Revolut SGD to USD Business Transfers Compared

Revolut Fees Singapore Standard Plan

Subscription

Standard Plan: Free of charge.

Add Money

1. First Top-Up: Free for all cards.

2. Subsequent Top-Ups: A surcharge applies for certain cards as detailed below. Surcharge information will be shown in-app before processing.

• Mastercard Debit (Singapore, Consumer): 0.51%

• Mastercard Credit (Singapore, Consumer): 0.62%

• Visa Debit (Singapore, Consumer): 0.30%

• Visa Credit (Singapore, Consumer): 1.97%

• International Consumer Cards: 2.08%

• Commercial Cards: 1.12%

• From Singapore Bank Accounts: Free. Note: Your bank may impose fees.

Cards

• First Revolut Card: Free (Standard Delivery), S$19.99 (Express).

• Virtual Card: Free.

• First Junior Card: Free per Junior Account.

• Replacement Cards: First replacement free (delivery charge applicable), subsequent S$9 each.

• Custom Card: S$9.99, plus shipping (detailed in-app).

Spend

• ATM Withdrawals Abroad: Up to S$350 or five withdrawals free per month. Beyond this, 2% or S$1.49 (whichever is higher).

Send

• Revolut Users: Free.

• SGD to Singapore Banks: First five transfers free, then S$2.99 each. Applies to both card and bank transfers.

• Other Transfers: Fees vary, detailed in-app.

Exchange

• Standard Plan: Up to S$5,000/month free, then 1% fee.

• Premium Plan: Up to S$15,000/month free, then 0.5% fee.

• Metal Plan: Unlimited free exchanges.

Foreign Exchange Hours

• Standard Plan: No fee during market hours; 1% fee outside.

Precious Metals & Cryptocurrencies

• Exchange rates and fees detailed in-app, varying by plan and exceeding fair usage limits.

Currency Transfer Fees

Local Currency Transfers:

• 0.40% fee, minimum S$1.49.

Foreign Currency Transfers:

Local Currency Transfers

A local currency transfer occurs when a transfer is made in the local currency of the recipient country, like when you send USD to the USA.

A fixed percentage fee of the total transfer amount will apply to all local currency transfers (subject to a minimum fee of S$1.49).

Please note that transfers to the following countries may only be transacted in local currency: Brazil (BRL), Indonesia (IDR), India (INR), Sri Lanka (LKR), Malaysia (MYR), Philippines (PHP) and Vietnam (VND).

Foreign Currency Transfers

A foreign currency transfer occurs when a transfer is made that is not in the local currency of the recipient country (for example, sending USD to the UK) or you make a foreign currency transfer between Singaporean accounts (for example, sending USD to a DBS Multi-currency account).

Choose Your Revolut Monthly Plan

• Standard: Free.

• Premium: S$9.99/month.

• Metal: S$19.99/month.

Revolut Customer Reviews

Revolut generally receives positive feedback from users, especially for its user-friendly app, competitive exchange rates, and low-cost international spending. Customers appreciate the ease of setting up an account, the ability to hold and exchange multiple currencies, and helpful budgeting features.

Pros highlighted in reviews:

• Intuitive and feature-rich mobile app

• Real-time spending notifications and analytics

• Competitive exchange rates and low fees on currency conversions

• Easy international money transfers

• Virtual and disposable cards for added security

Common complaints include:

• Slow or unresponsive customer support, especially on free plans

• Occasional account freezes due to security checks

• Fees for certain services (e.g. ATM withdrawals beyond limits or weekend FX markups)

Overall, Revolut is well-rated for day-to-day money management and travel, though users seeking traditional banking features or robust customer service may find limitations.