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Review of the Monzo, Current Account:

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great modern account

It's a lot better than traditional banks in that I can see what i'v spent immediately (not the next working day - nothing is ever 'pending') and all of my spending is categorised so I can easily see what i'm spending my money on and how to budget. It also lets you save with 'pots' which are little savings accounts and I enjoy using the feature that lets me round up purchases to the nearest pound and the pennies go into the savings pot. They also offer a 1% interest pot if you deposit £1000+. The only reason I give it 4/5 is that they do not offer any interest or offers on daily use. Barclays for example have blue rewards that gives you £7 a month for a £3 fee if you have 2 direct-debits. Reviewed on: 3rd December 2018

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