If you’re an Android phone user, have travelled abroad in the past year, and are in the habit of withdrawing cash from ATMs when overseas then you have been missing out (and probably wasting money too). At the launch of the Curve card it was sadly only available for the Apple iPhone, but has now been launched on the Android platform. The Curve card for Android users now brings a stable mobile application, where you can track your spending, and benefit from Curve rewards, starting with £5 free credit when you signup for a free Curve card (download the app and register using promo code K7ADL).
What Is A Curve Card?
The Curve card links to your existing Mastercard or Visa cards (such as your bank account, or even credit cards). Everything is managed through the Curve card app, which is super easy to use. After cards have been added everything you spend on the Curve card is instantly recharged to your linked account. If you have multiple cards registered within the Curve card app you can change the linked card at anytime in seconds. Ideal if you want to switch from debit to credit card, or from business to personal card.
If you are planning on using the Curve card abroad this is where you can really start to save money. By using the Curve curve abroad instead of your regular debit or credit card you minimise any foreign transaction fees and also receive a better foreign exchange rate than what is typically on the market (when comparing to purchasing foreign cash in the UK before travel). Any purchase or cash withdrawal you make in the local currency (such as euro, dollar etc) is automatically converted to pound sterling. If you plan on withdrawing cash from an ATM while abroad you will be charged 1% of the withdrawal amount + a £2 transaction fee. Purchases abroad on the card have no transaction fee, just the 1% charge. If you compare this to the majority of UK banks you will discover this is lower than their fees, which are usually around 3%.
If you are planning on using the Curve card abroad to make card purchases then the Supercard (free) is the cheaper option. Supercard charge 0% on overseas purchases. Full details of the cheapest way to spend cash abroad when comparing cash withdrawals to card purchase can be viewed in the Curve vs. Supercard review.
What Are Curve Rewards?
A little after the official Curve launched their rewards scheme, Curve Rewards, was created. The rewards scheme, which is points based, allows you to collect Curve Rewards points by using your Curve card for everyday purchases.
Earning Curve Reward Points
- Curve Black cardholders will receive double reward points, compared to Curve Blue cardholders
- There is no limit on the amount of Curve Reward points you can earn
- Curve mention on their site “cash-back at selected high street retailers of up to 2.5% for Curve Blue, and 5% for Curve Black”, but there is currently no list of participating retailers
- Boost your Curve Reward points balance by referring friends and family
Though the reward scheme has now been launched it is still unclear how many reward points you will earn per transaction when using the Curve card.
Spending Curve Reward Points
A new Curve Rewards card has been added within the Curve app. This card works the same as any other debit or credit card in your Curve wallet. To spend Curve Rewards points select this card before processing a transaction.
- 1 Curve point = 1 pence
- Curve Rewards points balance needs to exceed the transaction amount
- Curve Rewards points can not be redeemed by withdrawing cash from ATMs or cash-back transactions
- Points cannot be transferred/withdrawn to a bank account.
£5 FREE Credit For Android Users
To order a free Curve card, and also receive £5 of free credit download the app using the link below and make sure to enter the promo code K7ADL. A free Curve Blue card will be sent and the £5 free credit issued after making your first purchase. Curve Black cards (normally £75 each) are reduced to £50 each when using the Curve promotion code. Curve Black cards receive double reward points.
The code should be added on the first screen of the app by pressing “Add a referral code”. Curve is currently targeted towards the business market and you will be asked to confirm if you operate your own business, are self employed, or earn any funds aside from a regular job.