Revolut Metal offers premium banking with exclusive benefits tailored for travelers and those seeking additional financial features.
In this guide, we’ll break down the fees and application process for personal use, helping you understand what to expect from this premium plan.
What is Revolut Metal?
Revolut Metal is a premium plan with exclusive features like unlimited foreign exchange, cashback, travel insurance, and VIP lounge access.
It also includes a sleek metal card and additional perks such as concierge services and dedicated customer support.
Compared to other plans, Revolut Metal offers the most benefits, making it ideal for those who need advanced features and frequently travel internationally.
Key Benefits
Revolut's premium plan offers benefits to enhance your financial experience. Here are some standout features:
- Unlimited Foreign Exchange: Enjoy fee-free currency exchange at the interbank exchange rate for up to £12,000 per month.
- Cashback: Earn up to 1% cashback on card purchases in specific categories like travel and entertainment.
- Travel Insurance: Comprehensive coverage, including medical, trip delay, and baggage protection while traveling.
- Exclusive Lounge Access: Get access to over 1,000 airport lounges worldwide with the LoungeKey membership.
- Concierge Service: 24/7 personal assistance to help with bookings, event tickets, and travel arrangements.
- Metal Card Design: A sleek and durable metal card that offers a premium feel and added security.
- VIP Support: Priority customer support with faster response times and dedicated service for all queries.
- Higher ATM Withdrawal Limits: Withdraw up to £600 per month from ATMs without fees, with additional withdrawals available at a small extra cost.
Exclusive Features
The premium plan offers several exclusive features that elevate the overall banking experience.
These benefits go beyond what standard plans offer, making it ideal for those who require more advanced services.
- Metal Card: A durable and stylish metal card that provides a premium experience and additional security.
- Concierge Service: 24/7 access to a concierge team to assist with bookings, reservations, and personal requests.
- Exclusive Airport Lounge Access: Enjoy complimentary entry to over 1,000 airport lounges worldwide through LoungeKey.
- Higher Cashback Rates: Receive higher cashback percentages on purchases, especially for travel and entertainment.
- Priority Support: Enjoy VIP customer support with faster response times and dedicated assistance tailored to your needs.
- Global Travel Insurance: Full coverage for medical emergencies, cancellations, delays, and lost luggage during international travel.
- No Foreign Exchange Fees: Benefit from fee-free currency exchange at the interbank rate for up to £12,000 per month.
Fees Associated with Revolut Metal
Understanding the fees tied to Revolut's premium plan is crucial for maximizing its benefits. Here's a breakdown of the key costs to be aware of:
Monthly Subscription Fee:
- €13.99 per month or €139.99 annually.
ATM Withdrawals:
- Free withdrawals up to €1,200 per month at out-of-network ATMs.
- A 2% fee applies to withdrawals exceeding the €1,200 limit.
Currency Exchange:
- No additional fees during foreign exchange market hours (Monday to Friday).
- No fees for exchanges outside market hours (weekends).
Card Replacement Fees:
- The first replacement card is free.
- Subsequent replacements may incur a fee of up to €70.
International Transfers:
- 40% discount on fees for international transfers.
Add Money Fees:
- A fee of up to 1% applies for loading funds via domestic debit cards.
- A fee of up to 3% applies for loading funds via credit card.
These fees are subject to change; therefore, it's advisable to check the Revolut app or official website for the most up-to-date information.
How to Apply for Revolut Metal
Applying for Revolut's premium plan is simple and can be completed entirely through the Revolut app.
Follow these steps to get started:
- Download the Revolut App: Install the Revolut app from the App Store (iOS) or Google Play Store (Android).
- Create or Log In to Your Account: Open the app and sign up for a new account or log in to your existing one.
- Verify Your Identity: Provide the required documents for identity verification, such as a government-issued ID and a selfie, to secure your account.
- Select the Metal Plan: Go to the 'Plans' section in the app and select the Metal plan. Review its benefits and fees.
- Enter Payment Information: Input your payment details to cover the monthly or annual subscription fee.
- Confirm and Activate: Review, confirm your subscription, and activate your Metal plan. Your metal card will arrive shortly.
How to Maximize the Benefits of Revolut Metal
To get the most out of Revolut Metal, use its features wisely. Here are some tips:
- Use the Free Foreign Exchange Limit: Exchange up to €1,200 per month without fees for travel or international purchases.
- Take Advantage of Cashback: Earn up to 1% cashback on travel, entertainment, and dining purchases.
- Leverage Travel Insurance: Use your card for bookings to access travel insurance covering emergencies, cancellations, and lost luggage.
- Utilize Airport Lounge Access: Enjoy free access to over 1,000 airport lounges during your travels.
- Activate Concierge Service: Utilize our 24/7 concierge for travel, event bookings, and personalized assistance.
- Monitor ATM Withdrawal Limits: Stay within the €1,200 monthly ATM withdrawal limit to avoid extra fees.
- Utilize Premium Subscriptions: Take advantage of free or discounted subscriptions, such as Uber One, MasterClass, and NordVPN.
Is Revolut Metal Worth It for Personal Use?
Deciding if Revolut Metal is worth it depends on how you use its features and whether the benefits align with your needs. Here's a breakdown to help you assess:
When It’s Worth It
- Frequent Travelers: Enjoy unlimited currency exchange, higher ATM withdrawal limits, and comprehensive travel insurance.
- Heavy Spenders: Earn up to 1% cashback on card purchases and benefit from purchase protection.
- Investors: Access 10 commission-free stock trades per month and enhanced savings interest rates.
- Tech-Savvy Users: Utilize premium subscriptions like NordVPN, MasterClass, and Uber One, valued at over £2,100 annually.
When It Might Not Be
- Occasional Travelers: If you travel infrequently, the benefits may not justify the monthly fee.
- Light Spenders: Without substantial spending, the cashback and rewards may not offset the cost.
- Budget-Conscious Users: If you're looking to minimize expenses, the additional perks may not be worth the extra cost.
Contact Information
Revolut provides dedicated support for Metal plan users to ensure quick assistance.
- In-App Chat Support: 24/7 support via the app, where you can chat with an agent.
- Priority Assistance: Metal users get priority service for faster support.
- In-App Calls: Communicate with support agents securely through in-app calls.
- Automated Phone Line: For emergencies, call +44 2033 228352 for lost card issues.
The Bottomline
In conclusion, Revolut Metal offers a range of premium features and benefits tailored for frequent travelers and those seeking enhanced financial services.
With competitive fees and global availability, it offers excellent value for those who can fully utilize its offerings.
If you're ready to unlock these benefits, apply for Revolut Metal today and experience next-level banking.
Disclaimer
The information provided in this article is for informational purposes only and may be subject to change.
For the most accurate and up-to-date details, please refer to the official Revolut website or contact customer support directly.
