Revolut rolls out credit card in Ireland

Rick Steves

“With flexible perks, cashback and bonus rewards, we’re looking forward to hearing feedback from our customers over the coming weeks.”

Revolut has announced the roll out of its feature-filled Credit Card to existing customers in Ireland.

The super app has more than 2 million customers in the country and now enables residents there to apply for a Revolut Credit Card by going to ‘Hub’ and click on ‘Credit Cards’ in the Revolut app.

APR of 17.99%, no annual fees, no punitive over-limit charges

With a 0% balance transfer offer for the first three months, applying for the Revolut Credit Card is an easy and simple process with an immediate approval process for those eligible.

Additionally, there is no interest for the first three months as long as the user makes monthly minimum payments; after that, the APR is a 17.99%.

The Revolut Credit Card rewards users with 1% cashback on purchases for the first three months (up to €30) and an unlimited 0.1% thereafter. Customers who have a Metal account can enjoy an additional 0.1% cashback, 1% cashback outside of the EU (including transactions made with any merchant outside the EU).

The current credit limits are between €500 to €10,000, but each customer will have their own bespoke affordable limit as decided by Revolut’s credit assessment.

According to Revolut, the Credit Card has no annual fees, and is the only Credit Card in the market that does not charge punitive over-limit or returned payment fees.

Customers have the ability to create virtual credit cards while waiting for physical cards to arrive, and these cards can be added to mobile wallets such as Apple Pay and Google Pay.

Additionally, customers can choose to use disposable virtual credit cards which can help to deter fraud when shopping online.

“Looking forward to hearing feedback from our customers”

Joe Heneghan, CEO Revolut Europe, said: “We’re delighted to add Revolut Credit Cards to our financial superapp, giving our customers in Ireland more control and flexibility over their personal finances in a responsible way. We’ve developed the technology to provide Credit Cards to approved customers with limits tailored to affordability, so they can get the credit they need, when they need it.

“With flexible perks, cashback and bonus rewards, we’re looking forward to hearing feedback from our customers over the coming weeks.”

Revolut has recently launched Loans, with the “lowest rate in the Irish market for loans under €20,000”, and Pay Later, a responsible payment installments product.

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