Monzo

heatherw_01

jbrassy said:

I don't know why you'd choose Monzo over a cashback card? I mean cashback is literally free money! You also realise you're replacing a credit card with a debit card? If you want to rent a car abroad, you'll need a credit card.

I don't understand the hype around Monzo. You might look cool with an orange card, but what it offers is not that special compared to other current accounts available on the market.

No fees for FX, something that many charge for.

jbrassy

heatherw_01 said:

jbrassy said:

I don't know why you'd choose Monzo over a cashback card? I mean cashback is literally free money! You also realise you're replacing a credit card with a debit card? If you want to rent a car abroad, you'll need a credit card.

I don't understand the hype around Monzo. You might look cool with an orange card, but what it offers is not that special compared to other current accounts available on the market.

No fees for FX, something that many charge for.

I understand Monzo don't charge fees for overseas spending, but there are lots of other banks and credit card companies which offer that with a superior offer to Monzo, e.g. they pffer cashback (Chase) or offer unlimited free ATM withdrawals abroad (Starling and First Direct). Monzo is nothing special these days.

Rubberduck2

SimplyBetter said:

Rubberduck2 said:

SimplyBetter said:

Rubberduck2 said:

Anybody experienced with Monzo?  I had a Creation card which was great but they are stopping doing this card end of Jan25.  Other alternative could be Halifax Clarity?

They just renewed my card in December. So not stopped for me.

They wrote to me in December (email) and I phoned their CS.  Staff do not know why but only told it is senior management business decision. Not sure if card can still be used in UK only or just stopped altogether, but definitely not overseas any more.  If you hear otherwise let me know.

It's just you and your card.

No, just phoned them again and they have stopped all Creation Credit Cards with special use overseas.  They are moving in a different direction they say.  Thanks to all advisors, I will check out the alternatives mentioned.