Software Alternatives & Reviews

Monzo VS Digit

Compare Monzo VS Digit and see what are their differences

Monzo logo Monzo

The bank of the future

Digit logo Digit

SMS bot that monitors your bank account & saves you money
  • Monzo Landing page
    Landing page //
    2023-09-11
  • Digit Landing page
    Landing page //
    2023-04-26

Monzo videos

Monzo Review Update 2019 - One Year Later!

More videos:

  • Review - Monzo Review 2020 - All The Quirks And Features
  • Review - WHAT IS MONZO? - Monzo Bank Review 2020 | What I Love And Want To See Improve.

Digit videos

Digit App Review: 4 Things to Know About the Automated Savings App

More videos:

  • Review - Digit App Review 2019
  • Review - Digit App Review 2020

Category Popularity

0-100% (relative to Monzo and Digit)
Online Payments
100 100%
0% 0
Personal Finance
25 25%
75% 75
Payment Platform
100 100%
0% 0
Fintech
38 38%
62% 62

User comments

Share your experience with using Monzo and Digit. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, Monzo should be more popular than Digit. It has been mentiond 17 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Monzo mentions (17)

  • Wise Account for UK Student in the US
    Not entirely relevant to your question but monzo have US accounts, https://monzo.com/us/. Source: 10 months ago
  • Sun's out, and so are our new features ☀️
    In case you missed it, our Monzo US website also got a makeover! We still have big plans to make it easier to find resources you need to make managing your money easy. Be sure to watch this space. 👀. Source: 11 months ago
  • How do I cancel and close my account?
    If you can't log in the help email is at the bottom of the US homepage https://monzo.com/us/. Source: about 1 year ago
  • I can’t find a thread on One alternatives- is there one and if so can it be pinned 📌?
    I did some digging and found out that the most popular neobank, Monzo, in the UK came to the US and it seems incredibly promising! As a larger and more established Neobank, they are much less likely to sell out to big corporations (RIP Simple and One). They seem to have a lot of similar ideas One had and are even working on adding more, all based on live input from their users. The website is ... Source: over 1 year ago
  • Monzo + DAS Budget
    So basically check out https://dasbudget.com/features and https://monzo.com/us/. Combine all those features and consider that Monzo has a public API that allows DAS Budget to get instant transaction updates from it. Source: over 1 year ago
View more

Digit mentions (2)

  • Discussion Megathread for those considering other options. Let me know what I can do to help.
    Has anyone thought about using Digit's bank account? Seems like it has a lot of similar features to One/Simple. I'm definitely intrigued! https://digit.co/. Source: almost 2 years ago
  • Wealthfront adds "Cash Categories", very similar to Goals and Safe-to-Spend
    Also, just want to point out for anyone else who's reading that I'm not sure how well this would work for microbudgeting — e.g. gas, food, power bill, etc. — feels like that would be tedious to use with this UI. For me, I'm just setting aside rent, an emergency fund, credit card payments, and "fun money" so they're separate from my main balance. It's more like Digit than YNAB. Source: about 3 years ago

What are some alternatives?

When comparing Monzo and Digit, you can also consider the following products

Revolut - The easiest, fastest way to save for your financial goals.

Penny - Penny is a personal finance app that takes the pain out of keeping track of your finances.

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Qapital - Qapital is an easy to use Finance application that allows you to save money automatically and take control of your spending.

N26 - The Mobile Bank

Mint - Free personal finance software to assist you to manage your money, financial planning, and budget planning tools. Achieve your financial goals with Mint.