An idea to help drive revenue, an option to gift Monzo Plus to someone for 3, 6, 12 months.
Honestly, itās a pretty gift (I can think of other gifts I would prefer), but itās nice to have the option thereā¦ right?
and did I mention it may help drive revenue?
The unchangeable date, payment that canāt come out of pots, is annoying.
I really want to gift myself honestly - but did I mention it may help drive revenue?
I donāt see the value of Monzo Plus for me, but if someone were to pay for it for me I wouldnāt say no. But I see the point - there are many things that could be described as a gift but worth buying for someone.
Because of cancelling the card, reissuing a new card.
Monzo also donāt want a friction point. If you gift it to me, and I like it, I have to do something to renew it, thatās going to cause cancellations. And then thereās people that forget it expires and get new cards they donāt want because they wanted to keep Plus.
True, agree with you on that one. But theoretically, isnāt that the case with monthly payments anyway can cancel cards reissue cards as many times as I want - for the price of Ā£5 a month.
Again, I agree, but Iām sure a notification in the timeline to say your gift is going to expire, would be pretty cool. But equally, isnāt it the same with cancelling Monzo Plus now, still can forget it roll to the next month - negligence from the user can make things very messy. Un-Monzo like but just stirring the pot
I think the opinions towards if Monzo Plus being a good gift is down to the relationship between giver and receiver and not the potential revenue driving functionality of gifting a monzo product.
Betting companies set bonuses is a way that almost guaranties you will have spent the same amount (or more) with them before getting the bonus returned. That is why they are able offer the bonuses.