Is it possible to get the £1000 cash deposit limit raised at all?
When travelling for business etc I can quite often go to places that aren’t likely to accept cards and so will regularly withdraw a bit of cash so I can buy lunch or whatever.
Also going to a funeral Yesterday I withdrew a bit of a more substantial amount as I knew the bar wouldn’t take card’s, as it turns out I spent a lot less than I expected and have come home with £200 cash.
I’ve got a lot of friends weddings planned in the diary for this year and the situation could easily be the same (It’s always nice to imagine spending less than one might )
Given I already chuck about £150 back in cash per month it seems like just a few extra bits of cash over a 6 month period is going to take me over the limit and suddenly the deposit limit seems quite restrictive.
In the past I’ve also done collections for a local charity I’m a trustee of and just banked the cash then sent the money forward to the charity but putting an extra £500 in cash (and obviously soaking up the fee myself) is really going to put a dent in my limit.
I guess I’m going to have to keep a legacy high street account to pay cash into if there’s no way to raise the limit in Monzo?
I understand we’re mainly a cashless society and I’d love to be entirely cashless but it just doesn’t work like that sometimes and I’m worried this is the one limit I’m going to find is a struggle with my Monzo account.