✅ Offer credit card 💳

[Toblerone (Toby)]

@Jackcrwhitney

If you’re putting in the long card number in theory Monzo would make a bit of money from this as they’d get a portion of the processing fee charged to Amex?

My understanding was that Monzo make a loss from this, not a profit:

@Toblerone

Don’t know if it’s covered by this but I’d love to know if I incur a fee for Monzo each time I make a payment to my Amex (manual payment not DD). I make incremental payments daily, but would be conscious not to, if I knew there was cost involved for Monzo

@joey100

We do incur a small cost for every payment you send out so if it’s all the same to you, batching up a weekly or monthly payment will help too!

I wonder if it makes a difference. It may be that FPS cost as much as is I pay it off online with my Monzo card.

However if one is cheaper than the other I’d make sure to use that!