I’m a new user on Android and added a small sum to my account in the first transaction, so that my VISA card is added to Revolut and so that the initial sum remains below the limit of £250.
After adding my card, I tried topping up further, but when I would input the desired amount in the textbox, it would say that I only have £X amount left. After restarting the application, I can now type in larger amounts into the textbox, but pressing top-up would give me a new popup saying there is a £250 rolling limit per day.
A search shows that you can increase this limit by verifying your identity by going into Profile -> Verification & Limits. When I go here however, there is no option to upload any identity information, it just shows a circular graphic detailing a very large total limit, and showing that I’ve barely affected it.
What am I missing here? Does this mean I’m already verified through my card alone; and if so, is there no way to increase the daily limit?
I am new to Revolut too. So I might be wrong but it seems to me that there is a lower limit for topping up by debit card (£250) probably similar to the limits withdrawing cash from ATMs. You can top up more using a bank transfer up to £25K per year. You can do that by setting up a Revolut sort code and account no. I’ve forgotten how to do that but may @anon33247966 can help you with this.
This limit will probably be dynamically raised, but however you can get in touch with support (More tab -> Support -> Live chat -> type live agent) if you want to request the limits to be raised
Hi there. That’s the daily top up limit. For newly added cards, most of our users will have a top-up limit between £1000-£3000 (or currency equivalent) per 24 hours. Some users may find they have a lower daily limit to begin with, however, your daily top-up limits will increase over time. We suggest:
Try and top-up your desired amount. If the amount is over your top-up allowance, you will receive a pop up message notifying you of the daily limit for that card and how much you can top-up today. If you wish to top-up more than your daily limit, you can use another debit or credit card, alternatively top-up via bank transfer. Unfortunately for security reasons we cannot provide the specific details around how your top-up limits are calculated.
By verifying your account you’re not increasing this limit ^ but you’re increasing your annual top up limit.