3 smart ways you can save more with Revolut before 2020 ends

Deborah Tan-Pink

 · 12/21/2020  · 12/21/2020

With 2020 coming to an end, many of us will be taking stock of our finances. Have I saved enough? Is my "rainy day fund" sufficient to cover an unplanned emergency? Did I really need those slippers in 8 different colours?

If one of your New Year resolutions is to make every cent count, then here's how Revolut can come in handy.

Exchanging currencies is free* in-app during London Forex trading hours 💱

The next time you want to send money to a family or a friend overseas, know you are getting exchange rates that beat those of banks and other retail foreign exchange services by 3 - 5%. Revolut does not charge our customers for exchanging currencies* in-app.

Also, if you shop at an international ecommerce site using your Revolut card, remember to pay in the native currency of the site (e.g. USD on Threadless) because Revolut automatically applies the best interbank rate and saves you money.

Top up your Revolut account using local bank transfer for free 💰

You don't have to worry that your top-ups are going to add to your credit card bill when you transfer using FAST. On top of this, you can set up the in-app budget tracker to help you better manage your spending.

What's more, from now to 31 January 2021, if you top up using local bank transfers and use your Revolut card to pay at physical stores in Singapore, you'll enjoy up to 1.5% cashback.

Enjoy free insurance coverage when you spend with your Revolut card ☔

Want to stop fretting over paying monthly insurance premiums? Revolut's expanded partnership with SNACK by Income gives you S$100 free insurance coverage every time you make a purchase. Enter REV250 when you first checkout on the SNACK app to also get a one-time free S$500 insurance coverage payment. Only policies linked to Revolut cards qualify.  

Click here to find out how to set yourself up for a SNACK insurance.

*For THB and UAH, we apply a small 1.0% markup on the exchange rate. On weekends (Friday 23:59 - Sunday 23:59, London time) when the London Forex markets are closed, we take the rate from Friday 23:59 and apply a markup of 0.5% on major currencies and 1.0% on other currencies.

During London Forex trading hours, exchanging currencies using Revolut is free with the exception of the two currencies mentioned above.