I have both a N26 and Revolut cards.
I have used both to pay foreign currency transactions.
I recently paid online (weekday) for a hotel in Norway with my N26 card. For the first time I see a ‘markup’ fee. I was very surprised as N26 specifically market themselves as having no currency fees. I am still waiting for an official reply, (I expect this will take some time).
There was no “markup” on a USD transaction in March. So far I have been told it is a variable % that is the difference between the ECB exchange rate and the MasterCard rate. The percentage on my transaction was 1.53178% , which I consider high.
The only mention of “markup” on the N26 website is
I have used both to pay foreign currency transactions.
I recently paid online (weekday) for a hotel in Norway with my N26 card. For the first time I see a ‘markup’ fee. I was very surprised as N26 specifically market themselves as having no currency fees. I am still waiting for an official reply, (I expect this will take some time).
There was no “markup” on a USD transaction in March. So far I have been told it is a variable % that is the difference between the ECB exchange rate and the MasterCard rate. The percentage on my transaction was 1.53178% , which I consider high.
The only mention of “markup” on the N26 website is