Revolut Launches Data Phone Plans for UK Customers

Revolut, a leading financial institution based in the UK, has launched a personalized data phone plan for its British customers.

Revolut introduces eSIM and data phone plans for UK customers.

Revolut, the well-known UK-based financial institution, is making waves once again with its latest offering: data phone plans. In an exclusive interview with CNBC, the company announced that it will be the first financial services firm in the UK, and one of the earliest globally, to provide telecom plans to its customers.

Introducing Revolut’s Cutting-Edge Phone Plans

Revolut’s data phone plans are set to launch later this week, promising convenience and flexibility to customers in the UK. The digital banking and payments platform is on a mission to make travelers feel at home wherever they go, by offering uninterrupted phone services without the worry of unexpected roaming charges.

Initially, this service will be available to over 8 million UK customers, with plans to extend to its 35 million users worldwide. Even customers on Revolut’s basic app experience without a subscription can benefit from these new telecom plans. They will have access to a standard eSIM plan, allowing them to top up their phones as needed using the Revolut app.

Stay Connected with Revolut’s Ultra Package

For those who crave an even more robust plan, Revolut offers its premium Ultra package for £55 ($69.47) per month. Subscribers to this package will enjoy 3GB of global data with a monthly refresh, ensuring they can stay connected without the fear of unexpected roaming charges when traveling abroad.

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To sweeten the deal, Revolut is offering an enticing introductory offer to non-Ultra subscribers: 100MB of free data if they apply before May 1. This offer is valid for seven days, giving users a taste of the benefits of the eSIM. After the trial period, they must upgrade to the Ultra package to continue using the eSIM.

Revolut Partners with 1Global

Revolut’s phone plan comes at an opportune time, as the cost of using mobile data overseas has increased for British citizens following the reintroduction of roaming charges after the UK’s departure from the European Union. While most mobile carriers no longer include free data in non-EU countries as part of their standard plans, Revolut’s phone plan allows UK users to stay connected without incurring additional charges outside the country.

Revolut has partnered with British mobile network operator 1Global (formerly known as Truphone) to launch its eSIM. This strategic partnership will enable Revolut to provide seamless and reliable data services to its customers.

Revolut’s Vision for the Future

With this new phone plan, Revolut aims to transform its mobile app into a “super app” that offers a wide range of services, from bank accounts to travel bookings. Tara Massoudi, general manager of premium products at Revolut, emphasized the company’s ambition to become a comprehensive financial partner for its users.

“We want to be the financial super app, and this is a step in that direction. Travel is a significant value proposition for our users, and we want to continue innovating in that space,” Massoudi told CNBC.

Revolut has been steadily expanding its range of premium subscription services and building a devoted user community. In fact, in 2022, the company reached a staggering valuation of $33 billion. Revolut’s ultimate goal is to position itself as more than just a cost-effective choice for travelers, but rather as a trusted partner that handles all their banking needs.

Q&A: What You Need to Know

Q: Will Revolut’s phone plans be available to customers outside the UK?

A: Yes! While the initial rollout is focused on UK customers, Revolut plans to extend this service to its 35 million users worldwide, so customers outside the UK can look forward to enjoying these phone plans as well.

Q: How does Revolut’s eSIM work?

A: Revolut’s eSIM allows users to access mobile data without a physical SIM card. It’s built into the Revolut app, giving users the freedom to top up their data as needed, making it incredibly convenient for travelers.

Q: Can I keep my existing phone number with Revolut’s eSIM?

A: Yes, you can! Revolut allows customers to transfer their existing phone numbers to their eSIM seamlessly. So, you won’t have to go through the hassle of changing your number.

Q: Are there any additional charges for using Revolut’s eSIM abroad?

A: No, that’s the beauty of Revolut’s phone plans. The Ultra package, priced at £55 ($69.47) per month, includes 3GB of global data with no extra roaming charges. So, you can stay connected wherever you are without worrying about unexpected fees.

Looking Ahead: The Future of Revolut’s Phone Plans

Revolut’s foray into providing phone plans highlights the company’s commitment to revolutionizing the financial industry by offering a comprehensive suite of services. With its plans to expand globally, Revolut’s phone plans have the potential to disrupt the traditional telecom industry, especially as more customers seek flexible and cost-effective mobile solutions.

As the world becomes increasingly interconnected, the demand for seamless global connectivity will only grow. Revolut’s data phone plans address this need, positioning the company as a leader in the digital banking space. With its ambitious vision and innovative offerings, Revolut is poised to capture a significant market share and become a go-to financial partner for individuals and businesses alike.

Don’t miss out on the convenience and cost savings of Revolut’s phone plans! Join the revolution today and say goodbye to unexpected roaming charges. Share this article with your friends and family, and let them know about this exciting new offering from Revolut.

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Reference List:

1. Revolut’s Official Website
2. CNBC: Revolut launches telecom plans for UK customers
3. Mobile News: Revolut partners 1Global for eSIM
4. The Free Library: Revolut’s Valuation Soars to $33 Billion
5. TechCrunch: Revolut: Building a Digital-Only Bank

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