How To Use Revolut: Account Opening, Money Transfer & MORE!

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In this Revolut tutorial, we'll take you through how to use the Revolut app. Including the basics such as depositing funds and exchanging currencies, as well as investing in crypto, commodities & stocks. We've also included lesser-known features such as Revolut Pockets.
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Chapters:
0:00 Get 3 Months of Revolut Premium for FREE
0:19 Revolut App Basics
2:23 How to Deposit Money
3:12 How to Exchange Currencies
3:57 Physical & Virtual Debit Cards
5:15 Savings Vaults
6:56 How to Purchase Stocks & Shares
8:28 How to Purchase Crypto & Commodities
10:01 Earning Cashback
11:00 Organising & Tracking Your Finances

[@maximusb8194]

How do people add subscriptions to pockets when usually they are direct debited from a card? Do you still have the DD setup for the card but when it takes the money it takes it from the pocket?

[@Angel17-]

Can you do a video to transfer money from your regular bank Account Into Revolut and then into OKX?

[@torgutm]

Very well presented. Good job!

[@Monitodotcom]

Thank you kindly!

[@kevtonner7910]

Hi I am looking to replace my Square card reader as it’s 1.7% per transaction and the revolut says it charges only 0.8! Would you recommend it compared to the square for use? I only have two products on it for my services. Thank you

[@Monitodotcom]

Yeah I'd recommend it, one of the things I've highlighted in my business review of Revolut was the fact that it's so much cheaper than Square. Definitly worth considering! ^Jonny

[@wallylafferty1166]

This is a good overview for using Revolut IF YOU ARE SINGLE. The video does nothing to address JOINT ACCOUNTS and adding people to your account (such as a spouse). Can you kindly do a video on the use of Revolut for COUPLES and FAMILIES? Please?

[@VanlifePhotographyGear]

can i ask, if i have GBP (UK money) and i travel to Europ (Italy) will my card in my wallet use GPB or Euros? do i have to do anything to change how i use the card.

[@Monitodotcom]

If you only have GBP deposited in your Revolut account and you make a purchase in Italy, then Revolut will exchange the GBP for EUR at their exchange rate (as long as you choose to pay in the local currency at the point of sale). If you have Revolut Standard then you'll pay no fees on the currency exchange up to £1,000, as long as it's during the week. In short, it doesn't mater what currency you have in you Revolut account, they'll automatically exchange it, you just need to have enough money to cover the cost of the transaction. Let me know if you have any further questions. ^Jonny

[@halmamudy1]

This info is so useful

[@Monitodotcom]

Glad you found it useful halma, let me know if you have any questions. ^Jonny

[@armandinejacotin]

This was very extensive and concise. Thanks. You should disclose that you will get a referral reward if we click on your link. Transparency is the order of the day nowadays.

[@Monitodotcom]

Thank you for the reminder Armandine, and I totally agree. I'l make sure in the future to always disclose when we have an affiliate link. ^Jonny

[@kammyknight2582]

I got the Revolut card to use for my upcoming trip to Tunisia. I was under the impression I could use this card in Tunisia for purchases but the app does not have an option for currency exchange for TND. Does this mean that I cannot use the card in Tunisia or just that I cannot exchange currency prior to making purchases?

[@Monitodotcom]

No you could still make purchases with your Revolut card in Tunisia, as long as VISA or Mastercard are accepted. There's more info here: help.revolut.com/help/card-payments-withdrawals/getting-started-with-card-payments/what-currencies-are-supported-for-spending/ Let me know if you have any further questions. ^Jonny

[@kevint7851]

👌👌👌👍.........still a little confused. I am in uk. want to spend in Tenerife in euro. Do I have to change from £ to euro before the trip or will card do it automatically?... pay for meals etc.etc. withdraw from cash machine??? same question.

[@Monitodotcom]

Hey Kevin. Best thing to do would be to deposit GBP into your Revolut account, aim for roughly what you want to budget. Once that’s done, go ahead and exchange that money in the Revolut app for euros. Make sure you do that during the week and not the weekend. Once that’s done you can just use your Revolut card to spend money or withdraw cash in Tenerife just like a local would. Now in case you run out of euros you can absolutely deposit more pounds into your account and either exchange them or just spend them using your Revolut card. That’s fine too, I just recommend exchanging before hand to avoid any small weekend exchange fees and to set a holiday budget. Let me know if you have any more questions. ^Jonny

[@kevint7851]

@@Monitodotcom Thanks for the super fast reply👌👌👌👍... will watch over and over again, to see how to convert. Old timer here! used to taking cash for hols however time to change. just ordered card paid in £200 for a starter. Only gone for a standard card. think its good enough for my two hols per year.👍

[@Monitodotcom]

Oh for sure Standard will be just fine, you'll be able to change up to £1,000 to euros without paying any fees. Exchanging isn't too complicated, you'll just select your GBP account with the £200, click Exchange and then select EUR, after that you'll want to enter around €230 depending if you want to exchange the whole lot. Then click Review order and confirm. Simple. Let me know if you have any questions. ^Jonny

[@yosmuc]

It looks like Revolut still didn’t add the option to deposit money in cash in a store by generating a code. This is quite essential for those who only have one digital bank and would like to cash money in.

[@illegallawyer]

What alternatives offer cash deposit by store code?

[@djsarumawashi]

GREAT😃😃😃 GREETINGS from CABO VERDE ISLANDS🤩🤩🤩

[@RS-hf1xt]

Can you have both a virtual and standard card in your app and are they enterchangeable? How do two different cards in the app?

[@Monitodotcom]

Hey R S. Yes you can. You have two options, to have a virtual card or a physical card, both are linked to your account so you can use them however you please. If you make a payment with any of your cards then funds will be automatically deducted from your Revolut balance. ^Jonny

[@RS-hf1xt]

@@Monitodotcom Thanks Jonny

[@nolimitlink1284]

Hi, I’ve recently opened an account with Revolut, is there any chance you could do a video on how to exchange bitcoin into gbp, and then transfer into my uk bank account. Thanks Grant

[@Monitodotcom]

Hey Grant, you just sell the BTC and then withdraw the GBP, it's pretty straight-forward and you can do it within the crypto section of the app. ^Jonny

[@osakwechinye4867]

I really need a revolut account....but it's not available in Nigeria 😢

[@Benzene.]

do you know if revolut is coming to india any time soon ?

[@Monitodotcom]

Depending on regulators in India, I believe it could be as soon as this year. ^Jonny

[@alexwolf4000]

How can I spend my crypto with a revolut card ? Thanks

[@Monitodotcom]

When you're sending to external wallets you can only send BTC.

[@oliwakulla3341]

I have an issue. I downloaded the app, wanted to sign up but android said that 'this app isn't supported on this version of Android' I recently updated to one ui 5.1.

[@Monitodotcom]

Hey Oli, I found this article that may help you: blog.revolut.com/were-discontinuing-support-for-the-android-lollipop-operating-system-5-0-5-1/ - It seems that 5.1 might not be compatible? ^Jonny

[@pretty__yawdapaah]

It's very poor always reverting back payments

[@shabbirocks123]

2:45 how to find deposit fee?

[@Monitodotcom]

It’s difficult to see, look for small text with ‘Fee:’ if there isn’t someone then it won’t be displayed. ^Jonny

[@laraadchristian8217]

Is it like klarna ?

[@Monitodotcom]

No really. Klarna is a buy now pay later product, Revolut is a financial app that has a ton of products (current account, investments, virtual cards) - although in some regions they do offer BNPL. ^Jonny

[@laraadchristian8217]

@@Monitodotcom thank you Johnny 🤍

[@DavidWhite-je7jh]

Is it not a concern that your Revolut account number and sort code are visible? 🤔

[@Monitodotcom]

Why would it be? 🤷🏼‍♂️

[@DavidWhite-je7jh]

Well you have provided your name and account details, so your address would be the only information required to establish a fraudulent direct debit from your account.

[@Monitodotcom]

Thanks for the info David. Honestly I use that account to review for videos and never have any amount of significance deposited for very long. I’ll make sure to keep my address hidden though. Cheers ^Jonny

[@Homelessnomad]

Can I buy crypto from revolut and send it to a wallet?

[@warxxxx]

no

[@Monitodotcom]

Currently, you can only send BTC to an external wallet and any other crypto to Revolut users and their wallets.^Jonny

[@moachie8513]

Can I receive crypto from outside revolut?

[@Webby74]

Can you receive crypto?

[@Monitodotcom]

Hey Jacob. Unfortunately no, you can send BTC but you can’t receive it. The only way to grow your bag is purchasing in-app. ^Jonny

[@aourose]

If I have cash how?

[@markuc]

Deposit into bank and then transfer from there

[@Deenodounia]

Why Algeria is not available

[@y2k_sthetic]

hold on why he kinda.........😏🤭🤭

[@DenHaghezul]

Very bad experience with Revolut

[@Monitodotcom]

What happened Den? ^Jonny

[@armandinejacotin]

Den, you should definitely contact them and give them a chance to make it right.

[@kellyj339]

you talk too fast

[@Monitodotcom]

Hey kelly, thank you for the feedback, that's how I talk but I will bare that in mind, especially for these beginner-type videos as explanation is key. You could always slow me down VIA the playback speed if that helps. Thanks. ^Jonny

[@christianmungo2342]

Wouldn’t touch this company with a barge pole myself .. and certainly wouldn’t be depositing a penny of my hard earned with them … no thanks

[@Monitodotcom]

Hey Christian. Thanks for your comment, what makes you say that? ^Jonny

[@sherwintolentino5485]

Totally irrelevant please don't take the wrong way -- It's strange that you seem to be not smiling as much as most of your videos

[@Monitodotcom]

Hi Sherwin, unfortunately, the day before I filmed this I had a tragedy in my family. That doesn't explain the other videos but I was very distracted when I made this. ^Jonny

[@BDUDE]

@@Monitodotcom Hey Jonny, really sorry to hear that. Stay strong bro ❤️

[@sherwintolentino5485]

Yes, sorry to hear that ❤️

[@Monitodotcom]

Thank you.