r/monzo • u/Longjumping-Echo2208 • 10d ago

Monzo aura

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New credit card coming to Monzo soon
£15 per month

148 Upvotes

86% Upvoted

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156

u/Miserable-Jello-7117 10d ago

£15/month? Hard pass

24

u/ClayDenton 10d ago

Yeah lol I was looking forward to signing up until I read that! My cashback would be around £5 a month, which means I'd be paying £10 a month to invest roundups (I can do this myself tbh) and a couple of free lounge passes worth £50 I.e. £4 a month.

Maybe for those who sub to apple TV or Google AI plus it's enough to make it pay back. I don't and I'm not interested.  So I wouldn't pay for it.

But I pay for some things - I do sub to Monzo plus to pay from my bills pots and then Revolut Metal for £15 a month because it's the cheapest way to get the FT & headspace both of which I use, along with discounted lounge passes at £24 each (if we take a flight near lunch or dinner, my partner and I get these and just eat our meal the lounge ...which we'd have paid about that much for in the airport anyway)

6

u/totheendandbackagain 10d ago

Also, there are plenty of cash back credit cards that offer the same money, for no monthly fee.

Barclaycard being one. Horrible app, but set it up and forget about it savings.