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Personal Finance @lemmy.ml Jeroenvb @feddit.nl

Compare bank fees with Revolut in a foreign currency

How can I properly compare paying abroad with my own bank versus using Revolut for it?

For example, I know that I will spend 1500 euro worth of payments, mainly through physical card payments in stores, in the UK. I am from The Netherlands. My bank account is set in euro's and obviously in the UK it'll be paid in GBP.

Revolut should be a very good way to pay in foreign currencies but I am not able to determine what the difference would be. There is currency exchange rates, currency exchange fees, payment in foreign currency surcharge, perhaps Revolut subscription fees. Is this everything I need to take into account?

Revolut EUR-GBP exchange rate

ING GBP-EUR exchange rate

Revolut fees

ING fees

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Today i installed arch linux for the first time
  • I used to watch him a lot as well, especially for the specific Linux content. I got a bit put off by some weirder ideas but mostly forgot about it. Which idea's does he have now and which you particularly don't see yourself in?