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

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  • Опубликовано: 26 дек 2024

Комментарии •

  • @Bhethar
    @Bhethar 8 месяцев назад +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.

  • @jxpt8935
    @jxpt8935 8 месяцев назад +6

    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 7 месяцев назад

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

    • @verquachstoal6833
      @verquachstoal6833 7 месяцев назад

      You expect to get it for free? 😂 Fucking joke

  • @markflatters9819
    @markflatters9819 8 месяцев назад +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.

  • @sebastianbillings5102
    @sebastianbillings5102 3 месяца назад +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

  • @icarus_ap
    @icarus_ap 8 месяцев назад +6

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

    • @tf2368
      @tf2368 8 месяцев назад +5

      Move near a Greggs

    • @cymcgall1
      @cymcgall1 8 месяцев назад

      ​@@tf2368get a train to Greggs

  • @dyztructive
    @dyztructive 8 месяцев назад +1

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

  • @Joelio8701
    @Joelio8701 8 месяцев назад +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

  • @Tomwrigley83
    @Tomwrigley83 8 месяцев назад +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 ?

  • @adampeterz
    @adampeterz 8 месяцев назад +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 8 месяцев назад

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

  • @name08654
    @name08654 7 месяцев назад

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

  • @SirRodhood
    @SirRodhood 8 месяцев назад +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 7 месяцев назад +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.

  • @ZeroRiskAppetite
    @ZeroRiskAppetite 8 месяцев назад +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 8 месяцев назад +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 8 месяцев назад +1

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

    • @liam4184
      @liam4184 8 месяцев назад +1

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

  • @DanJHayes
    @DanJHayes 8 месяцев назад

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

  • @Sam-pn2kc
    @Sam-pn2kc 8 месяцев назад

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

  • @freeleestoilet9833
    @freeleestoilet9833 6 месяцев назад

    The Greggs offer actually puts me off the bank.

  • @ashtongtv863
    @ashtongtv863 8 месяцев назад +1

    I’m saying with plus.

    • @ZeroRiskAppetite
      @ZeroRiskAppetite 8 месяцев назад +1

      Extra gives you eveything plus does for 2 quid less

    • @smoothie9931
      @smoothie9931 8 месяцев назад

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

  • @sidkings
    @sidkings 8 месяцев назад

    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 8 месяцев назад

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

    • @sidkings
      @sidkings 8 месяцев назад

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

    • @ZeroRiskAppetite
      @ZeroRiskAppetite 8 месяцев назад

      You should be able to get the 'Network' railcard

    • @sidkings
      @sidkings 8 месяцев назад

      @@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.

  • @tf2368
    @tf2368 8 месяцев назад +23

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

    • @karanamin1918
      @karanamin1918 8 месяцев назад

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

    • @chinyereUgwuoke-tp2lh
      @chinyereUgwuoke-tp2lh 8 месяцев назад

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

    • @chinyereUgwuoke-tp2lh
      @chinyereUgwuoke-tp2lh 8 месяцев назад

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

    • @Masuiatfres
      @Masuiatfres 8 месяцев назад

      How? Please who can you recommend me your professional?

    • @chinyereUgwuoke-tp2lh
      @chinyereUgwuoke-tp2lh 8 месяцев назад

      +1864

  • @semih4270
    @semih4270 7 месяцев назад +1

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

  • @AlexCowardMusic
    @AlexCowardMusic 8 месяцев назад

    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  8 месяцев назад +1

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

    • @danielpeti3885
      @danielpeti3885 8 месяцев назад

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

    • @j.d.9848
      @j.d.9848 8 месяцев назад

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

  • @uksteveee
    @uksteveee 7 месяцев назад

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

  • @thedarkshogun88
    @thedarkshogun88 8 месяцев назад +1

    Meh

  • @BenM388
    @BenM388 4 месяца назад

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

  • @KA11PLY
    @KA11PLY 8 месяцев назад

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

    • @BeCleverWithYourCash
      @BeCleverWithYourCash  8 месяцев назад +1

      Yeah, Lloyds too in July

    • @Richard_Barnes
      @Richard_Barnes 8 месяцев назад

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

    • @EdGordon1991
      @EdGordon1991 8 месяцев назад

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