Revolut has become one of the most popular digital banking apps, allowing users to manage their money on the go. With its budgeting tools, easy money transfers, and crypto exchange feature, Revolut aims to be an all-in-one financial solution.
However, as useful as Revolut may be, you may reach a point where you no longer want or need your account. Maybe you want to simplify your finances or have privacy concerns. Regardless of the reason, deleting your Revolut account is fairly straightforward.
In this step-by-step guide, I’ll walk you through the entire Revolut account deletion process.
Reasons to Delete Revolut Account
Revolut may close your account for the following reasons:
- Suspicious activity: If Revolut suspects fraudulent use or detects suspicious transactions.
- Serious violations: If you repeatedly breach their terms and conditions.
- Non-payment: If you fail to pay owed amounts.
- Other reasons: If Revolut deems your app usage harmful or if you neglect to verify or update your identity.”
Steps to Deleting Your Revolut Account
Deleting your Revolut account is a simple process. Follow these steps:
- Access Your Account Settings: Open the Revolut app and tap on your initials or profile icon in the top left corner.
- Navigate to Account Settings: Scroll down and tap on “Accounts.”
- Choose the Close Account Option: Find and tap on “Close Account.”
- Provide Reason for Closure: Select a reason for closing your account if prompted.
- Confirm Closure: Follow the prompts to confirm your decision.
- Keep or Close Your Account: Decide whether to keep your account open or proceed with closure.
- Finalize Closure: Complete any remaining steps required by Revolut.
- Confirmation: Await confirmation of your account closure.
By following these steps, you can swiftly delete your Revolut account and move forward.
What happens when you delete your Revolut account?
Deleting your Revolut account results in the complete erasure of all associated personal data, including transaction history, saved transfer locations, and other provided information. Your account balance will be withdrawn to a linked bank account or donated to charity.
What are the disadvantages of Revolut?
Potential disadvantages of Revolut include the absence of FDIC insurance protection for USD balances, the risk of sudden account freezes, and limitations on where their virtual debit cards are accepted. Additionally, free accounts come with transaction limits.
Why can’t I close my Revolut account?
Common reasons for inability to immediately close a Revolut account include having a negative balance or pending transactions. To proceed with account closure, you must rectify the negative balance, cancel pending orders/payments, and withdraw any remaining funds.
How do I delete a currency account on Revolut?
To delete a specific currency wallet on Revolut while keeping your account open, reach out to customer service via in-app chat or email. Specify the currency account(s) you wish to remove to consolidate all balances to your primary currency.
Is there a fee to close my Revolut account?
Revolut does not impose any account closure fees. You can delete your Revolut account at any time without charge, provided you have withdrawn or transferred any remaining balance beforehand.
I’m Kevin Harkin, a technology expert and writer. With more than 20 years of tech industry experience, I founded several successful companies. With my expertise in the field, I am passionate about helping others make the most of technology to improve their lives.