Revolut as an Alternative to UB Current Account

[peemac]

@peemac Shocking, suppose this has something to do with it,

No, they finally got back to me and said that their cards cannot be used for subscription payments.

Frankly that's an elementary service.

They said it can only be done by creating a direct debit via the iban number and not a facility allowed via their debit card.

I opened a Bunq account today

 

[ryaner]

No, they finally got back to me and said that their cards cannot be used for subscription payments.

Frankly that's an elementary service.

They said it can only be done by creating a direct debit via the iban number and not a facility allowed via their debit card.

I opened a Bunq account today

That seems insane given they advertise managing subscriptions - https://www.revolut.com/en-IE/subscriptions - and some of the services they show only accept card.

 

[peemac]

That seems insane given they advertise managing subscriptions - https://www.revolut.com/en-IE/subscriptions - and some of the services they show only accept card.

I sent 4 hours on chat to them yesterday. You can set up subscriptions via their app, but they cannot handle you providing debit card details to a subscription/recurring payment like Sky / Nespresso / Revenue / Irish times where you provide card details and then then take payment from that card each month.

On the positive side, I opened a BUNQ account in 5 minutes, It was operational a coupe of hours later and today transferred my revolut balance and closed the revolut account. BUNQ do charge 2.99 a month, but I'd rather pay for and get a service

 

[ryaner]

Seems their own support doesn't know what they are advertising

Keeping track of your Scheduled Payments | Revolut Help Centre

Managing your bills and subscriptions has never been easier. To view all your direct debits, recurring card payments and standing orders, tap on the ‘Payment...

www.revolut.com

To view all your direct debits, recurring card payments and standing orders

https://www.revolut.com/help/making...how-to-set-up-scheduled-payments-with-revolut even says

For recurring card payments (e.g. Netflix, Spotify or Apple Music), just add your Revolut card details to your account

BUNQ are a good alternative although annoyingly a new issue is showing up with their IBAN not being accepted by some providers. And because it is an Irish IBAN, the usual IBAN discrimination stuff seems to not apply.

Personally I've decided against one bank going forward. There is just too much risk of everything being locked out on a whim.