Well no charge is obviously the best charge but we dont want Monzo to go the way of Supercard last July so let us do whatever is needed to keep it alive. I have a slight preference for Option 2 but whatever suits the majority best is clearly to be preferred, to maintain the customer base.
I can get charge free cash withdrawals anywhere from Santander via my Zero credit card but then I have to move like lightening to pay it back on the same day, to avoid the Shylockian interst rate. Whilst that is possible it is a bit of a pain to have to dive onto the net banking to transfer to the CC account, every time you draw out a few bob.
I have not known a foreign bank who did not charge for using their ATM whatever the card and here in Thailand, where I am at the moment, the Bangkok Bank charges B150 (£3.40) per transaction, irrestpective of the amount withdrawn.