Monzo has brought over a lot of people who have signed up mainly for the fee free travel benefits, however, I think once Monzo is properly up and running as bank / place to manage your money, I think there would be more of an incentive to switch not just for the cheap travel fees.
However as the product stands in its current form, I do see why it wouldn’t appeal to you as much if the fee free travel was gone.
I’ve been with Monzo since it’s the very beginning of the Alpha Launch when it was Mondo, it has yes saved me lots of money while travelling and I’m currently writing this from Spain and it’s saved us as a family money using it over here too.
Once the full banking system is up and running yes there would be more incentives to move to Monzo, and I do agree where the charges are much higher to withdraw your money we should stump up some if not all of the few, but in Europe it would be incredible to still have a free cash withdrawal as when you are on holiday you do mainly pay with cash when you’re out and about.
My bad, didn’t realise the options hadn’t already been posted. The straw poll was on how to structure overseas ATM fees. All three options were said to be not final and basically cost neural and were:
@anon91821566 said that he thought the issue would likely be put to a vote of the entire user base. If he did it would be good to see some form of potential voting used, not just first past the post.
It was suggested my an audience member that an annual buffer might be better and this was acknowledged as an option but it was stated that the annual figure would likely be a lot lower (compared to 12x £200).
We weren’t told anything about the options or any voting on overdrafts other than that it’s possible that this might be voted on by the whole user base too.
ID verification completed overnight so I now have an active and funded Monzo current account 
I think I just got into the first 700 - well past that in the last hour!
A friend of mine got the preview yesterday! I gave him his golden ticket 
Have they changed policy then? At our session we had to show we were verified to grab the card envelope
@RichardR do :mondo: use Jumio for ID verification. Is this an automated or manual process?
Tim Chung (who starred in the1st episode of Monzo Insider) has shared his experience of getting a current account in the first two minutes of this video -
The ID verification handler had a bit of a delay so it wasn’t as swift as it should have been.
That was the policy but it seems it changed mid-session, presumably because of how long the ID verification was taking. Since it seems that lots of us got verified between 2am and 4am this morning it’s a good thing they did let us take them and leave…
A couple of people asked about this on Twitter today too & Tristan’s explained what’s going on here in some more detail -
(The below tweet quotes the 1st tweet in this thread.)
https://twitter.com/trstnthms/status/895251784381452289
https://twitter.com/trstnthms/status/895251992301502465
https://twitter.com/trstnthms/status/895252151613739008
https://twitter.com/trstnthms/status/895252261613568000
https://twitter.com/trstnthms/status/895252447047938048
https://twitter.com/trstnthms/status/895252703584161792
Not here, went to Oz with my 
card plus my main bank card and never used cash while I was there 
I suppose it does depend where in the world you are, in Thailand I used a lot of cash. I’m currently in a tiny village in Spain where it’s predominantly cash with no card machine. But when I was in NYC I never used cash and only used card for card payments.
It looks like this conversation would be perfect for this topic -
you’re welcome to continue it here (I think moving it would cause too much confusion now) but it’s likely to get buried among the other 650 odd posts in this topic & ultimately, overlooked when it comes to the consultation 
You can quote text from these posts so that you can reply to them in that topic - if you have any questions on how to do that, I’d be happy to explain in a DM 
how do we find out if we are selected for the current account or not? I’m sure there is an answer somewhere but I couldn’t find it. sorry.
You’ll receive an email from Eventbrite (I believe) asking you to attend an event at Monzo HQ 
Said email will contain any information that you need 
thank you for your help
Cool thanks Alex, I’ll take a read of this a little later.
I hear there is a Current Account event in London tomorrow. Any dropouts?
I’m free 
Release notes of newly updated Android app for the current account suggest you’ll be able to get the card in the post.
“We’ve made some improvements to sign up… to post a card out if you can’t come to an event”