USD top up fees with UK USD Card


#1

Hey guys,

Hopefully the community will be able to help me understand this matter as Revolut Support have been unable to.

I understand that on USD top ups, there is a 3% charge due to “intermediary bank fees” however, how can these fees be put into context if a USD top up is done on a UK Card (UK BIN)?

There’s a real issue with transparency here and while I accept that fees may apply, I’d like to understand why it’s the same for UK USD top ups as it is for foreign ones.


#2

Hi,
All merchant has to pay some kind of commission for accepting card. Probably :r: has to pay high commission for USD card transactions, it does not matter where card is issued.


#3

Hey @clickyclick,

check the FAQs, I think it is very transparent that USD cards have this fee.

Topping up in GBP, EUR, PLN, DKK, SEK, NOK, RON and CHF with a debit card is completely free.

Supporting credit cards and top-ups in USD is expensive for us. We’re working to bring these costs down, but until then we have to charge:

  • 1% per top-up with a credit card
  • 3% per USD top-up with a debit card
  • 4% (1% plus 3%) per USD top-up with a credit card.
    In these cases, it might be cheaper for you to top up via bank transfer.

USD cards might be in general excluded from the EU interchange fee regulation. I am not sure. It seems like the 3rd party payment processor fees are higher for Revolut with all USD cards.