Managing loan scheduled repayments
How to view your repayment schedule
In the Revolut app:
- Go to ‘Home’ on the bottom menu
- Below your balance, tap 'Accounts'
- Choose the loan you want to manage
- Tap 'More'
- Select 'Statement' to see the remaining loan schedule (from the current moment until the final payment
Repay your loan
Monthly repayments are debited from your Revolut EUR personal account on the scheduled repayment date.
Make sure your EUR Pocket has sufficient funds before the repayment date, as we may debit your account at midnight. When you signed the loan agreement, you authorised this monthly payment.
How to set up and make repayments from a back-up card
If your Revolut EUR account balance is too low to make your repayment, we can debit a back-up card instead (as long as your external card is eligible).
To set up a back-up card:
- Go to ‘Home’ on the bottom menu
- Below your balance, tap 'Accounts'
- Choose the loan you want to manage
- Tap 'More' or 'Details'
- Choose a back-up card
Change repayment date
If you want to pay your next instalment earlier or later than scheduled, this requires a change in the repayment schedule agreed. To do so, you'll need to change the repayment date in the app for another day in the same month and the payment will be automatically debited on the new chosen date.
If you make a manual repayment in-app ahead of the due date, it’s considered an early partial repayment, which will reduce your outstanding principal but won't change upcoming scheduled repayment dates.
How to change your repayment date
- Go to ‘Home’ on the bottom menu
- Below your balance, tap 'Accounts'
- Choose the loan you want to manage
- Tap 'More'
- Select 'Change day'
- Choose a date between the 1st and 28th. It’s not possible to change the repayment date to the 29th–31st of the month
You can change your repayment date if:
- you don't have any overdue amounts
- you haven’t made a change to your repayment date in the current repayment period
- you choose a date in the same calendar month. Only one repayment can be scheduled for each calendar month, and you can’t move your payment to the next or previous month