8.6 C
New York
Thursday, July 29, 2021
Home Challanger banks Revolut launches Revolut Plus, a mid-tier premium account

Revolut launches Revolut Plus, a mid-tier premium account

Revolut announced the launch of an affordable premium option called Revolut Plus for £2.99 per month.

This is following the launch of N26 Smart and Monzo Plus subscriptions. So far the subscription options of Revolut included only Premium and Metal priced at £6.99 per month and £12.99 per month respectively.

Read also: Exclusive: Interview with Scott Gordon – Founder & CEO at Kard

Revolut Plus does not aim to offer travel perks as that is not what customers are looking for in the times of global pandemic.

With the purchase protection, the account provides cover for damaged and stolen goods and event ticket cancellations, covers Plus customers up to £1,000, Premium customers up to £2,500, and Metal customers up to £10,000.

Revolut Plus customers will also be able to spend online with virtual cards, while parents and guardians can teach their kids money skills with access to up to two Revolut Junior accounts.

Nik Storonsky, CEO and Founder at Revolut, says: “We’re excited to launch our upgraded plans for our customers across Europe, providing them with great value for money while protecting them from out of pocket expenses.”

“We want to help our customers shop safely, knowing their purchases are protected by Revolut from theft, damage, or no-returns policies,” he added.

Avatar
Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

Recent posts

Starling Bank’s first acquisition is Fleet Mortgages

UK challenger Starling bank acquires Fleet mortgages as its first corporate acquisition.

Starling Bank revenue skyrockets by 600%

The digital bank Starling has managed to grow revenues to £97.6 million from £14 million in the previous period.

Revolut launched a travel booking feature

After Softbank lead an $800 million investment into Revolut, the UK-based challenger bank came up with another feature - travel booking.

Kid accounts and challenger bank options for children

Revolut junior vs. Starling Bank Kite? 🤔 Once again Everly - challenger bank news joined forces with the Scientia team and their Fintech Insights, the digital banking research platform, to compare several challenger banks' junior accounts from parent's and kid's perspectives! 👍 Check the full article here