Do you want to find ways to make money with Revolut?
If you’re seeking guidance on how to receive money on Revolut, you’ve come to the right source. In this blog post, I will present five effective methods to facilitate money transfers and deposits into your Revolut account.
To initiate your earnings on Revolut, the first step is to create an account. Fortunately, there are no subscription fees associated with a Revolut account. Additionally, you have the opportunity to try out the Revolut Premium plan for just £0, essentially receiving a cashback of £20.99 as part of Revolut’s promotional offer.
It’s important to note that if you decide to avail yourself of the Revolut Premium trial and order a Revolut Premium card, which includes express shipping at no additional cost, canceling the plan will incur a fee of £16/€14. However, if you opt not to order the physical Revolut card, no cancellation fees will be applicable.
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Utilizing the Revolut <18 Invite Code
Once you have successfully set up your Revolut account, you can access the “Hub” section and make use of the ongoing referral campaign specifically designed for teenagers. You have the option to share the Revolut <18 invite code with your children or teenagers within your family.
Once the young individual signs up using the invite code, both you and them will receive an additional £5 credited to your respective Revolut accounts.
It’s worth noting that the Revolut <18 accounts are provided at no cost, ensuring accessibility for teenagers.
Engage in Crypto Staking with Revolut
Revolut offers the option for adult users to buy, sell, and stake cryptocurrencies. Once you have purchased a cryptocurrency through the Revolut app, you can opt to stake it in return for rewards.
Revolut supports crypto staking for the following cryptocurrencies: Ether, Tezos, Cardano, and Polkadot.
To access the crypto staking feature, simply navigate to the “Crypto” tab within your Revolut app and select “Earn.”
Revolut provides rewards with an annual percentage yield (APY) of up to 12.43% on selected cryptocurrencies. These rewards are distributed on a weekly basis, and you also have the option to restake them, taking advantage of the compounding interest effect. If you decide to sell your crypto holdings, please note that Revolut will require a 29-day holding period before your assets are unlocked.
Earning Money With Revolut Metal
If you opt for the Revolut Metal subscription, you’ll have the opportunity to earn cashback on your transactions. Within Europe, you’ll receive 0.1% cashback, while outside Europe, you’ll earn 1% cashback. The maximum cashback amount you can receive per month is £12.99. If you reside outside of Europe, it’s highly likely that you’ll reach the maximum cashback limit every month.
By investing £120 in the Revolut Metal plan, you can earn £2.99 per month by making the most of the cashback feature offered by Revolut Metal.
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Earning Money With Vaults
Unlock the doors to financial prosperity with the incredible feature called “Vaults” in your very own Revolut app. Designed to revolutionize the way you manage your money, Vaults provide an exceptional opportunity to earn substantial returns on your hard-earned funds while ensuring complete flexibility and control over your savings.
To embark on this exciting journey, simply navigate to the “Hub” section within your Revolut app and discover the magical world of Vaults. With just a few taps, you can create your personalized vault and start depositing funds, turning it into your own digital treasure trove.
By depositing your money into a Vault, you not only safeguard your funds but also open the door to a myriad of lucrative possibilities. Whether you’re saving up for that dream vacation, a down payment on a new home, or simply building an emergency fund, Vaults offer a secure and rewarding avenue to grow your wealth.
Now, let’s talk about the icing on the cake – the interest rate. When you deposit money into your Vault, you’ll start earning interest on your balance. The exact interest rate you receive depends on various factors, including your chosen Revolut plan and the currency of your deposits. Rest assured, Revolut has tailored different plans to cater to the diverse needs of its users, ensuring everyone can find the perfect fit.
Imagine watching your savings grow effortlessly, as each passing day contributes to the gradual accumulation of wealth. Revolut’s competitive interest rates coupled with the power of compounding ensure that your money works diligently for you, multiplying your initial deposit over time.
In conclusion, there are numerous avenues to generate income with Revolut. The choice of strategy ultimately rests with you, based on your preferences and goals. Revolut provides a remarkable digital banking experience, and personally, I have found success in utilizing the Revolut Metal plan to earn monthly income.
For more options, check out our list of the best sites that pay you to sign up.
Additionally, Revolut presently extends a three-month trial period for the Revolut Premium account. If you’re contemplating trying out Revolut firsthand, this is an exceptional opportunity to do so.
Feel free to ask any further questions or clarify any doubts you may have.