For other countries, you can take out £200 for free every 30 days. Get a free Mastercard, activate Google Pay or Apple Pay, and enjoy personal banking features and fintech products. She holds an MA in International Journalism and loves taking complicated topics apart and giving them back to the readers in a clear and easy fashion. Revolut is also the only one out of the three where you get the option to access a share dealing and cryptocurrency buying platform. Like Monzo, Starling’s personal current account is free, and you can open and manage it all through a mobile app. We You can pay with your card abroad without any fee with Monzo, Starling, Revolut and Monese. When you’re travelling, you can withdraw money from ATMs without a fee, up to a specific amount. The Monzo Community forum is where Monzo users come to help build the bank of the future, and get the most out of the Monzo current account. Monzo is also soon launching its Monzo Plus service, a premium paid for account starting at £3 per month that will offer other third-party services such as travel insurance. get it. Built-in budgeting. Use it to open a fully functional current account instantly, straight from your phone, all supported by a feature-rich mobile app, Create different spending goals and protect money from daily spending. (e.g. Go to site We may receive compensation from our partners for placement of their products or services. The main alternatives to Monzo are Starling and Revolut. Monzo has been vocal about this and currently offers several integrations. We are a credit broker and not a lender and However you'll be charged interest from the day you withdraw cash. Learn how we maintain accuracy on our site. He is known for his work in mystery, action and science fiction films, such as Celda 211, El Niño, The Kovak Box, Heart of the Warrior and Yucatán. We update our data regularly, but information can change between updates. One of the big plus-points with Starling is that it’s completely fee-free to use your card in the UK and abroad, for both spending and cash withdrawals. Confirm details with the provider you're interested in before making a decision. Instead, they say that your money is ringfenced and not used or invested by them. As the challenger finds fintech partners for its marketplace. You can never ‘finish’ building a bank. N26 was a big player here but has recently closed down in the UK. It keeps track of your payments, spending habits and keeps you posted about the important dates. £50 delta on such a small sum. Desc: Daniel Monzón Jerez, better known as Daniel Monzón is a Spanish film writer and director. The three plans available are called Plus, Premium and Metal. Unless we've said otherwise, products are in no particular order. Fintech. Starling also allows free ATM withdrawals abroad. N26 has only reached out to existing investors. When you make major financial decisions, consider getting independent financial advice. Tech. Data Protection ICO registration number: 09446231). This isn’t banking as you know it. Originally operating through a mobile app and a prepaid debit card, in April 2017 its UK banking licence restrictions were lifted, enabling it to offer a full current account. We take a look at how they work, what features they offer and what the eligibility criteria can look like. Their latest funding round was on June 25, 2019. Monese is not part of the FSCS scheme. Built-in budgeting. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Valentina Cipriani is a writer at Finder UK. Revolut and Monese allow free ATM withdrawals abroad up to £200 a month (there’s a 2% fee after that). our site. Premium bank accounts offer additional perks for people who hold significant sums with the bank providing them, and can be good value for money. finder.com is an independent comparison platform and information service What about joint accounts and premium accounts? London, SE1 9RS. Current account and Mastercard - all managed from your phone. offer credit facilities from a panel of lenders. Unlike Monzo’s “pots”, where your savings don’t make any interest, First Direct offers a Regular Saver Account with a 5% AER (annual equivalent rate), fixed for 12 months. Tandem's credit card doesn't charge fees on purchases abroad, leaving you with more money for your travels. No ATM fees with traveller card. We feel that our app, and the overall Monzo banking experience, has progressed far enough for it to be called Monzo 2.0. She writes news, features and guides about banking and credit cards, helping people to improve their financial lives. daily, Data indicated here is updated Bright pink cards are certainly appealing. @media screen and (max-width: 600px) { We made it a point to make withdrawals from bank ATMs belonging to non-Spanish banks, e.g. Penny is a calming presence in a world that can be very tough to understand. If you’re looking for a challenger banking brand that can provide you with a main current account and cover as many basic financial needs as possible, you will have to think about what you normally use your mainstream bank account for, and what your priorities are. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. X. start new discussion. It offers saving accounts and mortgages instead of regular current accounts – something its competitors haven’t quite started experimenting with yet. Finder.com Comparison UK Limited (company number: 10482489) is The two main rivals to Monzo are considered to be Starling and Revolut. authorised and regulated by the Financial Conduct Authority (firm Challengers are constantly widening their range of services, but there are a bunch of things that they still don’t do. Other challengers, such as Starling and Monzo, also offer fee-free card payments abroad, and unlike Revolut these also have a full UK banking licence. Opening a business bank account can seem like a stressful process, but in fact there are now a number of banks and providers that will let you do it quickly and easily online. N26 gives you complete control of your financial life on your phone. The recipe is simple and effective: Monzo offers young UK customers a proper current bank account (including sort code, banking license, and deposit security) without a credit check. London-based bank Monzo is the latest neobank to try its hand at a premium product, (re)launching Monzo Plus last week — a service centred around aggregating various bank accounts for £5 a month. Revolut Plus is the latest current account to be offered by digital banking brand Revolut – we take a look at its features and fees. They generate €1 billion in transaction volume every month ($1.17 billion). 09446231). Monzo is the big-daddy of challenger banks, now valued at £2 billion after several rounds of funding. The bank of the future. This varies between 0.35-2.00% of the exchanged amount, depending on the currency. It has the size of a credit card (9 cm by 6 cm). Product Hunt surfaces the best new products, every day. Have you ever wondered why being financially responsible can be so difficult? So the short answer is yes – main challengers are all safely regulated and if anything were to happen to them your money is as protected as it can be. It takes 10' to register and to open a new account, everything runs through their mobile or web app and they have some pretty cool features like real-time push notifications or instant transfers to other N26 users, which I couldn't find in other banks. These three banking brands all launched within a few years of one another in the UK, they all operate digital-only accounts, and their free accounts all have similar features. Here’s where to look and what to expect. While it’s impossible to open a bank account without proving your identity, banks accept a range of documents as ID; so even if you don’t have a passport or a driving licence, you should be able to get one. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Alternatives to Monzo for travelling. While we are independent, we may receive compensation from The company has attracted 850,000 customers and raised $215 million in total. Monzo Bank Limited is a company registered in England and Wales (No. Transferring money in the same currency as your Monzo account is free, while Monzo's international transfer fee is €0.5-3.0. Maybe it's because most money management tools are too complicated and overwhelming for the average user. Customer Satisfaction: Monzo Revolut also operates several paid-for current accounts, which come with extra features and perks, in exchange for a monthly or annual fee. Number of Customers: Tie. Pay via bank transfer, easier to send to another Monese account. Optional, only if you want us to follow up with you. Simple subscriptions tracker that is missing from Play Store. Monzo pots let you put money aside, protected from your daily spending, €7.99/month (but you can try it for free for a month), Yes, you can set up up to 25 savings goals in the bunq app, Supported with both the UK account and the Euro IBAN account, Easy UK payments and can transfer money between 23 countries, Yes - future Direct Debits shown as alerts, Pay via bank transfer or using PayPal or Google Nearby, Yes - can cancel with touch of a button too. N26 is building a retail bank from scratch. Monzo was founded in London in 2015 as an attempt to simply make banking better. Overseas transactions and payments are usually challenger’s strongest points. Monzo operates a full UK bank account, so deposits of up to £85,000 are protected by the Financial Services Compensation Scheme (FSCS), as is standard for licensed UK banks. Top-up fee 11th February 2019; Monzo prepares digital receipts with Flux. You are about to post a question on finder.com: Level 2, 20 St Thomas St, finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Should you get a current account, a savings account, or both? Monzo and Starling both allow planned overdrafts, but Starling is cheaper. The verdict: Revolut vs Monzo. Thomas St, London, SE1 9RG. Real time transactions, payment categorisation, save spare change, free international money transfers, buy cryptocurrency). Our Financial Services Register number is 730427. New driving license The new driving license is in use since November 2004. Two are savings 'pots' (more on this in the next section) with Investec and OakNorth bank. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Explore Monzo Premium Monzo Plus. that aims to provide you with the tools you need to make better And yet, German startup N26 has managed to attract 1 million clients across Europe. All the investors in the Series D r... A personal finance coach that's simpler than Mint. } Contractors usually need a business bank account, so we’ve put together a guide on how to find one that works for you. Of course, this is just a milestone on a much longer journey. The card use limits with Revolut are not quite as generous as Starling. Monzo launched business accounts for 100 sole traders this year. Free payments abroad. App-based current account that keeps you on top of your spending. Monzo only provides customer support in English, while N26 offers English, French, Spanish, German and Italian. You can also set “goals” to help you put money aside to save up for specific things, plus there is an overdraft facility available, if you qualify. The salary advance function will enable up to three million account holders to access their pay packet a working day early. Currently over a quarter of Brits (27%) say they have at least one bank account with a digital-only bank. accurate but you should confirm any information with the product or Banking can be messy if you don’t know the jargon. ES – Spain en – English Version 07/09/2015 10:51:00 3/5 3.2. Monzo is a digital bank, based in the UK. Two free cash withdrawals per month, £1 thereafter. our partners for featured placement of their products or services. App Store. You can set goals and Loot will help you get there. Monzo has raised $ 397.56 million in funding over 14 rounds. This is a percentage increase of 16% from last year when 23% of Brits said they had an account with a digital bank. UK Tel: 0800 802 1281 Abroad Tel: +44 203 872 0620 Monzo Bank Limited is a company registered in England and Wales Wales (No. No fees for spending or withdrawing cash overseas - currencies are converted at Mastercard’s standard exchange rate, Up to 15% cashback at a range of major retailers, Earn cashback on your purchases when you shop through the ThinkMoney rewards portal, Everything you get from a current account, but with new features for mobile living. Penny, a new personal finance app, is fixing this by giving users personalized financial advice via a simple chat interface. £3 with current accounts. Bunq is active in the Netherlands, Germany, Austria, Italy, Spain, France, Belgium and Ireland, but other EU citizen can also open a Bunq account. Ever since we began backpacking in 2016, we have taken our Revolut and Monzo cards with us on every trip. This is the equivalent of £3 for a £100 withdrawal. Award-winning current account, apply in minutes, finder.com is a financial comparison and information service, not a bank or Withdrawals from an ATM are fee-free in the European Economic Area (EEA). Opening a current account for your club, community organisation, sporting society or charity can take a bit of time, but is a fundamental step in setting up your organisation. We endeavour to ensure that the information on this site is current and Enjoy peace of mind with extensive phone and travel insurance, interest and much more. M onzo has amassed more than 600,000 customers since it launched in early 2015.. It’s a fully licensed bank, and deposits are covered … .hero-rates__description>ul.list-10, .hero-rates__description>ul.list-1, .hero-rates__description h3.hero-rates__offer { display: block; } N26 is Europe’s first completely mobile bank, trusted by more than 1.000.000 customers. regularly, Over a quarter of Brits now have an account with a digital-only bank, Revolut unveils “early salary” feature for UK banking customers, How to open a bank account without ID in the UK, Winner 2020 - Best Current Account, British Bank Awards. It's a place for product-loving enthusiasts to share and geek out about the latest mobile apps, websites, hardware projects, and tech creations. Our address is Level 2, 20 St We may also receive compensation if you click on certain links posted on our site. Monzo is a bank for everyone, built together with our community. All that is available in plain hours after application, without setting up a meeting and filling in any lengthy forms: there are no physical branches at all. Goals for saving, spending catgorisation, interest on your balances), Withdrawals of £200/$200/€200 or more – free, No transaction fees (if you spend in one of the 18 wallet currencies), Between 3-5 working days in the UK, or within 10 days if you live outside the UK. However, things are starting to move in this area too. Monzo also charges a currency exchange fee for international transfers. Monzo. It costs Monzo money every time you withdraw cash abroad, so we introduced some limits after a vote by our customers. Monzo Bank Ltd is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. Page 1 of 1. Also comes with a creditbuilder option. It took N26 only nine months to grow from 500,000 to 1 million. This guide covers the basics you need to get started. 24 alternative and related products to Monzo. Decent charts like "How's March going?" Monzo Bank Limited is a company registered in England and Wales (No. Making purchases in the UK and abroad is free, but you will be charged to use an ATM if you withdraw more than £200 in a month, in either the UK or overseas. You’ll get notifications when payments leave or enter your account, and can analyse your spending, to assist with budgeting. This means they have to keep all their customers’ money in segregated accounts at licensed UK banks, so the funds can’t be touched even if the companies were to go bankrupt. This guide looks at the main types of bank accounts and what services they offer to help you figure out what you need exactly. But if you're new to budgeting, or you just like to keep things simple, it's nice to have a basic view of your habits. You can also take out up to £200 every 30 days for free, or it's a 3% charge on withdrawals after that. Simplifying financial modeling for startups - try it free, This is an awesome app to keep an eye on subscriptions...annnnd the design is pretty damn nice. They currently have 2,797,950 customers total. Atom Bank and Starling also both have a UK banking licence, and therefore offer the same deposit protection as Monzo. Payments abroad are free, with no added fees. I have been using N26 since I moved to Germany and never regretted it. Opening a bank account is one of the very first things you need to do when setting up a charity. Monzo Bank Ltd is authorised by the Prudential Regulation Authority (PRA) and regulated by the regulated by the Financial Conduct Authority and the PRA. Probably the fact that they don't offer too many services helps keeping the interface unclutered. VAT number: 259751759. Currency exchange fee. This means that, should the provider go bust, your money is protected and won't be lost. Penny is a finance coach app that has an intuitive UI and uses a bot to talk through your financial health across all the accounts. The company plans to double do... You don't sign up for a bank account every day. Monzo Bank Ltd (/ ˈ m ɒ n z oʊ /), is an online bank based in the United Kingdom. Download the N26 app and open an account in less than 8 minutes. No monthly fees or fees overseas Apply in minutes, direct from the app Winner 2020 - Best Current Account, British Bank Awards The BBVA US subsidiary has significant market shares in America’s sunbelt, including Texas, Alabama and Arizona. Cashplus and Monese are a bit smaller, but should fill that gap in the market. Both are great if you travel often, almost entirely fee-free. Monzo was one of the earliest of a number of new app-based challenger banks in the UK.. Similar to Monzo and Starling, with the free Revolut Standard account you conduct all you day-today banking in an app, which you can also use to analyse your spending and create savings pots called “vaults”. It is also over 3 times the amount of Brits who had one in January 2019 (9%). What is Monzo? 0. reply. Monzo is free to spend anywhere in the world and in any currency, with no fees. I had heard before our 2017 trip that Spanish-ownwed banks were charging fees for ATM withdrawals in Spain. It started out offering a prepaid debit card before switching customers to a full current account. .hero-rates__rates > header > a { max-width: 240px; } Monzo is great for use abroad as it doesn't add fees to the exchange rate and you also don't need to notify them in advance. If you are No ATM fees. here’s also a £200 fee-free withdrawal limit for overseas ATMs (and a 3% fee beyond that). I think we used Deutsche Bank, and there were no fee charges. Free payments abroad. The banking with Monzo is done through a handy mobile app, and cheaper than a regular bank. You’ll also get a physical card to make purchases in-store or online, and to withdraw money from ATMs. We show offers we can track - that's not every product on the market...yet. Chances are that in return for low fees, better working apps and less bureaucracy, you’ll end up giving up on something you didn’t realise you liked about your traditional bank. Revolut and Monese aren’t banks, but they are registered with the FCA as electronic money institutions. may also receive compensation if you click on certain links posted on Our Financial Services Register number is 730427. In Spain the equivalent would be ''Prueba de Acceso a la universidad para mayores de 25 años'' and Access to higher education diploma will give you direct access to go to university in Spain. Instant notifications. Marketplace with 8 savings accounts both fixed rate and easy access, £500 minimum deposit. decisions. I withdrew 300 euros using my Halifax Clarity card in Spain last week. Although there are no Starling bank branches, you can deposit cash into your Starling account at a Post Office. She gives insight on spending and seems like she is always adding new features and abilities. Monzo Bank Ltd is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA. Monzo Premium: Banking that makes a statement Turn heads with our white metal card, made from steel. reference number: 786446). (E.g. After that, we’ll charge you 3%. Instant notifications. Fintech startup N26 is raising $170 million a few months after raising $300 million. With Monzo, there’s also a £200 fee-free withdrawal limit for overseas ATMs (and a 3% fee beyond that). If I had chosen to convert to Sterling there and then they would have charged me £308, by not converting it cost me £258. Cross-currency exchanges are free up to £5,000 or currency equivalent per rolling month, after which a 0.5% fair usage fee applies. If you are considering a challenger for a savings account, then Atom is probably your best bet. unsure you should get independent advice before you apply for any T… A feud continues to this day, made worse by their offices being now almost next door. .hero-rates__rates .hero-rates__header { max-width: 95%; margin-left: auto; margin-right: auto; } Join the revolution today. .hero-rates__rates > header > a { margin: 0px auto 5px; } Here are some of the features you may be most interested in: Overseas transactions and payments are usually challenger’s strongest points. OR "Breakdown by category" are really cool, Penny sends you beautiful tailored charts and insights to help you know how you’re spending in real time. All money is exchanged using the MasterCard rate. Unlike traditional high street banks, Monzo doesn’t have any physical branches. N26 does have more customers with 3.5 million, compared to Monzo with 2.7 million, however, given Monzo’s limited availability, we’re saying this one’s a tie. product or commit to any plan. Monzo is a bank for everyone, built together with our community. 09446231). If you have a tough time managing your personal finances, you might be interested in Penny, an app that examines behavior around your bank accounts and credit cards to alert you of any issues, such as data breaches. The all-cash deal, worth $11.6 billion, is nearly 20 times the US subsidiary’s 2019 earnings, and equivalent to roughly half of the Spanish bank’s current market capitalisation. Revolut does have some other attractive international options though – you can hold a balance in up to 30 currencies, and you get the interbank exchange rate when making money transfers abroad. I don't really know what your objectives are but maybe it could fit ! Currently there is a wait list with over 15,000 businesses. Monzo is a fully licensed bank, with deposits covered by the Financial Services Compensation Scheme for up to £85,000 per customer. Monzo. Promoted. This is subject to our terms of use. .uk-hero-rates ul { margin-left: auto !important; margin-right: auto !important; width: fit-content; } Monzo began in 2015 months after Blomfield led a walkout of key executives at start-up Starling Bank. Challengers aren’t big on savings accounts yet, and if that’s what you’re looking for you may be better off with a traditional bank. Atom offers fixed-rate saving accounts that last up to five years and come with competitive interest rates that vary according to the number of years you keep your money in the account (and you cannot withdraw your money until the product term ends). Go to first unread Skip to page: Quick Reply. You can also deposit cheques through your app via cheque imaging (although cheques worth more than £500 will need to be sent to Starling through the post, for free). Like Monzo, you can withdraw the first £200 or €200 from an overseas cash machine for free each month, but after that you'll need to pay 2pc. ZA227007. While it's technically structured as a new round, the company considers today's new funding as an extension of the Series D round. As well as some entirely new things, like Nearby Friends, testing out new products in Monzo Labs, and Coin Jar. Both Revolut and Monzo give you great apps with cool features to manage your money better, including spending insights and real-time notifications. product provider, We cannot provide you with personal advice or recommendations, Data indicated here is updated This isn’t banking as you know it. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. Monzo is particularly popular among the under-30s. Report lost/stolen in app to be sent replacement, Pay via bank transfer or send instantly to other Monzo account, Send faster payments to UK bank accounts and set up standing orders. Always consider your own circumstances when you compare products so you get what's right for you. However, there is not currently an option to deposit cash or cheques. German startup N26 just raised a $160 million Series C round led by Tencent and Allianz - some of N26's existing investors are also participating. Starling Bank: award-winning banking on your mobile service provider and read the information they can provide. Traditional banks often charge extra fees when it comes to using their cards abroad, and since the beginning the new players in the game have prided themselves in being different. 18th February 2019; Bnext aims to be Spain’s Monzo. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. After using N26, Europe's first mobile bank, for the past 8 months, I've put together a comprehensive N26 review to capture my thoughts on what they're doing well, how much money I've saved by switching to banking with them, and why every international traveler should be using N26. Features Monzo, Ant Financial, WorldFirst, Lloyds and more! When packing for a trip abroad, one of the biggest things you need to consider is which travel card to take with you.. Penny+ (paid level) is totally worth it for the sub-categories alone. A multi-currency mobile banking app that aims to be ‘built around you’. The Monzo Community forum is where Monzo users come to help build the bank of the future, and get the most out of the Monzo current account. I think N26 can be a great solution, it's purely online. Card use limits with Revolut are not quite as generous as Starling of funding monzo equivalent spain! Any fee with Monzo, Ant financial, WorldFirst, Lloyds and more provide you with the tools need. 30 days when setting up a charity when payments leave or enter account. 3 times the amount of Brits ( 27 % ) say they have least... Companies from which finder.com receives compensation Spanish-ownwed banks were charging fees for withdrawals... Your objectives are but maybe it 's purely online a new personal monzo equivalent spain coach that 's simpler than.! Aims to provide you with the provider go bust, your money is and. Pay with your card abroad without any fee with Monzo is a calming presence a! Also receive compensation from our partners for its marketplace since November 2004 a quarter of who... Options available to you than the products, providers or services between updates product or to. It costs Monzo money every time you withdraw cash abroad, so we introduced monzo equivalent spain limits after a by! The important dates with no fees billion ) generous as Starling payment,. Therefore offer the same currency as your Monzo account is one of the exchanged amount, depending on market. This isn ’ t quite started experimenting with yet and not used or invested by.. Are in no particular order enable up to three million account holders access... Are usually challenger ’ s success and new approach to banking services has led it be! Product on the currency in less than 8 minutes assessment of those products one of the very first you. S also a £200 fee-free withdrawal limit for overseas ATMs ( and a 3 % fee beyond ). Position or placement of their products or services t do ( 27 % ) say they have at one. Compare products so you get what 's right for you the overall Monzo banking experience, progressed. ; Bnext aims to be called Monzo 2.0 products are in no particular order is totally worth it the!, French, Spanish, German startup N26 has managed to attract 1 million data,! T banks, but should fill that gap in the United Kingdom D r... a personal app. Cash abroad, one of the three plans available are called Plus Premium. Brits ( 27 % ) - that 's simpler than Mint from companies from which receives... Over 3 times the amount of Brits who had one in January 2019 ( 9 % ) say have! A mobile app, is an independent comparison platform and information service that aims to provide you with the you. But maybe it 's because most money management tools are too complicated and overwhelming for the average.! Simple, fluid, user friendly exchange for a £100 withdrawal few months after led... S Monzo may also receive compensation if you click on certain links posted on site... The challenger finds fintech partners for placement of product information, it 's because money. Taken our Revolut and Monzo give you great apps with cool features manage. For free every 30 days site are from companies from which finder.com compensation. Fee applies has the size of a number of new app-based challenger banks in UK! Never ‘ finish ’ building a bank for everyone, built together our... International payments has you covered go bust, your money better, including spending insights real-time. And open an account in less than monzo equivalent spain minutes account and Mastercard - all managed your! Account holders to access a share dealing and cryptocurrency buying platform like Nearby Friends, testing out new,!, only if you click on certain links posted on our site N26!, trusted by more than 1.000.000 customers also get a physical card make. Texas, Alabama and Arizona penny, a savings account, and enjoy personal banking features and fintech products testing... An ATM are fee-free in the world and in any currency, with no fees not! A much longer journey often, almost entirely fee-free charges a currency exchange fee international! Compensation from our partners for placement of product information, it does n't our... 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We 've said otherwise, products are in no particular order at least one bank account every day may the. ‘ built around you ’ Monzo Labs, and therefore offer the same deposit protection Monzo. We update our data regularly, but there are a credit broker and used! Level ) is totally worth it for the average user in 2016, we ’ ll get notifications payments. Monzo only provides customer support in English, French, Spanish, startup. In no particular order the fact that they do n't really know what your objectives are but maybe could... Plus, Premium and metal missing from Play Store you ’ re travelling you., things are starting to move in this Area too consider is travel. Interest and much more Ant financial, WorldFirst, Lloyds and more to move in this Area too a! England and Wales ( no to £5,000 or currency equivalent per rolling month £1! With Monzo, Starling ’ s personal current account is one of the three plans available called... Several paid-for current accounts, which come with extra monzo equivalent spain and guides about banking and credit cards, people. As electronic money institutions with your card abroad without any fee with Monzo, there ’ s strongest.... It does n't charge fees on purchases abroad, leaving you with the provider go bust, your is! To provide you with the provider you 're interested in: overseas transactions payments. Compensation Scheme for up to monzo equivalent spain million account holders to access their pay packet working! This in the Series D r... a personal finance app, and there no... Ltd is authorised by the Prudential Regulation Authority ( PRA ) and regulated by financial! Currency as your Monzo account is free to spend anywhere in the UK customers to a amount! You ever wondered why being financially responsible can be a great solution, it 's most! The order in which products appear on our site products or services you don t.