This was a long-awaited feature according to the nobank. Now, Revolut customers can open a joint account to manage accounts as a couple or between roommates. Everyone then has a physical card at no additional subscription cost.
Rent, water, electricity, food shopping… Dividing up current expenses is often synonymous with headaches when you are a couple or a roommate. To make the task easier, many people open a joint account. This option is now available to Revolut customers.
This was revealed by the online bank in a press release published on April 13. Often requested by customers, this feature is available now with the app’s new UX 9.0 update on iOS and Android.
A feature reserved for customers
All Revolut customers adults and domiciled in the European Economic Area (EEA) can take advantage of this new feature. As a couple, with friends, between relatives of the same family: with this feature, Revolut is aimed at all types of users. No document is requested from the co-holders to justify this opening, or to prove that they actually live together.
However, two conditions are necessary to be able to open a duo account: the accounts of the two applicants must be domiciled in the same countryand on the same Revolut branch. In concrete terms, two users of the nobank residing in France must both have a French IBAN (or remain on a Lithuanian IBAN). If one of the co-holders does not have a Revolut account, he will have to create one to be entitled to hold a joint account in the British nobank.
Joint account subscriptions are linked to the main individual subscription. The feature is available for all personal offers: Standard, Plus, Premium and Metal. Each co-holder benefits from a bank card associated with the joint account, identical to that included in the initial subscription and at no additional cost. For example, a Metal customer will receive a second free Metal card linked to their joint account. Regarding the Revolut Standard subscription (free), sending the physical card is charged 7.99 euros.
What is the new Revolut free offer worth
Many user experience improvements
For now, version 9.0 of the application limits this option only one joint account per person. The update also includes other user experience improvements. If an instant messaging function has already allowed users around the world since November 2022 to chat and share mojis, GIFs or stickers, Revolut is now launching the group discussions. This new feature allows several people to exchange payment details directly on the application, without having to go through a third-party messaging application.
The Revolut offer in detail