How to cancel a contract with Revolut

Introduction

Revolut is a UK-based financial technology company offering banking services through a mobile app. Cancelling your Revolut account on time is essential to avoid unnecessary fees and to better manage your finances. Many users experience frustration due to continuous billing when cancellations are not handled correctly, leading to payments for services they no longer need. This guide provides the steps required to effectively cancel your Revolut account.

Steps to Cancel Your Revolut Account

Review Your Account Terms
Before beginning the cancellation process, review the terms and conditions of your Revolut account. Ensure you understand any minimum term and specific cancellation policies.
Collect the Necessary Information
Gather all relevant information, such as your account number, personal details, and any prior correspondence with Revolut. This will help facilitate the cancellation process.
Log In to Your Revolut Account
Open the Revolut app and log in with your credentials (email and password). This will allow you to access your account settings and manage your account.
Navigate to Account Settings
Once logged in, go to your profile, located in the upper right corner of the screen. Select “Account Settings” and then “Close Account” to initiate the cancellation process.
Follow the On-Screen Instructions
Revolut will guide you through the necessary steps to close your account. Follow the on-screen instructions carefully to ensure the cancellation is completed correctly.
Confirm the Cancellation
You may need to confirm your decision to close the account and provide a reason. Choose a reason from the list and follow the prompts to complete this step.
Check for Outstanding Transactions
Ensure there are no pending transactions or overdrafts on your account. Resolve any outstanding issues before proceeding with the cancellation.
Receive Confirmation
After confirming the cancellation, you will receive an email from Revolut stating that your account has been closed. Keep this email as proof of cancellation. If you do not receive the email within a few hours, check your spam folder or contact Revolut customer service.
Update Linked Services
Ensure any direct debits or standing orders linked to your Revolut account are updated to a new account to avoid service disruptions.

Conclusion

By following these detailed steps, you can effectively cancel your Revolut account and avoid future unnecessary fees. Ensure you receive confirmation via email, review the cancellation policies, and monitor your bank statements for any subsequent charges. Cancelling promptly will help you avoid unnecessary billing and better manage your personal finances.

Important Note

Don’t want to handle the cancellation process yourself?
If you prefer not to manage the cancellation process yourself or encounter difficulties, consider using the services of LetterDispatchPro. We will handle the cancellation of your Revolut account quickly and efficiently, providing you with peace of mind and convenience. Our expert professionals will take care of everything, saving you time and effort in long and complicated procedures.