Will there be overdrafts on the Monzo current account and if so, will there be the ability to switch banks bringing that over? I have multiple accounts, one which receives my salary and has an agreed overdraft facility I also use. Can these be transferred over so I can change the account my salary gets paid into and still have overdraft facilities?
Further to this, will I still be able to top up the Monzo current account with bank transfer from my other account as I currently do with the prepaid card? Or is there an amount that must be paid into the account each month?
To be honest I’d be tempted to look into staying with Monzo for the long term. I haven’t really thought about it until this happened.
I needed something to last me three months in Vietnam and I was recommended Monzo. I really like the card and the app, I’ll be unemployed once I come back from travelling so there won’t be any money going into my current account at the moment. Until I secure employment it’s pretty pointless. Each person will be using Monzo for their own unique reason.
I agree Nick, even though I am using it and possibly jumping ship. They’ve helped us and we should return the favour. I’m just a little worried as I’m relying on the card to keep me afloat for another two months in a different country (My fault I know).
I am going travelling for 8+ months in 5 weeks time (got a monzo prepaid quite recently, specifically for this trip!). Will I receive my current account card before I head off, and if not, will my pre paid card work for the duration of my trip?
The funny thing about these threads is that it shows who are are the genuine loyal users who believe in Monzo and what they are trying to achieve and those that are just cheapskates looking to score some free money as it were.