Billie's community profile page - Smart Money People

Write a review

Viewing profile for,

Billie

Total reviews written

Helpful marks given to their reviews

Times reviews seen

All reviews (1)

Review of the Monese, Money Account:

View on product page

Great app but...

To start off I should say that the opening process is simple as monese isn't quite a full banking company yet. And yes the app does look rather good (although only on android at present). This account may be ok if you have basic needs, but it is a little restricting in that you cannot build a credit rating up and don't get interest on balances. So imagine this is your only banking product in the uk and you want to get a mortgage (with another bank as this isn't something monese can offer). Well your lack of financial credit history might be a problem!! Reviewed on: 20th February 2016

Reply from Monese Hi Billie - thanks so much for your feedback and for being an early Monese customer! We're not looking to be a traditional bank and our focus at the moment is on our Current Account offering (rather than savings), but our features and services have improved quite a bit since back then (such as iOS)! Response date: 14th February 2018

We are helping 1000s to make smarter financial decisions

We use the power of consumer reviews to help increase trust and transparency in financial services and to deliver industry leading insight and events.