From looking into the rates that Revolut offers it’s looking consistently worse than MasterCard for the last month or so, from what I recall.
Is there any particular reason for this? For reference the current rates are below.
Revolut: £1 = 143.65-143.66
MC: £1 = 144.87
It’s fine saying that Revolut provides the best rates - but you should only do this if you can truly provide the best rates.
For example I think Revolut should be using MasterCard for the processing of rates when it works out cheaper for the customer than their FX partner that does all the transactions of currency, if possible. If this isn’t possible it should be made clear that Revolut isn’t providing the best rate.
Perhaps this could be implemented at the very least for illiquid currencies like the Russian Ruble and Thai Baht?
Would you be able to look into this @AndreasK