I currently use YOLT to manage and categorise spend across multiple accounts, free SEPA transfers and Visa Debit to trade between my crypto assets and FIAT, and Apple Pay to pay for the majority of my shopping using my watch, all for free minus the spread on the international exchange rate that the bank uses and the Visa/ Exchange withdrawal fees.
I get all of this from the ‘Bank of Last Year,’ which paid me £100 to open an account so surely the Bank of the Present’ should be able to offer me more and the ‘Bank of the Future’ should be able to offer me some sort of solid additional advantage in terms of convenience in my life?
I like the idea of a non traditional bank but is there any reason that in the future it won’t continue to lag behind in terms of convenience, reliability and functionality?