Monzo Plus - here's what's coming next!

This works. I like it.

Top analysis job there - a great breakdown.

I’m still going to the 1.5% option - but that’s just my gut feeling considering my personal circumstances - we’ll have to see!

1 Like

Would be good if it was all of them :joy: so 2.5 up to £1000 then 1.5 up to £2k and 1 for up to £4k. Probably not feasible but it’ll be the win-win situation. Could even knock off 0.2 percentage (1.3,1.1&0.8) this way to help with costs.

1 Like

Legend, including the options after the cap is a nice touch. This really assists with seeing the break points of the different options.

The more I think about it the 4k seems great as its the LISA limit so a great way for people to be able to build that amount through the year and then shift the money over (hopefully Monzo start a LISA or partner with a provider in the future).

I live in one of the cheapest areas to live in Hull. Our bills, mortgage council tax etc is £1300.

It can be done here, no doubt, but not without living a barren life devoid of any luxury.

Or moving back in with your mum.

3 Likes

I got my email saying that i can finally join plus this morning. Im looking foward to see how it all comes together in the future!

1 Like

I don’t see that, am I missing something?

It’s been pointed out before that Apple Pay images should reflect the physical card.

MonzoPlus! :slight_smile:

4 Likes

I went for the 1.5% on 4K but mostly because I have a number of smaller pot that have more then 1K already. So if non interest pots get the same return then that’s the obvious answer for me.

If a pot goes over £500 it’s going into an interest pot.

If however it’s just on your main holding then yeah 2.5% would make sense.

Any update on investor plus cards?

Does anyone know if this early bird monthly fee will go up after 12 months to the full amount?

It will go up to the £6 they are advertising, but the pricing might change untill then.

This is a nice visual for where your money goes. Mind sharing which tool you used to make it?

2 Likes

Thanks to @anon66544660 :raising_hands:

1 Like

I don’t quite understand why the emergency cash and the £400 free of charge withdrawal limit abroad are not separate features . I think the £400 free of charge withdrawal limit should be a core feature and the emergency cash can be a custom feature :thinking:

2 Likes

Did anyone else get their invite today? :smile:

2 Likes

Today was the day! :tada:

14 Likes

What if I don’t want a new card yet? and how long to the Investor Plus ones?

Ordering a new card is optional, you can stick with your current card if you’d prefer. :blush: