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Monzo Is Launching in the USA

4 points| grahamel | 6 years ago |monzo.com | reply

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[+] metildaa|6 years ago|reply
I don't see any advantage of using Monzo over BECU (seems you've got fewer features). What is the value pitch here?

The US market is a fair bit different than the UK, there are a plethora of banks and credit unions to choose from.

Most US Credit Unions will give you a free account with free access to the co-op ATM network (every 7-Eleven, many gas stations, every credit union atm, etc) and reimburse $20 to $30 in 3rd party ATM fees per month. Live chat, card freeze, Zelle support, etc is built into BECU, Umpqua and presumably most CU/bank apps & websites.