Ok so this has been on my mind lately and want to see some thoughts on how much you trust to have i. Your Monzo bank. This is why is ask…
I have sold my house and the proceedings obviously need to go somewhere but im feeling reluctant to have a large amount of money in my monzo even though i use them as my primary bank and salary goes into it.
I still have my Natwest account but only as a back up I dont actually use it. I think i will put my saving here instead of monzo just feel hesitant with them being the new bank, iv been with monzo over a year but still feel this way. I know they a FSCS protected.
Why do you think