Oh, that’s crap! Sorry to hear that. We’ve just got back from Singapore and while my Monzo card was a talking point for the colour, I bought a birthday prezzie for 'im indoors on my aqua credit card, with no fees and managed to claim tourist tax back which went straight onto my Monzo card no problems
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I really like having all my transactions in one place though - I’ve even stopped using paypal. Once monzo fully integrates with other credit cards (full details of all payments) it won’t matter of course.
Me too @anon36776943, we rent cars several times a year in Spain and you’ve got to have a credit card for them to lock off the deposit. Poor guy in front of me was in tears as they wouldn’t give him a car, eventually he had to take their daily waiver at €18 a day for 28 days. Ouch!
Hey,
Credit cards is something I’m definitely interested in and will make me fall in love with Monzo more so than I am now. Simply because Monzo will be an all in one platform, offering current accounts, loans, credit cards and more. The one stop shop!
I’m 23, finances are ok ish. Well not ok, but soon they will be due to starting a new job, whipee… here comes the salary… time to clear off debts.
For me, I’m not bothered about rewards, cashbacks etc at this stage of my life. I tend to use credit cards for three purposes (combined); short term interest free borrowing - helps with prioritising the £s to match my needs. Longer term credit for buying bigger ticket items, this is probably a pivotal reason, it just gets us out of a hole I guess to purchase what we need or want. Hands up, credit cards in general dig another hole, but it’s something we’ve got control of and if used correctly can be beneficial. Lastly, to improve credit rating. Me being 23, I know how important a credit rating is. So I’m trying to do all I can to keep it in tip top shape.
One other thing, consumer credit act is a must. It just gives that added peace of mind which we’re all after whether we think we are or not.
So in a nutshell, for me, trash rewards cashback etc, and innovate long term and short term borrowing with Monzo’s own credit cards.
Laters guys, nearly 12am, need to watch the Aj v Ruiz match again, still shocked. Early start, doh!
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Interesting to hear a chap from StepChange (debt charity) encouraging people to live in “financial real time,” rather than storing up problems in credit cards. This really seems to be @anon91821566’s philosophy.
I agree,
I can see the benefit of using other providers market cap to pull people into Monzo’s ecosystem. However I do believe that a lot of people join Monzo because we fundamentally object to dealing with antiquated banks that make up the current other offering. The alternative would be to get a credit card from one of the other new banks though I feel that would actually hinder Monzo’s growth.
So in short, please can we get a Monzo credit card now pretty please. Apple Card seems like the only other viable option on the horizon for me in the UK as it stands.
Why Apple Card over another credit card provider?
What makes you think the Apple Card is coming to the UK any time soon?
If it did, it wouldn’t be the same as the US version in terms of cashback etc
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Funny I was thinking apple card but for a different reason.
Goldman Sachs provides that for Apple, why doesn’t Monzo get someone like MBNA or Amex to provide theirs?
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Honestly, because it is part of an ecosystem I am already in. My interest in a credit card is purely to build credit rating as I start to think ahead to my 30s. So ease of use and management at hand (on my phone) is key. Apple Card just seems like the most frictionless option beyond a Monzo in app solution. Everything else requires engaging with another company which isn’t out of the picture. I am just a layman who values simplicity and ease of access/management at this stage in my life.
Nothing concrete, simply I believe it will be popular and thus the company will push it out to as many clients as possible.
Oh, to be in that position again 
alas a distant memory 
If you take the ‘easy life’ route with money, you’ll find yourself never getting the best deals, and paying more.
If they did one I’d assume it’d be by Mastercard who do their debit cards.
How has this got so many votes 
I’d want to know what Monzo could offer (rates or type of card at least) before saying that they should provide one.
I made the mistake of blindly jumping into Plus, but it’s a bit different with credit cards. So as much as I love Monzo I wouldn’t advise it.
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I was keen on this originally because I just wanted a modern credit card with a nice app. I’m not bothered by interest rates etc because I pay off in full, I just use them for S75 protection mainly. But AMEX have gone from strength to strength lately. Their app and customer service are fantastic. I don’t see how Monzo could beat them.
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Monzo don’t have to beat them. Having said that, I don’t imagine for one moment that they’re considering a credit card right at this minute.
I would love a Monzo Credit Card to have everything in one place.
Main reasons I use one:
Security / protection
Build rewards / cashback
Paying off monthly to ensure my credit score stays high
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I wonder if the solution might not be for Monzo to collaborate with Amex to get a branded Amex built? Amex have branded cards for British Airways, Nectar and a few others, so it must be do-able?
All the usual bits and bobs could be handled by Amex, but the look of the card would be Monzo+Amex, and then once the tighter integrations come along in the Monzo app (hopefully) they can incorporate more functionality. Of course, you only get the integration with Plus, so perhaps that’s a downside (or perhaps an upside if it persuades people to upgrade).
I thought Amex had pulled out of the collabs with other banks?