Hi sorry if this has been posted before but im little confused.
Monzo is my main account wages in and DD paid out each month and it says i get fee free atm withdrawals but then talks about 3% charges.
Can someone confirm what the rules are as im confused by it all
Thanks
Do i get unlimited fee free withdrawls or is it 400 then 3%
Thanks
Or is it unlimited for the month and 400 a day limit
They are different limits.
You can take out £200 everyday if you want but only the first £200 that month will be fee free.
If you take out this much cash, just find another bank. If you want cash on holiday, get it exchanged before you go.
So i use my monzo as main account and says unlimited atm withdrawals in uk and eea and on limits screens says 400 sorry now your confusing me more
So looking at what you refer to with the 200 i read it as 200 daily and i get fee freé every 30 days as i use as my main account as per the 2 screen shots attached
All the info is there in your screenshots and the link.
These are the limits for how much cash you can withdraw in the UK and overseas. You can withdraw up to £200 for free every 30 days, then we charge 3% on anything above that.
Ok i read this but the other screen shot says unlimited fee free that where im getting confused
£400 is the daily limit. For everyone.
This is what YOUR limits are from your screenshot
These are the limits for how much cash you can withdraw in the UK and overseas. You can withdraw up to £200 for free every 30 days, then we charge 3% on anything above that.
Mine shows the same and I’m Monzo Plus. I’ve always read it as having unlimited fee-free UK & EEA ATM withdrawals but limited to £400 maximum withdrawal per day.
That how i read it too but its so confusing and i go away in few weeks and be my first time using monzo in spain i work for an airline and everyone recommend monzo so i dont need a travel card and dont need to take loads cash out so is what you said correct has it worked for you
I haven’t actually tested it but I can’t see how it can be interpreted any other way, tbh.
I travel to Spain quite frequently and can’t recall the last time I needed cash (apart from paying a family member who insisted on cash).
If you do want to withdraw cash at an ATM they will all charge a fee (except Unicaja).
And i believe that is 400 a day with monzo as main account or plus is that correct
Thank you for confirming what i thought
All the chatter here may have caused some confusion and misinformation and people not using the information provided to give a specific and accurate response…
For the OP (@mbks1981) based on the screenshots they provided:
Within the UK and EEA (which Spain is a part of), you will have unlimited ATM withdrawals without charge, but you can only withdraw a maximum of £400 per day.
Outside of the EEA & UK, it’s £200 and then you are charged 3% (still £400 max a day).
Remember, if you are withdrawing or paying for something outside of the UK and asked which currency to use, select the local (Euro for Spain), not GBP.
