Fingers crossed it wont’ be too long. Can’t wait to get await from the hungarian bank fees
FYI there already has been a discussion thread about HUF bank account top-up that’s half a year older than this thread:
(Not like there’s any more info there than here though)
There is a temporary solution for topping up HUF on weekdays with better conversion rate than your bank. For this you have to get a Curve card, a hungarian bank card & Revolut. In Curve app you have to set your hungarian card to be charged with HUF then set your Curve card into Revolut. In Revolut you have to top up with EUR/GBP thru Curve. Curve exchange EUR/GBP at near mid rate to HUF and charges your hungarian card with HUF. In Revolut you can convert back EUR/GBP to HUF at almost the same rate like Curve did. Using this method you can spare some forints.
Have you tried Transferwise Borderless?
Bank transfer to TW and then top up with the TW Mastercard.
As far as I can see it should work without conversions. Or is there another special reason?
its 310 huf. From TC in a November email:
A little while ago we let you know that we’d be adding a Ft310 fee to send money from your borderless account to another bank account. This is happening on 2nd December. Since it’s never nice to add a fee, we want to explain what it’s for.
Using TW you should be able to use the card to top up without fees (like people from Switzerland used it) and don’t have to use a bank transfer.
I just saw https://community.revolut.com/t/top-up-huf-by-credit-card/57656. So topping up by card is not available?
Top-up using TW is NOT free. 2 weeks ago I had a fee of 400 HUF for top-up of 100.000 HUF. Check your TW transaction details for the exact fee.
There is a bit confusion:
You can’t top-up with card without conversion. If you want to use the TW borderless card to top-up Revolut, then you must convert your transferred HUF to EUR, then top-up the Revolut account.
In my experience the local bank -> transfer to TW -> convert to EUR -> top-up Revolut with TW card ->convert back to HUF was the best option. But now the Silco mentioned Curve is the best, it is almost as if Revolut would support HUF top-up.
Top-up with tw is available without conversion fees. There is a 310 huf transaction fee though when sending money from tw to revolut. Its not much but it is bad if you do small revolut topups often with tw, and maybe its even worse than the conversion fee you might get from your bank. (As that is % based)
I was mainly talking about eur > eur through tw. Huf from your bank to tw then converting it on tw (with a small fee) to eur then sending that euro to revolut (which will cost 310 huf)
Its a LOT worse than having revolut huf card payment topup. (Eur topup is not good as your bank will convert it to eur then send it to revolut)
Could you share the link or name the bank that offers this card please? I am wondering how could I get one and what does it cost?
I don’t know if I can advertise here concurrent fintech company so I’ll send you the details in private message.
Curve - https://www.curve.app/
already ordered my blue card as well, sounds interesting. Could be the next method to top-up our Revolut cards really cheap with HUF debit / bank cards.
Even though I love Revolut I had to change to Transferwise since I cannot rid of the hidden fees without the HUF topup. It was a nice ride, thanks for all the fish!
It is very important
It has been a long wait and there was a lot of trust for this feature. There were multiple promises from Revolut mentioning end of 2018 still nothing happened. I am starting to lose hope and started to look for alternatives. I have friends who already stopped using it. Revolut should give us at least a fixed date otherwise will lose us quite soon.
What alternatives did you find?
(He i know that adwertise other soulitions is not a right thing but after rev say nothing for us hun useres for months, really do not care)
What a great idea! I would like to use HUF top up by card!
I asked Revolut support and indeed, you can transfer money from your HU card to your revolut but the exchange rate is the one of your card issuer (HU bank)…Very bad exchange rate but still no extra fee.
HUF top-up it’s still waited for more than 1 year… Asked Customer Support about an approx date but still the same “political” answer “Our team is working…bla bla”…
It’s very important for the HU users!
try it via TransferWise. You top up your transferwise card with your hungarian debit / bank card or simply do a HUF wire transfer in HUF of course and do the currency exchange on transferwise to eur or topup your revolut from the transferwise card and it does the exchange for you. It is not free, has a minimal fee, but much cheaper than your bank would exchange your money to any other currency.
This is the least expensive way of topping up your revolut that I am aware of.
Anyone knows a cheaper solution, pls let us know!