Additional benefits to premium

[Andycn (Andrew Norton)]

It would be great to have additional benefits on the premium cards. With the ultimate rewards card at Halifax you have car breakdown cover. This would be a really handy addition to the benefits that you already have.

I would switch to Monzo for everything if that was the case.

[ndrw]

Car Breakdown:

Adding Car breakdown cover to premium benefits

Has there been any mention of this happening? I current have a regular high street bank account and a monzo account. The only thing stopping me swapping across fully is the ease of having all benefits on one account.

Add AA/RAC breakdown cover to Monzo Premium?

Hi I recently saw that a new Monzo account has been released, Monzo Premium https://monzo.com/i/current-account#bundles… I was initially drawn to the features of insurance for your phone, and well… that was about it. For £15 a month? It’s quite expensive as most of the Monzo Plus features that come as part of the Monzo Premium account presumably are just gimmicks? What I’d love to see included in that £15 a month package, is breakdown cover since breakdown cover on it’s own can easily …

Better benefits:

Contemplating cancelling my Monzo Premium

Thinking about cancelling my Monzo Premium. Is there any plans to revamp the offers list or benefits? The only change I’ve seen to the offers is companies being removed.

Household phone insurance on monzo premium

Please change this from just account holder to whole household. And change the excess for non iPhones to £50. This would bring you in line with Nationwide Flexplus which is already cheaper.

[JIMMWX (Village Idiot)]

Hi and welcome @Andycn.

@ndrw has done a great job and noted the other posts - although to be honest there haven’t been any real seismic changes in either plus or premium since launch so I wouldn’t expect this to happen any time soon.

FWIW - Premium is to me reasonably comparable to others, with the possible exception of flex plus but I agree, doing more (even with a slight additional cost) would make it really great.

[Andycn (Andrew Norton)]

Thank you both @JIMMWX and @ndrw - saw all those other threads after I posted (newbie over here) ahah But I think it would be the game changer for me to have the breakdown cover included as standard. We would move over immediately. Currently pay £17/month so would be happy for it to be more for sure.

[Peter_G]

This is a tricky one. I don’t drive so I wouldn’t want to pay extra for something I don’t use, but I get the benefit for others.

In the early days of Plus there was talk about mix and match benefits, but I think that was swiftly abandoned.

I do wonder, though, if rethinking that decision to allow us to choose standard Plus or Premium, or to easily configure for different options (metal card with Plus? Add breakdown cover to Premium?) might not be a good idea.

I’ve no idea of the numbers that’d be interested or whether it would be worthwhile…

[ndrw]

@Peter_G

In the early days of Plus there was talk about mix and match benefits, but I think that was swiftly abandoned.

I do wonder, though, if rethinking that decision to allow us to choose standard Plus or Premium, or to easily configure for different options (metal card with Plus? Add breakdown cover to Premium?) might not be a good idea.

I’ve no idea of the numbers that’d be interested or whether it would be worthwhile…

Mix and match is never going to happen, at least for a bank of Monzo’s size. You need to be able to show a benefit to the partner companies in order to secure a reasonably good deal. And saying “sell breakdown cover for cheap to 10% of the 10% of users who have Premium” (numbers plucked out of my arse) does not sound as enticing as saying “sell breakdown cover for cheap to 10% of customers”

[Revels]

Unbundling means Monzo don’t make the money. They need people to pay and not use things.

Adding more things to Plus/Premium that cost Monzo money isn’t going to happen without increasing the cost.