Weekend Mark ups


#1

During the weekend, when the currency markets are closed, Revolut applies a small markup ranging from 0.5 to 2% on top of the interbank exchange rate. This I understand.

Does anybody have a list of all the world currencies and the Revolut weekend mark up would be for each?

(Reason to see whether it would be preferable, while abroad, to take a chance and use a commission free Mastercard Credit Card instead of Revoult at the weekend).


#2

https://openexchangerates.org could be useful


#3

Before we start, just to keep everyone involved aware, the fee is charged on bank holidays as well and during some other, less likely events.


I have never used Revolut card on weekends while abroad. I prefer to stick to FX fee free MasterCard. Considering how close these two rates are on some days, I have grounds to believe that Revolut’s surcharge might make it more expensive than Mastercard on weekends and bank holidays.


#4

But that does not tell me how much Revolut adds to each currency at the weekend. 0.5 - 2.0% is a large spread. Noting that Mastercard adds 0.75% to the spot interbank 24/7.


#5

But remember that “FX fee free MasterCard”, is not fee free. Don’t be fooled. They apply at least a 0.75% loading to the interbank spot rates as used weekdays by Revolut. (Excl THB, RUB, UAH).

If Revolut applies a 2% mark up at weekends then Mastercard is better. But if Revolut applies a 0.5% markup at weekends then don’t use Mastercard. I need a list of the countries and the Revolut weekend mark up for each.


#6

I am well aware of it. It is just better option on weekends than Revolut, in my opinion.

On weekdays Revolut is better than anything else available at the moment.


#7

But at the weekend Revolut varies between 0.5% and 2% markup. Therefore, at the weekend, in some countries Mastercard (0.75% markup) will be better, in others it will not be.


#8

Enough said. We are talking major currencies here, not a rarely used ones. I will stick to MasterCard on weekends for the foreseeable future.