Revolut Payment Fees and Taxes
As seen above, Revolut is a worthy payment platform. Besides reliability, the site is low-cost and affordable.
Depositing money into your casino account is absolutely free. However, some casinos impose charges for deposits. If that is the case, you should check the casino’s terms and conditions for full details.
When it comes to quick responsiveness, Revolut is the best choice. With no additional charges, the platform processes your payments quickly. Revolut allows you to transact minimal amounts without strict limits.
Depending on your casino requirements, you can deposit a minimum of $10. However, the min deposit amount varies from one casino to another.
Talking of withdrawals, Revolut does not disappoint. The platform is among the few cards used for both cash-ins and cash-outs.
Most casinos demand the use of the same methods for deposits and withdrawals. Here, most card payments fail as they only support deposits. But Revolut is quite different.
Revolut withdrawals are processed within 3-5 days. However, they are not free.
The small fee charged is quite affordable and understandable. For withdrawals beyond $200, the platform charges a 2% fee per month.
It is good to note that there are several types of Revolut accounts. The amount of money you can transact depends on your account type. The three types of Revolut accounts are:
- Standard accounts
- Economy accounts
- Premium accounts
Each of the accounts applies different costs in several aspects. The standard account charges a 0.5-1% foreign exchange fee for every transaction. The premium account also charges the same amount.
But the economy account charges strictly 1% for all foreign exchanges. For cash withdrawals, the amounts slightly differ. Both the economy and premium accounts charge 3.5% of the withdrawal amount.
On the other hand, the standard account charges 2.75% of the amount.