Revolut Overview
Born in the heart of London in 2015, Revolut has revolutionized the world of digital banking in the UK. With its aim to craft the world's premier financial super app, it has rapidly spread across the globe, making a significant mark even in the online casino sphere.
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Payment Method | Online Bank Transfer, Mobile banking |
Founded | 2015 |
Headquarters | London, England |
Office Locations | London |
Number of Employees | 9,600+ |
Total Active Consumers | 30 million + |
Total Merchants | 500,000 + |
Revolut is a monolith in the online banking world with massive holdings in the UK and abroad. As a homegrown company, they started their journey in 2015 and within a year they amassed over 100,000 personal customers.
Revolut is in collaboration with both VISA and Mastercard, ensuring transactions aren't just swift but fortified with top-tier security. Speaking of Swift, deposits are instant on their platform which is why using them on an instant payout casino in the UK was my choice.
Their success lies not just in numbers but in their adaptive and diverse offerings, from card payments to a multitude of in-app currencies. Authorized by the UK Financial Conduct Authority, players can rest easy knowing their transactions are under tight surveillance with this e-money institution.
Author’s Note
Revolut is tirelessly pursuing banking licenses across various countries, demonstrating its willingness to become an essential global financial solution. Currently, they have banking licenses all across the EEA.
More about Revolut: Payouts, Fees, and Complaints
While Revolut offers five distinct plans, its standard plan remains free. Paid memberships get you access to personalized cards, discounts on international transfers, cashback, and more.
The payment provider also has a neat in-app chat system where you can send, receive, split both money and send memes.
Currency exchanges up to £1,000 monthly across 36 currencies come without additional charges. With your ATM card, you can withdraw up to £200 or five transactions up to £200 without any fees in a free account. You can compare the plans at your leisure on the Revolut pricing plans page.
Fees
Coming to the details you are all here for, deposits are free of any additional charges and instant. This means you can keep complete control over your bankroll and when you’re ready, step away from your session with easy withdrawals.
These freebies only apply to adding money via bank transfers or a local card in the UK. Adding money by bank transfer to a foreign account with their local currency will incur a surcharge of £8.
Withdrawal Details
Withdrawals are a bit tricky and can take anywhere from mere minutes to 1-3 days in cases when you withdraw from a foreign casino.
The more advanced your plan is, the lower you have to pay in fees for withdrawals. As mentioned before, up to £200 is no problem for free accounts but the high rollers among you might want to upgrade to premium or more as the limit doubles to £400 and keeps going higher.
Furthermore, withdrawals aren’t instant and may take between 24 hours to up to 3 days to reflect your winnings in your account. This is one aspect where Revolut starts to fall off a little in my eyes. The arbitrary limits even on paid plans, and the withdrawal time was a bit of a drag.
Remember:
While Revolut itself imposes no fees on deposits or withdrawals, always check if your online casino does. International transactions may incur varying Forex fees, so always stay informed about the transaction's nature.
Facing Issues with Revolut?
Revolut takes customer grievances seriously. After lodging your complaint, you'll receive a written acknowledgement detailing the estimated resolution time. The time frame might vary as they do not provide any concrete estimates on their website.
You do get live in-app chat support for any and all queries or you can reach the customer support by phone at +442033228352 or by mail at: [email protected].
How to Utilize Revolut for Casino Withdrawals
Revolut simplifies the casino withdrawal process to a few taps, which is their tagline after all. Here's how I got my funds out of the casino and into my wallet:
- Navigate to the casino's withdrawal section.
- Opt for Revolut as the withdrawal method.
- Input your desired withdrawal amount.
- Provide your Revolut card details and complete the authorization process.
- Confirm and initiate the withdrawal.
Just like that, you are all set up to withdraw from Revolut online casinos whenever wins are in order.
Is Revolut Worth It for Casino Enthusiasts?
Revolut, with its instant transactions and robust security, is undeniably an asset for online gamers in the UK. The instant deposits and in-app features really sold me on the app but the withdrawals can take a while to reflect on your account which is a negative.
You can also use it for your Crypto and stock investments which is a great addition if you want an all-encompassing banking app.
Though it excels in multiple domains, players should weigh the benefits against the lack of some casino-specific features. Some Revolut online casinos in the UK do not offer deposits from the platform which is the second of only two downsides here.