Just got my Revolut card - looks good.
Aplogies if the following are dumb questions, but I have read the FAQs etc but just want to double check my understanding:
- If I topup the card with say £200 sterling - I can withdraw money abroad and the amount after conversion will be deducted from the £200. Any left over, I could withdraw from a UK ATM in Sterling - all without fees.
- Alternatively I can topup £200 now and convert to foreign currency now whilst the rate is good. If I then withdraw money abroad, the amount will be deducted from my FX balance. Any money left over, I could convert back to GBP (at the market rate) and withdraw from UK ATM when I get back home?
The above assumes that I follow the guidelines and Choose either a ‘checking’ or ‘savings’ account and Choose ‘without conversion’ - when I user it abroad.
thanks in advance for the replies.