Revolut revamps Revolut Plus with new purchase protection feature

UK-based challenger bank Revolut has revamped its paid plans and the addition of Revolut Plus, a new way to protect purchases from theft, damage, or no-returns policies.

Revolut Plus is available for £2.99 per month and it will include purchase protection covers Plus customers up to £1,000, Premium customers up to £2,500, and Metal customers up to £10,000 if their eligible purchases are accidentally damaged or stolen, for a whole year.

Revolut Plus customers will also be able to securely spend online with virtual cards or pay in-store with mobile payment services like Google Pay and Apple Pay.

“We’re excited to launch our upgraded plans for our customers across Europe, providing them with great value for money while protecting them from out of pocket expenses,” said Nik Storonsky, CEO and founder at Revolut. “We want to help our customers shop safely, knowing their purchases are protected by Revolut from theft, damage, or no-returns policies.”

Felix Jamestin, head of premium product at Revolut, added, “Revamping our paid plans and introducing Plus should give a big boost to our customers’ confidence and wallets. Not only will they receive a new, affordable plan with additional protection, they will also get all the great features they have come to love. It’s encouraging to see how popular our plans have been so far, and we think Plus will be an attractive and popular addition.”

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