I’m doubting my use of the word trustworthy in relation to Govt.
Description
243. Under PSDII, retailers will no longer be able to charge consumers to use payment instruments for which interchange fees are regulated under the Interchange Fee Regulation (IFR) ((EU) 2015/751). This includes the majority of consumer debit and credit cards.
244. Not all retailers currently surcharge and, where they do, the Consumer Rights (Payment Surcharges) Regulations 2012 limits this to the cost borne to the retailer when making the transaction. The regulations ban excessive payment surcharges being charged to consumers, while allowing traders to recover the fees directly charged to businesses for taking payments from consumers.
What your Link branded card? It won’t change for as long as you have that card. I don’t think newly issued cards have the link logo on the back anymore. (Cards issued by Smile bank has not had the logo for quite a few years now.)
The thing that still puts me off revolut is the constant stream of “help, my account’s been locked and I can’t get at my money” posts in their community.
I thought they were supposed to be a bank. They’re not. Some account aggregator thing that’s not as good as anything out there already. Completely underwhelmed by Tandem.
At the moment they are just doing credit cards (in process of offering people to apply) I believe 500 invites for the credit card are going out this or next week.
They bought Harrods for the banking licences but don’t believe this to be finalised yet? (If anyone can confirm or correct me)
Apps working fine for myself. I really like it.
Dutch bank bunq (a new startup like Monzo) are expanding rapidly
Last Friday they broke their record of cards ordered and issued all of their Maestro card stock (they supply MasterCard Debit and Maestro Debit).
Like any good business they have a backup plan. That’s why all card orders in the coming weeks will receive a temporary card. They’ll automatically send a replacement when their next batch of cards is ready.
They also used this surge in business as a chance to refresh the Maestro card’s design.