Global financial app Revolut has introduced new subscription plans tailored for individual users and businesses in Australia. These plans aim to enhance customer value by offering more affordable options.
Enhanced Individual Customer Offerings
Revolut’s Plus plan is geared towards individual customers seeking advanced benefits. This includes higher international transaction exchange limits, purchase protection, extended warranty coverage, and no Revolut ATM withdrawal fees up to USD 350 per month without any frequency restrictions. Furthermore, Plus subscribers benefit from a personalized card, priority customer service support, and the opportunity to open up to two Revolut <18 accounts to promote good financial habits among younger users.
Insurance Partnership with Chubb for Retail Customers
In addition to individual plans, Revolut has partnered with Chubb to provide complimentary insurance coverage for everyday use. This covers purchase protection and extended warranty benefits for eligible items purchased via a Revolut account. Existing premium perks like travel insurance, higher foreign exchange limits, lounge access, and minimized fees for investments remain available to Premium and Metal paid plan customers.
Revolut Business Plan for SMEs
To cater to the needs of small and medium-sized enterprises (SMEs) in Australia, Revolut has launched a new Basic plan. Priced at USD 10 monthly, this plan allows businesses to gain access to Revolut Business’s global platform and financial tools aimed at streamlining operations. Key features include local and international account details for simplified transfers, support for multiple currencies (over 30), the ability to onboard employees, issuance of physical or virtual cards, and optimized expense management.
Revolut representatives noted that these new offerings underscore their commitment to providing customers with solutions tailored to meet their specific needs. The Plus plan’s inclusion of everyday protection insurance highlights Revolut’s dedication to offering comprehensive support for customer finances.
