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They don't have FCSC protection, how is that a better thought-out offering for private customers? "We can just throw away your money and you have no recourse,
by Dayshine 7y ago
They don't have FCSC protection, how is that a better thought-out offering for private customers?
"We can just throw away your money and you have no recourse, trust us with your ~banking~ beyond banking"
- krn 7y ago> They don't have FCSC protection, how is that a better thought-out offering for private customers? Revolut started out as a "prepaid debit card for paying abroad", not as "your main bank acccount", but is closing the gap quickly and should soon switch over its customers to an EU-licensed bank entity. I find Revolut to be better than Monzo in terms of features and costs, but it's not suitable to be used as the main bank account yet because of the lack of protection.
- deleted 7y ago[deleted]