Monzo Perks
Monzo
3.25% AER
New customers can join through a Refer a Friend invite to earn a mystery sign-up reward ranging from £10 to £50.
£7
N/A
Fee-free withdrawals up to £600
This account shines for its unique blend of lifestyle benefits, including a weekly treat at Greggs and an annual Railcard, alongside competitive interest rates on savings. The £7 monthly fee is offset by these perks, making it a compelling choice for those who can take advantage of them.
Pros:
- Higher interest rates on savings
- Exclusive lifestyle perks
Cons:
- Monthly fee may not be justified for all users
In summary, Monzo Perks offers an attractive package for customers who frequently utilize its lifestyle benefits and appreciate a competitive interest rate, making it an excellent option for individuals willing to pay the £7 monthly fee in exchange for valuable rewards and savings. This account is particularly suited for those who enjoy regular treats and travel perks, maximizing their banking experience.