This is statistically untrue.
We were discussing this a month ago, and at that exact moment in time when I looked it up…
Interbank rate: £1000 = $1349 (USD)
Mastercard rate : £1000 = $1360.21 - winner
Today’s rate, a month later
Interbank rate : £1000 = $1314.7
Mastercard rate : £1000 = $1322.33 - winner
I’m all for supporting competition, and ultimately there’s lots of companies doing great things in this space and taking different approaches. Monzo will be the best choice for many customers, for others it may not be. However, it’s always good to take a look at the actual data being made behind a point 