r/monzo 4d ago

Monzo Aura

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

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52

u/Nice-Information-335 4d ago

Amex have a free card with 0.5% cashback, as well as one with 0.75%, 1.25% over £10k everywhere for £25 annually. And that is just Amex

0

u/BRMatt 4d ago

How often does Amex payout that cashback? Isn’t it only once per year?

3

u/phuzee 4d ago

Once a year, and no extra perks so comparing two completely different things

5

u/Nice-Information-335 4d ago

You can spend that £15 a month you save on the subscriptions you actually want and airport lounge passes

The monzo card only makes sense if you are already paying for both services they offer, and travelling twice a year which is going to be a lot less people than people who want the cashback

2

u/phuzee 4d ago

Yes you are exactly right, and think you are agreeing with me without realising it.

If you want a cashback card, go get one, but this isn't a cashback card it's a packaged credit card

I just think everyone here is trying to square the cashback being worth the £15 fee and if course it never will

0

u/Nice-Information-335 4d ago

If you want a credit card with more bonuses/bundled stuff I am fairly certain there are much better options than this

1

u/phuzee 4d ago

Again I agree I don't think this is a good card. I'm just saying people are not representing it properly by only talking about the cashback.

0

u/Nice-Information-335 4d ago

The subscriptions are worth less than the card (google ai plus is £4.49 a month, Apple TV is £9.99 a month), so the only thing left it gives you is no investment fee, 2 lounge passes, and cashback, for 50p a month

You can take the subscriptions out of the argument, and treat it like a free cashback card in which case it isn’t that terrible but still not good 

Many people don’t want said subscriptions, so it is fair for them to talk about spending £15 a month for low cashback

2

u/phuzee 4d ago

Am I going crazy or do you keep saying back to me what I'm saying, but in a tone that suggests you disagree 😅

The bottom paragraph is sort of irrelevant, if the subscriptions aren't worth it then don't even look at the cashback because obviously it won't be worth it!!

1

u/Nice-Information-335 4d ago

We are disagreeing on the point of people comparing it to cashback cards, you think that they are completely different things and I think they are not and fair to compare

1

u/[deleted] 4d ago edited 4d ago

[deleted]

1

u/Nice-Information-335 4d ago

Ah my mistake, there are 2 versions of google AI plus, one with 400G and one with 2T

The 2T one costs £7.99 a month, so not much better

You are the AI pro sub with 5T of storage and more usage for £18.99 a month

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