Monese Vs. Monzo
Monese VS Monzo. Which is better? Both Monese and Monzo are fully regulated and well-trusted international mobile banks, with millions of customers in different countries. Check out which bank we think is best!
Established |
2015 |
2015 |
Trustpilot Rating |
Excellent
|
Great
|
Available for Registration From |
UK, EU |
UK (USA in a waiting list) |
Regulation
|
||
FCA (UK) |
||
ECB (The Europiean Central Bank) |
||
Cifas |
||
PRA |
||
Key Features in a nutshell
|
||
Current & Checking Account (Local & International) |
UK Only |
|
Budgeting & Saving Plans |
||
Online & Offline Payments |
||
Direct Debits (Free) |
UK Only |
|
Cash Withdrawals & Deposits (Local & International) |
||
Cash Top-Ups |
UK and EU |
UK Only |
Save up for a specific goal via sub-accounts |
||
No Proof of Address or Credit History Required |
||
Withdraw and deposit cash for free at retail partners |
||
Apple & Google Pay |
||
Safety
|
||
Two-factor payment authentication |
||
Information stored in a secure data center |
||
Fingerprint login |
||
Segregated customer accounts |
||
Card locking from within the App |
||
Deposit protection (Loss compensation guarantee) |
100% balance reimbursement |
Up to £85,000 |
Fees & charges
|
||
Free account |
||
Monthly Fee |
Premium plans from €/£4.95/m |
|
Exchange Rate |
Low, Interbank rate |
Low, Interbank rate |
Direct Debits |
Free |
€/£1 fee |
Free payments in any currency |
||
International transfer fee |
0 – 2%, depending on the pricing plan |
€0.5-3 per transfer |
Top-Up Methods
|
||
Bank transfer |
||
Debit Card |
UK only |
|
Cash |
UK and EU |
UK Only |
Cheque |
UK Only |
|
Sending & Receiving Options
|
||
Scheduled & Recurring Payments |
||
Delivery Speed |
|
|
Currencies |
20 |
35 |
Mobile App
|
||
Languages available |
14 |
|
App UX |
5/5 |
4.5/5 |
Mobile Adaptive Website |
||
Spending Visual Statistics (Graphs) |
||
Score |
9.8 |
8.5 |
Overview
|
|
Established |
|
2015 |
2015 |
Trustpilot Rating |
|
Excellent
|
Great
|
Available for Registration From |
|
UK, EU |
UK (USA in a waiting list) |
Regulation
|
|
FCA (UK) |
|
ECB (The Europiean Central Bank) |
|
Cifas |
|
PRA |
|
Key Features in a nutshell
|
|
Current & Checking Account (Local & International) |
|
UK Only |
|
Budgeting & Saving Plans |
|
Online & Offline Payments |
|
Direct Debits (Free) |
|
UK Only |
|
Cash Withdrawals & Deposits (Local & International) |
|
Cash Top-Ups |
|
UK and EU |
UK Only |
Save up for a specific goal via sub-accounts |
|
No Proof of Address or Credit History Required |
|
Withdraw and deposit cash for free at retail partners |
|
Apple & Google Pay |
|
Safety
|
|
Two-factor payment authentication |
|
Information stored in a secure data center |
|
Fingerprint login |
|
Segregated customer accounts |
|
Card locking from within the App |
|
Deposit protection (Loss compensation guarantee) |
|
100% balance reimbursement |
Up to £85,000 |
Fees & charges
|
|
Free account |
|
Monthly Fee |
|
Premium plans from €/£4.95/m |
|
Exchange Rate |
|
Low, Interbank rate |
Low, Interbank rate |
Direct Debits |
|
Free |
€/£1 fee |
Free payments in any currency |
|
International transfer fee |
|
0 – 2%, depending on the pricing plan |
€0.5-3 per transfer |
Top-Up Methods
|
|
Bank transfer |
|
Debit Card |
|
UK only |
|
Cash |
|
UK and EU |
UK Only |
Cheque |
|
UK Only |
|
Sending & Receiving Options
|
|
Scheduled & Recurring Payments |
|
Delivery Speed |
|
|
|
Currencies |
|
20 |
35 |
Mobile App
|
|
Languages available |
|
14 |
|
App UX |
|
5/5 |
4.5/5 |
Mobile Adaptive Website |
|
Spending Visual Statistics (Graphs) |
|
Score
|
|
9.8 |
8.5 |