How can I properly compare paying abroad with my own bank versus using Revolut for it?
For example, I know that I will spend 1500 euro worth of payments, mainly through physical card payments in stores, in the UK. I am from The Netherlands. My bank account is set in euro's and obviously in the UK it'll be paid in GBP.
Revolut should be a very good way to pay in foreign currencies but I am not able to determine what the difference would be. There is currency exchange rates, currency exchange fees, payment in foreign currency surcharge, perhaps Revolut subscription fees. Is this everything I need to take into account?
Revolut EUR-GBP exchange rate
ING GBP-EUR exchange rate
Revolut fees
ING fees
Although I agree to some point, keeping too much in ETF increases the risk of it all going down the exact moment you need it since you loose the job at the same time the market crashes in a crisis.