Veste

Not upheld: Service failures generally complaint against Revolut Ltd

Financial Ombudsman decision DRN-6427489 of 2026-06-24T00:00:00+00:00. Service failures generally complaint against Revolut Ltd. Outcome: Not upheld.

Decision detail

ReferenceDRN-6427489
Decision date2026-06-24T00:00:00+00:00
FirmRevolut Ltd
ProductCurrent account
Claim typeService failures generally
OutcomeNot upheld
RemedyNo additional remedy ordered. Revolut's existing offer of £20 compensation was deemed reasonable and sufficient.

Summary

Mr M complained that Revolut Ltd failed to process a chargeback promptly and communicated poorly about it. Mr M requested a chargeback on 9 November 2025 for £64.97, but Revolut did not submit it to the merchant until 9 January 2026. Although the chargeback was ultimately successful and Mr M received his money back, he was dissatisfied with the delay and communication. Revolut offered £20 compensation which Mr M rejected and escalated to the FOS. The ombudsman did not uphold the complaint, finding that Revolut's £20 offer was reasonable compensation for the delay and inconvenience, as the chargeback was ultimately successful and some frustration is inevitable in such situations.

The Ombudsman's reasoning

The ombudsman acknowledged delays and communication issues but found that Revolut successfully raised the chargeback and Mr M received his money back. While the delay caused frustration and inconvenience, the ombudsman determined that Revolut's actions were not so unreasonable as to warrant compensation beyond the £20 already offered. The ombudsman noted that some element of frustration is inevitable in chargeback situations and everyday financial matters.

How this compares

GroupDecisionsUphold rate
Revolut Ltd, all decisions3,89318%
Service failures generally, all decisions34,19332%
Current account, all decisions52,01419%

Source

Read the original decision on the Financial Ombudsman Service website