Hello everyone. This is my first post here, sadly it is on slightly less positive terms than I’d like , but I’m sure it won’t be my last as this seems like a vibrant, engaged and proactive community.
Anyway here’s the issue and I’m sure there’ll be little new in it but worth saying as I am frustrated as to what’s going on here with Monzo Plus… Like many it seems I signed up for Monzo Plus in good faith and the hope my positive experience with Monzo in general would translate to this new, rewarding, product. To this very day I have paid my subscription, which was at the early bird rate. I have been checking in semi regularly on the Monzo Plus area of the app looking for updates to they list of benefits already there. Nothing happening. Incidentally I don’t recall ever being offered the insurance that other people have mentioned, but maybe that was presented to me at enrolment and I declined then.
Nevertheless the situation is that I have had to come here and wade through hundreds of forum posts to establish what is going on on, watching the debacle unfold almost thread by thread.
In short if I hadn’t visited this community I’d be completely none the wiser, while money is still drawn monthly. I think that it’s dreadful that a tech bank rightly famed and lauded for its proactive communication and transparency could not email paying subscribers even once to inform them what was going on here.
I even read posts about mysterious swag, something I never knew was on offer, (the swag in itself isn’t particularly important to me but principle is ) with posts saying “anyone who asks about it or posts here will get some”. Keep in mind this is against a backdrop of other /most(?) people not having any information about progress or mothballing of the product in general.
The lack of consistency in comms appears extremely worrying. I work in tech, I understand the need to “test” and how it can be done very well with production features. I also signed up knowing the product did not have a finalised roadmap because I support Monzo, I want it to succeed and this was a small way to put faith in that. So I’m not of the school of thought that expects this product to save them a fortune or yield a metal card or a t-shirt.
Where I do take exception and concern is that lack of information. For me it’s a building block of Monzo. Part of its success, its charm and probably the reason this community is buzzing with opinion. I thought they were an exemplar of top of class communications.
Please reach out to all of your customers who have Monzo Plus and outline their options, what they are entitled up and so on and make it real easy for them to choose their next option, at no cost to them. It’s a failed experiment for now, we all live and learn but don’t switch people off the bank in the process because poor communications can be got readily elsewhere.
Sorry for the overall mood of the post but I’m a supporter who hasn’t had the time necessarily to be engaged here so I’m giving my honest experience. I look forward to following more closely in future.