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Aug 13, 2021 · So if something does happen to them and you can’t get your money back from Monzo, you are covered for up to £85,000 by the FSCS. If you are not comfortable with Monzo after what you have read about them, maybe you should consider switching your account elsewhere. Thrugelmir Posts: 89,546 Forumite. 13 August 2021 at 10:05PM.
Aug 1, 2020 · Monzo Bank. Amme Posts: 50 Forumite. 1 August 2020 at 3:58AM. Hi, Due to the recent news about Monzo having an uncertain future, should Monzo customers be worried, I just thought I would get peoples opinions on it as I was thinking about closing my account due to the recent news! Thanks.
Aug 22, 2023 · After being a loyal customer of Monzo for the past eight years, I was taken aback this morning upon receiving an email notifying me of the impending closure of my bank account in 60 days. Regrettably, the email lacks specificity and fails to provide a clear explanation for this decision. I have encountered a series of challenges with certain ...
Jan 29, 2024 · Close the Lloyds account and bank solely with Monzo. Keep Lloyds open with my pay going in, and use that solely for any direct debits / general bills and move some money each month to Monzo for shopping, saving etc. I'm not sure if closing the Lloyds account would be a good thing credit report (or if say going through a broker if looking at ...
Dec 19, 2018 · Personally prefer Monzo but strongly prefer both to Lloyds. For me, I've always wanted a bank like Monzo. Basically a place to store and manage my money that is customer and technology focused. I don't mind using 'legacy banks' for rewards occasionally but I highly doubt I will ever go back to one as my main account.
Dec 20, 2021 · Many are not. Chase, on the other hand, provide basic insight into spending. You can set your budget for the month and, like Monzo, it will tell you how much you have left of that budget as the month goes on. This appears just below your account balance.
Jun 30, 2020 · Just be aware that Monzo charges £1 each time you want to deposit cash into your account and doesn't offer cheque imaging - if these features are important to you. It's also not always easy to get hold of them on the phone should you need too. bonkersbonkers1 Posts: 57 Forumite. 15 July 2020 at 7:05PM.
Jul 5, 2020 · 5 July 2020 at 9:51PM. Monzo is bankruptcy friendly, you should have no problems, next time please start a new thread. I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know.
Jun 10, 2019 · Monzo bank - chargeback/mislead. I’m after a bit of advise as currently I am set to loose £3k. The car was then delivered to my house a couple of days later after completing the purchase and paying via bank transfer (thinking I’d be covered more than cash using bank transfer). with the purchasing and the growing list problems.
Apr 8, 2021 · I'd argue that a digital bank, built from the ground up in the digital age is probably more secure than the legacy systems that the high street banks cobble together into a somewhat functional IT system. In any case, Monzo/Starling both have FSCS protection so your money is just as protected as any other high street bank.
