Beware of Revolut's Spare Change Feature | User Loses Over €527

A Revolut user has reported losing over €527 through the app’s spare change feature. The incident raises concerns about user awareness regarding automatic purchasing settings.

Incident Overview

In April 2025, a long-time Revolut user discovered that their accumulated points were purchased automatically without their knowledge. The individual was excited to use 26,000 points for discounts on flights. However, they later found that those points had been bought using rounded-up amounts from their transactions.

Key Details of the Incident

• Automatic Purchases: The user was unaware that since September 2024, small increments from every purchase were being used to buy points.

• Diminished Value: Over time, this rounded-up finance led to a loss of more than €527, while they only received about €260 worth of value from the points they redeemed.

• User Sentiment: The user expressed feeling misled, admitting they should have paid closer attention to their account settings.

"I still feel scammed Please check your settings!"

— Revolut user

Community Reactions

The post sparked a wide range of reactions among fellow users:

• Shared Experiences: Some reported similar issues, with one stating, "Did the same thing. Luckily I only wasted 7 euro or something."

• Criticism of Responses: Other users in the thread criticized negative reactions to the user’s warning, labeling them as unnecessary.

• Alternatives Offered: Some users suggested opting out of the round-up feature and highlighted more effective strategies for earning points, including bonuses on specific purchases.

Reflections on Spare Change Feature

This situation raises a critical question: Are users adequately informed about subscription features and automatic transactions?

Key Insights

• 🔍 More than €527 dinged from one user's account without notice.

• ✍️ Users confirm similar experiences, sparking concern across forums.

• 💡 "Just opt out and collect your points," advised another user, suggesting caution with automated settings.

Closure

As users increasingly rely on financial apps, transparency in settings becomes imperative. Users are urged to revisit their application settings to avoid unexpected deductions.

Future Insights on Revolut's Challenges

As awareness around automated financial features grows, there's a strong chance that users will start adjusting their settings proactively. Many might opt-out of similar round-up options, leading to a notable shift in engagement with these features. It’s likely that financial tech firms will start providing clearer communication about subscription settings, with experts estimating around a 30% increase in transparency initiatives within the next year. This increased scrutiny could also prompt a broader debate about user rights in digital finance.

A Lesson From the Ticket Seller

Consider the evolution of the concert ticketing industry, where fans often unknowingly signed up for subscriptions tied to concert presales. Many shared tales of spending significant sums for memberships that brought minimal returns. Just like the Revolut user, they felt misled by hidden terms and conditions. This connection reflects a broader issue in digital services; as the tech landscape matures, users must remain vigilant and informed, because the pitfalls of automatic enrollment can linger, even in arenas seemingly far removed from finance.