Revolut is fast becoming one of the most popular choices for banking needs when traveling. The simplicity of the service along with the feature packed app makes it ideal for the budget conscious traveller. The safety features are often way more superior to traditional banks and for this reason, we think every Digital Nomad should be using Revolut in 2019. Take a look below at some of our favourite feature of Revolut!
In the unfortunate event your card is lost or stolen while you are traveling, Revolut allows you to quickly block your card via the Revolut app. You can also change your PIN in seconds directly from your phone. No more expensive calls and long waits with your card issuer!
Traveling between countries can be a pain, especially when the currency is different. Luckily, gone are the days where you would need to search for a bank or ATM upon arrival! With Revolut you can interchange currencies in real time at competitive rates. This means you are ready to spend as soon as you land! You can even make and receive bank transfers in the local currency should you need to pay for things like rent or utilities.
Forget the complicated task of splitting bills after dinner or when at the bar with friends. With Revolut, you can easily enter the total and then request the correct amount from each person in the group. You won’t ever be out of pocket again after dining with fellow travellers!
For CANADIAN RESIDENTS
Wish you were better at saving money? A handy feature of Revolut is the “round up” feature. Basically, every time you make a transaction you can choose how much to round up your spend. The surplus cash is then saved into a separate sub account named after your chosen goal. You will be surprised how fast this can add up and help you on your travels!
Simple pay as you go travel insurance at competitive prices. Simply activate your travel insurance within the Revolut app and start or stop the cover as needed. This handy feature means you are always covered wherever you go, at a touch of a button!
Don’t want to risk credit card fraud when booking online in different countries? With Revolut you can simply generate a virtual card to use online that can only be used once. This eliminates the risk of your details being stolen and gives your piece of mind while travelling.
Within the Revolut app you have access to realtime spending data that shows you where and what you are spending. If you need to stick to a budget, simply configure the spending limits within the app. This is the perfect way to keep on top of your spending every single day!
The days of paying extortionate fees when withdrawing cash from ATMs overseas are gone! With Revolut you benefit from no fees when withdrawing cash, as long as you have a balance in the local currency. Over time, this can save you a LOT of money!