If you shine light through most debit cards you can normally see the loop for the NFC going back to the chip but on Monzo, specifically ICA17704 cards (not sure what this refers to but it’s the more recent, thinner cards not the AllPay cards) things look different:
So it looks like the chip isn’t actually where the chip should be (for some reason it’s below the magstripe?) and where the chip should be is just terminals. There’s also a bunch of wires going through the signature panel (no idea what that’s about).
Does anyone have any thoughts on why the Monzo card is so weird, why the chip is massive (and in the wrong place) compared to any other card that I’ve looked at and why there are wires running through the signature panel?