Revolut Customer Reviews
Revolut generally receives positive feedback from users, especially for its user-friendly app, competitive exchange rates, and low-cost international spending. Customers appreciate the ease of setting up an account, the ability to hold and exchange multiple currencies, and helpful budgeting features.
Pros highlighted in reviews:
- Intuitive and feature-rich mobile app
- Real-time spending notifications and analytics
- Competitive exchange rates and low fees on currency conversions
- Easy international money transfers
- Virtual and disposable cards for added security
Common complaints include:
- Slow or unresponsive customer support, especially on free plans
- Occasional account freezes due to security checks
- Fees for certain services (e.g. ATM withdrawals beyond limits or weekend FX markups)
Overall, Revolut is well-rated for day-to-day money management and travel, though users seeking traditional banking features or robust customer service may find limitations.
What is the
best Send Money conversion rate for CAD to JPY?
The best CAD to JPY exchange rate is 113.04 from OFX . This is -0.5% compared to the mid-market rate 113.61.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Japanese yen (JPY) rates from different sources before making a conversion.
The above
Revolut - Loonie to Yen comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Revolut and other foreign exchange providers against the latest CAD-JPY mid-rate and the possible savings of using various providers.
How do Revolut CAD-JPY rates compare between providers?
Looking at the full
CAD to JPY - Send Money comparison table the provider with the best CAD to JPY exchange rate is OFX at 113.04, -0.5% from the latest mid-market rate 113.61.
The next best is XE at 112.92, -0.61% from the mid-rate.
Then Wise at 112.61, which is -0.88% from the mid-rate.
The Western Union rate is 111.9 which is -1.5% from the mid-rate.
Among the banks the TD Bank rate is 101.44 at -10.7% the Scotiabank rate is 110.08 at -3.1% and the Royal Bank of Canada rate is 110.42 at -2.8% compared to the mid-rate 113.61.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like Revolut or platforms that offer rates closer to the mid-market rate.