Living in Ireland

Monzo Chat
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I’m not so much travelling, although I can see how it might apply. I have a residence in the UK (Northern Ireland) and live in Ireland. So I was able to get my monzo card through my UK residence. However, I will be getting paid into my Bank of Ireland account in euros and living in Ireland on a day to day basis. I like the idea of using the monzo card but I’m afraid at this not being worthwhile.
Will I be losing out on money when I transfer money from my Irish account to Monzo and use it to pay for everyday items in Ireland? ie I want to pay in euros for a coffee using the monzo card but the currency on the monzo card will be gbp.

2

You might lose out but you might gain as well, depends on how the exchange rates fluctuate and what happens with brexit

3

Thanks. Okay, so that’s just like going on holidays and spending in a different currency. Other than that, will there be no costs between: Getting paid (EUR), transferring this pay to the Monzo Account (GBP I think?), and then paying for everyday items in Ireland (EUR). Eur->GBP->Eur ??

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Or

6

thanks for you help. I think I will give transferwise to monzo a go. Would be a lot easier if Monzo/ or a similar competitor just had a euro current account I could use!

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https://www.starlingbank.com/current-account/euro-bank-account/

8

Also, take a look at bunq.

9

With your Irish address you should be able to get N26

10

They have the go ahead in Ireland but as yet nothing.

Starling has a waiting list for euro accounts and monzo never seem to be too far behind…
I’d also be interested in testing Euro account when they get around to offering it, I have bother Monzo and Starling. I prefer Monzo and use it as my main account so seems ashame that they don’t offer it in Ireland yet…

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