Monzo vs Santander 1-2-3?

@chrisduk112 & @Demmedelusive

Other than 1.5% interest on first £20k in current account and cashback on bill payments how good are the perks with Santander Select, in particular priority service?

You can get the same cashback with 123 Mini (only £1/month account fee instead of £5/month) and 1.5% interest can be achieved for free elsewhere (e.g. Marcus by Goldman Sachs).

I’m hoping that with Open Banking Monzo will become not only an AISP but also a PISP so I can still continue to use accounts at other other banks where they benefit me but have Monzo as the only banking app on my phone :wink:

1 Like