This definitely sounds like a third party misrepresentation of Monzo.
Monzo themselves haven’t really done much in the line of conventional marketing as far as I’m aware and instead very cleverly went for the viral approach via the use of Golden Tickets, which I’m sure you’ve seen as well as social media following.
Technology and Financial blogging sites have been writing up about the card and I know that MSE have defined it as a travel card. Trust the brand and the community when we say it’s really much more than that. It’s primarily designed to be used worldwide including in the UK as a full current account.
Update July 2017 ALL atms in Thailand now charge 250thb service charge (a prob £5.20) for using a foreign card. No exceptions.
So that makes Monzo an extremely poor choice as a travel card. Draw the Monzo max £200 and get hit with 2.6% atm fee or try to minimise the atm fee by drawing more and get whacked with the 3% Monzo fee.
I agree with the OP, when travelling leave your Monzo card at home there are far better options.
if you are going to destinations that function on cash payments there are better cards if you require more than £200 cash - for example Starling don’t charge for ATM FX , if you visit destinations where you can generally use POS purchases Monzo, Starling, Revolut offer virtually the same rates