VAT refund in Thailand: A complete guide to tax-free shopping in Thailand
Learn how to claim your VAT refund in Thailand with our comprehensive guide, perfect for UK travellers. Discover the VAT refund process to maximise your savings
Planning the trip of a lifetime to Thailand? Or perhaps you’re moving there, to work, study or visit relatives. Whichever is the case, you’ll need a low cost way to spend while you’re there.
Popular money app Revolut could be a good option for spending, transferring and managing your money in general. But does Revolut work in Thailand?
The good news is that yes, you can use Revolut in Thailand. However, not every feature is available.
We’ll cover everything you need to know here in this handy guide, so read on.
Plus, we’ll take a quick look at an alternative for low-cost overseas spending - the Wise international debit card.
Revolut doesn’t currently operate in Thailand. This means there isn’t a dedicated Revolut Thailand website and you can’t sign up as a new customer there.
However, you can still use a Revolut account from another supported country (such as the UK) when visiting Thailand.
If you’re looking to spend and withdraw cash using your Revolut card during your trip to Thailand, you’re in luck.
The card supports spending in Thai baht (THB).¹ So, you should be able to use your Revolut card to pay in the local currency anywhere that accepts Visa or Mastercard. You can also withdraw cash at local ATMs.
However, it’s usually a good idea to have a little cash in baht with you, just in case cards aren’t accepted at a particular place.
You’ll also need to check exchange rates and currency conversion fees carefully. This is particularly important at weekends, when Revolut charges an additional fee to convert currency.²
You can also use Revolut to send money to Thailand in advance, such as to pay for holiday accommodation for example. And you can even do money transfers on the Revolut app once you’re there.
If you’re using a Revolut UK account though, you’ll need to stick to the limits and restrictions of your plan.
For example, if you’re on a free Standard plan, you’ll only be able to withdraw £200 a month in overseas ATM withdrawals for free. Go above this limit and you’ll pay a 2% fee.²
Want an alternative for convenient, low cost spending while in Thailand? Check out Wise, the perfect travel companion.
Open a Wise multi-currency account online and you can manage your money in 40 currencies, including GBP and THB.
There are no monthly fees to worry about. And you’ll only pay a low, transparent fee when you want to make a transfer or convert currency.
You can even get a Wise international debit card for spending in 174 countries, for a one-off charge of just £7, . It works all over the world, including Thailand. Whenever you spend, it automatically converts your money to THB at the mid-market exchange rate. So, you can spend like a local and be sure you’re always getting a great deal.
Please see the Terms of Use for your region or visit Wise fees & pricing for the most up-to-date information on pricing and fees. Wise Card: Country restrictions apply.See countries where the Wise Card is supported.
Sources used:
Sources last checked on date: 08-Jun-2023
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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