Q1.
The Apps asks for a 4-digits password when I log in on a smartphone.
Is the password for the Master Card the same?
Q2.
I can send and receive money using the Monzo bank acc number with a sort code. Can we also send and receive money using the 16-digits Master Card number? Any service charge will be incurred?
Q3.
If I have money in the bank. Do I need to add money specifically to the card before spending?
They are different, but they can be the same if you choose to use the same PIN to unlock the app as the PIN that has been issued to the card (NOT recommended)
You can’t use the card number to send and receive money. The card is used to pay for things in person or online. Sending money is done through the app (and a request for money/payment can be sent to individuals using the monzo.me feature)
The card isn’t a 'pre-paid/‘top-up’ card and so doesn’t need to be topped up from the bank account. When used, the card will use the money in the bank account to make payment.
Security is different things to different people. I feel safer when I have the maximum security active, just in case of ‘accidents’. Especially accidents that may affect or reveal my financials.