By Amelia Isaacs on Monday 31 October 2022
UK customers can get 1% cashback on every crypto purchase they make with Revolut for a limited time.
After a big few months for Revolut on the cryptocurrency front, a crypto payment feature is landing on the super app tomorrow.
As of 1 November, Revolut customers will be able to spend their cryptocurrency on everyday purchases.
The “spend from crypto” feature will let users choose crypto when they go to pay, and all they need to do is choose a crypto balance to spend from on the app.
For a limited time, Revolut is giving customers one per cent cashback on all crypto balance spend as long as they opt-in.
Currently the cashback promotion is only available to customers in the UK and the company has not disclosed how long it will run for.
There has never been a better time to be using crypto on Revolut.
In August, the fintech added another 22 currencies, bringing the total on offer to more than 40.
The most popular cryptocurrencies held on the app are currently Polkadot – one that users can earn for free by completing Revolut’s crypto learning courses – followed by Bitcoin, Ether, XRP, DogeCoin and Cardano.
Other tokens on the app include Solana, Shiba Inu, Ankr and Loopring.
Last month Revolut was added to the Financial Conduct Authority’s crypto asset register, officially giving it the right to offer crypto services in the UK.
21 March 2023
Daniel Lanyon