In this article, you'll discover whether Revolut works in Japan, explore some potential drawbacks if it is available, and consider various possibilities for using the service while in the country.
Does Revolut Work In Japan?
Revolut is available for use in Japan, allowing users to spend in Yen. The app supports spending in local currency, making it convenient for travelers and residents alike to manage their finances while in the country.
Users can take advantage of Revolut's various functionalities, such as earning RevPoints on daily expenses and using different types of cards. Additionally, the app facilitates easy and fast money transfers, both domestically and internationally, enhancing its utility for those in Japan.
Fees and Charges for Using Revolut in Japan
Here are some general costs that users might encounter when using Revolut in Japan:
- Transaction fees: Revolut may charge fees for certain types of transactions, such as international payments or specific card usage scenarios.
- Currency conversion fees: When spending in Yen, Revolut typically offers competitive exchange rates, but there might be a small markup or fee for currency conversion, especially during weekends or outside of standard market hours.
- Withdrawal fees: Users can withdraw cash from ATMs, but there may be a limit on free withdrawals. Exceeding this limit could incur additional fees.
- Monthly subscription fees: Revolut offers different account tiers, each with its own set of features and associated monthly fees. Higher-tier accounts may offer more benefits but come at a higher cost.
Is Revolut the Best Option in Japan?
Even though Revolut is available in Japan, it might not be the best option for users due to certain limitations and restrictions that could affect its usability and convenience.
- Limited ATM network: Not all ATMs in Japan accept Revolut cards, causing inconvenience.
- Currency conversion fees: Higher fees during weekends or non-market hours can add up.
- Apple Wallet compatibility: Some users report issues with linking Revolut to Apple Wallet.
- Withdrawal limits: Exceeding free withdrawal limits incurs additional charges.
- Customer support: Users may experience delays in resolving issues through Revolut's support.
Alternatives to Revolut in Japan
1) OneSafe
OneSafe is a leading alternative payment solution in Japan, offering a seamless blend of traditional and Web3 financial services. With features like simple onboarding, global payments, and multi-currency support, OneSafe ensures ease of use, lower fees, and superior customer support, making it a superior option for users.
OneSafe Reviews
Users have praised OneSafe for its comprehensive services, including ACH, Crypto, Wire deposits, and Virtual cards, making it the best bank they have used so far. The company is recognized for its ease of use and support for most businesses, reflecting a positive user experience overall.
2) Wise
Wise offers a robust alternative payment solution in Japan, featuring a multi-currency account that supports over 40 currencies. Users benefit from low fees, fast international transfers, and a secure platform regulated by the Financial Conduct Authority. The Wise card enables global spending and cash withdrawals, enhancing financial flexibility.
Wise Reviews
Wise has an overall rating of 4.3 out of 5 based on 247,820 reviews. Users generally report issues with slower-than-advertised transfer speeds, customer support response times, and the verification process.
Check out more Wise reviews here.
3) Paypal
PayPal offers a reliable alternative payment solution in Japan, featuring secure payments, smooth shopping experiences, and the ability to send money globally. Key benefits include customizable checkout processes, invoicing capabilities, and robust fraud protection, making it a versatile option for both individuals and businesses.
Paypal Reviews
PayPal has a rating of 4.4 out of 5 stars. Users generally report high transaction fees, lengthy dispute resolution processes, and delays in fund transfers.
Check out more PayPal reviews here.
Frequently Asked Questions about Revolut in Japan
Can I use Revolut to pay in Yen in Japan?
Yes, Revolut supports spending in Yen, making it convenient for transactions in Japan.
Are there any fees for using Revolut in Japan?
Yes, fees may include transaction fees, currency conversion fees, and ATM withdrawal fees.
Is Revolut widely accepted at ATMs in Japan?
Not all ATMs in Japan accept Revolut cards, which can be inconvenient.
Can I link my Revolut card to Apple Wallet in Japan?
Some users report issues with linking Revolut to Apple Wallet in Japan.
What are the withdrawal limits for Revolut in Japan?
Revolut has free withdrawal limits, and exceeding them incurs additional charges.
Begin Your Journey with OneSafe Today!
Choosing the right payment solution in Japan is crucial for seamless financial management. While Revolut offers some benefits, alternatives like OneSafe provide superior features, lower fees, and better customer support. Explore OneSafe for a more efficient and user-friendly experience. Sign up today!
