Revolut : Disrupting the Banking Sector

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  • Опубліковано 15 лис 2024

КОМЕНТАРІ • 196

  • @joshhall8870
    @joshhall8870 4 роки тому +28

    I love revolut. I put a spending limit of how much I can spend till my next paycheck and once I reached it, it declined even when I had plenty of money in there. Just basically tracking your spending having to save your money other then keep spending your money if that makes sense.

    • @MrPuofke
      @MrPuofke 4 роки тому +1

      I started saving through easy reach to stocks, it showed me another side.

  • @MsRamrad
    @MsRamrad 5 років тому +34

    "Ask not what Revolut can do for employee, ask what employee can do for Revolut" - The Great Storonsky

    • @Vibranium603
      @Vibranium603 3 роки тому

      i wish youtube had a haha reaction button.

  • @toroblanco800
    @toroblanco800 4 роки тому +17

    Revolut uses higher spread when converting currencies and that's how it "charges" you.

    • @DataLog
      @DataLog 3 роки тому +1

      I'm exploring this option of payment, because bank transfer from europe to US stock account for $180 cost me $20 and it took 5 days to complete... If revolut can do it in under $5 I'm taking it.
      Banks became so expensive that it was cheaper (and faster) for me to buy crypto with visa, pay 2% fee, do a double transfer, sell it on my stock account and pay a $3 fee. And I did it in under 30min.

  • @Leinsterbaby
    @Leinsterbaby 4 роки тому +15

    Identity verification was like 5 minutes, I uploaded my ID and then got notified.

  • @sunggoku
    @sunggoku 4 роки тому +3

    In time of when PRIVACY is extremely important, Revolut wants you to submit ALL your banking/financial information "in order to meet regulations." I NEVER had AMEX or any other bank ask me for all DETAILED salaries, savings etc. with NAME, BANKING details, EMPLOYER information
    So after paying 135€ for my metal card fees, they want me to submit official listings of my accounts and assets? Especially when there are (small) security breaches etc?! Am i PAYING to give out my PERSONAL information and become vulnerable against security breaches etc?
    Come on! This is ridiculous!

  • @richardvonfuchs
    @richardvonfuchs 4 роки тому +1

    It may be my tablet but I have not been able to confirm my card. I used their chat line and they said "sorry". I get constant reminders to confirm my card.
    I tried to close the account following their procedures and I transferred the one euro to my son but my tablet froze and will be "connecting" forever. I sent a normal letter to Revolut in London but got no answer. I do not want to chat with the community or read articles. I wanted to contact a person and that is not possible. In theory, Revolut is a good idea but I have had nothing but problems with them

  • @zeroxhunter826
    @zeroxhunter826 3 роки тому +1

    All i hear about is convenience, not privacy or security. What will happen to the funds when this company goes belly up? It's scary to know a private entity holds all my private information like my name, phone number to all my transactions, and who knows what they will do with that data? It's definitely worse compared to traditional nationalized banks, which grantee that our funds will be save even if the bank collapses.

  • @MagnumSkyWolf
    @MagnumSkyWolf 4 роки тому +5

    My bank app shows me my payments seconds after I use my card. Shows me how much I spent in a month 2 months etc. Shows me where I mostly spend it and shows me how much I've saved.
    It has graphs and everything I genuinely need for my banking however I keep hearing about this company

    • @MrPuofke
      @MrPuofke 4 роки тому

      In revolut it’s in real time bruh

  • @NATmusic27
    @NATmusic27 4 роки тому +7

    I don’t understand now what I should do cause I hear also lots of negative comments on revolut

    • @thenameisjohncena2005
      @thenameisjohncena2005 4 роки тому +1

      Did you decide to go for it? How did it go if you did?

    • @heikg
      @heikg 4 роки тому

      You can go for it but don't keep a lot of money in it. The complaints come from the seemingly random account locks that can happen from time to time, or if you end up loosing your phone. Then all hell breaks loose because Revolut have no actual customer service, you cannot find anyone to contact other than a chat from within their app, which is also either ignored for weeks or you get an automatic reply. So in short Revolut is awesome if you don't have to deal with their customer services. So keep your account small unless you want to deal with having your money frozen or account closed with no explanation for months, up to a year with no way or resolving the issue.

  • @nevad34
    @nevad34 5 років тому +10

    if you don't take care of your employees who gonna take care of the customers

  • @benasleo
    @benasleo 4 роки тому +5

    I have been using Revolut for about 3-4 years - absolutely love it!! Even made videos about Revolut to spread the word :)

    • @khadijabatool9462
      @khadijabatool9462 4 роки тому

      So what about zip code to use?

    • @benasleo
      @benasleo 4 роки тому

      khadija batool use your own zip code

    • @khadijabatool9462
      @khadijabatool9462 4 роки тому

      @@benasleo The one I gave for card delivery?

    • @benasleo
      @benasleo 4 роки тому

      khadija batool yeah

    • @benasleo
      @benasleo 2 роки тому

      @Maths they did not block my account

  • @fatjonprendi1026
    @fatjonprendi1026 3 роки тому +1

    I heard that Revolut is not good to buy crypto! Is that true?

  • @steventnguyen9709
    @steventnguyen9709 4 роки тому +1

    Revolut is a scam company. Now they locked many account and hold their money 6 month - 1 year. Your can’t contact support and your don’t know why your account was locked. When you try to contact with social chat they say “ they can’t access your case and tell you patient” . This is my experience with revolute. My account was locked in January and still wait until now without reason and any information

  • @gobrad
    @gobrad 3 роки тому +1

    Hi, I just got an email from Revolut requesting I fill in my tax details... I found this strange considering I have no tax details?? Any ideas?

  • @syncrovanCos
    @syncrovanCos 4 роки тому +2

    Was nice while it lasts ! I'm already looking for alternatives, after few years of use.

  • @shayanahmad5439
    @shayanahmad5439 5 років тому +4

    I came across your video for the first time and I liked the fact you covered from every angle! subscribinggg!

  • @ru4031
    @ru4031 4 роки тому +1

    If you withdraw more than 200 euros in a month from the ATM machine in your own country or other country, you pay 6 euros or more. So anything is not for FREE!! But its cheaper than a bank visa card. For the rest i like this card.

    • @pharmanews4438
      @pharmanews4438 4 роки тому

      Contact *imogen_hack on IG* to unlock your revolut account.

  • @ru4031
    @ru4031 4 роки тому +1

    Last week i toke 20 euro's out atm in Malta and i payd 3,95 extra, one day later again 20 euro and payd 3,95 again!! Revolut is not for FREE!! 5 months i never toke money out atm, why i payd cause normaly its max 200 euro a month no charge

  • @4eailq
    @4eailq 3 роки тому +2

    Revolut will take your money and will not allow you to withdraw it.. Their stock trading is the worst, I bought stocks and for 4 days I haven't been able to sell it

    • @rosswalsh9587
      @rosswalsh9587 3 роки тому

      Whwre are you from? Mine works perfectly

  • @jodieturner690
    @jodieturner690 4 роки тому

    Can I register from USA ?. Or is it just a Uk app?...if it is then I’ll prefer transferwise to this

  • @MCAlkaMC
    @MCAlkaMC 4 роки тому

    LOL at the USSR joke but these pressures are a very typical feature of western capitalism

  • @dalonso
    @dalonso 3 роки тому

    Hi, awesome video! I can't find a way to trade stocks on the iOS app, is this just me?

  • @alkazeicer9616
    @alkazeicer9616 4 роки тому

    Loved this company at first now hate it after had to deal with few issues. customer service only with sms, premium plans have to pay cancellation fees if you want to leave same as for cards postage if you closing account.. Please read small print if you dont want to get robbed..

  • @whitephoenixweddingfilms
    @whitephoenixweddingfilms 5 років тому +10

    Very informative, loved the Russian bit 😄 thanks

  • @DerbJd
    @DerbJd 4 роки тому +3

    Is it “Rev-o-lut” or “Re-volt”...?

  • @nicolelouis8968
    @nicolelouis8968 4 роки тому

    How do we get on the waiting list for OZ, I clicked a link but took me nowhere. I also need advice, who can we contact? after reading the comments not so sure. Good Customer service is a necessity when it comes to money and payments. It sounds like similar problems that occur with Paypal, who I have already torn my hear out.

    • @pharmanews4438
      @pharmanews4438 4 роки тому

      Contact *imogen_hack on IG* to unlock your revolut account.

  • @abhishekramkumar8875
    @abhishekramkumar8875 4 роки тому +1

    Can we also pay bills , set up standing instructions to pay EMI , Invest in shares etc ?

    • @BusinessDisruptors
      @BusinessDisruptors  4 роки тому

      Yes for most of it

    • @surendrashekhawat4155
      @surendrashekhawat4155 4 роки тому

      Abhishek Ramkumar yes you can, I’m buying stocks with revolut now, while others are buying toilet papers lol

  • @grigor_karagozian6931
    @grigor_karagozian6931 4 роки тому

    i -ignored the negative news and tried to Register but it seems there is something wrong with the revolut app i have tried for many months for many month i still have not been able to register with revolut .

  • @matejdrazic7997
    @matejdrazic7997 4 роки тому +1

    whats topher grace doing these days

  • @oliverhojas
    @oliverhojas 4 роки тому

    Is Revolut a Debit Card or a Credit Card?

    • @heikg
      @heikg 4 роки тому

      Debit

  • @soloshotfirst1118
    @soloshotfirst1118 4 роки тому +1

    How do I transfer money from my Paypal to my Revolut account?
    I live in Denmark, and I can't seem to link up my Revolut card with my paypal account? :(

    • @danielmenezesbaka5533
      @danielmenezesbaka5533 4 роки тому

      Contact *imogen_hack on IG* to fix it for you

    • @pharmanews4438
      @pharmanews4438 4 роки тому

      Contact *imogen_hack on IG* to unlock your revolut account.

  • @michaelvu8776
    @michaelvu8776 4 роки тому

    I need an answer pls. Does revolut charge money just for depositing to the account. I got charged 1% two times now

    • @michaelvu8776
      @michaelvu8776 4 роки тому

      And also my standard mastercard debit is not free. It cost 7 usd

  • @desmondlittle6676
    @desmondlittle6676 4 роки тому

    Is it fdic approved

  • @therevolution91
    @therevolution91 5 років тому +2

    Chi!!!
    I am Frééench.
    😂
    I don‘t get it after reading all these negative comments.
    Is Revolut now good or bad?

    • @BusinessDisruptors
      @BusinessDisruptors  5 років тому

      😂 people tend to publish their most negative experiences. I am super happy with it, as are a dozen of my friends who use it. Never had a problem

    • @therevolution91
      @therevolution91 5 років тому +1

      Business Disruptors Is it also possible to load the Revolut card with cash? And is the card itsself a bank account? Could you recommend a free online bank to me as a so-called digital nomad living in Bulgaria/ Ukraine? (like bunq or so) The same with bunq: I also heard a lot of negative things about it, too. The same like with Revolut. Or what are your perfect combinations with Revolut. Do I need Transferwise if I have Revolut? I am Swiss btw. I am using the 183 days rule in Eastern Europe. 😜 If you would need advice on how to leave the matrix: tell me. I can help. 🤝

    • @BusinessDisruptors
      @BusinessDisruptors  5 років тому +1

      @@therevolution91 You can't deposit cash. It works just like a regular bank account. I don't know other providers but Revolut is in Bulgaria as well, but not in Ukraine. So I'm not sure it will work there. Also, you don't need Transferwise if you have Revolut, at least I don't see a usage for it anymore.

    • @therevolution91
      @therevolution91 5 років тому

      Business Disruptors 😜 I know a solution if I would be in Ukraine: simply using a travel SIM. (GB cell phone no.😜
      And also to put cash on it:
      I simply will pay cash to my landlord & ask him to send it back to me via Revolut.
      😝
      Hey:
      And thanks for your quick responses.
      🤝

  • @merkakis212
    @merkakis212 3 роки тому

    Revalut is trash, I have a friend whos account was hacked and Revalut have not helped to get the account back at all just put their hands up and say we are not responsible.
    It has been almost a year and they still have not done nothing to help get the account back.

  • @MsTanmoi
    @MsTanmoi 4 роки тому

    Can you help? can itune card money add to revolut account and how? Thanks!

  • @juanitaboyer192
    @juanitaboyer192 4 роки тому +2

    This was an amazing video very informative. However the best part for me was the Russian parody.. it was hilarious & very accurate.😂😂 thank you for this video.👍🏽

  • @rossco78
    @rossco78 5 років тому

    How the heck do I add my partner to my account so we can both add funds to the same account???
    The ability to contact Revolut is non-existent!!!
    So bloody frustrating!!!

    • @BusinessDisruptors
      @BusinessDisruptors  5 років тому +1

      Go to "Payments" , then click on the + sign in the upper right corner. Then choose Add contact. It works seamlessly and instantly. But I believe accounts are still personal, so your partner should just wire it to you or vice versa

    • @jodieturner690
      @jodieturner690 4 роки тому

      I asked a customer care if I could add my son’s card and he was like no I shouldn’t do that ...but I’ll try coz I don’t care if they block my account .

  • @convitcrazy
    @convitcrazy 3 роки тому

    and now 2021 revolut get a bank license =))

  • @ru4031
    @ru4031 5 років тому +1

    I toke 500 euro out the ATM in my own country and payd 6 euro extra!! That's more than a normal credit visa card. Its not free like lots of video's says, after i try again by another ATM bank and payd 2 euro for 100 euro!!

    • @BusinessDisruptors
      @BusinessDisruptors  5 років тому +1

      The fees are written clearly. Depending on the card you get, there is a certain amount that you can withdraw for free

    • @ru4031
      @ru4031 5 років тому +1

      @@BusinessDisruptors I just read it. It's max. 200 euro a month without fee. Thankyou!

    • @BusinessDisruptors
      @BusinessDisruptors  5 років тому +1

      @@ru4031 yep that's correct, with the free card

    • @ru4031
      @ru4031 5 років тому

      @@BusinessDisruptors Yes.. and its still cheap if i compare with others visa cards

  • @sfaithworth4121
    @sfaithworth4121 5 років тому

    Must be an old video coz information is outdated

  • @DronesAreReady
    @DronesAreReady 4 роки тому +1

    Jesus dude, 3 long ads, in the first 6 minutes!

    • @cdv1qa
      @cdv1qa 4 роки тому +1

      My ad blocker blocks UA-cam ads too ( I use Adblock and Adblock Pro)

  • @pulakbiswas1878
    @pulakbiswas1878 5 років тому

    how to I will do use revolute accunt?? I don't have because I can't open this from my cuntry why?

    • @billyingledue9454
      @billyingledue9454 5 років тому

      Its still pretty new bank, they barely released in USA

    • @surendrashekhawat4155
      @surendrashekhawat4155 4 роки тому

      All Live Sports ASIA ; I think India 🇮🇳 and USA can now order revolut

  • @Max-122
    @Max-122 3 роки тому +1

    is there some news for transferring money in different currency from Paypal to Revolut now that Revolut IBAN is on Lithuania?

    • @DataLog
      @DataLog 3 роки тому

      Haha Binance Visa is also from lithuania

  • @amzz26
    @amzz26 4 роки тому +3

    *I thought you are the "Crazy Russian Hacker"'s little brother....from your accent*

  • @abramaaden3841
    @abramaaden3841 4 роки тому

    Can this card be paid on facebook?

    • @anniaroyan8147
      @anniaroyan8147 4 роки тому +1

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  • @mrpaulgrimm6129
    @mrpaulgrimm6129 5 років тому

    I need a platform to receive money and transfer it into my bank account. Will this work for me?

    • @FearlessDreams
      @FearlessDreams 4 роки тому

      Yes, it will. The transfers are also free from Revolut side. Maybe your bank will charge you something, if you are not from the UK. You have to check with them. I use it all the time and even from PayPal I transfer money to Revolut for free.

    • @heikg
      @heikg 4 роки тому

      Please don't use Revolut as a salary account. They need to keep anti money laundering practices for regulators and if you receive your money there there is a high risk of them locking up your account and asking to see documents where these monthly big sums are coming from and if they have been taxed (so to check that you are not doing a tax evasion scheme)

  • @SophiaKwong
    @SophiaKwong 4 роки тому

    Revolut as in revolution huh

  • @ebrahimkara210
    @ebrahimkara210 4 роки тому

    There customer service is appalling

  • @AlexisNassar
    @AlexisNassar 3 роки тому

    Good info thanks

  • @heyitspratham
    @heyitspratham 5 років тому +4

    Why u took so much time in uploading this video

    • @BusinessDisruptors
      @BusinessDisruptors  5 років тому +2

      Too much content to produce for my courses! Not enough time, trying my best ;)

  • @TheTuberQ
    @TheTuberQ 5 років тому

    Can one Jam Jar Budget on this app?

    • @FearlessDreams
      @FearlessDreams 4 роки тому

      You could. The stats show where are you spending and you can analyze it live. Also you can save change in a separate place.

  • @bishopoftroy
    @bishopoftroy 4 роки тому

    To manage the gross of the company :)))

  • @ruxandavasilov9610
    @ruxandavasilov9610 4 роки тому

    Great video, thanks!

  • @tomford7382
    @tomford7382 4 роки тому

    Great video 👍

  • @quaksha
    @quaksha 5 років тому +1

    I keep getting random russian-english sites openup for no reason on my phone after leaving my information on this app. And even had a few random phone calls , from us drug enforcement addministration, which after calling back the number warned me about a scam . Keep getting my chrom randomly opening different unknown websites..and some as i said in Russian/ English. .what a joke

  • @danutavram831
    @danutavram831 3 роки тому +1

    Nothing is free !!

  • @qualifierone8899
    @qualifierone8899 3 роки тому

    Are you still excited about it? Has anything changed?

  • @aliyazane9623
    @aliyazane9623 4 роки тому

    can you withdraw your money to your traditional bank
    THANKS

    • @heppimeg8815
      @heppimeg8815 4 роки тому

      ALI YAZANE Yes. It’s just like a transfer.

  • @MrDjugashvili
    @MrDjugashvili 5 років тому +1

    Русский?

    • @BusinessDisruptors
      @BusinessDisruptors  5 років тому

      No

    • @benjaminr6153
      @benjaminr6153 4 роки тому

      Business Disruptors I lived in France, but you don’t really have a French accent. Are you originally from a Slavic country?

  • @dogdudezofficial7824
    @dogdudezofficial7824 5 років тому +2

    funny guy

  • @leonrai2899
    @leonrai2899 4 роки тому

    Bla bla bla? Okay..

  • @danutavram831
    @danutavram831 3 роки тому +1

    Big lie

    • @o5car975
      @o5car975 3 роки тому

      How? What do yoy recommend?

  • @menthe885
    @menthe885 4 роки тому

    They are at a swiss tv show you freeze accounts!!! Scammers!

  • @bingomaster670
    @bingomaster670 4 роки тому

    Scammer

  • @Gamingchannel-xf4ml
    @Gamingchannel-xf4ml 5 років тому +1

    scammers