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Revolut Card Sweden

No Annual Fee

Travel benefits

Virtual Cards Available

Revolut Card Sweden

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Revolut offers a modern approach to banking with its entirely internet-based financial services accessible exclusively through its mobile app. Designed for the digitally savvy user, Revolut simplifies financial management by integrating various services directly on your smartphone, from handling daily transactions to engaging in foreign currency exchanges and investments.

With membership levels ranging from Standard to Premium and Metal, each offering tailored benefits, Revolut provides a versatile card solution that caters to diverse financial needs and lifestyles.

Interest and Fees for Revolut Credit Cards

Revolut operates differently from traditional banks by offering debit cards rather than credit cards, which influences its structure of interest and fees. Here’s a detailed look at the fees associated with the various Revolut card tiers—Standard, Premium, and Metal:

Revolut Standard

  • Annual Fee: 0 SEK (no yearly cost)
  • Currency Exchange Fee: No charge for currency exchange up to a monthly limit, after which a small fee applies.
  • ATM Withdrawals: Free withdrawals up to a specified monthly limit (e.g., 2,000 SEK), with a fee charged on amounts above this limit.

Revolut Premium

  • Monthly Fee: 76.99 SEK
  • Currency Exchange Fee: Unlimited currency exchange without additional fees.
  • ATM Withdrawals: Free withdrawals up to a higher monthly limit (e.g., 4,000 SEK) compared to the Standard card, with a fee applied above this threshold.
  • Additional Benefits: Includes travel insurance, increased withdrawal limits, and access to airport lounges through LoungeKey at a cost of 22 GBP per visit.

Revolut Metal

  • Monthly Fee: 139.99 SEK
  • Currency Exchange Fee: Unlimited free currency exchange.
  • ATM Withdrawals: Free withdrawals up to an even higher monthly limit (e.g., 8,000 SEK), with subsequent withdrawals subject to a fee.
  • Cashback: Offers cashback of 0.1% within Europe and 1% outside Europe on all card payments.
  • Additional Perks: Includes comprehensive travel insurance, higher withdrawal limits, exclusive concierge service, and access to airport lounges.

All Revolut cards offer significant travel advantages for those who travel frequently or engage in international transactions, providing substantial savings on foreign exchange fees compared to traditional banks. Each tier is designed to cater to different needs, from casual spenders with the Standard card to frequent travelers and high spenders with the Metal card.

Benefits of revolut cards

Revolut cards offer a comprehensive range of benefits tailored to enhance the banking and spending experience for their users. Each card tier—Standard, Premium, and Metal—comes with specific features and perks designed to cater to varying customer needs. Here’s a detailed overview of the benefits provided by each Revolut card:

Revolut Standard

  • No Annual Fee: Ideal for casual users, this card has no annual fee, making it cost-effective for everyday use.
  • Currency Exchange: Users can exchange currencies up to a certain limit each month without any fees, perfect for travelers and online shoppers.
  • ATM Withdrawals: Free ATM withdrawals up to a specified limit, beneficial for users who need cash while traveling.
  • Security Features: Includes advanced security measures such as card freezing/unfreezing and location-based security, ensuring safe transactions.

Revolut Premium

  • Enhanced Currency Exchange: Offers unlimited currency exchange without any fees, suiting frequent travelers and international spenders.
  • Increased ATM Withdrawal Limit: Higher free withdrawal limits compared to the Standard card.
  • Travel Benefits: Comes with comprehensive travel insurance coverage, including medical expenses and delayed baggage protection.
  • Lounge Access: Access to airport lounges worldwide through LoungeKey, enhancing the travel experience.
  • Exclusive Offers: Access to special promotions and discounts, adding extra value to the membership.

Revolut Metal

  • Cashback: Provides cashback on all card payments, higher for transactions made outside Europe.
  • Premium Travel Benefits: In addition to the benefits of Premium, Metal includes free lounge access, not just discounted entry.
  • Higher ATM Withdrawal Limits: Even greater free ATM withdrawal limits, ideal for heavy travelers.
  • Concierge Service: Access to a dedicated concierge service to assist with booking travel, dining, and more.
  • Exclusive Metal Card: A distinctive, heavy-duty metal card, offering a higher sense of prestige and durability.

Additional Features Across All Cards

  • Virtual Cards: All tiers include the option to create virtual cards for online shopping, enhancing security.
  • Disposable Virtual Cards: These one-time use cards further secure online transactions by changing card details after each transaction.
  • Cryptocurrency Support: Enables the buying, holding, and exchanging of cryptocurrencies directly within the app.
  • Stock Trading: Allows users to invest in stocks without paying commission fees, making it accessible for beginners and experienced traders alike.

Revolut’s array of benefits makes it an attractive option for a wide range of financial activities, from daily spending and travel to investing and saving, all managed seamlessly through a user-friendly app.

Alternatives to Revolut Cards

Credit Card Bank Norwegian

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Example: The variable credit interest rate is 21.99% (Feb 2024). The annual fee is SEK 0. Utilizing a credit of SEK 10,000 and repaying through 12 payments of SEK 936 over 12 months, the effective interest rate is 24.35%. The total amount to be repaid is SEK 11,233.

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*Example: Credit SEK 15,000, interest-free installment for 6 months, 6 installments of SEK 2,500 each, admin fee SEK 39 + setup fee SEK 97, effective interest rate 3.65%, excluding annual fee SEK 245. Total amount SEK 15,331.

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*Example: Credit SEK 10,000, interest-free installment for 6 months, 6 installments of SEK 1,667 each, admin fee SEK 39 + setup fee SEK 97, effective interest rate 5.82%. Total amount SEK 10,331..

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*Example: Total credit amount EUR 1,500. Term 1 year. APR 21.7%. Fixed debtor rate 18%. Monthly service fee EUR 1.44. Card issuance fee as set by the Bank. Total repayment EUR 1,670.90.

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Kristian Ole Rørbye

Af Kristian Ole Rørbye