RevPoints from Revolut

[ofins]

There’s also the sign up bonuses to factor in if you opt to upgrade to a paid plan (spending £2000 in 3 months):

£3.99/month – 1,500 points
£7.99/month – 2,500 points
£14.99/month – 5,000 points
£45/month – 10,000 points, 5,000 points if upgrading from £14.99/month

Although the cancellation fees seem a little steep so not sure it makes that much difference.

Personally I think Curve is still a better way to spend and earn Avios on foreign spend (which would be my only use of Revolut) it’s just that Curve doesn’t seem to be very reliable! I think having the free plan of Revolut and being able to earn Avios will probably see me switch foreign spending away from my Halifax Clarity if I don’t need the section 75 protection.

[Chabuddy Geezy]

Do you have to activate something in the app to earn revpoints as a regular user?

[Froggee]

If you search Revpoints in the app then under “what is Revpoints” it says you need to go to your profile and select Revpoints. I went to my profile and there was no sign of Revpoints.

So I think you do need to do something but quite possibly cannot.

[sohan]

In my app you click on lifestyle then it says “0” on top right meaning 0 revpoints and if I click there it gives more info about signing up for it. Which I will not do as you have to opt in to buy them with my free account.

[Trifero]

The welcome offer of 3K avios for 150 transactions within 90 days I think it´s nice. After that, well, I would rather prefer use my chase for traveling abroad.

[Guy Incognito]

Not showing in my Revolut app for the moment, but I assume this is just for personal accounts and not business?

[tontoro]

Excluded merchant types:

financial services, payment services, or any other liquid or cash-like services;
cigar and tobacco purchases;
tax, fines, penalties, support payments, or other payments to or required by a government or judicial entity;
lotteries or gambling;
utilities;
charitable, religious and educational organisations.

[JDB]

tontoro wrote:

Excluded merchant types:

financial services, payment services, or any other liquid or cash-like services;
cigar and tobacco purchases;
tax, fines, penalties, support payments, or other payments to or required by a government or judicial entity;
lotteries or gambling;
utilities;
charitable, religious and educational organisations.

I’m not sure why anyone was ever getting too excited about it as big exclusions were a racing certainty and if they miss any costly ones now, they will get shut down quickly as Revolut simply doesn’t have the capacity to offer the sort of cashback or points earning that more established players can offer as a loss leader.

[tontoro]

Confirmed it doesn’t work for HMRC payments

[paulg0]

tontoro wrote:

Confirmed it doesn’t work for HMRC payments

How about through Curve? I’ve just bought £100 NS&I and paid £100 to HMRC to test.

[Rob]

The thing here is that Revolut has been around for ages and has had plenty of time to work out what it should and should not block. It’s not like Curve, which knew nothing, or Creation, which was running credit cards off a store card infrastructure platform and so was letting weird stuff through.

[Gosia44]

paulg0 wrote:

tontoro wrote:

Confirmed it doesn’t work for HMRC payments

How about through Curve? I’ve just bought £100 NS&I and paid £100 to HMRC to test.

Curve works if we have fronted enabled.

[JDB]

Gosia44 wrote:

paulg0 wrote:

tontoro wrote:

Confirmed it doesn’t work for HMRC payments

How about through Curve? I’ve just bought £100 NS&I and paid £100 to HMRC to test.

Curve works if we have fronted enabled.

Well, if you keep poking Revolut and talking about it, you’ll find they will soon put a stop to it. They simply can’t afford to pay points on a scale to suit the players and they are very alert to this sort of stuff. Curve worked/works because someone else was/is paying the rewards.

[Peter K]

Wise words JDB.

[ankomonkey]

I’ve seen multiple references to 30 different airmiles partners. Do we know who the full list are yet? Is it still just Flying Blue and Avios?

[JDB]

ankomonkey wrote:

I’ve seen multiple references to 30 different airmiles partners. Do we know who the full list are yet? Is it still just Flying Blue and Avios?

Reaching 30 partners is an aspiration for now and they seem to count Avios and Flying Blue, the two initially announced ones, as more than two by citing BA, Iberia, Vueling and others as partners.

[ankomonkey]

JDB wrote:

ankomonkey wrote:

I’ve seen multiple references to 30 different airmiles partners. Do we know who the full list are yet? Is it still just Flying Blue and Avios?

Reaching 30 partners is an aspiration for now and they seem to count Avios and Flying Blue, the two initially announced ones, as more than two by citing BA, Iberia, Vueling and others as partners.

Thanks @JDB. You have confirmed my suspicions regarding both how many schemes are currently available for transfer, and how creative they are being with their counting of partners!

[redethernet1]

whats the min. required spend to qualify for the 150 trx for the bonus

[lordy]

redethernet1 wrote:

whats the min. required spend to qualify for the 150 trx for the bonus

I dont think there is one, I have recently went through my small curve txns and put them back in time through it.

Also waiting to see what happens if I pay credit card through it (fronted) for the 5k point target £2k spend (Metal)

[lordy]

lordy wrote:

redethernet1 wrote:

whats the min. required spend to qualify for the 150 trx for the bonus

I dont think there is one, I have recently went through my small curve txns and put them back in time through it.

Also waiting to see what happens if I pay credit card through it (fronted) for the 5k point target £2k spend (Metal)

Doesnt seem that credit card payments (fronted) work

[Rich_A]

Thread bump – just catching up with this.

I was tempted by the signup bonus of 3,000 Revpoints (= 3000 Avios/ FB/ Virgin) requiring 150 transactions in 90 days. Mainly as an opportunity to top up my FB account, and perhaps have another convertible currency.

As far as I can work out, Revpoints is a complete scam. You have to turn on ‘spare change’ to earn Revpoints, and that forces all transactions to round-up to the next pound. It then uses that to buy Revpoints at a dire rate (2p per point).

You would think that whole number transactions are a good way around this, but the buggers have thought of that! A £2 purchase will round up to £3, forcing you to pay £1 for 50 points.

Added to the pitiful earning rate, 0.1 points per £, and most transactions are going to lose you money.

Equally, making 150 transactions for the signup bonus will cost you unless you can engineer a large number of £X.99 transactions, to minimise the round-ups.

Long term, it’s completely pointless, except for large value transactions at merchants which are valid for points earning at Revolut, and aren’t on your other cards, and where the transaction is large enough (over £500) that the 0.1 points outweigh the cost of the round-up.

Am I missing something here?

[sturgeon]

Yes, many things. For one you don’t need to switch on spare change to earn points. Although maybe you do on the free plan.

Look at the revolut shops as many offer decent bonuses up to 20x and for premium retailers (Apple often pops up for example).

Realistically the ultra plan offers the only decent earning rate at one point per £ though and apparently earning is now limited to £2.5k if that’s actually implemented but with a good bonus retailer that’s still a great opportunity.

[Rich_A]

Yes, I’m on the free tier.

I could see some utility in going up to one of the paid tiers, but I’m not going to be putting loads of spending through it.

The 20x points is a multiplier of your base rate, right? So I’d get 0.1 x 20 = 2 Revpoints/ £ on the free tier, and if I was on Ultra it’s 1 x 20 = 20 Revpoints/ £?

[memesweeper]

Rich_A wrote:

I could see some utility in going up to one of the paid tiers, but I’m not going to be putting loads of spending through it.

The 20x points is a multiplier of your base rate, right? So I’d get 0.1 x 20 = 2 Revpoints/ £ on the free tier, and if I was on Ultra it’s 1 x 20 = 20 Revpoints/ £?

If you are about to drop some serious money onto one of their 10x or 20x retailers then the Ultra plan can be worth it just for the points. But if you mainly spend on 1x retailers then I think you need to get value from the rest of the proposition to justify the fees IMHO.

[No Longer Entitled]

There is enough publicity around Revolut’s attitude to security. It would be madness to put a significant balance on this card for the sake of a few points or too cumbersome to be constantly topping up for the sake of a few points.

I use it abroad a few times a year because I find the FX Feature useful but otherwise it stays in a draw. I presume I am not alone, hence the implementation of points.