How Does the Revolut Virtual Card Work? A Quick Guide!

The Revolut virtual card works by generating a digital card number for online purchases. It enhances security and convenience for users.

Revolut’s virtual card is a digital card that allows users to make secure online transactions without using their physical card. It helps protect against fraud by providing a unique card number for every transaction. Users can instantly create and manage these cards via the Revolut app.

This flexibility makes it easy to control spending, as you can set limits or freeze the card if needed. Ideal for online shopping, subscriptions, or travel bookings, Revolut’s virtual card offers peace of mind and enhanced financial control. It integrates seamlessly with Revolut’s other banking features, providing a comprehensive digital banking experience.

Setting Up A Revolut Account

Setting up a Revolut account is the first step to using a Revolut virtual card. The process is simple and quick. Below are the steps you need to follow.

Creating An Account

To create a Revolut account, follow these steps:

1. Download the Revolut app from the App Store or Google Play.
2. Open the app and click on the “Sign Up” button.
3. Enter your phone number and create a secure password.
4. Follow the on-screen instructions to complete the sign-up process.

Verifying Your Identity

After creating your account, you need to verify your identity. This step ensures your account’s security and compliance with regulations.

Here’s how you can verify your identity:

1. Open the Revolut app and go to the “Profile” section.
2. Click on “Personal Details” and then “Verify Identity.”
3. Upload a photo of a government-issued ID (passport, driving license, or national ID).
4. Take a selfie to confirm your identity.
5. Wait for the verification process to complete, which usually takes a few minutes.

Once your identity is verified, you can start using your Revolut account and enjoy the benefits of a Revolut virtual card.

Step	Description
1. Download App	Get the Revolut app from the App Store or Google Play.
2. Sign Up	Enter your phone number and create a password.
3. Verify Identity	Upload your ID and take a selfie.
4. Start Using	Use your Revolut account and virtual card.

Generating A Virtual Card

The Revolut virtual card is a secure and convenient way to manage online payments. You can create a virtual card easily through the Revolut app. This card can be used for online shopping, subscriptions, and other digital transactions without exposing your physical card details.

Steps To Create A Virtual Card

1. Open the Revolut app: Ensure you are logged in to your account.
2. Navigate to ‘Cards’: Tap on the ‘Cards’ tab at the bottom of the screen.
3. Select ‘Add a new card’: Choose the option to add a new card.
4. Choose ‘Virtual Card’: Opt for a virtual card instead of a physical one.
5. Confirm your choice: Follow the on-screen instructions to confirm.
6. Use your new virtual card: Your virtual card details are now ready for use.

Types Of Virtual Cards Available

Revolut offers different types of virtual cards, each with unique features. Here is a table summarizing the options:

Type of Virtual Card	Features
Standard Virtual Card	Basic security for everyday online transactions.
Disposable Virtual Card	Generates a new card number after each use for extra security.
Premium Virtual Card	Exclusive features and benefits for premium account holders.

Choose the virtual card type that best suits your needs. Each card offers security and convenience for your online transactions.

Using The Virtual Card

Revolut’s virtual card is a digital payment card. It works just like a physical card. You can use it for online purchases and subscription services.

Online Purchases

The virtual card is perfect for online shopping. It provides a safe way to buy items on the internet. Simply enter the card details at checkout. No need to use your real card. This adds an extra layer of security.

The Revolut app displays your virtual card details. You can copy the card number, expiry date, and CVV code. Paste these details into the payment form. It’s quick and easy.

Using a virtual card helps prevent fraud. If a website gets hacked, your real card stays safe. You can also create a new virtual card anytime. This is useful if you think your card details are stolen.

Subscription Services

Revolut’s virtual card is great for subscription services. Use it to pay for Netflix, Spotify, or other subscriptions. You can manage all your subscriptions in one place.

Setting up a subscription is simple. Go to the subscription service’s website. Enter your virtual card details. The service will charge your Revolut account.

You can cancel your virtual card at any time. This is useful for trial subscriptions. No need to worry about unwanted charges. Just cancel the card before the trial ends.

Manage your spending easily. The Revolut app shows all your transactions. You can see what you are paying for each service.

Security Features

The Revolut virtual card is designed with top-notch security features. These features help protect your money and personal information. Let’s explore some key security elements.

Temporary Card Numbers

Revolut offers temporary card numbers for online transactions. These numbers expire after one use. This feature helps prevent fraud. If someone steals your card number, they cannot use it again.

Spending Limits

You can set spending limits on your Revolut virtual card. This helps control your expenses. It also adds an extra layer of security. If someone gets your card, they cannot spend more than your set limit.

Here’s how you can set spending limits:

1. Open the Revolut app.
2. Go to the ‘Cards’ section.
3. Select your virtual card.
4. Set your desired spending limit.

These security features make the Revolut virtual card a safe choice for online payments.

Managing Your Card

Revolut virtual cards are easy to manage. You can control them anytime. This section explains how to manage your card. Learn about freezing and unfreezing your card. Find out how to replace a card quickly.

Freezing And Unfreezing

If you lose your card, you can freeze it. Open the Revolut app. Tap on your card. Select Freeze Card. This stops all transactions. If you find your card, you can unfreeze it. Tap Unfreeze Card in the app. Your card will work again.

Replacing A Card

Sometimes, you need a new card. Maybe your card is lost. Maybe it is damaged. You can replace it easily. Follow these steps:

1. Open the Revolut app.
2. Go to the Cards section.
3. Select the card you want to replace.
4. Tap on Order a replacement.

Your new card will arrive soon. You can start using it immediately.

Fees And Charges

Understanding the fees associated with the Revolut Virtual Card is essential. This helps you manage your finances effectively and avoid unexpected costs.

Usage Fees

Revolut offers a variety of plans, each with its own set of usage fees. Below is a table summarizing the fees for different plans:

Plan	Monthly Fee	Card Issuance Fee
Standard	Free	Free
Plus	$2.99	Free
Premium	$9.99	Free
Metal	$13.99	Free

Standard plan users get the virtual card for free. Other plans offer additional features with a monthly fee.

Currency Conversion Rates

Revolut provides competitive currency conversion rates. The rates depend on the plan you choose.

• Standard Plan: Interbank exchange rates on weekdays.
• Plus Plan: Interbank exchange rates on weekdays.
• Premium Plan: Interbank exchange rates with no added fees.
• Meal Plan: Best available rates with no added fees.

Weekends may incur a small markup. This ranges from 0.5% to 2% depending on the currency.

For example, the conversion fee for USD to EUR is 0.5% on weekends. This helps you save on currency conversion costs.

Benefits And Drawbacks

Using a Revolut virtual card has its own set of benefits and drawbacks. Understanding these can help you decide if it fits your needs. Below, we explore the advantages and potential limitations of using a Revolut virtual card.

Advantages Of Using A Virtual Card

A Revolut virtual card offers many benefits that can improve your financial experience. Below are some key advantages:

• Enhanced Security: Virtual cards reduce the risk of fraud. They are not linked to your physical card.
• Instant Issuance: You can create a virtual card immediately. No waiting for delivery.
• Global Acceptance: Use the card anywhere online. It works like a regular card.
• Temporary Usage: Disposable virtual cards can be used for one-time payments. This adds an extra layer of security.
• Control and Limits: Set spending limits on your virtual card. This helps manage your budget effectively.

Potential Limitations

Despite the benefits, there are some drawbacks to consider. Here are the potential limitations:

• No Physical Card: You cannot use a virtual card for in-store purchases. It is only for online transactions.
• Limited Customer Support: Some users find the support for virtual cards lacking. This can be an issue if problems arise.
• Verification Issues: Some merchants may not accept virtual cards. This can limit where you can shop.
• Expiration Dates: Virtual cards have expiration dates. You need to manage them carefully.

Weighing these pros and cons can help you decide if a Revolut virtual card is right for you. Make sure to consider both the benefits and drawbacks before making your decision.

Customer Support

Revolut offers robust customer support for its virtual card users. The support team helps resolve issues quickly. Here’s a guide on accessing help and resolving problems.

Accessing Help

Revolut’s customer support is available through multiple channels. You can find answers in the app. Follow these steps to access help:

• Open the Revolut app.
• Click on the profile icon.
• Select Help from the menu.
• Browse through the FAQs or use the search bar.

If you still need assistance, you can chat with a support agent. The chat option is available 24/7. It ensures you get help anytime you need.

Resolving Issues

Common issues can often be resolved by following simple steps. Here are some frequent problems and their solutions:

Issue	Solution
Card not working	Check your balance and card status in the app.
Transaction declined	Ensure you have enough funds and correct details.
Lost or stolen card	Freeze the card immediately using the app.

If these steps don’t resolve your issue, contact support through the chat. An agent will assist you further. For urgent matters, use the phone support option.

Frequently Asked Questions

Conclusion

Revolut Virtual Card simplifies online transactions with enhanced security features. It offers convenience and control over spending. By using Revolut Virtual Card, you can protect your financial data while enjoying seamless online shopping. Explore the benefits of Revolut and take control of your digital payments today.