Will the current account debit account have the same benefits when abroad as the prepaid?

[anon15940139]

Hi guys,

Will the current account have the same benefits when abroad (0% rates / free withdrawls / mastercard alignment) as the prepaid card?

If so, is there any point at all maintaining the prepaid card once the current account is out of beta and 100% live?

Is the idea to get rid of the prepaid card when this happens or keep both in tandem perhaps using the prepaid card abroad and the current account in the uk and to top up?

Thanks!

[nexusmaniac (Marcus, Backend Engineer 🛠️)]

Hi there

The current account does have the same benefits as the pre-paid card (and more!)

There’s currently discussion on the ATM withdrawals, here:

ATM Fees Abroad: Asking the Monzo Community to decide pricing

Thank you for being involved and helping us to make this decision! Before you vote or make any comments below, please ensure you have read the blog post fully. It won’t help the discussion if you haven’t! Once you’ve read it, we’d love to hear your thoughts — both as votes and as comments below. Don’t forget, the poll is designed to be indicative — if there is a clear winner, we’ll choose that option, but if the results are all relatively close together, we may make a decision …

I’ve gone from pre-paid to current account and have completely halted use of my pre-paid
But you can see from the Blog post that the current account isn’t 100% up and running yet, i.e monzo.me isn’t available (yet) but will be coming soon

The Monzo Current Account Preview!

[Feathers (MikeF)]

The prepaid cards are due to be closed down by December

[anon21149997]

What will happen to the credit on it?

[Feathers (MikeF)]

From what’s been said it will be merged into the Current Account balance. If you don’t take a CA then I guess it will be refunded.