Revolut Metal Card review: Should you get one in 2024?

If you’re just learning about challenger banks and fintech providers like Revolut¹ - or if you’re considering upgrading to Metal² from a free Revolut plan - this guide is for you.

We’ll walk through all you need to do about Revolut Metal - plus a quick introduction to an alternative for comparison - the Wise card, which you can get for a one-time fee and offers mid-market exchange rates, covering 170+ countries.

Overview

Revolut accounts are managed through the Revolut app, with a linked debit card for ATM withdrawals. While there are free Revolut Standard account options, you can also pay a monthly fee for a Revolut Premium or Revolut Metal account and card.

Here’s a quick overview of what you get with Revolut Metal, including features and fees:

• Revolut Metal has a 16.99 USD monthly fee⁴
• Metal cards are exclusive and made from reinforced steel
• ATM withdrawals in network are free, and you can make 1,200 USD/month of fee free out-of-network withdrawals too⁴
• All Metal currency exchange uses the mid-market rate - although out of hours fees may apply
• Metal Account holders get extra perks like additional accounts for younger family members and a higher interest rate than other Revolut customers

Pros & Cons

Pricing

We’ll walk through the features of Revolut Metal that make it different compared to the other plans offered by Revolut US. First, a quick comparison of the Revolut Metal plan pricing compared to the other account tiers:

Get a Wise debit card for a one-time fee

Open your Wise Account online and order a Wise debit card for a one time 9 USD fee. You’ll be able to spend any currency you hold for free globally, and make up to 2 international withdrawals to the value of 100 USD a month fee free, with low fees after that.

Top up your account in dollars or the currency of your choice - you’ll get local bank details for up to 10 currencies to get paid, and can hold 50+ currencies in your account. Wise always uses the mid-market exchange rate when converting currencies, so whether you’re exchanging within your account or letting the card do the hard work when you spend and withdraw overseas, you’ll know you’re getting one of the fairest rates out there and low conversion fees.

Order a Wise Account today

Please see Terms of Use for your region or visit Wise Fees & Pricing: Only Pay for What You Use for the most up-to-date pricing and fee information.

Features

So what’s the point of difference with the Metal account compared to the other Revolut plans on offer? Let’s walk through some of the benefits that come with Revolut Metal, in addition to many of the features included in the Revolut Standard or Premium plans.

Metal card

One of the defining features of the Metal account is that you’ll get a linked Metal card, which is literally made of reinforced steel. This type of card is exclusive to Metal account holders - and the first one you get is free, including free express delivery. It’s worth noting though that fees may apply for additional cards should you ever need them.

Cashback and rewards

Revolut offers personalized rewards⁶ when you spend with your Metal card and when you shop with Revolut partners online. There are differing reward rates for different spending categories, which can also include exclusive promotions and offers for account holders.

Travel features

Revolut Metal cardholders can hold and convert 25 currencies in their accounts, with the mid-market exchange rate every time. Some out of hours and currency fees can apply, though, so it’s worth reading the account terms carefully before you exchange. Your Metal card can be used for spending in 150+ currencies, and you’ll also get travel features including:

• Some accidental medical travel insurance
• Trip delay and expense coverage
• Trip cancellation and interruption protection
• Delayed, lost or damaged baggage cover and protection
• Free lounge passes for you and 3 others if your flight is delayed

Savings & investments

With the Metal account, you’ll earn the highest available amount of interest on your balance of any of the account options. While interest rates do vary, at the time of writing this is 1.2% APY². You can also use Revolut savings vaults to boost your savings, including rounding up purchases and stashing the difference, or having money regularly transferred into your savings.

If you’re more interested in investing in stocks, there’s also some fee free stock trading as part of the Revolut account package.

Other features

Revolut Metal customers can get up to 5 linked accounts for under 18s, which can be a handy feature if you have a family and want to give the kids linked cards.

You also get purchase and returns protection when you shop online, and a 24/7 priority customer support service.

Verdict: Should you get Revolut Metal?

Before you sign up for Revolut Metal, it’s worth comparing the features and fees of Metal against some other Revolut plans, as well as alternatives like the Wise debit card.

Whether Metal is worthwhile for you will depend on your priorities. The monthly fee can be fairly high, but the exclusive card is a bonus for some customers, and there are better interest rates and extra travel perks which are exclusive to Metal. Weigh up the benefits of the Metal account against the fees, to see whether it’s a good fit for your needs.

Frequently asked questions

What are the advantages of the Revolut Metal card?

The Revolut Metal card comes with some perks over other Revolut plans, including higher interest rates on your balance, additional travel features, and a 24/7 priority customer service option.

Is Revolut Metal card free?

There’s a monthly fee of 16.99 USD to have a Revolut Metal account. Once you have your account set up, you can get a card for free, including express delivery. Fees apply if you close your account within 10 months of opening it.

What is the difference between Revolut Premium and Metal?

Revolut Premium costs 9.99 USD a month, while Metal is more expensive at 16.99 USD³. Metal cards are physically different - made from reinforced steel. Metal account holders also get a few other perks like a higher APY on savings.

What happens if you cancel Revolut Metal?

If you close your Metal account within 10 days, there’s a fee of 55 USD. If you close your account within 10 months, you’ll pay 30 USD⁴. There’s no closure fee once you’ve kept your account open for at least 10 months.