Switching to Monzo - Help

This would mean a new card would be sent to me etc - right?

Basically, yeah. Just keep a quid in there or if you want to build up some ‘out of sight’ money then stick it there.

It’s what I do, Monzo is my main account but I have my Lloyds account still for anything like that, and it keeps an(other) active account listed on other credit reference agencies.

A new card, yes. New PIN, Sort Code, Account Number etc etc

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Perfect, sounds good.

So in terms of a list of actions (in order), please correct me if I’m wrong.

  1. Create new Lloyds account
  2. Perform CASS on my old Lloyds account to Monzo
  3. Inform my Payroll that I’ve completed CASS
  4. Let everything happen :grin:
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  • Create new account
  • Perform CASS, no need to inform anyone, they will all inform you
  • Enjoy Monzo
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Really? The thing is, I’m doing an Apprenticeship so my Wages aren’t directly given through my employer, they’re an external company paying my salary. Does this make a difference or do I do nothing?

If you’re paid via BACS or bank transfer it makes no difference :slight_smile:

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Yes, really. CASS takes care of everything. Even if a payment lands in you old (closed) Lloyds account, it will be forwarded to Monzo.

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All sorted guys, scheduled to happen next Wednesday. Thanks for your help! :grin:

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