How is the interest for my credit limit calculated?
As long as you pay your main balance in full by the end of next month, we won’t charge interest on purchases that you’ve made since your last statement.
If you don't pay off the whole balance each month on time, you will be charged interest on new purchases from the date the transaction appears on your account.
We charge interest on all cash withdrawal transactions from the date they’re added to your account to the date you pay them off. This will always apply, even if you pay your total outstanding balance in full by the end of next month.
Related Articles
With bank transfer
- Changes to Local Account Details Q1 2021
- How do I transfer money to my Revolut account from another bank account?
- Will I be charged for an inbound transfer?
- When will the money reach my Revolut account?
- Which currencies are supported for inbound transfers?
- Which countries are not supported for inbound transfers?
- What if my IBAN for SEPA transfer is not accepted?
- Can I receive bank transfers in INR?
- What should I do if a transfer doesn't arrive to my Revolut account?
- Why has the transfer to my account been reverted?
- Local CZK/HUF account details change for non-residents
Changes to Local Account Details Q1 2021
- What happens to payments sent to the local account details after 18 March 2021?
- Which details should I use instead, and where can I find them?
- I have recurring payments sent to my local account details, will I still receive them?
- Why are my local account details not visible in the Revolut App?
- Will my outbound transactions be disrupted by this change?
- Can I expect any hidden fees or delays?
- Can my salary still be paid into my Revolut account?
- Can I still top-up my Revolut account?
- I only use my Revolut account for the local account details, how can I close my Revolut account?
- Will I be charged for returned payments?