Revolut Card

[Alidiver]

Has anyone tried the Revolut card as regular payment for pension into Thai bank account. 

It uses interbank exchange rate and charges 0.5%. I don't know if this is good or bad compared with other means. 

Edited October 24, 2019 by Alidiver
Typo

[scubascuba3]

I don't think it uses interbank rate for thai baht and Russian ruble, check the small print. Certainly that was the case for the card for purchases and ATM withdrawals so i closed my account

[wgdanson]

Are you meaning transfer GBP into THB into your Revolut THB account and then sending those THB, or sending GBP to say Bkk Bank and letting them do the exchange? 

[KneeDeep]

GBP > THB 1% off the Interbank rate during the week and 2% during the weekend.

[Alidiver]

Personally, I was thinking of loading it with UK sterling, transferring to Thai Baht and withdrawing either over the counter of a bank or via an ATM.

More generally, I thought it may be useful for retirees, using the monthly payment into a Thai bank.

[scubascuba3]

Personally, I was thinking of loading it with UK sterling, transferring to Thai Baht and withdrawing either over the counter of a bank or via an ATM.
More generally, I thought it may be useful for retirees, using the monthly payment into a Thai bank.

There are better £ options such as:

Halifax Clarity card for withdrawals
Starling Bank card for withdrawals
Transferwise for transfers

[sikishrory]

I downloaded the app and tried to set up yesterday using Thai address and it says not available in Thailand.