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How does Revolut charge fees for ATM withdrawals with digital currencies?

avatarIlyaMaKeRDec 16, 2021 · 3 years ago3 answers

Can you explain how Revolut charges fees for ATM withdrawals with digital currencies? I'm curious about how they handle the fees and if there are any differences compared to traditional currency withdrawals.

How does Revolut charge fees for ATM withdrawals with digital currencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Revolut charges fees for ATM withdrawals with digital currencies based on the type of account you have. For standard accounts, there is a 2% fee for withdrawals over a certain limit. However, for premium accounts, there is no fee for ATM withdrawals up to a certain amount per month. It's important to check the specific terms and conditions of your account to understand the exact fees and limits that apply.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to fees for ATM withdrawals with digital currencies, Revolut takes a slightly different approach. They charge a 2% fee for withdrawals over a certain limit, regardless of the type of account you have. This fee is applied to the converted amount in your digital currency. So, if you withdraw $100 worth of Bitcoin, you'll be charged $2 as a fee. It's worth noting that the fee structure may vary depending on the specific digital currency you're using, so it's always a good idea to check the latest information on Revolut's website or app.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field, I can tell you that Revolut's approach to charging fees for ATM withdrawals with digital currencies is quite straightforward. They apply a 2% fee for withdrawals over a certain limit, which is deducted from the amount you withdraw in your chosen digital currency. This fee helps cover the costs associated with processing the transaction and providing the convenience of accessing your digital currencies through ATMs. It's important to keep in mind that fees and limits may vary depending on your account type and the specific digital currency you're using, so it's always a good idea to review the terms and conditions or contact Revolut's customer support for more information.