Personally, the €200 limit doesn’t bother me. I don’t use cash that much. The problem is with emergencies/traveling in cash only countries. My dad was able to withdraw €2000 without any problem with N26. That’s the only thing I like about that bank. Where I come from cash is still king and Revolut has the worst conditions.
You are aware that the £200 limit is only for free ATM charge. After that a 2% charge applies. There’s no reason you couldn’t withdraw more in case of emergency.
I personally don’t mind the 2% fee. Its far cheaper than my bank and I do not withdraw large amounts of currency from ATMs.
Any change to the business model to allow for bigger free withdrawals would only end up with charges for another part of the service.
I’m with you. My dad chose N26 only for the ATM fees and the DE IBAN. The other thing is why the competitors can offer better fees than Revolut without screwing you with other charges?
There are a few UK fintech alternatives to . Some have better ATM fees some have worse.
Not all UK fintech’s allow to use their services if you are not resident of UK
In what way is Revolut “screwing you with [ATM] charges”?
I was replying to the other comment, meaning in general. I wasn’t referring to Revolut, because there is no reason to say that.
Starling has no fees, might want to take a look if you are in the UK.