The main features of the Revolut Business Card Premium plan include access to a business concierge service, multi-currency accounts, expenditure management tools, free foreign payments, and free international payments. Additionally, Premium members have larger monthly limits for free international transfers, and they may receive up to 5% cashback on card purchases.
With the help of the Go Global with Foreign Exchange feature of the Revolut Business Card Premium Plan, organizations may simply conduct transactions in several different currencies. It is a profitable choice for travel and lodging. Users of this plan can additionally benefit from fee-free international money transfers, fee-free withdrawals of up to £400 per month, and full purchase protection for additional peace of mind.
What Is the Process for Upgrading to the Revolut Business Card Premium Plan?
Choosing the Revolut Business Card Premium Plan will let you enjoy a lot of benefits. The process of upgrading to the Premium Plan may involve the following steps:
- To access your Revolut Business account, click here. Log into your current Revolut Business account to get started. You must first register for a Revolut Business account if you don’t already have one.
- Go to the Premium Plan page after logging in and accessing your account’s dashboard or settings. Find a menu item or section that mentions subscription packages or account upgrades. There should be a listing for the Premium Plan.
- To begin the business card premium plan upgrade process, select the Premium Plan option. Details regarding the plan, such as its features and cost. Check out this material very carefully.
- Normally, to subscribe to the business card premium plan, you must provide payment information. This can include bank account information or credit card information for recurring payments. To securely enter this information, follow the steps.
- Revolut Business may give a summary of your subscription plan and its associated costs before finalizing your upgrade. To ensure accuracy, please review this information.
- After making your choice, activate the upgrade. You might also need to accept terms and conditions, depending on the system. Your business account should now have access to the Premium Plan after confirming the upgrade.
The main features of the Revolut Business Card Premium Plan:
- i) Multi-Currency Accounts: In the Revolut Business Card Premium Plan, you can access accounts in multiple currencies, which allows your business to hold and conduct transactions in different currencies.
- ii) Expense Management: Revolut Business provides tools to efficiently manage and track expenses, helping businesses keep a close eye on their spending.
iii) Free International Payments: The Revolut Business Card Premium Plan lets you enjoy the convenience of making international payments without incurring any additional fees.
- iv) Cashback on Card Payments: Receive up to 5% cashback on your card payments, giving you a financial incentive for using your Revolut Business Card.
- v) Higher Monthly Limits: Benefit from increased monthly limits for free international transfers, offering more flexibility in your financial transactions.
- vi) Fee-Free ATM Withdrawals: Revolut Business Card Premium Plan gives you the freedom to withdraw cash from ATMs up to a specified limit each rolling month without any associated fees.
vii) Purchase Protection: Gain comprehensive purchase protection, providing added peace of mind when making business-related purchases.
viii) Business Concierge Service: Access a business concierge service that can provide various forms of support and assistance tailored to your business needs.
- Multi-Currency Accounts: You can access accounts in multiple currencies, which allows your business to hold and conduct transactions in different currencies.
- Expense Management: Revolut Business provides tools to efficiently manage and track expenses, helping businesses keep a close eye on their spending.
- Free International Payments: Enjoy the convenience of making international payments without incurring any additional fees.
- Cashback on Card Payments: Receive up to 0.4% cashback on your card payments, giving you a financial incentive for using your Revolut Business Card.
- Higher Monthly Limits: Benefit from increased monthly limits for free international transfers, offering more flexibility in your financial transactions.
- Fee-Free ATM Withdrawals: You have the freedom to withdraw cash from ATMs up to a specified limit each rolling month without any associated fees.
- Purchase Protection: Gain comprehensive purchase protection, providing added peace of mind when making business-related purchases.
Does the Revolut Business Card Premium Plan offer any enhanced security features?
Revolut places a high priority on protecting your business finances and uses some features and tools to do so. They place a high priority on protecting your personal information. These features include:
- a) Two-Factor Authentication: Revolut normally offers the choice to set up two-factor authentication (2FA) for increased protection when logging into your account.
- b) Card Controls: You can usually establish spending restrictions, enable or disable contactless payments, and immediately block or unblock your card through the mobile app to control how your Revolut Business Card is used.
- c) Location-Based Security: Revolut gives you the option to enable location-based security, which limits the geographic areas where your card will operate.
- d) Instant Card Freezing: To stop unauthorized transactions, you may normally rapidly freeze your card via the mobile app if you misplace it.
- e) Real-Time Transaction Notifications: You will be informed of each transaction made using your Revolut Business Card, enabling you to quickly identify any questionable activity.
- f) Virtual Cards: By using virtual cards for particular online transactions, you can lessen the chance that the details of your physical card will be stolen.
- g) Tracking of Expenses and Transactions: Revolut’s business accounts frequently come with effective tools for tracking Expenses and Transactions, assisting you in promptly identifying and dealing with any unexpected or unauthorized expenditures.
- h) Regulatory Compliance: Revolut generally complies with financial legislation and uses security measures to safeguard your funds in compliance with these regulations.
How does the pricing of the Revolut Business Card Premium Plan compare to their other subscription options?
More sophisticated features, like multi-currency accounts, expenditure management tools, and cashback on card purchases, were often available with the Revolut Business Card Premium Plan than with the standard plans. But the monthly or yearly price for these extra features was greater. Financial institutions’ premium plans can range in price depending on the kind of services and perks they offer, making them a good option for companies with more complicated financial requirements or those who deal internationally frequently.
For smaller firms or those with less complex financial needs, the Revolut Business regular plans were frequently more affordable. The business card premium plan offers basic banking services and frequently permits free foreign payments up to a predetermined amount, making it a useful option for small businesses or startups seeking to efficiently handle their funds without the need for premium features. The decision between the Premium Plan and alternative subscription choices ultimately comes down to the particular requirements and financial constraints of the company.
Customer Support For The Users Of Revolut Business Card Premium Plan
In-App Support: All Revolut Business users, including subscribers to the Premium Plan, have access to customer service through the mobile app. This frequently included a chat option that let customers interact with customer service agents to ask inquiries, fix problems, or request assistance. Response times varied but were frequently relatively quick, making it a practical option to receive assistance.
Priority assistance: When calling customer assistance, Premium Plan subscribers frequently receive priority or quicker response times. As a result, their questions and problems received more attention than those of users on standard plans, resulting in quicker fixes.
Travel-Related Benefits Associated With The Revolut Business Card Premium Plan
Foreign Exchange: Users of the Revolut Business Card Premium Plan had access to multi-currency accounts, enabling them to store and conduct transactions in different currencies. Businesses engaged in international trade or travel can benefit from this feature since it lowers currency conversion expenses and gives users more control over foreign exchange rates.
Fee-Free International Payments: Typically, the Premium Plan includes the option to send money abroad without paying additional fees. Businesses that engage in cross-border transactions benefit from this since it lowers transaction costs and gives them a competitive edge when interacting with clients and partners around the world.
For companies looking for cutting-edge financial solutions and more freedom in managing their funds, particularly in an international setting, the Revolut Business Card Premium Plan offers a compelling alternative. It sought to meet the demands of companies involved in worldwide trade and finance with features like multi-currency accounts, fee-free international payments, and cashback incentives. Though it comes with a larger price tag than regular plans, it is crucial for organizations adopting this plan to assess its cost-effectiveness against their unique requirements. For more information on the Revolut Business Card Premium Plan, visit NowandLive.