Going on from a comment in another thread I think it makes sense for monzo to charge a user for a replacement card once they hit a certain threshold of replacements in a given period (say after their second replacement in a year).
Not only would this encourage people to take better and extra care of their cards but it would be good for the environment also.
Oh and it should be an easy sell to monzo as it would allow them to cut costs also.
- What does the community think should be the number of replaced cards after which a fee should be charged?
- Also in what period should be considered - calendar year? 12 months rolling?
- As for costs im sure it wouldn’t cost more than a quid or two to send a replacement card in the uk? so cost should be £2/3?
Poll for Threshold
Lets see what everyone thinks the threshold should be, hopefully our resident poll expert @Peter_G approves of this poll.
- 1 replacement
- 2 replacements
- 3 replacements
- 4 replacements
- 0 replacements, keep it free