Monzo in Iceland šŸ‡®šŸ‡ø [Discussion]

I’ve just returned from Iceland where I used Monzo almost exclusively. I got out 3000 ISK at the airport when I first arrived ā€˜just in case’, but found that I actually didn’t need it at all. Even the taxis all take cards!

I didn’t have any problems using the card. Contactless worked most of the time, Chip and Pin was fine for the few times when it didn’t. Nobody seemed quite sure what the limit for contactless was, but they reckoned it was somewhere around 4000/5000 ISK which would roughly match up with the Ā£30 limit back at home.

At the moment the exchange rate is around 140 ISK to Ā£1, which makes pretty much everything eye-wateringly expensive! However, Monzo was a godsend in helping me to keep track of all my spending while I was there. It was my first time travelling with the card and I must say I’m really impressed! The little ā€˜welcome home’ notification when I landed back in the UK, along with a summary of everything I’d spend on holiday, was a nice (albeit rather painful) touch!

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Hey

Heading to Iceland next Wednesday just got my monzo card through the post today and by the sounds of it I won’t have a problem using it out there, will keep you updated

Jay

So just got back from 5 days in Iceland and other than getting out some krona to pay for a couple of tours (didn’t know at the time but even they took card on the tour bus) I used solely my monzo card for everything, contactless and chip and pin both worked fine.

Especially grateful for the notifications telling me how much I’ve spent that day so I could keep track on my spending, Iceland is not cheap by any standards, I was getting about 140 krona to the pound which considering friends only got 130 at the travel agency before we came was a bit of a result. Definitely made my trip a lot easier and a lot better value for money.

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The card itself worked flawlessly. Was / am very impressed.

The app kept logging me out which was annoying. Seems there is currently a bug when using the widget.

Hi guys,

First post in this super useful sub-strand of our thriving community!

I’m going to Iceland next week, so will provide another update shortly after.

Take care

Rory

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Hi All, spent last week in the very cold and :snowflake:ļøsnowy :snowman_with_snow:Iceland :iceland:
I took just my Monzo card and had zero issues. It was flawless throughout. One friend had a competitor card called Revolt. Im pleased to confirm his didn’t work in all places and he’s now converted to Monzo :sunglasses:

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my spell check used to change it to revolt as well :slight_smile:

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Update as promised.

Monzo worked flawlessly. With, in most cases, better than expected MasterCard rates.

I also converted three friends on the trip to Monzo’s corally goodness too, shame we Android users don’t receive Golden Tickets!

Take care all

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As a fellow Android master race… I can confirm that we do get them! I registered early January, got card mid January and got ticket on 6th February. I’m not sure how they are assigned to users or anything, but I definitely got one. :smiley:

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Ah, interesting, and thanks for pointing out! Alex S also picked this up with me separately, so much appreciated in both cases.

Was this via app notification?

Also, to take this further, perhaps a member of the team could elaborate on regualirity/triggers/criteria etc for receiving​.

Apologies if this has been covered in the GT thread, the Android, or another. Don’t remember seeing a definitive answer though during my trawling…

Ta

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@Avishai’s just jogged my memory :raised_hands:

Here’s the latest on golden tickets for Android, from Tristan in the developer’s Slack channel yesterday

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O, @alexs response explains why I didn’t notice it initially. But it looks like below and it will stay in whatever position it landed. Monzo’s info about investing worked the same way. If you had an account around that time, worth scrolling back to that date. :smiley:

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Here’s the golden tickets :tada:

Yes! That is awesome… Found it in my feed :beers:

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I’ve been to Iceland every year for the past 8 years with the intention of using a debit card exclusively, and I’ve not once had to use cash. I used my Monzo card exclusively this time around and had no issues whatsoever. Ā£7 a pint though! But that’s just Iceland. :airplane: :beers: :hotdog:

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I see you’ve been there so often that you’ve become a true Icelander - you went to duty free on the way in to the country! :wink:

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I have just got back from my Iceland holiday and my Monzo card worked perfectly.
As everyone else has mentioned, everywhere accepts card payments. Even a hot dog van accepted card!

I got some money out of a cash point to tip the guide on the free walking tour. I found that every cash point in Reykjavik had a fee of between 150kr and 200kr. (just over £1)

I also found that both my Monzo card and my friend’s credit card (who now has a Monzo card on the way!) needed a chip and pin payment before contactless would work.

It was my first holiday away without either my parents or school. I enjoyed it so much that I feel my Monzo card may get a little more abroad use in the future! :grinning: :airplane:

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Well, it’s outside of the EU so, it’s exempt of excise duty & tax meaning you can save up to 50% for most things. Even then it’s still ludicrously expensive, more than twice the price of buying alcohol in the UK, but much cheaper than Reykjavik itself. :beer: :money_with_wings:

Well if you buy your alcohol etc on the way IN to the country at the duty free, it makes it cheaper.

I went on a trip to Iceland a few months ago, and Monzo worked for me without any hitches!
It’s true that they take card pretty much anywhere, I didn’t withdraw cash for my entire trip.

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Looks like Thomas (one of the Monzo team) didn’t either :tada:

https://twitter.com/thomas_ag/status/884800029017477120