Starling who?
I wonder if Anne & Co. are still reading thisā¦
I wonder if theyāre thinking about closing dormant accounts?
Maybe - less data to migrate to Bo.
On a serious point, if RBS do acquire Starling, then theyāre doing it wrong if they donāt migrate their customers to the Starling platform!
Nah. They got bored of reading this about a week after they got bored of inventing a decent bank.
At least Starling listen to the problems we have with Monzo and fix them!
Just had to download my statements - Starling have now started naming their statements using international date format so they sort correctly. Monzo still name them all with the date you download them. Why Monzo why? Itās gotta be trivial to correctly name them.
I think Monzo really need a ātrivialitiesā list - thereās loads of stuff that seems (to me at least) to be really small, and would delight the user if addressed, but which seem to fall between the cracks.
A month focusing on polish would be cool. (who do we need to tag to make this a thing? )
Mineās on the front of mine!
How many items are you allowed to add to Monzo Time?
The Not So Bigly List.
I wish I could like this more than once. This is one of those small things which would massively improves UX.
Itāll be yuge. Itāll be great. So great. Amazing, actually. We do lists better than anyone else. Everyone knows this. Everyone in the world says we are great at the lists. Imagine what would have happened if Crooked Hillary was here. No lists. None. Weāre gonna bring back all the list making. Weāre gonna make lists great again.
Mineās on the front and backā¦
Haha. Make your mind up Amex
Just received my new card. The envelope being in portrait orientation too is a nice touch.
Jheez.
So many people act like you canāt use both, I have used both and think Monzo has better features but Starling offers a bit more overall.
- Depositing cheques/cash isnāt a necessity to me, Iāll just do that in a legacy bank and then transfer the money over.
- Community forums arenāt a necessity either, theyāre cool to have but not something that you should use to sway who you will use as a bank, that should come from experience of the app itselfā¦ N26 doesnāt have a community forum and theyāve got more # of users than Monzo AND Starling put together.
- People saying āMonzo has 1m users, Starling has 300kā. Starling has MORE users who use it as their main bank account, isnāt the monzo 1/10 people using it as their main account?
- Monzoās 50p overdraft is the equiv of using Ā£1500 of Starlingās overdraft (canāt remember the specific Ā£Ā£Ā£Ā£ but fairly sure itās Ā£1500).
- Starling do not charge if you have the used overdraft money available in a pot, Monzo do.
- Starling have interest on their savers.
- Monzo now show upcoming payments, which is very handy to most users (especially if youāre a contractor etc or donāt receive pay slips until after being paid).
Thereās literally arguments for and against both banks, I donāt honestly see why people get so obsessed in either banks, whether youāre an N26 user, a Starling user or Monzo user. Just use your bank, and if people ask for recommendations, recommend the bank you prefer. I REALLY donāt get the need for all the drama.
Again, not saying itās everyone, but some posts both on the Starling community (RIP) and the Monzo community are so pathetic, youāre arguing over a bankā¦
Most use both, as have I. If Monzo never closed my account, Iād still be with them and would have never tried out Starling. I have used both and would prefer to continue using Monzo due to the feature set, and the friends on Monzo etc. But it is what it is, and Starling have provided adequate banking for me. I will try out N26 next, and hopefully they will provide healthy competition and make Monzo/Starling step up.
N26 doesnāt have a community forum and theyāve got more # of users than Monzo AND Starling put together.
I like what N26 are doing and Iāve had an account with them for a year or so, but this isnāt really a fair comparison.
N26 is available to users in the following countries :
- Austria (8 million population)
- Belgium (11 million population)
- Estonia (1.3 million population)
- Finland (5.5 million population)
- France (67 million population)
- Germany (82.7 million population)
- Greece (10.7 million population)
- Ireland (4.8 million population)
- Italy (60.5 million population)
- Lithuania (2.8 million population)
- Luxembourg (600,000 population)
- Netherlands (17.1 million population)
- Portugal (10.3 million population)
- Slovakia (5.4 million population)
- Slovenia (2 million population)
- Spain (46.6 million population)
Thatās a combined 336 million people.
Recent articles state that N26 have 1.5 million users.
So out of a total market of 336 million people they have market penetration of 0.44%
By comparison, we have a million accounts solely in the UK which has a population of 66 million, giving us current market penetration of 1.5%. You might also say that we have 66% of the customer numbers that N26 have whilst only being active in 6% as many countries.
Itās not a competition, itās simply a different strategy. Iām simply pointing out that what you said is an incredibly flawed comparison.