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Are there any fees or charges associated with using the Revolut travel money card for cryptocurrency transactions?

avatarDiego Andrés Lastra RomeroDec 16, 2021 · 3 years ago3 answers

Can you tell me if there are any fees or charges that I need to be aware of when using the Revolut travel money card for cryptocurrency transactions?

Are there any fees or charges associated with using the Revolut travel money card for cryptocurrency transactions?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with using the Revolut travel money card for cryptocurrency transactions. When you buy or sell cryptocurrencies using the card, Revolut charges a markup on the exchange rate. This markup can vary depending on the type of cryptocurrency and the current market conditions. Additionally, there may be fees for certain types of transactions, such as withdrawing cash from ATMs or transferring funds to external wallets. It's important to review the fee schedule provided by Revolut to understand the specific charges that may apply to your cryptocurrency transactions.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When using the Revolut travel money card for cryptocurrency transactions, you should be aware that there are fees and charges involved. Revolut applies a markup on the exchange rate for buying or selling cryptocurrencies. The exact amount of the markup can vary depending on the specific cryptocurrency and market conditions. In addition to the exchange rate markup, there may be fees for certain transactions, such as ATM withdrawals or transferring funds to external wallets. It's always a good idea to review the fee schedule provided by Revolut to understand the costs associated with your cryptocurrency transactions.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees and charges associated with using the Revolut travel money card for cryptocurrency transactions. Revolut applies a markup on the exchange rate when buying or selling cryptocurrencies. The exact amount of the markup can vary depending on the specific cryptocurrency and market conditions. In addition to the exchange rate markup, there may be fees for certain transactions, such as ATM withdrawals or transferring funds to external wallets. It's important to review the fee schedule provided by Revolut to understand the costs involved in using the travel money card for cryptocurrency transactions. Please note that fees and charges may also apply to other cryptocurrency exchanges, so it's always a good idea to compare the costs across different platforms before making a decision.