Jeroenvb

joined 1 year ago
 

How can I properly compare paying abroad with my own bank versus using Revolut for it?

For example, I know that I will spend 1500 euro worth of payments, mainly through physical card payments in stores, in the UK. I am from The Netherlands. My bank account is set in euro's and obviously in the UK it'll be paid in GBP.

Revolut should be a very good way to pay in foreign currencies but I am not able to determine what the difference would be. There is currency exchange rates, currency exchange fees, payment in foreign currency surcharge, perhaps Revolut subscription fees. Is this everything I need to take into account?

Revolut EUR-GBP exchange rate

ING GBP-EUR exchange rate

Revolut fees

ING fees

[–] Jeroenvb@feddit.nl 2 points 1 year ago (1 children)

Do you know how much power it uses?