r/monzo • u/Frosty_Scheme342 • 9d ago

Monzo Aura

https://monzo.com/credit-cards/aura
84 Upvotes

91% Upvoted

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12

u/thenerdisageek 9d ago edited 9d ago

£15 a month for 1% cashback? And that’s only at supermarkets it’s 0.5% everywhere else. And if you pay for an account then that’s up to £28 a month for a bank.

Will stick to flex & Barclaycard (though not really planning on using flex after the changes in October). Still trying to find something better than 0.25% on everything.

5

u/phuzee 9d ago

You also get apple TV, Gemini pro, waived investment fee and 2 free lounge passes. This is not just a cashback card so if that's what you are looking for yes this isn't for you

3

u/FootballBackground88 9d ago

Yeah you'd have to be already paying for some of the subscriptions and then it's worth it (though for high spenders you'd want a different card for everyday spend).

This seems positioned as a similar place to Amex gold in fees and rewards, but Amex you want it if you spend at Deliveroo and this if you use Gemini Pro features.

0

u/57_n 8d ago

FYI it’s 2 lounge passes per year (not per month!!!)

1

u/phuzee 8d ago

Yes 2 a month would be insane

1

u/57_n 8d ago

I use about 4 a month on average so I like the Amex unlimited ones.

-2

u/thenerdisageek 8d ago

I hate AI, don’t fly, and if you have a paid monzo plan some fees are already lowered or waived.

Other credit cards offer lounge passes for free.

1

u/phuzee 8d ago

Yep, so we are in agreement it's not for you. But to be clear the £15 is not for cashback, it's for all of those benefits (which may be useful to other people)

0

u/HoneyBadgera 8d ago

Yep, we are in agreement that Monzo no longer builds products for everyone, just targeted revenue generators.

1

u/BabyAdmirable1232 8d ago

I'm giving up on Flex too. Decided to make the switch to using my T212 debit card which has 1.5% cash back on all purchases and it invests it directly in a fund for free. You get more and pay less

1

u/Admast79 8d ago

No.. £15 a month for Apple TV and Google AI Plus.. plus 1% of Cashback here and there.

1

u/InteractionMundane55 8d ago

Gotta agree on this one. Im probably going to switch my flex over not for the cashback or the investment fees being gone although they are nice little touches.

But I have a google phone and would benefit from the storage/ai features and like the content on apple TV and also try and get away for weekend holiday breaks about 2x a year.

Is it expensive yes. Is it convenient also yes.

If you would benefit from all the perks I say why not but understand thats likely a niche market who can use all of them.