Open an account
The more expensive offering is the best if you don’t want to care about the fees. It’s definitely the best if you travel a lot and withdraw often cash and for expat that transfer money to their home country. For 14.95$ per month, you get your free contactless debit card, free ATM cash withdrawals and free currency exchange.
Monese was among the very first banks in the United Kingdom to only be available via a mobile app. It services more than 600,000 users in 20 European countries, moving over 2.5 billion US dollars a year. 75% of incoming funds from salary payments.
Monese has been officially named ‘Best Challenger-Bank’ in Europe and was even awarded 1.1 million euros by the European Commission for research and innovation.
|Open account||Close account||Domestic ATM Transaction||International ATM Transaction||Foreign exchange fee||Monthly service fee||Loading fee||Shipping cost|
|Free||Free||Unlimited||Unlimited||Mastercard currency conversion rate||14.95€||Free||Free|
|Network||Insurance||Rewards||Card type||App||Transfer between user||Physical Card||Virtual Card||Apple Pay||Android Pay|
|Value dail online transaction||Single ATM transaction limit||Daily ATM withdrawal limit||Monthly ATM withdrawal limit||Max single top-up value||Max daily load||Max daily limit bank transfers|
|7’000 GBP||300 GBP||300 GBP||No limit||300 GBP||40’000 GBP|
|Multiple currency||Currency||Country avaibility|
|YES||GBP/EUR||UK & EU|
|Bitcoin||Other crypto||Transfer In/Out crypto||Without KYC|
|IBAN||Country IBAN||Wire transfer||Trading||Banking license|
|Yes||UK & EU||Yes||No||No|