Is Revolut Good for Travelling

Introduction

Revolut is a digital banking app that offers a variety of financial services, including currency exchange, ATM withdrawals, and travel insurance. It has become a popular choice for travellers due to its competitive exchange rates, no ATM fees, and travel insurance. in this blog, we will discuss, whether Is Revolut bank good for travelling. I believe this blog will clear your thought properly

Why Revolut is a Popular Choice for Travelers

There are a few reasons why Revolut is a popular choice for travellers.

First, Revolut offers competitive exchange rates. When you exchange currencies with Revolut, you get the interbank exchange rate, which is the same rate that banks use to exchange currencies with each other. This means that you're likely to get a better exchange rate with Revolut than you would with a traditional bank or currency exchange bureau.

Second, Revolut doesn't charge any ATM fees. This is a major advantage, especially if you're traveling to a country where ATM fees are high. For example, ATM fees in the United States can be as high as $5 per withdrawal. With Revolut, you can withdraw cash from ATMs in over 150 countries without paying any ATM fees.

Third, Revolut offers travel insurance. This insurance can cover you for things like medical expenses, lost luggage, and trip cancellation. The travel insurance that Revolut offers is not as comprehensive as some other travel insurance policies, but it's a good option if you're looking for basic coverage.

Benefits of using Revolut for Traveling such as:

Competitive exchange rates Revolut uses the interbank exchange rate when you exchange currencies. This is the same rate that banks use to exchange currencies with each other, and it's the most competitive rate available. This means that you're likely to get a better exchange rate with Revolut than you would with a traditional bank or currency exchange bureau.

For example, if you're traveling to Europe and you need to exchange your US dollars for euros, you'll get a better exchange rate with Revolut than you would with your bank. The difference in exchange rates can be significant, so it's worth using Revolut if you're looking to save money.

No ATM fees

Revolut allows you to withdraw cash from ATMs in over 150 countries without paying any ATM fees. This can save you a lot of money, especially if you're traveling to a country where ATM fees are high. For example, in some countries, ATM fees can be as high as 5% of the amount you withdraw. With Revolut, you can avoid these fees and save money.

Travel Insurance

Revolut offers travel insurance to its premium and metal plan holders. This insurance can cover you for things like medical expenses, lost luggage, and trip cancellation. This can be a valuable benefit, especially if you're traveling to a country where medical care is expensive.

Concierge services

Revolut offers concierge services to its premium and metal plan holders. This means that you can get help with things like booking flights and hotels, finding restaurants, and getting tourist information. This can be a helpful service if you're not familiar with the country you're visiting.

Drawbacks of Using Revolut for Traveling

In addition to the drawbacks mentioned in the blog post, there are a few other things to keep in mind when using Revolut for traveling.

Limited availability in some countries: Revolut is not available in all countries. If you're traveling to a country where Revolut is not available, you won't be able to use the card. You can check Revolut's website to see a list of countries where the card is available.

Customer support can be slow: Revolut's customer support is not always the fastest. If you have a problem with your account, it may take some time to get it resolved. You can contact Revolut's customer support through the Revolut app, email, or live chat.

Monthly limits: Revolut has monthly limits on how much you can spend and withdraw in foreign currencies. These limits vary depending on your Revolut plan. You can check your monthly limits in the Revolut app.

Comparison to Other Travel Cards

There are a number of other travel cards available, such as Wise and Monzo. These cards offer similar benefits to Revolut, such as competitive exchange rates and no ATM fees. However, there are also some differences between the cards.

Wise: Wise offers a wider range of currencies than Revolut, and it also offers a better exchange rate for some currencies. However, Wise does not offer travel insurance.

Monzo: Monzo offers a more comprehensive travel insurance package than Revolut, and it also offers a few other features that Revolut does not, such as the ability to create pots for different spending categories. However, Monzo does not offer as many currencies as Revolut.

Conclusion

Overall, Revolut is a good travel card. It offers competitive exchange rates, no ATM fees, and travel insurance. However, it's important to be aware of the limitations of the card, such as its limited availability in some countries and its slow customer support.

If you're looking for a travel card that offers competitive exchange rates, no ATM fees, and travel insurance, then Revolut is a good option. However, it's important to compare Revolut to other travel cards before you decide which one is right for you.

The pros and cons of Revolut and two other popular travel cards: Revolut, Wise, and Monzo: Which Travel Card is Right for You?

When you're traveling abroad, it's important to have a travel card that offers competitive exchange rates, no ATM fees, and travel insurance. Here is a comparison of three popular travel cards: Revolut, Wise, and Monzo.

Revolut

Pros: Competitive exchange rates, no ATM fees, travel insurance (premium and metal plans), wider range of currencies, other features (such as stock trading and cryptocurrency), monthly limits.

Cons: Customer support can be slow.

Wise

Pros: Competitive exchange rates, no ATM fees, travel insurance (standard plan), wider range of currencies, more comprehensive travel insurance.

Cons: Other features are limited.

Monzo

Pros: Competitive exchange rates, no ATM fees, travel insurance (standard plan), monthly limits.

Cons: Wider range of currencies is not available, travel insurance is not as comprehensive.

Which Card is Right for You?

The best travel card for you will depend on your individual needs and preferences. If you're looking for a card with a wide range of features, Revolut is a good option. If you're looking for a card with comprehensive travel insurance, Wise is a good option. And if you're looking for a card with a fast customer support team, Monzo is a good option.

Ultimately, the best way to decide which card is right for you is to compare the features of each card and choose the one that best meets your needs.

Related Post, Revolut Referral Bonus: £10 to £200 in 2023

FAQs

Is it better to use Revolut abroad?

It depends on your needs. Revolut offers a number of benefits for travelers, such as competitive exchange rates, no ATM fees, and travel insurance. However, it's important to be aware of the limitations of the card, such as its limited availability in some countries and its slow customer support.

Should I use Monzo or Revolut abroad?

Monzo and Revolut are both good travel cards, but they have different strengths and weaknesses. Monzo offers a more comprehensive travel insurance package than Revolut, and it also offers a few other features that Revolut does not, such as the ability to create pots for different spending categories. However, Monzo does not offer as many currencies as Revolut.

Which countries do not accept Revolut card?

Revolut is not accepted in all countries. You can check Revolut's website to see a list of countries where the card is not accepted.

Can Revolut be used as a travel card?

Yes, Revolut can be used as a travel card. It offers a number of benefits for travelers, such as competitive exchange rates, no ATM fees, and travel insurance.

Can I use Revolut abroad without a card

Yes, you can use Revolut abroad without a card. You can use the Revolut app to make payments online or in-store. You can also use the app to withdraw cash from ATMs.

Does Revolut automatically change currency

Yes, Revolut automatically changes currency when you make a payment or withdrawal in a foreign currency. The exchange rate used is the mid-market exchange rate, which is the same rate that banks use to exchange currencies with each other.

Read More,

0. Revolut Refer a Friend | Earn £10 to £200, click here

1. Sendwave Promo Code | Sendwave Promo Code 2023: HU0DI Bonus £10,Click here

2. Monzo Referral: How to Get £5 for You and Your Friends,Click here

3. Taptap Send Promo Code: ABU4088 £10/€10 Bonus in 2023,Click here

4. Revolut Referral Bonus: £10 to £200 in 2023,Click here

5. is Freetrade Safe? | Freetrade Review UK 2023,Click here

6. Sendwave Contact,Click here

7. How To Activate Revolut Card | How To Deposit Cash into Revolut Uk | Revolut Sign up Bonus UK,Click here

8. Will AI Replace Leaders?,Click here

9. How To Earn Money With Programming,Click here