I used Monzo as my day-to-day bank for two months and have only stopped using it because I'm not in the UK and need to keep my money in local currency. It was a terrific experience. Having an instant push notification when money enters or leaves my account, treating card purchase reservations instantly as unconfirmed transactions and not as nebulous inaccessible money, having transaction information presented in a human-friendly format, showing foreign currency transactions in the foreign currency, not charging currency exchange fees, being able to add notes to transactions… it's such a stark contrast to the mobile banking efforts of mainstream banks.
By the way, if you're in the EU, bunq is a similar mobile challenger bank but based in the Netherlands and serving all of SEPA (if you're in the Eurozone you can use them as your main bank; I live in a non-Euro EU country so hold an account just for the hell of it).
Disclaimer: I have multiple friends who work at Monzo.
By the way, if you're in the EU, bunq is a similar mobile challenger bank but based in the Netherlands and serving all of SEPA (if you're in the Eurozone you can use them as your main bank; I live in a non-Euro EU country so hold an account just for the hell of it).
Disclaimer: I have multiple friends who work at Monzo.