Banking

Monzo Introduce Premium Account ‘Monzo Plus’ & Travel Insurance

Monzo Plus

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 £4 per month, and upgraded travel ATM allowance/emergency cash if you lose your card at £3 per month.

Initially the cost of Monzo Plus will be £3 per month, rising to £6 per month later this year.

You can read more about Monzo in our Monzo review, or compare other app-based banking services.

ServiceGood ForSavings InterestFCFS ProtectedMore
StarlingBudgeting, Saving0.25% – 0.5%More
MonzoBudgeting, SafetyNoneMore
Revolut🌏 💱NoneNoMore
Atom BankSaving, Mortgages0.8% – 1.8%More
TandemSaving1.6% – 2%More
PlumInvesting, FacebookNoneNoMore
Monese🌏NoneNoMore
ChipSaving0% – 5%NoMore
Avatar
About author

Master of the budgets. Provider of the tips. Author and owner of DumbFunded.co.uk.
    Related posts
    NewsPersonal Finance

    Banks Offering Free Cash for New Account Holders

    Banking

    Banking Customer Service Ranked In Official League Table

    BankingPersonal Finance

    Monzo Plus: Is the New Account Worth Your Time?

    BankGuides

    Is It Safe To Use A Challenger Bank For A Bank Account?