Revolut Terms of Service

These are the rules that govern your Revolut Personal Account: what you can use it for, how your money is protected, and when Revolut will or will not reimburse you. Your money is safeguarded in dedicated bank accounts or regulator-approved assets rather than covered by the Financial Services Compensation Scheme. If you are scammed into making a payment, you may be able to claim up to £85,000 back, but you must report it within 13 months and each claim carries a £100 deduction.

This document establishes the core contractual framework governing Revolut Personal Accounts, defining the conditions of access, permitted use, and the financial rights and obligations of both parties. It restricts personal accounts to non-commercial use, prohibits account duplication and re-registration after prior closure, and treats the addition of a card to a device as blanket authorisation for any user of that device to make payments. It sets explicit financial limits on APP scam reimbursement — a £85,000 ceiling and £100 excess per claim, conditioned on a post-7 October 2024 occurrence and 13-month notification window — while excluding refund obligations where customer fraud, intentional failure, or carelessness contributed to loss. The document further reserves Revolut's right to offset debts from any sole or joint account balance without notice, to suspend or close accounts and linked services immediately in exceptional circumstances, and to modify its terms on two months' notice through the Revolut app.

For an individual user, the most consequential aspects of this document are: your account is for personal use only and Revolut treats business use as a breach that can lead to account closure; adding your card to a device authorises anyone with access to that device to make payments, making you responsible for resulting transactions; Revolut can deduct money you owe it from any Revolut balance you hold — including joint accounts — without prior notice; and users aged 16–17 cannot access any lending products, including Buy Now Pay Later. If you believe you have been a victim of an APP scam that occurred on or after 7 October 2024, you can notify Revolut of your claim — but you must do so within 13 months of the last relevant transaction to be eligible for reimbursement.