Premium card limits?


#1

I have read the FAQ and it says there are daily/annual top up/spending/transfer limits but it does not say if this applies to standard cards only or premium as well?

From FAQ:
"Using Revolut to send, spend, withdraw and exchange in a foreign currency is free for the first £5,000 / €6,000 / $6,000 / Fr6,000 / 20,000zl per calendar month. A 0.5% fee will apply to any further cross-currency transactions performed during the same calendar month.

ATM usage is free for up to £200 (€200/ $200/ Fr 200/ 800zl) per month, after which there will be a 2% fee applied to further ATM withdrawals until the end of the month. For example, if you withdrew £250 in one month, this would only cost you £1.

Card spending is limited to £30,000 or equivalent per year with a sublimit of £5,000 or equivalent per 96 hours meaning that you cannot exceed £5,000 or equivalent in card spending in a 96 hour period. Cash withdrawals from ATMs are limited to £500 or equivalent per day."


#2

Hello @arvis00,

This applies only to Standard accounts:

"Using Revolut to send, spend, withdraw and exchange in a foreign currency is free for the first £5,000 / €6,000 / $6,000 / Fr6,000 / 20,000zl per calendar month. A 0.5% fee will apply to any further cross-currency transactions performed during the same calendar month.

ATM usage is free for up to £200 (€200/ $200/ Fr 200/ 800zl) per month, after which there will be a 2% fee applied to further ATM withdrawals until the end of the month. For example, if you withdrew £250 in one month, this would only cost you £1."

The Revolut Premium membership gives Revolut users access to all of the benefits the basic Revolut app and MasterCard©, plus:

Unlimited FX volumes (spend, transfer and exchange an unlimited amount of money anywhere in the world at the interbank exchange rate without fees)
Free Premium cards (with 3 unique custom designs)
Free Global express delivery
Free spare cards
Overseas medical insurance
Double the ATM limit vs Revolut Basic (£400/€400/$400 per month)
Exclusive 24/7 customer support

And this part applies to both Premium and Standard:

“Card spending is limited to £30,000 or equivalent per year with a sublimit of £5,000 or equivalent per 96 hours meaning that you cannot exceed £5,000 or equivalent in card spending in a 96 hour period. Cash withdrawals from ATMs are limited to £500 or equivalent per day.”

Please don’t hesitate to contact us if you have any further questions.

Have a great day.

Regards,

Andreas K :slight_smile:


#3

So for the premium card there are none of these or any other limits, is that correct?


#4

Hi Andreas
What is the maximum amount the premium card can be topped up with every month. Is there a limit or not. Please advise. Many thanks


#5

There are many things involved. It depends on the method one tops up, for example.

  • personal daily top up limit per card that is used for top ups (not per Revolt card)
  • limits for incoming GBP transfers
  • no limits for SEPA EUR transfer
  • and the infamous personal yearly limit for top ups (this concerns all incoming funds)

You can find all the details in the FAQs.


#6

Hi Frank
I have just upgraded to premium and can’t seem to upgrade my limit as I
can’t see the tab that allows you to send in the necessary proof of ID. I
was on live chat and the support person asked me to upload the proof of ID
etc documents which I did and then was forwarded to the department that
authorises the limit increase but I have been waiting for 4 hours to be
spoken to by a team member.
My inquiry is that I will or want to use the premium account to receive my
salary in euros. Currently I get around 7000 to 8000 euros a month. Can I
use this account for incoming salary?

Please let me know

Kind regards

Mr Raj Ghattaoraya
WINDOWS SERVER AZURE-AWS CLOUD AND APPLICATION SOFTWARE SOLUTION
IT CONSULTANT


#7

Hi there. Apologies for the delay. As I can see you’ve managed to increase your annual top up limits.


#8

Hi Andreas,

Unfortunatelly for me is still a little bit unclear how the £30000 limit is applied for premium accounts… If I only use bank transfer (wire) to recieve X currency, then exchange to Y currency and send the new Y currency amount to an international account via bank transfer, will still count on the £30000 limit? I haven’t used the card for any transaction…

Thanks!


#9

The limit is account based. It makes no difference if premium or basic. It’s also a top up limit. Only but all incoming transfers count, across all currencies and all methods. Exchanging does not affect the limit.