I was wondering if Monzo are going to incorporate a system like revolute have with Rev Points as it’s the only factor that makes me debate switching over, collecting points is a great way to get most out of everyday spending/ bills
RevPoints is a total scam, and I don’t endorse it and wouldn’t appreciate monzo going the same way.
How so? You’re able to transfer rev points into Avios at a 1:1 rate which seems like a good perk to me
I don’t use air miles so there’s no value there for me.
It’s 1.5 points on the credit card, 1:1 on miles and there are the gift voucher options.
Plus the bonus options if you click the referral links through the app - for example, I’ve recently had 20x points on car hire and flights that I would have booked anyway.
I wouldn’t say it’s a scam if you are doing the spending anyway, and you are thoughtful about how you redeem the points (definitely need to be careful with that)
I probably wouldn’t use the points pocket or buy points through roundups, the redemption rate may be lower than they were purchased for and there’s better places to put your money.
And certainly wouldn’t consider purchases just to obtain the extra points.