Firstly great to be here and hello to all!
So I decided to take the plunge and open a Monzo account and debited the required £100. Today I received my card and firstly, wow. From the quality of the paper down to the quality of the card - I’m impressed.
I activated my card and instantly my £100 popped up. I am still yet to use it which is where I’m hoping you friendly folk could give me a hand.
So I’ve never had a prepaid card so firstly, will this/having a Monzo account/having a card with Monzo in anyway affect my credit score? I noticed it’s classed as debit but not 100% sure - apologies if this comes across as a stupid question.
Should I wish to cancel my account with Monzo is this something I can do? I’m not forced into a contract or a subscription or anything of the sort am I?
Thanks for now!