App-based banking service Monzo have gone live with a new premium account called Monzo Plus.
Previously launched as a small-scale trial in February, the account provides access to a small but growing suite of premium upgrades.
Initially users get access to:
- A Monzo Plus card (in Hot Coral or one of the new colours, Midnight Sky or Lagoon Blue)
- A custom Monzo.me link
- Access to Monzo Plus events and swag
The account provides access to optional additional services, currently travel insurance at Β£4 per month, and upgraded travel ATM allowance/emergency cash if you lose your card at Β£3 per month.
Initially the cost of Monzo Plus will be Β£3 per month, rising to Β£6 per month later this year.
You can read more about Monzo in our Monzo review, or compare other app-based banking services.
Service | Good For | Savings Interest | FCFS Protected | More |
Starling | Budgeting, Saving | 0.25% β 0.5% | β | More |
Monzo | Budgeting, Safety | None | β | More |
Revolut | π π± | None | No | More |
Atom Bank | Saving, Mortgages | 0.8% β 1.8% | β | More |
Tandem | Saving | 1.6% β 2% | β | More |
Plum | Investing, Facebook | None | No | More |
Monese | π | None | No | More |
Chip | Saving | 0% – 5% | No | More |