Ordering a new card is optional, you can stick with your current card if you’d prefer.
I love the idea of Monzo Plus and I’ve just received my invite. But I’m not ready to sign up until metal cards and interest go live - is it ok to wait, or will my invite expire?
I don’t think it will expire but you might miss out on the early bird £3 per month deal and instead get charged £6 per month
Doesn’t let me skip the card ordering on the sign up flow
Pick a card but it won’t send it to you unless you freeze and order a replacement I believe
Ah cool, waiting on the Investor ones, so I’ll save the plastic for now.
I got my invite today also. I really need to see more features before I would get any value here. Not bothered about a different card colour because I like hot coral.
I only believe that to be correct from readying on here, so you’ll have to be a guinea pig.
Don’t suppose you have much choice if you can’t get past that point in the signup process anyway
Am I missing something, or would the amount of interest earned annually be lower than the actual cost of Monzo plus for the most part?
I dont think it was every confirmed if this would be an option or not.
Last I heard there would be no “plus investor” cards unless someone can prove otherwise?
Of course.
I can’t imagine Monzo will put themselves into the position of making a loss solely through the amount of interest on offer!
Ive spoken to someone from Monzo Plus and i said to them i dont agree with the price going up to 6 pound for people who just want the basics and the different coloured card i said i can understand for people who want the extras but not everyone wants the extras
What about this?
I think the interest is aimed at “subsidising” the overall cost of plus so it makes it a bit less of a bullet to bite.
If Monzo were giving more money out via interest than gaining through Plus - it wouldn’t be a very clever business model.
My invite arrived today.
Yes!!
Try having a business where you pay out more than is coming in
Yes… me! Sign up and got the Monzo.me link with my first name too.
How long it take for the Monzo.me link to Change?
After signing up to Monzo Plus I saw there is a “Total left to Pay” section.
It would be useful if this could be added to repeating transactions/bills as a manual input section that would update after each payment. So for example if I buy something on credit, which has a direct debit, I would know how much is left to pay, or go one better and show me how many more payments?