⁍ London challenger bank Monzo has launched a premium account service called Monzo Plus.
⁍ This is the startup’s second attempt at paid accounts following a botched launch effort in 2019.
⁍ The service costs £5 ($6) a month and comes with a new blue holographic debit card.
⁍ Monzo Plus account holders will receive a new blue holographic debit card.
⁍ They will be able to view and move money between up to 13 bank and credit card accounts in the Monzo app.
⁍ Monzo Plus also offers 1% interest on balances of up to £2,000.

– The “hot coral” debit card is back. Monzo is offering a new premium account service called Monzo Plus, which will cost $6 a month and come with a new blue holographic debit card, Business Insider reports. The new account will allow users to view and move money between up to 13 bank and credit card accounts in the Monzo app. They’ll also get monthly credit score updates and 1% interest on balances up to £2,000. Monzo Plus users will also be able to withdraw fee-free while abroad, up from the £200 monthly limit on standard account holders. “With this version Monzo we went back to basics and re-examined how we built things,” says Mike Hudack, chief product officer at Monzo. “We thought really hard about why people love Monzo and listened to our customers and community.”

Source: https://www.businessinsider.com/monzo-plus-paid-accounts-2020-7