The model works fine for me. If it aint broke etc…
Maybe it just requires a little planning on the part of people (in a “I want it now” lifestyle) but for those who can’t wait or have not done so sufficiently, it’s only a small fee to pay for the convenience after the markets have closed for the weekend imo.
I agree. 100%. But the fact that I pay for metal and still don’t have saving vaults, rewards, open banking and many other features compared to UK or other EU countries is beginning to “frustrate” me.
Don’t get me wrong, I love the product. I use as my main to go account/bank. The lack of features make me look elsewhere, where I could think it would make sense for to “level the field” for the counties that have a fraction of the services and features.
Maybe Ultra will introduce something on those lines.
Ps. I know the lack of feature and services sometimes takes time due to the multiple authorities involved but still.
Fingers crossed those things come soon for you, and on the flip side I hope our banking licence is approved soon enough
The markup doesn’t really bother me, it’s a minor amount, not sure if it’s a significant impact compared to other rates without the markup as Revolut tends to beat them in hener so kinda brings them on par with a 0.1% or whatever it is.
Revolut Ltd (No. 08804411) is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Firm Reference 900562)..
Registered address: 7 Westferry Circus, Canary Wharf, London, England, E14 4HD.
Insurance related-products are provided by Revolut Travel Ltd which is authorised by the Financial Conduct Authority to undertake insurance distribution activities (FCA No: 780586) and by Revolut Ltd, an Appointed Representative of Revolut Travel Ltd in relation to insurance distribution activities. Revolut Ltd is an Appointed Representative of Lending Works Ltd for the activity of “operating an electronic system for lending”. Trading and investment services are provided by Revolut Trading Ltd (No. 832790). Revolut Trading Ltd is an appointed representative of Sapia Partners LLP (No 550103) which is authorised and regulated by the Financial Conduct Authority. Revolut Trading Ltd is a wholly owned subsidiary of Revolut Ltd.