EU Payment Services Directive


#1

Hi All,

I’m sorry if this has been covered, does anyone know what Revolut will be doing with the incoming changes in charging for Credit Cards - currently a 1% fee.

I would expect them to stop accepting if they have to pay an extra 0.5% compared to debit cards therefore potentially making a loss on credit card topups.

Obviously we don’t want them to be classed as cash advances as the costs can be high and affect peoples credit ratings.

Cheers

Steve


#2

Revolut adds fees to Credit and commercial card top-ups, as well as cards issued outside of the EEA


#3

There is no fee for consumer credit and debit cards issued within the EU.


#4

Not now. But it used to be 1% for credit cards as well as business cards.


#6

That’s nice. But there are still fees for cards outside of the EEA. For one of my cards it’s 1.8%. Kind of steep.