Revolut’s Metal card offers customers cryptocurrency cashback

Fintech darling Revolut today offered customers cashback in the form of cryptocurrency if they sign up to its new Metal account tier, as it aims to generate more revenue from its 2.5m customers.

Those who adopt the steel card can get up to one per cent cashback in either fiat or digital currency on transactions made outside Europe, withdraw up to £600 each month from foreign ATMs without incurring charges, and enjoy a “dedicated concierge service” for leisure activities.

Founder and CEO Nik Storonsky promised future benefits would include commission-free trading on his company’s forthcoming platform and airport lounge access, as he targets extra income streams.

“The launch of Revolut Metal is also an important step towards the company generating additional revenue, especially as we prepare to launch a commission-free trading platform and expand the business into North America and Asia later this year,” he said.

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