That’s £5 more than Nationwide 
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Yep, the Platinum one is £5 more, or 38% more expensive than Nationwide. Nationwide’s breakdown cover is now with AA too, which allows you to get help by calling AA through the AA app too. Plus, IIRC, breakdown cover also applies to any vehicle you are a passenger in, not just the one you are driving, not clear if Monzo would offer the same (moot point as it wouldn’t matter at that price).
I’m drawn to Gold. But it’s not perfect.
- The railcard is odd. I’d happily take a Network Railcard (I buy one anyway) but then what about those outside the southeast?
- Are the interest rates fixed? The big issue with Plusium has been that they haven’t gone up with rate rises. And more are expected. They’ll probably go down at some point, too.
- There’s no stated limit for deposits to the savings account. This is excellent if true but the devil is in the detail.
- The credit builder card feels a weird universal offer. Some folk will need it, some it’ll be a bit redundant. I wonder if this was a targeted survey at a particular (young?) demographic - Young Persons Railcard and starter credit card kinda fit.
Looking at some of the other plans, I’d rather have Spotify instead of the Railcard, or the supermarket cashback and interest on roundups. Or just rip off Chase with 1pc cashback across the piece and 5pc on roundups.
No word on cards and designs though! Which I know lots here will be interested in.
Anyway, I suspect that this was to refine the offer down to one of the three sets, then to get the balance of features in each right.
But good effort, I think. Even if I did feel slightly dubious about whether this was from Monzo initially.
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I’m not advocating this, but I’d be surprised if it stayed. If for no other reason than the colours of Plus and Premium don’t really match the new brand guidelines.
It’s definitely from us.
Edit: just to be clear - the email from onepoll.com is nothing to do with us! My selective quoting wasn’t great there 
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Oh,
There’s absolutely no mention of monzo so far, I guess I can understand that, I got the email twice over 2 days, both went to spam.
I’ve got some different questions to the ones posted, looks like they are potentially contemplating some exciting things.
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I appreciate that this is very early stages and supports data gathering to narrow down development streams into 1-2 key areas. More of this please!
But - please go for simplicity! One of the main challenges with bundles the first time around was too much variation and choice, it was really hard to know which one to pick and what you got with it.
Here’s where tiered accounts really nail it. Basic, Plus, Premium and a range of features that each includes.
Also - options such as Apple One or HSBC Select and Cover really nail it for simplicity too. Pay one amount, get a pre-set range of things and there’s only three packages to choose from. It’s very clear what the cost will be per month and what you get.
Looking forward to seeing the development of this, it might tempt me back 
EDIT: it appears the survey below was nothing to do with Monzo in the end.
I didn’t screenshot every page, but the first few were standard how much do you and house earn, your age etc
Maybe you are shows different questions based on your initial answers.
Then it showed this,
Child accounts 
Then it asked which of the following combinations would you choose 9 times, it was always the same few perks but different amounts and pricing, here’s some examples.
Air miles
Check your spam for
“Win up to £50 and help build a Better Banking Experience”
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They lost me at “crypto”.
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I’m grateful for the reminder.
I’ve discovered that:
- I can apply for a physical Monzo Flex card
- Monzo are changing their terms and conditions
- UPS are holding a parcel for me
- Hundreds of Ukrainian women are keen to meet up with me.
Looks like I’m in for a busy summer!
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Crypto scepticism aside (but seriously, 'zo, don’t do it) there’s some interesting stuff in there. That “basic” package looks anything but basic though!
(@anarchist is probably weighting up whether there’s enough time in the summer for Tinder Gold and the Ukrainian women).
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I think for people (aka me) to pay in the region of £80 a month the account would have to be modular and be able to add and remove subscriptions at a discounted rate, but it would need to offer a wide range, not everyone needstinder and we work.
So a base price for the features and perks and then configure your own subscriptions, with one click cancel which is nice.
Spotify, YouTube music/premium, gyms?, headspace, netflix, Disney, FT and others, deliveroo and others etc, no end really.
This is promising as hopefully this means things like connected accounts come available to all.
I would opt for saver as i think having a competitive interest rate on ALL my balances would be a real game changer and make using the budget/trends features so much easier. Add in hopefullly getting connected accounts included would be great
Also added bonus of having the savings challenges native that i assume match the ifttt ones? Would be great also as they are doing away the ability to have more than 2 so win win
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What do we think?
- All Plus software features will be made free (Inc virtual cards, custom categories, Google export)
- Only some features will become free
- They’ll all still be paywalled behind a different package
0 voters
I am dismayed by this. I worry that by focussing, yet again, on random grab-bags of extra stuff that the focus inside of Monzo will become towards this and away from the banking product itself. I’ve seen it first-hand in other industries. It undermines the product.
If we didn’t have all the effort to cross sell you insurance, extra easyjet bags, or paying for a “free” coffee at Greggs, perhaps we could have things like Joint Account Parity.
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I’m not sure I agree.
While I’m absolutely in the camp of “fess up on how you’ve mucked up JAs then we can all move on”, I don’t mind a packaged account. Monzo seems to have enough momentum to do multiple things at the same time (although investments are taking an age).
For me, though, I’d love to see more focus on power software features - or just useful ones that wouldn’t otherwise get built. Paywall them for a couple of years to justify their existence, then mainstream them and do it again with a new set.
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I might have chosen ‘Saver’, but ultimately most packages rarely give the end user what they want. I know previously it was tried, but I still think a more modular approach to packages could be sought, with individual prices for each product allowing customers to select what they want.
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I think I like this direction as it will save me £5 a month.
Export and categories, are why I pay. Virtual cards I don’t really care about nor other accounts in Monzo.
As for insurances, it’s not going to be AppleCare+ for my phone, I don’t go away often enough to need year round holiday insurance and I already insure my car/home.
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I really think it’ll work for Monzo too. It’ll make folk more likely to keep money in Monzo and to use it as their main current account.
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It’s risky though! I’m quite happy paying £5 at the moment. Make the things I care about free and I won’t pay.
But if there’s now something else to pay for, Monzo need to convince me to pay for that instead. Which I think is unlikely (so far)
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