The £500 monthly fee-free foreign exchange (FX) reward is available to all of our members. It means you pay no conversion fees on the first £500 of FX transactions every month.
Our previous £500 fee-free FX reward ends on the 30th April 2025. However, due to the closure of Zing we have extended the offer, giving you £500 of fee-free monthly FX until 12:00pm BST on the 22nd May 2025.
This reward will be made automatically available to you, you don’t need to activate it. For more information, check out the Terms and Conditions of the offer.
More details on the £500 fee-free reward:
- No limit to the number of transactions within your £500 monthly allowance
- This Reward applies to FX fees when you convert between wallets, transfer to Zing and third-party accounts, make card payments and ATM withdrawals
- Transfer fees and intermediary bank fees may still apply
You’ll be able to track how much of your monthly allowance you have left in the rewards tab within the app.
If you’re also a Founding Member
If you chose the £1,000 fee-free FX Founding Member reward and you’re yet to use the full allowance, you’ll use your Founding Member allowance first. Once all of your allowance has been used, we’ll automatically switch you over to the £500 monthly fee-free reward.
The 20 fee-free ATM withdrawal Founding Member reward works alongside your £500 monthly fee-free reward.
Check out this article for more information on Founding Member rewards.