This is pretty good from Monzo, especially considering that theyāre not running any switching offers.
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I think the publicity behind Double Payday and Billsback has helped, will be interesting to see if they retain the customers. Iām super-impressed by Nationwide though, blowing everyone else out of the water.
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Dull menās club 
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Their onboarding rate is probably due to the Fairer Shares payment.
It will be interesting to see how many Lloyds has gained after the Ā£250 switch reward and Ā£50 refer a friend.
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I mean itās an excellent model and a building society differentiator. Why take a Ā£200 switch when you can get Ā£100 annually?
(Iāll save my reflections on why it could be seen as a regressive measure, distributing from poor to rich another time).
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Been waiting for this for years so that I join.
Coincidentally, the day we find out that Santander lost 20,000 customers is the same day they tell me that my Ā£0 balance Easy Saver Account interest rate is going down.
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They also have a Ā£175 switching offer on their site.
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Not just a switch offer at Nationwide, itās also a come back offer, and the way Fairer Share is set up now, you need to be using the account, so probably dragging people back
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Just reading last years terms.
I have a current account and saver account.
Simplified, add Ā£500 in to current account, withdraw x2 from current account in any two months Jan, Feb or March.
In March, add Ā£500, withraw Ā£200 x2, add Ā£100 to saver, and then leave overnight.
Guess if itās the same this year Iād be eligible with the above in mind?
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Still nothing on Revolutās numbers 
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They are talking about ābanksā. 
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Revolut is still a bank, maybe not a full bank as that would be intrinsic on them getting granted their full license but it is technically still a bank with its partial license on technicalities 
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Itās not providing licensed bank accounts to the masses, though. So still not a bank in the practical sense of the word.
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But does the legislation regarding AFP fraud apply to Revolut?
EMI are still part of APP rules. Itās a regulatory condition, not an FSCS condition.
The sole difference between Revolut and a fully authorised entity.
Not surprised with the increased competition around.
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