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Revolut rolls out Credit Cards in Ireland

By Gloria Methri

February 20, 2023

  • Cashback Credit Card
  • Credit Cards
  • Credit Limit
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Revolut, Credit Cards, Ireland, FinTech, Open Banking, Virtual Credit CardsRevolut, the London-based global financial company, is offering its feature-filled Credit Cards to two million customers in Ireland. The Revolut Credit Card brings 0% interest for the first three months as subject to monthly minimum payments; after which the APR is 17.99%2.

To apply for a card, customers in Ireland must go to ‘Hub’ and click on ‘Credit Cards’ in the Revolut app.

Customers can 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.

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 and 1% cash back outside of the EU.

Revolut Credit Card also helps users set a budget for credit spending. Along with transaction history, the accompanying app offers real-time balance updates and push notifications to keep customers up to date on their spending.

Revolut checks customer affordability by linking to their existing bank accounts through Open Banking. The current credit limits are between €500 to €10,000, but each customer will have their own affordable limit as decided by Revolut’s credit assessment.

Through peer-to-peer transfers, customers can send money directly from their credit card to other bank accounts or recipients.

The Credit Card has no annual fees and does not charge punitive over-limit or returned payment fees.

Joe Heneghan, CEO Revolut Europe, said, “We are 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 have 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.”

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