I know this is something that has come up many times before, but I’m thought I’d share my experience/ideas here.
I started using Revolut 1 month ago and after verifying my account my annual top-up limit was set to 5k€. Yesterday, I finally convinced my partner to open an account too but he got 30k€ of annual top-up limit. Is this some kind of bug @AndreasK or am I missing something?
Besides this difference, isn’t 5k€ a very low annual limit? Free users are allowed to spend up to 6k€ per month but what is the point of that if some of us have a lower annual limit?
I know this can be raised if we supply banking information, but in all honesty, I’m not really willing to do so unless I have a very good reason for it.
Something else I find annoying is that splitting bills also counts against my top-up limit, which I’m obviously trying to be cautious about, in case I’m short of it towards the end of next year.
As of now, it seems like Revolut considers all incoming money as a top-up, even if it comes from a split bill which essentially makes me top-up the same money twice if that makes sense. For instance:
- I top up 30€.
- I pay 20€, I now have 10€ in my account, and I split the bill with my partner, he needs to send me 10€.
- I end with 20€ in my account but Revolut considers I’ve topped-up 40€ instead of 30€.
Please do let me know if I’m wrong or if there’s something I’m missing, will be looking forward to your replies!