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A comment on Revolut raises $500M at a $5.5B valuation. Parent comment

Re:Revolut raises $500M at a $5.5B valuation by hkjlhoiuwer on Tuesday February 25, 2020 @06:09AM (#22412278)
They are very convenient though. And they have the best FX rates for those who care.

I only keep a minimum amount on Revolut (<$200), and only top up as needed. This way I don't particularly care if my money gets lost.

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Re:Revolut raises $500M at a $5.5B valuation by GeneralTspoon on Tuesday February 25, 2020 @07:02AM (#22412462)
Monzo/Starling/TransferWise all have as good an FX rate last time I checked.
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Re:Revolut raises $500M at a $5.5B valuation by Reason077 on Tuesday February 25, 2020 @08:01AM (#22412805)
It's worth pointing out that Monzo and Starling are bona fide banks with UK banking licenses, with the legal protections and deposit guarantees which that entails.

Revolut and TransferWise, like PayPal, are not.

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Re:Revolut raises $500M at a $5.5B valuation by khweroii on Tuesday February 25, 2020 @08:18AM (#22412916)
Yes, but Revolut edges them out (2 pip vs 20+ pip spread). When you convert $30k like I did, I got an extra $100 or so, which payed for one year of Revolut Premium - so I basically got Premium for free.
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