kids money skills for life with access to up to 2 junior accounts. In addition to this, Revolut Plus customers in the UK can effortlessly grow their savings with daily interest (0.30% AER) from Savings Vaults.

If customers want to become a Plus member, they can sign up today in the Revolut app. For more information on what’s included in the Plus plan please refer to our terms and Plus fees page. The Revolut Plus plan also includes purchase protection which is provided to our Revolut customers by Qover and underwritten by Chubb; to understand more about what’s covered in this insurance please refer to our IPID.

Nik Storonsky, CEO and Founder at Revolut, said: “We’re excited to launch our upgraded plans for our customers across Europe, providing them with great value for money while protecting them from out of pocket expenses. We want to help our customers shop safely, knowing their purchases are protected by Revolut from theft, damage, or no-returns policies.”

Felix Jamestin, Head of Premium Product at Revolut, said: “Revamping our paid plans and introducing Plus should give a big boost to our customers’ confidence and wallets. Not only will they receive a new, affordable plan with additional protection, they will also get all the great features they have come to love. It’s encouraging to see how popular our plans have been so far, and we think Plus will be an attractive and popular addition.”

Customers will continue to enjoy a range of everyday benefits such as spending analytics, budgeting tools, open banking connections, Revolut Junior and much more, helping them to get more from their money.

The new and improved plans will be available to Revolut’s customers in the UK today, and will be available to customers in the European Economic Area (EEA)from next week. Revolut plans to introduce Revolut Plus and the revamped plans to other global markets in the near future.

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