Plastic free cards and general financial ethics

[anon99402360]

@Natalia

I’m wondering if Monzo have any plans for a plastic free card?

No plans. Even the metal card has to be half plastic.

@Natalia

I’d love to know more about what Monzo do with investing monies and that the information is accessible for all customers.

There’s a thread on ethics here:

Monzo Investment & Ethics Discussion

Monzo stores 75% of its money in savings accounts with Investec Bank. See https://monzo.com/ethics/ Investec are non transparent about their investment practices, do not have an ethical investment policy, and claims on their website to offer finance to “conventional power” and states that 12% of its investments are not in clean energy and therefore by their own standards are in dirty energy. An ethical investment policy is a transparent way for banks to state a clear rule for themselves to not …

Although it’s quite dated now and the thread got really silly. Essentially Monzo is Bank of England / Loan Book in terms of where your money goes.