You could do what @Peter_G does if you wanted to give them a proper try at this.
I don’t agree with this assertion at all. I think Chase are bringing their own revolutions to the game that didn’t exist before and I really like it.
Those things may not be as enticing to you as Monzo’s approach, but that doesn’t mean they’re not trying to innovate. There’s a lot of new paradigms of doing banking that Chase have introduced, and I like all of them. It’s not quite on par the the number and quality of tools that Monzo offer yet, but I wouldn’t expect them to be.
Depending on your use case for virtual cards, Chase’s solution with the numberless card is a more modern, unique, and perhaps better solution. This approach is quite a big innovation that hasn’t been done before in the U.K., and given how frequently the fintechs have bothered to improve in this area, the push from a new competitor was sorely needed.
Depending how you use pots, Chase’s approach is both different, and in some cases better, and in others worse for the problem they solve. It’s another approach that no one else has done.
Being able to pay direct debits from a savings account is another thing I’d describe as revolutionary. It potentially changes the game for how people are going to be able to manage their direct debits.
There’s a lot of innovative and revolutionary new ways of thinking in their approach. It might feel a bit more legacy, but to some that’s not a bad thing. But it’s a new take, not more of the same.
Your take here reminds me a lot of what I saw from Atom’s customer panel, before I started making some noise on these parts and more people got involved. Everyone wanted them to be the same as their legacy bank, just with better rates, whilst criticising them for being the same.
I don’t see where the logic is in saying they’ve copied the new banks but then don’t offer the same innovations as the new banks do.
What I like most is how fresh the approach feels. It’s innovative, refined, yet more old school, and I like that. I’d love to see some innovation from them on the budgeting side of things, but I don’t want them to just copy Monzo because that doesn’t work for me.
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