New user ... have I got this right? UK - USA

Hi there.
I’m a relatively new user to Revolut. I’ve got my card and have successfully used it in the UK with my UK British Pound account.

I’m off to the USA in a few weeks and having read the FAQ’s, would like clarification to check I’ve Got this right.

So … firstly I top my card up using my UK bank account. This will then show on my Revolut balance as British Pound.

Whilst in the USA, I use my Revolut card and get the exchange rate stated? (Although I believe I can exchange to US $ earlier if the rate is good??).

Do I pay any fees for this?

I know to use in local currency (US $) but wondered if there are any fees just to use the card, or is it just a simple ‘use at this exchange rate’ calculation?

In the highly unlikely event that I would use my card to withdraw cash from an ATM, am I right in thinking I need to use ‘checking’ or ‘saving’ account and also decline any conversion?

I appreciate I may be staying things that everyone knows, but as a new user I just want to clarify!

Thanks in advance!




Always cancel DCC offer (always choose local currency)

Could be useful to read this blog article too :slight_smile:

Just bear in mind:

Most ATM in the US will charge a transaction fee, which if I remember correctly is around $1.00 - 3.00 per withdrawal. Select to withdraw in , not convert to £

If you use the card at the weekend, there is a 0.5% exchange charge. So it might be best to convert to during the week when it is 0% if you are using card at weekend. You can easily change unused back to £.

And be aware that in restaurants, when you add a tip to the receipt this will then often be processed as a second transaction, so it will appear the funds are deducted twice from your account. One of the transactions will then revert back, normally in a day or two and the funds will be available again.

Hope this helps - I’ve had no issues with using Revolut in the US :slightly_smiling_face:

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p.s. Coming from country where tipping is not common, this mandatory tipping culture seems weird to me.

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regarding fees:

there is a limit of fee-free exchange volume for free users and there is a markup on the weekend (sections “Exchange Rates” and “The Standard Exchange Rates”, for ATM withdrawal: “Revolut Transaction Charges”)

on top something good to know is:

Wonderful help folks - thank you all so much for your help.

Just one follow up question … What are the hours of the FX Exchange? Is it on US or UK hours?

Thanks again.

“Forex Trading is available 24 hours a day from 5:00pm ET Sunday through 5:00pm ET on Friday,” (

conveniently it states the times already in eastern time (GMT -4 hours)

Background information:
As one major forex market closes, another one opens. According to GMT, for instance, forex trading hours move around the world like this: available in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. This enables traders and brokers worldwide, together with the participation of the central banks from all continents, to trade online 24 hours a day. (

Just a small information here : Forex is open 24h24 and 7d/7 but it’s closed during the week end for Retail traders ( like you and me, :r:…)

So it means that Forex is open during the week end for big players and institutionalized organisation and FX rates can fluctuate over Saturday and Sunday.