I’ve been using it as my main bank for years. I take my salary deposits in revolut with ZERO problems. I use revolut for very large sums of money with literally no problem. I passed SOF in 15 minutes once and that’s it. And now that they upgraded to a BANK which ensured my money up to 100K just like normal high street banks I have no doubt. People who say that they got blocked means something fishy happened. A high street bank can block your account as well to comply with KYC and AML. Play by the rules. Don’t blame the game!
Good informative video Ben, I myself use Revolut as only my wife has a bank account, so now I only have to wait until the bills get paid, my teenage girls get their spends, the dog gets her snacks, the wife gets pampered, to see if anythings left over to transfer for me. Lol
Hello, that's all you need to do, are you sure you were using the right pint and there's money in the account? Perhaps try again with a different retailer. Very occasionally I find one whose PED's don't work with Revolut
To use a revolut virtual card I have to transfer money from the normal revolut card to the virtual card? Or it takes money automatically from my revolut balance app?
Hello, the virtual cards take money from your normal balance, it's just another card number but has access to the same funds. You can find out more at blog.revolut.com/virtual-card/
@@BenPaton81 ah ok, thanks. Do you know if there is a way to transfer dollars from paypal to revolut if I'm in europe? The problem is that when I try paypal convert the dollars to euro and then transfer to my revolut, an this mean to pay crazy 4.5% commission to paypal... any idea how to avoid this?
I'm not sure why you are trying to go paypal to revolut, it sounds complicated. You can do that if you want but you can also go from your bank to revolut. I think you just need to work out the optimum time to convert from USD to EUR. Saying that when I go on holiday (before Covid lol) I just pay with my revolut card abroad, e.g. in Spain or Poland. The money in my Revolt card is in GBP and you can pay EUR or ZLT (in the case of Poland) transactions. It just converts each transaction. It's the lazy / what's easiest when I go on holiday approach. Not sure if it's the best way to convert financially, you wouldn't do it for a large lump sum but because there is zero commission fee with Revolut unlike with my HSBC card it seems like a really easy way to go. So I'm not sure why you just don't keep your Revolut balance in USD.
@@BenPaton81 Revolut is perfectly ok, but the problem is when I have dollars on paypal and I want to convert in eur... if I do it inside paypal or transfer dollars to revolut paypal apply 4,5% commission. And plus if I have to buy in dollars through paypal but I don't have dollars on account I have to transfer euro from revolut and then paypal will appply 4,% there too
Ben, please be honest. All I see on twitter is revolut blocking peoples account. what do you think this is ? do you think it is safe to keep my money in revolt? I have not seen the traditional banks blocking peoples account or people complaining all day long. if you could help please.
when you buy shares on revolution I believe they are not CFD also Revolut is not your stock broker either, they are nearly outsourcing you to a third party stock broker that you have probably never heard of, just like there interest savings pots which are out sourced aswell
Ben Paton although the trading feature is fairly useful it is quite limiting with its free trades, if you like investing Trading 212 is the place to do it though with zero commission and a wider market, revolut started me off trading when i was still learning about it but I don’t use it anymore
What a benefit! Revolut it is a SCAM. My account have been blocked and I still waiting. No requesting documents, no info . Nothing . Such a big joke. Alot of people with same issue.
@@BenPaton81 Yeah I'm not sure if Revolut bribed the offer to post this. But using it as your main bank account is a really bad idea. I use to be a Revolut evangelist singing it praises to everyone. Then I got into the verification nightmares still managed to work those out (even though the whole point of revolut for me was to have it on a burner phone without a simcard with no official ties to my declared taxable bank accounts). Thankfully Revolut has never blocked me as I never send money out of the app back to bank accounts. But its enough to check any of their social media facebook, twitter or linkedin to see all the trouble people are experiencing and we are taking about traders and premium users that get +10k euro/GDP blocked with no resolve time in sight.
Good point, unfortunately you can't pay cheques or cash into Revolut. I wouldn't recommend Revolut to be your only account. I use it as my spending money account. I still have a more traditional bank account which I can pay cheques and cash into.
Thanks....I was wondering about the Google pay but you covered it.....is that the only bank acc you have now for everyday life? I am currently with Barclays,can you believe that Barclays does not link with Google pay ....that's crazy ....2021 and a bank want you to use there own app...where is the freedom of choice? What about direct debits ? Any problems? Does the free account cover a joint acc? By the way...is it visa? Many thanks
Hello, yes it is a visa card. Very occasionally I find somewhere which doesn't accept it like Asda's petrol station but no problems in 99% of places. It's not my only bank account, it's just where I put my day-to-day spending money and then it's easy to split expenses with my other half. Not sure if you can do a joint account. It works with google play fine, in fact most the time these days I pay with my phone's NFC so paying through google pay to my Revolut account. Indeed odd that Barclays have not caught up with this yet. I wouldn't recommend you put all your money into this account, just spending money and keep your bills coming out of a traditional bank account where your salary goes into if that makes sense.
They do block your account, but they resolved it very fast as well, I am a current metal plan user and they blocked my access due to the security reason since I have two mobiles and tried to login from another device. Better not put a fortune there, maximum 300 euro or likewise, just refill your account a little more frequent instead of once in a well with a heavy load.
I've used Revolut for a few years but just for holidays. One gripe I have is they cannot do joint accounts, and one person cannot have another account, say for example for personal stuff
Hi sir, I'm checking if you gonna sell revolut verified account..because I need revolut account but I don't have any documents that revolut need.if you sell let me know please
Yes I don't see why you couldn't do at least in the UK. The account has a sort code and account number. Personally I recommend using it as a spending account.
Technically, Revolut is NOT a bank but Finance App company. Calling it a bank would be technically incorrect as it does NOT fall under the traditional legal definitions of a regulated bank by most country standards. Nevertheless, the digital age has created these FIN-TECH companies and they are superior to banks much like Bitcoin is far superior to fiat currency. I am bullish on Revolut
Two years on I'm still using Revolut as my main spending account and have had zero issues with them, touch wood. The main advantage I find is easily splitting bills with my girlfriend. I'm bullish on revolut as well.
Oh yes sorry thanks, I forgot I had bought Tesla shares back when I made this video, sadly I got out again before they really sky rocketed but I still made a profit.
I’ve been using it as my main bank for years. I take my salary deposits in revolut with ZERO problems. I use revolut for very large sums of money with literally no problem. I passed SOF in 15 minutes once and that’s it. And now that they upgraded to a BANK which ensured my money up to 100K just like normal high street banks I have no doubt. People who say that they got blocked means something fishy happened. A high street bank can block your account as well to comply with KYC and AML. Play by the rules. Don’t blame the game!
Γεια σου Έλληνα πατριώτη πολύ ωραία τα είπες
Thanks for your comment I agree with this
There is an issue with bank transfers now in UK
Good informative video Ben, I myself use Revolut as only my wife has a bank account, so now I only have to wait until the bills get paid, my teenage girls get their spends, the dog gets her snacks, the wife gets pampered, to see if anythings left over to transfer for me. Lol
Thanks CeeJayBee, sounds about right the last to get paid lol!
“Happy 2020” little did he know what was coming
Did I say that in the video? Lol oh well... who could have known?!
How to activate my standard physical card?It writes to use pin 4 1st transaction but it was declined in a supermaket.PLs help.Thx
Hello, that's all you need to do, are you sure you were using the right pint and there's money in the account? Perhaps try again with a different retailer. Very occasionally I find one whose PED's don't work with Revolut
To use a revolut virtual card I have to transfer money from the normal revolut card to the virtual card? Or it takes money automatically from my revolut balance app?
Hello, the virtual cards take money from your normal balance, it's just another card number but has access to the same funds. You can find out more at blog.revolut.com/virtual-card/
@@BenPaton81 ah ok, thanks. Do you know if there is a way to transfer dollars from paypal to revolut if I'm in europe? The problem is that when I try paypal convert the dollars to euro and then transfer to my revolut, an this mean to pay crazy 4.5% commission to paypal... any idea how to avoid this?
I'm not sure why you are trying to go paypal to revolut, it sounds complicated. You can do that if you want but you can also go from your bank to revolut. I think you just need to work out the optimum time to convert from USD to EUR. Saying that when I go on holiday (before Covid lol) I just pay with my revolut card abroad, e.g. in Spain or Poland. The money in my Revolt card is in GBP and you can pay EUR or ZLT (in the case of Poland) transactions. It just converts each transaction. It's the lazy / what's easiest when I go on holiday approach. Not sure if it's the best way to convert financially, you wouldn't do it for a large lump sum but because there is zero commission fee with Revolut unlike with my HSBC card it seems like a really easy way to go. So I'm not sure why you just don't keep your Revolut balance in USD.
@@BenPaton81 Revolut is perfectly ok, but the problem is when I have dollars on paypal and I want to convert in eur... if I do it inside paypal or transfer dollars to revolut paypal apply 4,5% commission.
And plus if I have to buy in dollars through paypal but I don't have dollars on account I have to transfer euro from revolut and then paypal will appply 4,% there too
Ben, please be honest. All I see on twitter is revolut blocking peoples account. what do you think this is ? do you think it is safe to keep my money in revolt? I have not seen the traditional banks blocking peoples account or people complaining all day long. if you could help please.
I don't think it's good that people's accounts are getting blocked, they must be blocked for a reason? I've not had any issues myself.
Help please. If I send money from my revolute to my friend who has revolute in Spain. Will they charge me due to the brexit new law?
No I don't think so
Very informative and well-explained video. Thank you!
Thank you, really kind of you to say so!
Did not like the metal card felt plastic i wanted that metal sound when I drop it
That's not good!
Hi. Do you still use Revolut as your bank account?
Yes I still use it as my spending account
when you buy shares on revolution I believe they are not CFD also Revolut is not your stock broker either, they are nearly outsourcing you to a third party stock broker that you have probably never heard of, just like there interest savings pots which are out sourced aswell
Thanks for the information, you are right, you can see the name of the stock broker in some of the screens and e-mails from them
Ben Paton although the trading feature is fairly useful it is quite limiting with its free trades, if you like investing Trading 212 is the place to do it though with zero commission and a wider market, revolut started me off trading when i was still learning about it but I don’t use it anymore
What a benefit! Revolut it is a SCAM. My account have been blocked and I still waiting. No requesting documents, no info . Nothing . Such a big joke. Alot of people with same issue.
Sorry to hear that
@@BenPaton81 Yeah I'm not sure if Revolut bribed the offer to post this. But using it as your main bank account is a really bad idea. I use to be a Revolut evangelist singing it praises to everyone. Then I got into the verification nightmares still managed to work those out (even though the whole point of revolut for me was to have it on a burner phone without a simcard with no official ties to my declared taxable bank accounts).
Thankfully Revolut has never blocked me as I never send money out of the app back to bank accounts. But its enough to check any of their social media facebook, twitter or linkedin to see all the trouble people are experiencing and we are taking about traders and premium users that get +10k euro/GDP blocked with no resolve time in sight.
Hi, you didn't mention about paying in cheques or cash?
Thanks
Good point, unfortunately you can't pay cheques or cash into Revolut. I wouldn't recommend Revolut to be your only account. I use it as my spending money account. I still have a more traditional bank account which I can pay cheques and cash into.
awesome video! thanks!
Thanks for saying so!
Thanks....I was wondering about the Google pay but you covered it.....is that the only bank acc you have now for everyday life? I am currently with Barclays,can you believe that Barclays does not link with Google pay ....that's crazy ....2021 and a bank want you to use there own app...where is the freedom of choice?
What about direct debits ? Any problems? Does the free account cover a joint acc?
By the way...is it visa?
Many thanks
Hello, yes it is a visa card. Very occasionally I find somewhere which doesn't accept it like Asda's petrol station but no problems in 99% of places. It's not my only bank account, it's just where I put my day-to-day spending money and then it's easy to split expenses with my other half. Not sure if you can do a joint account. It works with google play fine, in fact most the time these days I pay with my phone's NFC so paying through google pay to my Revolut account. Indeed odd that Barclays have not caught up with this yet. I wouldn't recommend you put all your money into this account, just spending money and keep your bills coming out of a traditional bank account where your salary goes into if that makes sense.
Very informative thank you
Very welcome
thanks , is it possible transfer money to Bangladesh from business account?
Sorry I'm not sure try Revolut support.
Hi can I take money out from the Cashing machine with Revolut.
Thank you
Yes you can!
And can I get paid on Revolut? ( salary ) is there any bilance limits for standart accounts ?
Yes you can get paid into it. I move money into it with a standing order each month.
Does Revolut visa has (3D secure) and eligible for international payment ??? Can I use it with expert option?
I hope for ur reply soon
It does have 3D secure I believe. I'm not sure what you mean by expert option. Better check their website or ask them
@@BenPaton81 No it doesn't have 3D secure but soon it will be available
@@BenPaton81 they doesn't know they only needs card has 3D secure and eligible for international payment
it it true they always block the account if had a problem?
Could you explain a bit more about what you mean?
yes it is so stay away from Revolut its a pure scam
They do block your account, but they resolved it very fast as well, I am a current metal plan user and they blocked my access due to the security reason since I have two mobiles and tried to login from another device. Better not put a fortune there, maximum 300 euro or likewise, just refill your account a little more frequent instead of once in a well with a heavy load.
@@nishuozenmeban i see, quite make sense, thanks fyi!
@@BenPaton81 i mean lots of megarive comments on their social media account whom they hold/freeze
Nive video , do you have standart , premium or metal account ?>
I just have the standard account
My revolut account is closed. Can someone help me? What should I do?
Tanx
Sorry to state the obvious but have you tried contacting Revolut?
@@BenPaton81 how do you get hold of them, no phone number?
I've used Revolut for a few years but just for holidays. One gripe I have is they cannot do joint accounts, and one person cannot have another account, say for example for personal stuff
Thank didn't realise about joint accounts.
I know it’s a dated comment but you can now!
Hi sir, I'm checking if you gonna sell revolut verified account..because I need revolut account but I don't have any documents that revolut need.if you sell let me know please
Sorry I'm not interested
I sell revolut cards at good prices. Hmu if still interested
Is it possible to transfer Coinbase account to Revolut account..???
Seem like you can: medium.com/@emmanuelolajide/withdraw-from-coinbase-via-revolut-5fe8c65ee064
did you ever try this?
Can you use Revolut on your PC exclusively?
Sorry I'm not sure what you mean? It's a banking card and a phone app...
You need to be aware Revolt does not have a banking licence. They have applied for a banking license but it has not been approved.
Thanks, let's hope they get that licence. Not sure what difference that would make? I only really keep spending money in Revolut.
@@BenPaton81 If they go out of business your savings are not protected IIRC
Great video! Thank you so much!!! :)
Glad it was helpful!
Thanks for that insite
No worries!
they block my card and i could not access my fund.....
no body response in customer service pls everyone be careful and move your money from revolut
Sorry to hear of your experience
@@BenPaton81 Thank you boss it's a really tragic experience I'm having
Why did they block your account?and did you manage to get your money out?
How to show iban no
Hello the IBAN number for the account shows in the Revolut app
Can it be use in Philippines? How to see the rate?
Yes it looks like Revolut is available in the Philippines www.yugatech.com/news/revolut-to-launch-in-the-philippines/
Can Revolut be used as a salary account
Yes I don't see why you couldn't do at least in the UK. The account has a sort code and account number. Personally I recommend using it as a spending account.
Does it have paypoint?
No I don't think Revolut does
Can you cheat and not pay taxes using Revol… ?
No
It does more than your regular banks. All my wages are paid into my revolut account, and I've had no issues. I don't understand these complaints
Glad to hear from someone who has had a positive experience from Revolut as I have
I just done the same, its miles better than Lloyds for example
Great, glad to hear you like Revolut too!
Revolut is owned by Lloyd s.
@@mykeywazowsky I thought they just guaranteed the deposits and Santander helped with infrastructure
good video , thanks for the info
Thanks for saying so!
NICE! Looks amazing! I subed! nice This is amazing! follow!
Thanks for the sub!
Are you still using? give us a update
Yep I still use Revolut today for my day-to--day transactions. The main feature I like is enables me to easily split transactions with my partner
Technically, Revolut is NOT a bank but Finance App company. Calling it a bank would be technically incorrect as it does NOT fall under the traditional legal definitions of a regulated bank by most country standards. Nevertheless, the digital age has created these FIN-TECH companies and they are superior to banks much like Bitcoin is far superior to fiat currency. I am bullish on Revolut
Two years on I'm still using Revolut as my main spending account and have had zero issues with them, touch wood. The main advantage I find is easily splitting bills with my girlfriend. I'm bullish on revolut as well.
Keep with tesla
Ok, not sure what you mean?
They have been added to the s&p 500 and it's only going to take off on the stock market
Oh yes sorry thanks, I forgot I had bought Tesla shares back when I made this video, sadly I got out again before they really sky rocketed but I still made a profit.
You need to have a shave 😂
So do you most the time :) I'm trying out the beard look for the new year