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Monzo 'Plus' account is back...

24

Comments

  • WillPS
    WillPS Posts: 5,275 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    jay1804 said:
    Yes the normal limits apply, £5 - £300 per transaction and up to £1000 every 6 months
    Ah, that kills that then.
  • BrownTrout
    BrownTrout Posts: 2,298 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    What a waste of money 
  • kaMelo
    kaMelo Posts: 2,889 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Maybe it's just me but I'm completely missing why this account is worth £5 a month.
    Forgive my ignorance but do you normally have to pay a fee to use PayPoint? 

  • SnowTiger
    SnowTiger Posts: 4,461 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Monzo isn't offering much for a fiver a month.

    I guess punters could use their fiver reward from Halilfax to pay Monzo's monthly sub.


  • SnowTiger
    SnowTiger Posts: 4,461 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    kaMelo said:
    Maybe it's just me but I'm completely missing why this account is worth £5 a month.
    Forgive my ignorance but do you normally have to pay a fee to use PayPoint? 

    I think there usually is a fee for using PayPoint.

    Mozno charges £1 a pop: 

    We’ll charge you £1 for each deposit you make, and we’ll take the fee out of the money you pay in. So, if you hand £300 over to the shopkeeper, we’ll put £299 in your account.

    It appears that this is the only way to pay cash directly in to a Monzo account.  Monzo don't appear to offer banking services through Post Offices.
  • The Great Monzo "con" to be fair, the credit score stuff was going to be free to all account holders when they announced it back in March or April time. Quite literally got that balls to charge people for something that's free anyway on Credit Karma.

    All these months and they've not even managed to redo plus 
  • jonnygee2
    jonnygee2 Posts: 2,086 Forumite
    1,000 Posts Second Anniversary Name Dropper Combo Breaker
    The Great Monzo "con" to be fair,

    I think con is a strong word. It's not a very good product, but I don't think there's much that's dishonest about it.

  • jonnygee2 said:
    The Great Monzo "con" to be fair,

    I think con is a strong word. It's not a very good product, but I don't think there's much that's dishonest about it.

    I'll add the context back in for you as just selecting a few words for you to quote against in incorrect
    The Great Monzo "con" to be fair, the credit score stuff was going to be free to all account holders when they announced it back in March or April time.
  • tehone
    tehone Posts: 640 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 15 August 2024 at 2:28PM
    jonnygee2 said:
    The Great Monzo "con" to be fair,

    I think con is a strong word. It's not a very good product, but I don't think there's much that's dishonest about it.

    I'll add the context back in for you as just selecting a few words for you to quote against in incorrect
    The Great Monzo "con" to be fair, the credit score stuff was going to be free to all account holders when they announced it back in March or April time.


    It was in this blog post

    https://monzo.com/blog/credit-scores/check-your-score
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Tenth Anniversary 100 Posts
    edited 15 August 2024 at 2:28PM
    tehone said:
    jonnygee2 said:
    The Great Monzo "con" to be fair,

    I think con is a strong word. It's not a very good product, but I don't think there's much that's dishonest about it.

    I'll add the context back in for you as just selecting a few words for you to quote against in incorrect
    The Great Monzo "con" to be fair, the credit score stuff was going to be free to all account holders when they announced it back in March or April time.


    It was in this blog post

    https://monzo.com/blog/credit-scores/check-your-score
    Yep that's the one and now it's sat hidden behind a paywall instead
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