Hi, recent months I see many ads for Revolut card, that say save money, and has many advatages. Im interested is this a good option to recieve affiliate commission. Revolut use a UK bank account for their debit cards.
Thanks
Hi, recent months I see many ads for Revolut card, that say save money, and has many advatages. Im interested is this a good option to recieve affiliate commission. Revolut use a UK bank account for their debit cards.
Thanks
I like Revolut very much for daily services and payments, so I would not risk my account with direct affiliate payments. They save me a lot of money really and I like the app. But their security is not tight...
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They are absolutely great for any FX exchanges. I use it both as a credit card in forgeign countries/currencies and to exchange affiliate payments (my USD bank account -> Revolut -> my local currency bank account).
When using it as a prepaid credit card in foreign countries, I save about 3-4% on hidden FX exchange fees compared to my local (free) credit card.
When using it to exchange affiliate payments, I save about 1-1.5% on FX fees. It's a pity that instead of doing the exchange directly through my bank, I have to go through Revolut, but it saves me some money.
Just be aware that they will check your account once you hit a certain limit, and then your account might be blocked for a couple of days (happened to me). I never used it for direct affiliate payments. But that's not 100% save if they don't want anything gambling related because they will ask you for "Source of Funds" information.
So either be confident about this, or open a separate Revolut business account, or use an alternative like Transferwise.
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I recommed Revolut, because I know some good guys working for them and developing the whole product. They are pretty good and competitive.
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Just be careful with Revolut, don't put all your eggs in one basket.
We'd had an account with them for a few months before they decided they weren't keen on having business customers operating in the gambling industry and gave us 7 days notice to empty the account.