I have just come back from Amsterdam and it seems now that with every card transaction offers the “service” to pay in your home currency. Usually this is at a very poor exchange rate, especially compared with Monzo.
Personally I find this kind of thing irritating and will probably be the next PPI. Which company is doing the conversion, how is competition regulated for the service etc. It’s preying on people not knowing how much their banks will charge. Additionally, I hit the GBP by mistake a few times
Is it possible to block this “service” from the Monzo end? I assume Monzo have no control over what currency gets charged, however there must be some kind of data sent to identify the home currency of the card. If this is not available, only the local currency can be charged.