Challenger banks
Posted: Wed Apr 24, 2019 7:28 pm
Great for avoiding commission, I've saved thousands already.
I use Revolut https://www.revolut.com/ who give you a free account with card and a €200 ATM cash withdrawal limit per month and unlimited pre-paid card purchases. You can pay an annual fee and get a much higher cash withdrawal limit and super-fast transfers but 8’ve not found this necessary. With the free card international transfers say they take between 1-4 days but I’ve always had them next day or same day so far.
You can convert GBP to Euros and back with no commission at the interbank exchange rate via the app on your phone. It’s really a no-brainer. You can also request money and send money and create virtual cards to use for online purchases if you are worried about security breaches and companies storing your card details.
I use Revolut https://www.revolut.com/ who give you a free account with card and a €200 ATM cash withdrawal limit per month and unlimited pre-paid card purchases. You can pay an annual fee and get a much higher cash withdrawal limit and super-fast transfers but 8’ve not found this necessary. With the free card international transfers say they take between 1-4 days but I’ve always had them next day or same day so far.
You can convert GBP to Euros and back with no commission at the interbank exchange rate via the app on your phone. It’s really a no-brainer. You can also request money and send money and create virtual cards to use for online purchases if you are worried about security breaches and companies storing your card details.