Hey guys, so I’ve been with Monzo since the start (pretty much), and I’ve been waiting for the Switch service to come available, and now it’s finally here, I’m tempted to move to Monzo fully from Lloyds Bank, who I’m currently with.
Now, I’m just looking for some advice/help, as I’m only 21 and just want to be pointed in the right direction. So, as mentioned, I’m currently with Lloyds Bank and have a savings account and Help-to-Buy ISA, so if I used the switch Service what would I do with those accounts? Should I keep them both with Lloyds? (The ISA is a must I guess). Any advice would be helpful.
In terms of the Switch, all direct debits, standing orders and even my salary is converted automatically, is that correct? or do I need to contact payroll at my workplace?
Any people that have switched, I would like to hear your feedback and maybe give some reasons why I should change & some DO/DO NOT’s would be cool too