Forbes article has a bit more information about the 
rollout.
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Oh hey. They are starting straight with Debit Cards. Nice.
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You need better information 
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“The Monzo Mastercard Debit Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard International Incorporated.”
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From the article Monzo wrote
"Monzo isn’t a bank in the US yet, so we’ll be working with a partner bank to make sure that your money’s safe (it’ll be fully FDIC-insured). "
Not necessarily;
Monzo isn’t a bank in the US yet, so we’ll be working with a partner bank to make sure that your money’s safe (it’ll be fully FDIC-insured).
Sutton bank?
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Yes, Sutton bank
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Isn’t Sutton Bank in Yorkshire?
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Why does it say they dont charge for overdraft fees
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Might not charge for overdraft in the US 
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Oh overdraft being free is very interesting
Will UK end up subsidising US benefits?
Fee != interest?
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No loans, and possibly no overdraft fees - so not much profitability to had as of right now (albeit the US is a gold-mine for ATM fees) so I doubt the UK will subsidise (especially seeing as Monzo aren’t even profitable yet).
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