6. Starling. Archived. Each of them allows you to check daily / weekly / monthly and to identify any excess costs. Nonetheless, it does have approval to operate in the UK post-Brexit..

12. Hey folks, I'm looking to get either a starling or Monzo account opened before my next trip abroad (i do a few European trips a year) primarily for the foreign exchange usage. TransferWise, Monzo and Starling have also collectively received 60 complaints over the same time period. Notably, Starling performed slightly better than NatWest, which had net gains of 9,233. Close. It offers many of the features of Monzo …

But yeah, I see your point about a cash back credit card. Monzo said it had 3 million customers in September 2019 and Starling said it had 1 million customers in October 2019. Monzo has more than 2.2 million customers, and it’s now planning to expand into the US in the coming weeks. If you lose your phone, Starling says it can block the app on that specific device. In the same year, Revolut entered the market with former Lehman Brother and Credit Suisse derivatives trader, Nikolay Stronosky at the helm.
Monzo vs starling opinions.

Source: Official annual reports and media interviews. S tarling Bank is another current account option with a full banking licence and FSCS protection. Monzo, therefore, had a higher rate of complaints compared with Starling having three times the number of customers last year but with nearly five times the number of aggregate complaints. These numbers are still a long way behind the banks, but … British mobile banks Monzo and Starling are transforming UK spending. Posted by. If both Starling & Monzo allow free card usage abroad (for now) but Monzo will only allow £200 as a free withdrawal then that won't really work for a family of 5. If you take the Monzo vs. Revolut comparison to Trustpilot, you get an indication of what customers of both service providers have to say. As we have seen, there are not very big differences between these 3 challengers. 1 year ago. Monzo (formerly Mondo), established in 2015, is the brainchild of Tom Blomfield, Jonas Templestein, Jason Bates, Paul Rippon and Gary Dolman, all of whom started out at Starling.
Monzo had the highest net switching gains for the first time at 20,843 as the number of new customers (23,721) far outweighed those who left the challenger bank (2,878) over the quarter. Revolut vs Monzo vs Starling: the verdict. While the average score of Monzo on this platform is 6.3 out of 10, Revolut averages at a noticeably better 8.1 out of 10. Meanwhile, Revolut has a Lithuanian bank license, meaning it is not a UK bank yet and cannot offer loans there like competitors Monzo and Starling.