I’ve received email about Revolut Visa cards. Is it a phishing email or is it legit? Has anyone else received it?
I haven’t received any. Can you post screenshot and the sender here?
Think it is a scam.
Otherwise Revolut would come with a revolution to offer Mastercards and Visa’s
Could be real. Visa bought some stakes in Revolut and there was a german website reporting that Revolut is working on a visa card. But Revolut hasnt confirmed anything yet.
Revolut was mentioned in payment industry blogs as a new issuer of Visa cards, like @Chuuie said. It is not unusual that banks offer a choice here.
But more interesting: @ales, would you mind sharing some details about the Visa card? I’m sure a lot of community members would be interested in it.
To be honest, Visa would be a great thing to add.
But I think that American Express as Debit card would be much better to combine with Mastercard. And as this would be a unique thing Revolut will see many new customers
Even it it hard to get an agreement with Amex
A Revolut and Visa collaboration is “planned” as you can see in this post:
Hello, it’s real! We will be actually be providing our customers with cards issued by both MasterCard and Visa. Before we launch our Visa cards to our wider customer base, we wanted to ask some of our loyal customers to help us test them out.
In return you get a free contactless Revolut card and a change to help us make spending with Revolut even better.
Is it not possible ti apply for this test?
I would be happy to join this as well
Will it be with V Pay supprt Andreas?
This is something what could be very useful in the Netherlands as we can use it in all stores (some stores only accept maestro and vpay this is the common card here used)
If you’re interested to participate - please feel free to drop me a direct message
@yout - Is there such a thing as an American Express debit card? What would be the advantage of such a card? Its acceptance would be lower than Visa and MasterCard without the benefit of interest-free credit and more significant rewards.
Kind of. American Express in the US has prepaid cards.
If Revolut could get an agreement with Amex for the Prepaid cards, maybe the card could come with the reward system like Amex offer. Would be great addition and the insurances on Amex cards are very good
Does AMEX allow third-parties to use its payments network/rewards programme?
I was always under the impression that they only do first-party cards.
A private bank in the Netherlands issue own Amex cards(with the rewards program) but how that works I have no idea.
Thats why I am also wondering if it is possible and it would be a good addition.
True, that’s interesting, but at the same time AMEX is quite expensive for both the merchant (in terms of interchange fees.) and the issuer (Less margin/fee per transaction.). This is why a lot of fintech banks choose to go with Mastercard.
Yes but that’s private banking.
It would be a good idea if Revolut could figure this option out and maybe they can give some feedback whether it is possible or not.
Adding the Visa card is a great thing, as many banks (and fintechs) offer only Mastercard or Visa not both
Visa is great, agreed. It’ll be especially good for the American expansion, since Visa’s pretty big in the US.
Yes, there are several bank-branded American Express cards. Usually the more expensive types like a “gold” card with insurances. Amex’s Membership Rewars programme can be part of such cards.
Also, American Express owns a couple of international rewards programmes like Payback in Germany or even Lufthansa owned reward Programme, Miles and More, Europe’s biggest frequent traveler programme or Deutsche Bahn’s “Bahn Bonus” is run by an Amex business division.
I am sure a Revolut Amex would appeal to some because of its still strangely strong feel of exclusiveness. It is just that Amex is too costly in my experience and acceptance is not good at all. Amex’s business model is kind of the opposite of Revolut, I would say.