Business Plan Subscription (Basic)
Subscription
Subscription Fee
Subscription Type | Fee |
Paid monthly | A$10 per month |
Add Money
From a bank
Transfer Type | Transfer Amount | Fee |
AUD Transfers from bank accounts in Australia | Up to 10 inbound and outbound transfers per month (the Basic Transfer Allowance) | A$0 |
Any inbound or outbound transfers over the Basic Transfer allowance | A$0.20 per transfer | |
International transfers (inbound) | International transfers in USD, GBP, EUR and CHF | A$0* |
International transfers in any other currency | A$10 per transfer* |
*Note that intermediary and sending banks may also impose a charge on the sender.
Cards
Card Fees
Revolut Card Type | Number of Cards* | Fee |
Revolut Non-Metal Card | First Revolut Non-Metal Card per Authorised Team Member | A$0 |
Additional Revolut Non-Metal Card(s) This includes any replacements for lost or stolen cards. | A$9.99 per card | |
Standard Delivery | A$0 | |
Express Delivery | A$33.99 | |
Virtual Revolut Card | Per virtual card | A$0 |
* The Business is limited to holding three physical Revolut Cards per Authorised Team Member.
Spend
ATM Withdrawals
ATM Withdrawal Type | Withdrawal Amount | Fee |
Revolut Card ATM Withdrawal | Any amount* | 2% of the ATM withdrawal amount** For example, withdrawing A$100 will incur a A$2 fee. |
* The maximum amount of ATM withdrawals per day is limited to A$6,300.
** Please note that the ATM provider may still charge a fee to the Business for making an ATM withdrawal.
Send
Fiat Currency Transfers
Transfer Type | Number of Transfers | Fee |
Transfers to other Revolut users | Any amount | A$0 |
AUD transfers to bank accounts in Australia | Up to the Basic Transfer Allowance | A$0 |
Over the Basic Transfer Allowance | A$0.20 per transfer | |
Foreign Currency Transfers to bank accounts and AUD Transfers to bank accounts outside of Australia (except SWIFT (OUR) Transfers) | Any amount | A$10 per transfer |
SWIFT (OUR) Transfers: Pay the full intermediary bank fee amount for transfers processed by the SWIFT network, and ensure that the recipient receives the full payment amount. | Any amount | A$35 per transfer |
Automated Clearing House (ACH): Transfers to US bank accounts processed by the ACH network | Any amount | 0.2% of the transfer amount Subject to a minimum charge of A$0.88 For example, transferring A$500 will incur a A$1 fee |
* Note that intermediary and receiving banks may also impose a charge on the recipient.
Exchange
When a Business initiates a currency exchange in the Business app, we'll use a variable exchange rate, as set out in our Business Terms.
The exchange rates we offer do not include any fees within the rate of exchange. Rather, we apply a separate percentage-based fee as set out below, which is shown separately in the Business app whenever a currency exchange is made.
Exchange fees
Currency Type | Exchange Amount | Fee |
Fiat Currencies | Up to $1,000 per monthly billing cycle (the Basic Exchange Allowance) | A$0 |
Any amount over the Basic Exchange Allowance | 0.6% of the value of the exchange For example, exchanging A$1000 over the Basic Exchange Allowance will incur a A$6 fee | |
Cryptocurrencies | Any amount | 1.49% of the value of the exchange. For example, exchanging A$1000 of cryptocurrency will incur a $14.90 fee. |
Exchange fees applicable outside exchange market hours
An additional fee will apply to transactions made outside of exchange market hours. A transaction will be outside of exchange market hours if it is made between Friday 5pm and Sunday 6pm (New York time), which is a U.S. based time zone. For reference only, without taking into account daylight savings, the equivalent time period in Australia is approximately Saturday 7am to Monday 8am (AEST).
The Business will be able to see the relevant exchange rate and the total of any applicable fees prior to transacting.
Currency Type | Exchange Amount | Fee |
Fiat Currencies | Any amount | 1% of the value of the exchange For example, exchanging A$500 outside exchange market hours will incur a A$5 fee. |
Features
The Business may be charged for the use of certain product features by an Authorised Team Member as set out below.
The Business can disable an Authorised Team Member’s access to certain product features in the Business app at any time. If product features are disabled prior to the commencement of the next monthly cycle the Business won't be charged in that month.
Features fees
Feature Type | Fee |
Expenses feature | A$8 per month per active Authorised Team Member* |
* The Business will be charged for an Authorised Team Member after they submit or approve an expense for the first time.
Cancellation
The Business can cancel its subscription at any time. There are no fees charged for cancelling the subscription. Fees already paid by the Business will not be refunded (this includes any monthly Subscription Fee, meaning there is no pro-rata refund once the Subscription Fee is deducted from the Business Account).