Monzo vs Starling Bank! Which Should YOU Choose? 10 Categories

[@driftertravels928]

I still have both accounts but use Starling as my primary account where I receive my salary and keep cash I don't invest because it is safer and more reliable bank, imo. However, Monzo is a better day to day spending account of its app's budgeting features.

[@Monitodotcom]

I actually couldn’t agree with you more! Starling certainly feels more reliable and secure, I’m even about to replace my Halifax current account and use Starling as my main account. - Jonny

[@mypradasatthecleanerss]

These newer banks should never be one’s only account anyway. With cheques I just scan into my high street bank’s app and transfer. Really straightforward.

[@littlelem5809]

I like Monzo tbh knew about it for a few years then made my account this year February, and as someone who isn't necessarily good with numbers it really does help me to see it all very clearly, espically with the catagorise. To me the Merchants didn't seem as useful and sounded very confusing, but who knows I may open a starling bank, as there current account seem to be doing very well which they have won awards for too.

[@Monitodotcom]

Hey Little Lem! Thanks for your insight that's really interesting. They are both so equal across all of these categories it was genuinely very difficult to award each one (except the final one). I do like how creative Monzo is with their notifications, I've had some interesting ones recently about spending, and it can act as a nice reminder that perhaps I'm spending too much. Let me know if you go ahead and open a Starling account, would love to hear your thoughts. Cheers! ^Jonny

[@Kazu_Hani]

at 4:39 you said that Starling is capped at 6 saving spaces when this isn't true, I talked to customer support and the limit is about 20 saving spaces

[@Monitodotcom]

Hi Rhys, thanks for the clarification, unfortunately I can't always get it right, especially when there's so much research and information to digest when making these videos. ^Jonny

[@dinabarffo5211]

Very detailed video. Thanks for uach useful information 👍

[@Monitodotcom]

You're most welcome! ^Jonny

[@toliver.99]

Solid breakdown! 👌

[@Monitodotcom]

Cheers Tom! ^Jonny

[@warriordan009]

Thanks! Great informative video

[@Monitodotcom]

No worries Daniel - glad you found it useful ^Jonny

[@mca8087]

I have both Monzo and Starling, and in my opinion, Starling is clear! I use cash deposits at the post office quite a lot. I also need a lot of spending pots, and the max number of 20 which Monzo provides is no where near enough! Monzo's paid subscription accounts might be better, but if you're comparing the FREE accounts, then Starling is better by miles. Also, and let's not even talk about ATM withdrawals... in UK and also if you like to travel and withdraw cash abroad, Monzo cannot compare to Starling either!

[@Monitodotcom]

Thanks for your insight mca808! I totally agree, I actually recently closed down my Monzo Premium account, and while Starling isn't my main account I do use it for weekend international transactions and of course ATM withdrawals! ^Jonny

[@michellestanding1410]

Hi Great video 🇬🇧

[@Monitodotcom]

Thank you Michelle 💚

[@ShashakaArchana-lu6ys]

Just amazing.!

[@chronicmachines6717]

Fantastic review 🎉

[@Monitodotcom]

Thank you 🤗

[@shanialorenz5268]

Just a question, does this mean I can send money from my HSBC (UK) account to my monzo account and if I travel to France I can pay with my monzo card each odd amount without any 'non-starling' fees?

[@Monitodotcom]

Yeah for sure. A LOT of people do this because they want to maintain a main bank account with a more established bank like HSBC. You can just BACS your Monzo account from your HSBC account and then use your Monzo card to spend money in France. I'm sure that'll be better than using HSBC. Although I can't be sure without knowing which account you have with them. Thanks ^Jonny

[@shanialorenz5268]

@@Monitodotcom thank you so much!!

[@neoncashanova4121]

Monito you really do great job..I wish I could also open such free personal accounts from india. You have become my top notch banking advisor...Love you smart London Man 🤗🤗

[@Monitodotcom]

Thank you SS Saha 💚 That’s very kind and I’m glad you’re finding the videos useful. Don’t hesitate to let me know if there’s anything I can answer for you - Jonny

[@neoncashanova4121]

@@Monitodotcom Oh sure! That's very kind of you. So nice of you...👍♥️🙏 .

[@UnhipSleetProductions]

Great video! Can you op a Starling account if you don't live the UK? If so, how? Thank you!

[@Monitodotcom]

Unfortunately you cannot, Starling is limited to the UK. May I ask where you're based? I may be able to find you a similar account. ^Jonny

[@UnhipSleetProductions]

@@Monitodotcom That's a bummer, but thank you for answering! I am based in the Netherlands

[@Monitodotcom]

@@UnhipSleetProductions check out this page (www.monito.com/en/neobanks), you can filter by country and see a list of banks available similar to Starling. There are a few and I would say a great option is N26, have you heard of them?

[@UnhipSleetProductions]

@@Monitodotcom I have not, but thank you for sharing! Is N26 the best for global travel?

[@Monitodotcom]

​@@UnhipSleetProductions they're certainly a good option for travel. Their free account uses Mastercard's FX rates and charges no fixed fees on transactions. The only downside is ATM withdrawals, you get 3 free per month in EUR and pay 1.75% on non EUR withdrawals. That said, for someone from the Netherlands, N26 is definitely worth considering.. Here's a link to our full written review in case you'd like to read more: www.monito.com/en/send-money-with/n26

[@kevinhenry546]

I am moving to London next month. I feel that I would be best setting up both accounts and using one for salary and bills, keeping the other for Day/day payments. Would you suggest revolut for international use over these two?

[@Monitodotcom]

Hey Kevin. May I ask which country you're currently based in? ^Jonny

[@kevinhenry546]

@@Monitodotcom Hi I am currently based in Ireland. I am Irish National

[@Monitodotcom]

Great. Will you be paid in GBP or EUR?

[@kevinhenry546]

@@Monitodotcom GBP

[@Monitodotcom]

Great, thanks Kevin. The benefits of Monzo & Starling over Revolut are relatively minimal, except in the UK you get FSCS protection - but because you're in Ireland with Revolut you do have DGS (up to €100,000). So instead of waiting till you arrive in London and get your residency, why not open a Revolut account now and when you're in the UK receive your salary into your Revolut GBP account. If you were to travel home then you could easily exchange GBP for EUR to spend. Although if you do this, ensure to do it during the week to avoid any fees (obviously within your fee-free limit). Unless you have a really compelling reason or use case I don't think opening an account with either Monzo or Starling is necessary for you. ^Jonny

[@asadasiri1341]

Thanks a lot Monito.

[@Monitodotcom]

No worries Asada! ^Jonny

[@ragingsilver]

I think the features on monzo edge it slightly and feel Monzo is the better spender card. Starling I feel would be best for a main account.

[@Monitodotcom]

Hey! Thanks for sharing your perspective, it’s always interesting to hear. I agree too, Starling gives me this sense of safety that you get from a traditional bank where Monzo (especially with their financial worries) feels more like a secondary account. Almost like Revolut? ^Jonny

[@ragingsilver]

@@Monitodotcom I wouldn't use revolut as they aren't a proper bank and not protected by the FSCS. I do like their feature set though with all the in app trading you can do with them.

[@mutesah]

Why don’t you wait until they block your card without notice

[@ryanz67]

Thanks for the video was really useful

[@Monitodotcom]

Hey Ryan! Glad you found it useful. ^Jonny

[@neoncashanova4121]

That red card is great to look❤️❤️❤️

[@petrastienen1614]

I do not like starling bank I am unable to cancel or sort out a unauthorised payment awful service

[@Monitodotcom]

I've had that issue before Petra, I had to contact their customer service but I found that responded instantly and dealt with it so much faster than most banks customer service. ^Jonny

[@Sam-pn2kc]

starling have virtual cards coming out this week good news they are free unlike monzo

[@Monitodotcom]

Hey Sam! I saw that, in fact I'm publishing a Chase vs Starling video this week which references the new virtual cards.

[@nguyenvivian7996]

the color of the Monzo card has no luck for the user and the quality of the card is like machined plastic. Using this card is vulnerable to Photoshop. Is this bank a bank for LGBT people? The color of the card says it all 😂

[@SilentGAMER-c9r]

I have a Monzo and Starling Bank but I'm deciding to close one of them and keep the other for a better use. My main Bank is Natwest

[@Monitodotcom]

They’re both relatively similar. What’s your main use for Monzo/Starling? ^Jonny

[@SilentGAMER-c9r]

@@Monitodotcom Well I'd like to split my wage and add one of them to either Monzo or Starling and use that one for the time that I work

[@Monitodotcom]

Are you looking to earn interest from your split wage?

[@grassytramtracks]

Btw, your card number is on the video, you might want to blur it out

[@Monitodotcom]

Thanks Frecciarossa, it’s okay though. It’s a prop card, the details are useless. ^Jonny

[@Lucky147]

Wherever you read that uninteruptedly smiling would make you more idk...approachable or something, it doesn't. It makes you feel kinda uncanny and fake. But also a bit sympathetic. Great video though!👌🏾

[@Monitodotcom]

That's my face 😱 I'm generally just a happy person. I don't know whether to be flattered or offended by that but regardless I'm glad you found the video useful. All the best ^Jonny

[@ryanjones2294]

I used to have a Monzo account last year, but closed it as I wasn't really using it. Now they have better features and I'm wanting to reopen my account again, but for some reason I'm not able to even whem I cantact them 😔

[@Monitodotcom]

Hey Ryan, that's a shame. I did read that you may be able to open the account again after 30 days by e-mailing them ([e-mail]). But it also does say that "There is no guarantee that we will be able to re-open your account when you request it." - I hope you manage to sort it, good luck.. ^Jonny

[@donovanpatrick7880]

You said you WOULDN'T INCLUDE THE PAID ACCOUNTS but you did & gave your credit ti monzo.

[@Monitodotcom]

I disagree Donovan. When I selected my choice of winner for each category I never considered the benefits or services of either companies paid accounts. I should know as I researched and wrote the script 😂 - Jonny

[@sandeshkhillare7478]

Starling clear win

[@MrBigBasket]

okay but like show me the other side of the card😀 and tell me the pin too if you want😀😀

[@Monitodotcom]

Sadly it's a dummy card so you couldn't use it if you tried 😅