Is there a particular reason Monzo use Mastercard instead of Visa? It’s something I’m genuinely interested about. Does Mastercard offer more concessions to Customers eg. with abroad usage?
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they were / are very helpful
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It mostly just comes down to who offers the better deal!
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Ahh, so does the bank have to buy the card issuing service as from them direct for a fee? How does a starter bank such as Monzo make a profit then, does the bank get a commission as such from Mastercard, for ‘x’ amount of money spent?
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