I’m really enjoying banking with Monzo. Since joining, I have been able to manage my money batter using the guides and features in app. I like the cashback, but most of the options aren’t for companies I regularly use and would like to see (if possible) more high street options. Being able to manage my investment ISA is great, and the ability to manage and change funds is good, with a decent range of companies. For an investment dummy, the guides are very helpful to get started. Seeing the investment value go up and down makes it quite exciting. Max features are good and I was quite pleased to see the return of airport lounge discounts, used that a few times. Opening a loan was very easy, and the ability to make overpayments is a brilliant feature.
That’s the point of cashback – it’s there to incentivise you to shop at places you wouldn’t normally go.
Otherwise, the business would just lower its prices permanently.
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