I do like the fact that they’re so far the only multi-currency spending account in the US that allows you to swap between currencies at reasonable rates (the Travelex card’s rates are positively predatory by comparison) but yeah, the itchy trigger fingers in the compliance department are keeping me from really using the card (I’ve topped up with $20-50 at a time to kind of “fool around” with the card).
Oh, that and the fact that top-ups are processed in the UK. Revolut would be much improved if they processed card top-ups in the US, because at this point their main selling point is dampened by the fact that to top up from most US bank debit cards will cost a foreign transaction fee even if you do the top-up in US$ because their fee applies to US$ transactions processed overseas as well. At this point, the only cards I can top up my Revolut account from without an additional fee are my TransferWise card, my SoFi card, and my Fidelity card, and at that point the only reasons I’d go through Revolut over using those cards directly are if I want to use virtual cards or if I want to lock in an exchange rate (and even then, if I’m going to a country like Thailand I’d also need to consider Revolut’s Thai baht markup and the fact that if I used SoFi or Fidelity directly, they’ll reimburse my ATM fee whereas Revolut won’t).
And now we’ve gone a bit off-topic, talking about Revolut in a thread that’s supposed to be about Monzo.