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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 akrymski on Tuesday February 25, 2020 @01:12PM (#22415563)
> Transferwise for instance (which was praised here) apparently charges you 1.25% to _add_ money to your account (USD)

That's if you're using a US debit card. They seem to charge a fixed fee of $5.34 to top up any amount of USD via wire transfer.

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Re:Revolut raises $500M at a $5.5B valuation by virgilp on Tuesday February 25, 2020 @01:27PM (#22415733)
> That's if you're using a US debit card

A USD debit card. Revolut also claims to charge US cards too (an undisclosed amount) but amazingly enough they charge me nothing for topup from my USD card (issued by Romanian bank)

The transferwise wire transfer fee is on top of SWIFT fees and whatever other fees your bank will charge you for USD. That's pure profit for them, there's no cost that justifies the fee.

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