How to Close a Revolution Money Exchange Account

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Revolution Money Exchange LogoA few years ago, I opened a Revolution Money Exchange account because they were offering a $25 promotion for very little work. Revolution Money Exchange is a PayPal-like payment system clone minus all the fees. In late 2009, American Express bought the company and I didn’t really hear much more news about it.

In my ongoing quest to simplify our finances, this was a “zombie” account that I never used. Last week, I decided to close it. The closing process is very straight forward but difficult to find on your own. I emailed customer service and they sent me these instructions:

  • Login to your MoneyExchange account by going to and clicking on account login.
  • Click on the My Profile tab.
  • Click on User ID.
  • At the bottom of the screen, click on the Terminate your Revolution MoneyExchange account link.
  • On the next screen, recall all transactions awaiting approval, by clicking on the Recall All Transactions icon.
  • Select the radio button next to the reason for cancellation of account.
  • Enter any comments and press Cancel My Account.

Canceling my account took less than fifteen seconds and I received a confirmation email within 24 hours.

{ 7 comments, please add your thoughts now! }

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7 Responses to “How to Close a Revolution Money Exchange Account”

  1. Darin H says:

    I had one too (probably got it here for the $25 bonus) and the only thing I ever did with it was get money for referring people to RM. Closed it last year, same steps as above – super easy.

  2. zapeta says:

    Thanks for posting this! I have one for the $25 bonus too and I get the stupid statement email every month. One less thing to keep track of is good!

  3. eric says:

    One down, a lot more to go! 😉

  4. cdiver says:

    Did anyone ever use this company as a payemnt sorce?

  5. Ian says:

    Thanks, I just closed mine as well. 🙂

  6. BrianC says:

    Archived articles to the rescue. Thanks for the great walk-through!

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