It’s in settings, somewhere at the bottom,
Monzo user #…
Member since…
Similar instruction for Android and iOS. Please check on the prepaid app, as CA app shows a different number. That being said, my android CA now shows correct user number, so might have been fixed, not sure about iOS app.
Yes, the number is the same for both but the dates are from when you joined each app. March 2016 for the prepaid and July 2017 for the Current Account. I think I was in the first 250 as I went to the London office to collect it
I do actually hope Monzo does not start bundling completely unrelated things like random insurances with the current account.
Even cash back is stupid, since the money just comes out of your own pocket via the fees charged to merchants and this higher retail prices. (But I assume Monzo can’t do anything about those fees?)
I’m also hoping they don’t start doing the bundles even though I actually use them with my other bank! What I’m hoping is that this is where the partnerships will come in use so that we get best value so there are equivalent services avaliable by providers we choose.
I think the card fees are set by the processors of the card machines. The likes of Visa and MasterCard mostly but then also the actually service providers so Barclaycard and the likes…I guess there is nothing stopping Monzo becoming a card processor but you would say it’s a totally different service aim to being a bank
I think that both Monzo and Starling need to get the basics of a current account spot on before chasing new ideas.
The ability to set up and manage new payments in both challenger bank apps is underwhelming and lacking in functionality compared to legacy banks RBS and First Direct who both make it very easy. Let’s face it, most people will have standing orders, direct debits or both on their existing current account.
What sense is there for them to move to a challenger bank that can not match the level of functionality of their old bank? Not all new customers are tech savvy / interested in FinTech / inquisitive. They just want it to work.
I have a prepaid Monzo card and others. I am not about to make Monzo my primary bank (even if I was invited, and I’m not) contradictorily I am an early adopter but I am averse to allowing data which may be considered personal to be aggregated. I assert there is one thing Monzo has in common with legacy banks and that is it will ultimately assert it’s access to data from individuals as having carte blanch to use or share this as it thinks fit. That is my final red line. I admire individuals and companies who genuinely seek to break new ground but long experience has taught me that the most ethical seeming is just another instance of snaring those who are nieve. Probity is, or should be, the ultimate watchword of banking. So I find the PR offesinsive of Monzo and competitors quite un-reassuring because it seems to me, a lot like Cameron’s smoozsing. He and Osborne were arrogantly wrong in underestimating how their regime would be viewed. They were possibly the most outrageous at exploiting ‘public opinion’ and using RP as a tool, both of self promotion and social/political change. I am perfectly willing to declare my outright opposition to their politics and to their self promotion but I am equally opposed to any politically motivated entity using my personally attributable data for their own ends. Let’s not be coy here, so called anonymous data, whether encrypted or not, is not anonymous but very easily processes to be of high value and crucial (commercial) value. Hence, no mater what assurances are uttered, I think Monzo’s ultimate weakness is that it has predicated an awful lot of data capture and a huge amount of financial backing. At some point in the future all this will come to a head. If they fail, or succeed, will become the most pressing issue. So that is why I will not agregate my online data to a single entity, and why I do not prize Monzo. I predict that events will determine that Monzo’s seemingly ethical stance will be compromised. Past performance may not be the defining factor but I forsee a hypothetical situation where discretion and rectitude are compromised in the name of commercial interest.
The actual integrity of Monzo Bank is yet to be established. Those who chose to sign up are of course entitled to do so, but I wish to register a sort of procces whereby some of us are not so trusting, nor so self-indulgent,
That was a fun thought stream. Surely though unless you go off grid someone has all your data? If you use one bank account over another not sure what Monzo is exactly aggregating here.
I’m hesitating upgrading to the CA. I didn’t really want another bank account, I wanted a prepaid MasterCard.
Just a super simple card to pop money on and spend it with visibility. It’s the only card I use and it’s great knowing I’m not dipping into the bigger pot which I keep elsewhere.
The idea of a CA seems like a bit of a headache. It does sound like it has some cool features with the pots feature for saving etc… but I wish I had the choice to keep it as a prepaid MasterCard as I thought that was great in inself and the simplicity I need and want to keep right now.
Transfer money, spend it, repeat … not sure why that is any different to the prepaid card(with the exception that card top ups are currently not available)?
@Coop you can use Monzo CA same as you have used prepaid. Wait for card top-up feature to come for CA and then just keep Monzo as you were on Prepaid. There are a lot of misconceptions that if you open CA it can affect your credit history but thats just not true unless you apply for overdraft.