A big reason for me for it not to be my main bank is this:
which means for some payments I still use my primary account when it is something that would incorrectly skew the ‘spending’ numbers so much it is better to under report than over.
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It’s a Nationwide FlexDirect: 5% on the first £2500 
Perhaps a little unfair?
I maintain 3 current accounts:
Santander (Interest bearing, approx £30 per month)(£1200 in 3 years)
TSB (Interest bearing, approx £14 per month)
Firstdirect. (No interest but very easy online banking)
The reasons I haven’t moved main account to Monzo:
1: No interest bearing or Savings accounts
2. No Joint accounts
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- Apple Pay
- 3D Secure
- CASS
- Interest
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FD do also offer a 5% regular saver, if you didn’t know.
Thanks, I’ll look into that
What’s preventing me from making it my ‘true’ main bank account:
- The ability to receive and make international payments
- Ability to pay in cash
- Ability to pay in cheques (I don’t get many)
- A small overdraft facility would be useful
In practice, however it’s almost my main account for day to day activities. My salary goes into my HSBC, then I transfer a large chunk into my Monzo which I spend from on a daily basis. I can’t remember when I last used my HSBC debit card.
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- Apple Pay
- 3D Secure implementation
- International payments & IBAN provision
- Interest when in credit (something decent like Santander 123)
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1.No sticky references ++. Need these all the time for paying to savings accounts and various organisations.
Otherwise would like…
2. Joint Account
3. Manage CA and Credit Card(s) in 1 place.
Also…
4. Pay in cheques
5. International Payments
Post them to us, FREEPOST MONZO 
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My main issues are realistic and super important (only because i work in around the sector):
-
CRA reporting - im not aware of Monzo reporting into any of the large credit reference agencies? (Experian, CallCredit or Equifax)
-
How do i get petty cash into the bank account?! Have they signed an agreement with the Post Office yet? So i can stroll down to my nearest branch and pay in cash or bank a cheque?
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My current provider is also providing me a reward to continue banking with them on a monthly basis, i know why Monzo aren’t currently doing this, but nonetheless, i like free money
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Do he not just say the very same thing that you are asking him about?
CRA reporting - im not aware of Monzo reporting into any of the large credit reference agencies? (Experian, CallCredit or Equifax)
Is that a bad thing? I enjoy having a bank that doesn’t leak all my financial data all over the place for scammers and hackers to see.
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CRA reporting does help show stability and verify identity. Monzo definitely does report, at least to CallCredit.
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I haven’t swapped main accounts because my Santander 123 account pays 1.5% interest.
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In order of importance:
Can’t be bothered to move all my direct debits over
Lack of international payment options
Not being able to pay in cash
The paying in cash thing is a unfunny joke that continues to be less funny the longer they leave it.
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Monzo are essentially trying to shift people away from cash by the looks of it (part of me doesn’t blame them)
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I don’t think it’s just Monzo, it’s simply the fact there’s very little reason to use cash in 2017 (and now 2018) - cards and BACS are functionally equivalent, faster and more secure.
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Yeah maybe but we are not reached (nowhere near) that point in the UK yet. A current account that you can’t pay into is a oxymoron.