Monzo and the Coronavirus

[michaelw90 (Michael)]

Just as a heads up:

Monzo overdraft

Information about interest rate capping on overdrafts is here: https://monzo.com/help/budgeting-overdrafts-savings/capped-overdraft-fees-coronavirus How it works At the end of the month we’ll calculate what we would have charged you on our fixed fee pricing (including the £20 fee free buffer) that applied before 1 April 2020. If your interest charge is going to be more than the fixed fee, we’ll cap it automatically at the lower amount. If you have a limit of up to £1,000 We won’t charge yo…