Revolut Updates – August 2020
As I know that many travellers use the Card and account offered by Revolut, I would like to mention the new updates on the terms & conditions for Revolut that they are informing via email to their clients. First of all, they inform that all these changes will take effect on August 12, 2020. Revolut is increasing some of their fees for some services. The main updates that will affect mainly the Basic accounts are : Limiting the amount free of charges for exchange currency to £1,000 each month. Increase of the Mark-up spread fee for Currency conversion during weekends from 0.5% to 1% Ability to reverse via support team some mistaken payments made into Revolut accounts. 50p per payment for making payments/transfers outside of…