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How smart estimation for custom assets works

Smart estimation uses AI to help you track the indicative current and future value of your custom assets automatically. Instead of manual updates, the app provides estimated value changes based on publicly available information sourced by AI.

The custom assets feature is wholly and exclusively dependent on data and input provided by you, not Revolut. Estimated values generated by AI are not verified by Revolut and may not be accurate. Estimated valuations of property are not accredited valuations and must not be formally relied on.

Revolut is not able to guarantee the accuracy of estimated valuations generated by AI and disclaims any consequences or liability of them being inaccurate. They shouldn’t be used as a basis for financial decisions.

How does smart estimation work?

When you add a custom asset (like a vehicle, property, or watch), you can toggle on Smart estimation to receive periodic updates on its value.

  • AI-powered: the AI estimates the indicative current value of your asset by reference to publicly available information processed by AI large language models (LLMs). They do not involve human appraisal or manual verification by Revolut, and in no case amount to a guarantee or commitment by Revolut
  • Monthly updates: the smart estimation toggle refreshes your asset's estimated value monthly, starting from the day you turn it on
  • Automatic tracking: once enabled, the app handles the estimated value adjustments for you so you don't have to update them manually

Can I manually adjust the estimated value?

If you feel the AI-generated estimate is not accurate for your specific item, you can manually adjust the current value at any time.

  • Go to your 'Total wealth analytics' and select the asset
  • Tap 'Adjust current value'
  • Enter the new amount and tap 'Confirm'

Please note, manually adjusting the value will turn off smart estimation for that specific asset.

Processing personal data

Revolut processes your personal data in relation to the Smart estimation tool. Some of your personal data, which Revolut obtains in the context of your relationship with your Revolut account offering entity, will be shared with other Revolut group entities and with third parties.

For more information about how Revolut processes your personal data, see our Customer Privacy Notice.