Revolut has launched a contactless metal card with cashback in cryptocurrencies for frequent travelers looking for something “beyond the currency exchange.” The card, called “Revolut Metal,” will have a unique design and three times the weight of a regular card. It will offer its users a cash refund of 1% of each transaction carried out outside Europe and 0.1% of each transaction conducted in Europe, with the possibility of receiving the rebate in any of the 25 fiat currencies supported by Revolut or in the five cryptocurrencies, including Bitcoin (BTC).
Customers will also be able to withdraw three times as much cash from any international ATM as a standard user and will have a personal concierge service at their disposal with which to make reservations, from a table in a restaurant to a concert ticket. People who subscribe to this plan will also benefit from real exchange rate currency exchanges and free unlimited international money transfers, 24-hour priority customer service every day, and travel insurance abroad covering medical, dental, flight and lost luggage expenses.
Revolut launched its Revolut Metal card with cashback in fiat money and cryptocurrencies, including Bitcoin (BTC)
Revolut has assured that it will extend the package of this new Revolut Metal plan with exclusive benefits such as reduced rates to international airport lounges, family accounts, unlimited disposable virtual cards, and additional incentives for the commission-free trading platform that the company plans to launch in the upcoming months.
Nik Storonsky, founder and CEO of the Revolut FinTech, has said that he is convinced that the new Revolut Metal card will be “the exclusive card of the future and an absolute necessity for travelers from all over the world.” He also indicated that the launch of Revolut Metal is “an important step” for the company to generate additional revenue, given its desire to expand its business to North America and Asia this year.
Jackson Bey was born and raised in Lethbridge Alberta but moved east when he was 22. Apart from running his own consulting firm. Jackson spends his time canoeing the many lakes of Ontario. As a financial journalist Jackson has published stories for CBC Business Online, as well as Buzz Feed and Motherboard. As a contributor to Billionaire 365, Jackson mostly covers markets and trade.