This is exciting - but please can you give some more news around when the waitlist will be fully opened! I think I can say many of us are eagerly anticipating this answer.
Great stuff! If the interest rate offered on positive balances is greater than that available in the easy access savings pots I imagine that will bring a lot of subscribers on board as plus could feasibly pay for itself that way.
Will also be watching with interest the plans for airport lounge access and any cashback deals, although that will be a case of weighing up cost/reward.
At the moment I am still not convinced enough to sign up, but will be keenly watching!
That is what has been said but given the timescales involved I can’t imagine that’s what’s happening at the moment.
Either that or I, and many others quick off the mark, are just being missed off.
I signed up for the core Monzo Plus product last week and I’m wondering how flexible the extra features will be. I’d expect certain insurances (e.g., gadget and contents) would have minimum terms, but for the likes of the airport lounges and travel insurance will it be possible to add and remove these more flexibly on an as-needed basis?
For those of us who have signed up already will we be able to add minimum-term plans that outstretch the remainder of our 12-month plus commitment at a later date?
I disagree with the description of “launched” it’s beta testing/ alpha testing. Launched in my lexicon means ready for production. At least the term limited should be added
You’ll soon be able to add new custom features, and they’ll run until the end of your minimum term. At the moment, you won’t be able to remove them until the minimum term’s up. Hope that helps!
Love the new site and the clarity on the direction of Plus, just a few questions;
Any word about the status of the waiting list? Many of those who signed up the second it went live, myself included, haven’t gotten the notification.
I do like the idea of ad-ons, but for extra I would expect the foreign withdrawls amount to be higher than £400/month. That’s not nearly enough to make someone invest £3 extra per month when they can get unlimited foreign withdrawls for free with Starling. Any chance this could be raised or replaced in the ad-ons section?
I love the idea of interest on your balance and I hope this will also apply to amounts inside standard, non-interest gaining savings pots?
It’s very welcome to see they are advertising the £3 offer still, just hope they don’t pull it before people who signed up to the wait list have chance take out Monzo+ at the reduced rate