Introducing Monzo Premium

Assurant is Vodafones insurance provider and that next day replacement as long as claim is accepted.

Yes.

Go as if to make a call and dial *#06#

It will return your IMEI

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I now hope that because they have introduced Premium accounts that they won’t forget about the Plus users and will still continue to update our accounts with features and offers too. Would hate it if they now said all new features are being made for premium account users only…

All makes sense for me - I’m at the time in my mobile life cycle that I’ll very soon be upgrading to a new iPhone (making insurance essential again for me!), I was getting £5 value out of Plus and I’m still having to travel at the moment. :muscle:t2:

I wasn’t overly fussed about a meta card but I don’t really like the Plus one so even that’s a bonus. Albeit I can’t remember the last time it left my wallet in public anyway!

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That was delivered to the customer in excessive and premium looking packaging, not a manufacturing cost. A plastic card absolutely does not cost £4.

just arrived very fast & very nice.

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I’d be surprised if Plus gets forgotten, as it’s a big part of Premium.

Seems like the ‘philosophy’ behind each is:

Monzo: Core banking features
Plus: Additional app features for power users
Premium: Additional ‘real world’ (as opposed to in-app) features

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The raw materials might not, further up the supply chain, but to Monzo, it is a cost - they don’t manufacture them in house.

I thought you summed it up well the last time @TTJJ made the point that Monzo profit from cards :point_down: - monzo have an agreement with a manufacturer that costs X. They’ve stated they don’t profit from this.

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That was about SHIPPING costs for replacement cards abroad. Context is everything.

I don’t believe a new metal card costs a nice round £50 in 2020 (but I don’t care either, because Premium is not for me). In an article from three years ago, a card manufacturer said metal cards cost between $30 and $50.

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On all iPhone 11 and 12 you end up with two imei due to the dual SIM card option you have so which one is the one for the phone that will be confusing

Hey Anthony :wave:

The best way to access a lounge is actually by using the LoungeKey app. It generates a QR code for you, so you don’t need to use your Monzo Premium card at all.

If for some reason you did need to prove your legal name, you could show a bank statement instead, which you can view in the Monzo app.

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What’s your view on the card?

Premium should be more than the lower tier but there should always be the same on both but extra on the premium that’s how curve operate on their three tiers

I also don’t believe courier costs are a nice round £30/£40 either - but the point I was making is that is the cost that Monzo is given by their manufacturer (who also handle shipping) if we believe what they say (which I’ve got not reason not to).

What if that one is the cheaper end of the pool? We’d end up seeing a torrent of “this card quality is crap” type posts again. Cheapest isn’t always best :man_shrugging:

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I think they are pretty close to what other companies charge

So that’s interesting.

Just searched world elite MasterCard: https://www.mastercard.co.uk/en-gb/consumers/find-card-products/credit-cards/world-elite.html#

Supposedly means it would include insurance, lounge access, etc. Can anyone from Monzo confirm - are these additional benefits or are these the benefits being prominently displayed as part of Monzo Premium?

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it’s very similar to Curve, but I prefer the way Monzo has presented the info no the back.

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As suggested by that page, I believe that those benefits need to be provided by the bank supplying the card (Monzo in this case) to be allowed to use the World Elite branding.

This great post may help explain a bit more about the tiers: Mastercard Airport Experience

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Curve no longer put any numbers on their card like Apple.

Have to say, I do prefer having the numbers on the card myself

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If I lost my monzo metal card. I wouldn’t want to pay £50 for a replacement. I’d rather be offered a standard card for free with the option to get a new metal one at £50 if I wished.

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