Over 28,000 Revolut customers in Ireland have registered for the card which is aimed at those interested in a luxury lifestyle.
Revolut has launched its new “ultimate” membership plan in Ireland, with over 28,000 customers in the country having already registered for its waiting list.
First announced last winter, the “bespoke membership” is titled Ultra and costs €540 a year. Ranking above Revolut’s existing Plus, Premium and Metal plans, the financial technology company said in a statement that Ultra is aimed at “a growing consumer segment of ambitious explorers interested in a luxury lifestyle”.
The membership plan comes with a platinum-plated card from Mastercard, as well as what Revolut has described as an “extended list of elite benefits”. These include subscriptions with Ultra partners such as the ClassPass, Financial Times, NordVPN and WeWork.
Also as part of the benefits, Revolut has said Ultra offers purchase protection of up to €10,000 a year on stolen or damaged items within a year of purchase, cancelled event protection of up to €5,000 and refund protection of €600 on eligible purchases within 90 days of purchase.
Revolut’s platinum-plated card for its customers on the Ultra membership
As well as this, the financial technology company has said the new membership plan is designed to be the “ultimate travel companion”, adding:
“Ultra members will have unlimited access to 1,400+ airport lounges worldwide which include food, drink and exceptional service. And if travel plans change, Ultra offers ‘Cancellation for Any Cause’ insurance. This gives customers freedom and flexibility when travelling. Regardless of their reason for cancellation, Ultra members will be refunded up to €5,000 EUR per year for flights, trains, accommodation or events (Insurance T&Cs apply).
“Ultra account holders will also be able to travel the world with peace of mind knowing they have worldwide emergency medical and dental cover, including winter sports. Ultra travel insurance also includes cover for car-hire excess, lost or damaged baggage, delayed flights and personal liability (Insurance T&Cs apply).
“Ultra customers can spend like locals with unlimited foreign currency exchange in 30+ currencies, and transfer unlimited amounts of money at great exchange rates, with no fees between Monday and Friday. Customers are also offered €2,000 in ATM withdrawals with no extra fees charged by Revolut worldwide.”
The over 28,000 Revolut customers in Ireland who have registered for Ultra’s waitlist will be progressively invited to unlock the plan, upon its availability.
Those joining it via the waitlist will receive 5% cashback on purchases within their first month, though this will be capped at the monthly plan price.
Speaking about Ultra, Revolut’s General Manager of Premium Products Tara Massoudi said:
“An increasing number of our customers are interested in travel, lifestyle and investment products that offer top-of-the-line experiences. This growing consumer market is redefining luxury, making it more functional and present in day-to-day life. They want to build a steady passive income, but also enjoy life, keep up to date with the latest trends and travel the world.”
“In response to our customers’ demands, we’re launching this new bespoke membership that we envision as the ultimate travelling and lifestyle companion. Revolut has put together a one-of-a-kind offering, second to none in Europe. This unique card and membership plan was ultimately designed for those who enjoy the finer things in life.”
For more information about Revolut’s new Ultra plan, visit the financial technology company’s website right here.
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