This is hilarious given the 7 days and lots of branches is meant to make banking with them convenient
I think it was partly because they wanted you to experience their stores/service in person, if possible, so they had the opportunity to wow you with things like instant debit card printing.
I am sure I read about someone over on the MSE forums who actually opened an account with them ages ago by sending in things in the post, after contacting their CEO and saying they wanted an account but lived too far away from a branch to open it in person.
Their branches still don’t cover the whole country, but it’s much wider coverage now than when they started (it was basically only London at first, for quite a while).
I tried it out recently. Idea good, implementation less so. But keen for Monzo to take the baton and run with it.
Which I do remember being wowed by once in fairness.
I opened a Metro account for fee free Europe spending before Mon(d)zo existed and was very impressed by walking in, opening, and walking out with my new card.
Never going to happen - see your first post
You’re right - but smart rules don’t work on Emma particularly well and they seem to have now shifted their focus onto developing an ‘all in one’ app with shares/crypto/splitwise type features
If monzo sorted manual accounts I think monzo plus gets you more for your £5/month than Emma offers for that price.
Ha. I got a Lloyds credit card this week as it has 21 months interest free (and connected accounts)
Monzo has barely got going on open banking. It seems like a forlorn hope
Moneybox for savings would be
Zopa credit card
Tesco Bank +1
I would love if they had Natiowide ISAs too but sadly NW don’t have them opened up as part of Open Banking
They’d be forced to if the expansion of Open Banking, as discussed above, comes to pass.
Banks not supporting savings accounts is very widespread at the moment, and incredibly annoying!
Yep, for most providers it’s very difficult to link pending transactions with settled ones
Well, Coutts over for me
There’s chatter about this here
Just because I’m a perfectionist, here’s a slightly better poll. I won’t close the other one because there’s already been a load of votes.
- Bank of Ireland
- Coventry Building Society
- Creation Cards
- M&S Bank
- Manual accounts
- New Day Credit cards (see first post for list)
- Sainsbury’s Bank
- Tesco Bank
- The One Account
- Virgin Money (M, Club M, M Plus, M People)
- Yorkshire Bank
- Yorkshire Building Society
- I have all I need
- Something else (explain below)
My something else is:
How does one remember to include Coutts but forget about Triodos!?
Look upwards, “Tom”, look upwards…
Don’t tell me that was there the whole time!?