Monzo launches new Perks, Extra and Max options: our first thoughts

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  • เผยแพร่เมื่อ 3 พ.ย. 2024

ความคิดเห็น • 71

  • @Bhethar
    @Bhethar 6 หลายเดือนก่อน +5

    Not going to lie… I paid for the highest tier and I did it mostly for the insurance but you’re right saying it’s not much of a perk. Monzo paid account donut really offer you perks. They just paywall features other banks give you for free.

  • @Joelio8701
    @Joelio8701 6 หลายเดือนก่อน +4

    Literally went to Premium just for the metal card because it feels so much nicer than plastic. Surprised they’re dropping that when Revolut even does a platinum card. I’d be more likely to move to Revolut

  • @markflatters9819
    @markflatters9819 6 หลายเดือนก่อน +4

    None of this sounds remotely enticing....Monzo just seems to be all over the place,not exactly confidence building & still don't think they've turned a profit.

  • @jxpt8935
    @jxpt8935 6 หลายเดือนก่อน +5

    This is concerning to me - almost a sign of a failing institution when they charge for small features. I'm sure this will make Monzo some money, but not sure what the future of Monzo looks like if they are having to resort to this buisness model

    • @ZeldaReacts1
      @ZeldaReacts1 6 หลายเดือนก่อน

      Gives them room to improve and expand their branch to more cities...

    • @verquachstoal6833
      @verquachstoal6833 5 หลายเดือนก่อน

      You expect to get it for free? 😂 Fucking joke

  • @sebastianbillings5102
    @sebastianbillings5102 2 หลายเดือนก่อน +1

    My AA plan was £30 so ive swapped to max and have all my family included still. The little girl can have a free sausage roll too

  • @dyztructive
    @dyztructive 6 หลายเดือนก่อน +1

    how do you match the 4.6% interest rate by going with a partner bank? how does that work?

  • @adampeterz
    @adampeterz 6 หลายเดือนก่อน +1

    I am a premium member but will probably be upgrading to max - for the sausage rolls and RAC. shame they're scrapping the metal card, I rather liked it. would be nice if they did a metal black card, maybe adding further cashback options for say £20 a month??

    • @samui007
      @samui007 6 หลายเดือนก่อน

      They say you can keep your metal card or replace with burnt card

  • @Tomwrigley83
    @Tomwrigley83 6 หลายเดือนก่อน +1

    What are your thoughts Andy on starling? I’m currently with hsbc (I use chase for my everyday spending) but thinking of changing my hsbc account to starling. Only downside is that there is no switching offer. Or should I stay with HSBC which is my main bank account for bills etc ?

  • @icarus_ap
    @icarus_ap 6 หลายเดือนก่อน +6

    I dont work or live near a greggs or use a rail station

    • @tf2368
      @tf2368 6 หลายเดือนก่อน +5

      Move near a Greggs

    • @cymcgall1
      @cymcgall1 6 หลายเดือนก่อน

      ​@@tf2368get a train to Greggs

  • @ZeroRiskAppetite
    @ZeroRiskAppetite 6 หลายเดือนก่อน +3

    I'm on plus and will be switching to Extra. The budgeting features save me hundreds each month as I have better oversight and control of my spending. Getting it for 2 quid cheaper is just the cherry on top.

    • @I_Was_Chrispy_Kreme
      @I_Was_Chrispy_Kreme 6 หลายเดือนก่อน +1

      Yeah for a guy who is supposed to be clued up about finances he just ignores the pots and virtual cards this is one of the key differences between a normal account and Monzo/starling. He also advised people to get a Triodos account and they charge £3 with no perks at all.

  • @REED1988
    @REED1988 6 หลายเดือนก่อน +1

    Im with premium.. will my metal card work if premium is removed and im downgraded.. also will it work with max?

    • @liam4184
      @liam4184 6 หลายเดือนก่อน +1

      Yes, the metal card will always work until the card itself is expired.

  • @SirRodhood
    @SirRodhood 6 หลายเดือนก่อน +1

    I was on Premium and have swirched to Max, what i lose from switching from Premium, i didn use anyway. I dont mind swinging by Greg's once a week for a swret treat

    • @elixier33
      @elixier33 5 หลายเดือนก่อน +1

      I actually invested in them years ago and I really like the bank. I just paid because I like them. I love the virtual cards the fact that I get phone insurance is a bonus but honestly there is no bank like monzo. So happy with them.

  • @Sam-pn2kc
    @Sam-pn2kc 6 หลายเดือนก่อน

    Why did they not compete with Revolut snd do a monzo ultra plan

  • @name08654
    @name08654 6 หลายเดือนก่อน

    anyone know if these new tiers provide cashback on international transfers like plus did? cant see any info about that from monzo

  • @DanJHayes
    @DanJHayes 6 หลายเดือนก่อน

    What's the best joint account to get for bills?

  • @freeleestoilet9833
    @freeleestoilet9833 4 หลายเดือนก่อน

    The Greggs offer actually puts me off the bank.

  • @semih4270
    @semih4270 6 หลายเดือนก่อน +1

    I literally only joined premium for my metal card. RIP Monzo in 2027! (When it expires)

  • @tf2368
    @tf2368 6 หลายเดือนก่อน +24

    Lol best Monzo could do is a partnership with Greggs. What a joke

    • @karanamin1918
      @karanamin1918 6 หลายเดือนก่อน

      It’s dead but I get it for free with o2 priority not worth getting this bank account

    • @chinyereUgwuoke-tp2lh
      @chinyereUgwuoke-tp2lh 6 หลายเดือนก่อน

      Try to make few research before letting anyone trade for you like I did ❤ Thank you Jesus, God bless America.

    • @chinyereUgwuoke-tp2lh
      @chinyereUgwuoke-tp2lh 6 หลายเดือนก่อน

      I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

    • @Masuiatfres
      @Masuiatfres 6 หลายเดือนก่อน

      How? Please who can you recommend me your professional?

    • @chinyereUgwuoke-tp2lh
      @chinyereUgwuoke-tp2lh 6 หลายเดือนก่อน

      +1864

  • @ashtongtv863
    @ashtongtv863 6 หลายเดือนก่อน +1

    I’m saying with plus.

    • @ZeroRiskAppetite
      @ZeroRiskAppetite 6 หลายเดือนก่อน +1

      Extra gives you eveything plus does for 2 quid less

    • @smoothie9931
      @smoothie9931 6 หลายเดือนก่อน

      @@ZeroRiskAppetite Except 4.6% on an instant access saver.

  • @sidkings
    @sidkings 6 หลายเดือนก่อน

    I've been unable to get a railcard becuase I don't seem to meet any of the eligible criteria to get one.
    If I can get one with Monzo Perk then it'll be worth it especially if it's 1/3 off.
    No longer paying for Curve metal so it might be worth the investment.

    • @f1ggyc
      @f1ggyc 6 หลายเดือนก่อน

      Monzo only lets you get one of the existing railcards you may be eligible for, there is no "monzo railcard" for anyone

    • @sidkings
      @sidkings 6 หลายเดือนก่อน

      @@f1ggyc When you strip everything away, ultimately these new tiers are nothing special.

    • @ZeroRiskAppetite
      @ZeroRiskAppetite 6 หลายเดือนก่อน

      You should be able to get the 'Network' railcard

    • @sidkings
      @sidkings 6 หลายเดือนก่อน

      @@ZeroRiskAppetite I looked into that on trainline. The thing is that particular card is meant for travel in London and South East for it to be valid. I.e beginning and end journey.
      I travel direct from west country to Paddington on GWR so that's probably why the website says I'm not eligible for it.

  • @uksteveee
    @uksteveee 5 หลายเดือนก่อน

    I get Gregg’s every week so so brainer just for thay

  • @thedarkshogun88
    @thedarkshogun88 6 หลายเดือนก่อน +1

    Meh

  • @AlexCowardMusic
    @AlexCowardMusic 6 หลายเดือนก่อน

    Hi Andy, what do you think of the Dankse Bank current account switch offer for £200? I was thinking of switching for the bonus, but I've never heard of the bank before.

    • @BeCleverWithYourCash
      @BeCleverWithYourCash  6 หลายเดือนก่อน +1

      It's Northern Ireland only, but if you live there then go for it

    • @danielpeti3885
      @danielpeti3885 6 หลายเดือนก่อน

      Used to be called northern bank. Danske took over. Look up the northern bank robbery.

    • @j.d.9848
      @j.d.9848 6 หลายเดือนก่อน

      ​@@BeCleverWithYourCashhe would have heard about Danske bank if he was in NI... they issue NI sterling notes after all

  • @BenM388
    @BenM388 3 หลายเดือนก่อน

    Is it me or is this bank struggling to be innovative, non of these are “exciting”

  • @EPICBIGK1979
    @EPICBIGK1979 6 หลายเดือนก่อน

    Halifax have just announced an increase to their ultimate reward to £19pm so I am looking at possibly moving

    • @BeCleverWithYourCash
      @BeCleverWithYourCash  6 หลายเดือนก่อน +1

      Yeah, Lloyds too in July

    • @Richard_Barnes
      @Richard_Barnes 6 หลายเดือนก่อน

      @@BeCleverWithYourCash eh? How much? I've not see the Lloyds one....

    • @EdGordon1991
      @EdGordon1991 6 หลายเดือนก่อน

      @@Richard_Barnes - From 1st July it’s going up to £22.50 for premium I believe.