Hello, I am considering getting a Revolut account.
I am currently in the US (from Europe), and have two bank accounts in the respective currencies.
If my understanding of the system is correct - would I be able to use Revolut to top it up with Euros, convert them to USD for free (on weekdays) and transfer the USD, still for free, to my American bank account (“free” besides fees charged by the original € bank and the receiving $ bank - the latter should not have fees)
Thus, using Revolut mostly as an intermediary of sorts?
And would I be able to, hypothetically, do the same process in reverse (I have read that some operations are currently NOT free for USD, but I would reasonably presume they will be when Revolut will support the USA soon)
Furthermore, I have read that there is a monthly cap of £5000, and a yearly cap that I could not find. Anyone know about the latter?
And, finally, for direct uses of the card for payments - is the weekend 0.5-1% fee charged on those too?