Table of contents
Ease of Use
Monzo offers a user-friendly interface with intuitive navigation, making banking simple even for those who aren't tech-savvy.
No Fees for Spending Abroad
Monzo does not charge foreign transaction fees when you spend money abroad, which can save frequent travelers a significant amount.
Instant Notifications
Users receive instant notifications whenever money is spent or received, allowing for real-time tracking of finances.
Budgeting Tools
Monzo provides built-in budgeting tools that help users track their spending and set financial goals.
No Overdraft Fees
Monzo does not charge overdraft fees, providing a safety net for users who occasionally spend more than they have in their account.
Overall, Monzo is considered a good option for individuals looking for a modern, convenient banking experience with lots of features for managing everyday finances. However, whether it is the 'best' choice can depend on individual needs and preferences.
We have collected here some useful links to help you find out if Monzo is good.
Check the traffic stats of Monzo on SimilarWeb. The key metrics to look for are: monthly visits, average visit duration, pages per visit, and traffic by country. Moreoever, check the traffic sources. For example "Direct" traffic is a good sign.
Check the "Domain Rating" of Monzo on Ahrefs. The domain rating is a measure of the strength of a website's backlink profile on a scale from 0 to 100. It shows the strength of Monzo's backlink profile compared to the other websites. In most cases a domain rating of 60+ is considered good and 70+ is considered very good.
Check the "Domain Authority" of Monzo on MOZ. A website's domain authority (DA) is a search engine ranking score that predicts how well a website will rank on search engine result pages (SERPs). It is based on a 100-point logarithmic scale, with higher scores corresponding to a greater likelihood of ranking. This is another useful metric to check if a website is good.
The latest comments about Monzo on Reddit. This can help you find out how popualr the product is and what people think about it.
Not entirely relevant to your question but monzo have US accounts, https://monzo.com/us/. Source: almost 2 years ago
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: about 2 years ago
If you can't log in the help email is at the bottom of the US homepage https://monzo.com/us/. Source: over 2 years ago
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: almost 3 years ago
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: almost 3 years ago
Though I think you have a few other options that are also available the US such as https://monzo.com/us/ and https://www.revolut.com/en-US. Source: about 3 years ago
The Monzo mobile banking app facilitates access to banking services through Sutton Bank, Member FDIC. Source: about 3 years ago
I’m pretty sure Monzo has banking in the US too. https://monzo.com/us/. Source: about 3 years ago
Monzo US | Engineer (mid and senior level) | Fully remote with a base in San Francisco | Full-time | https://monzo.com/us Monzo is the lead challenger bank in the UK. We’re now building a lean product team with the goal of launching a tech-powered, customer-focused banking product to take the US personal banking market by storm. Desired traits: Scrappy, product-minded, transparent Tech stack:. - Source: Hacker News / over 3 years ago
Big day for Monzo - the US product is officially out of beta! Working on the US product for the past 5 months has been an amazing ride. If you're like me and wanna help build the product you love using everyday, join us! We've got a pretty damn awesome team in the US. 😉. Source: over 3 years ago
Source: the live counter on their website: https://monzo.com. Source: over 3 years ago
Not 100% on your driving question, but in terms of banking, getting an account with a regular bank means you need proof of identity and also proof of address. This can be a utility bill, but you can't pay a utility bill unless you have a bank account! My suggestion would be to set up a Monzo account. You download the app and upload some ID, then they send you a debit card. My partner (also a Canadian!) then used... Source: almost 4 years ago
Monzo, seems to have good exchange rates to multiple currencies, but only supports 1 card per account (I asked support). Also, account management sucks as it's app only. Made by former Starling employees (if I recall, I read it uses Transferwise for exchanging between currencies. Source: almost 4 years ago
You can open accounts online at Monzo and Revolut. Source: almost 4 years ago
Monzo is a relatively new UK-based bank with a focus on mobile banking and apps, and is also coming soon to the US. https://monzo.com/. https://monzo.com/usa/. https://en.wikipedia.org/wiki/Monzo. Source: almost 4 years ago
I looked up the website, and it sounds pretty good, but not sure how it compares to Monzo. Need to find out which offer multiple cards per account. Source: almost 4 years ago
Why not look into getting a new, more modern account with a different bank? The challenger banks are doing well for good reason - better features, better customer support, no annoying branches or hours on hold. The main reason for me - MUCH better banking Apps, with instant push notifications of every transaction. The old time banks just can't compete. Plus I regularly have transactions of 10k in and out of my... Source: almost 4 years ago
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Is Monzo good? This is an informative page that will help you find out. Moreover, you can review and discuss Monzo here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.
