{"id":518125,"date":"2020-10-20T11:37:09","date_gmt":"2020-10-20T11:37:09","guid":{"rendered":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/"},"modified":"2021-09-21T12:02:20","modified_gmt":"2021-09-21T12:02:20","slug":"uk-based-digital-bank-monzo-rolls-out-new-premium-account","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/","title":{"rendered":"UK-based digital bank Monzo rolls out new Premium account"},"content":{"rendered":"<p><a href=\"https:\/\/staging-ibsintelligence.kinsta.cloud\/wp-content\/uploads\/2020\/10\/monzo-premium.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-449368\" src=\"https:\/\/staging-ibsintelligence.kinsta.cloud\/wp-content\/uploads\/2020\/10\/monzo-premium.png\" alt=\"monzo\" width=\"428\" height=\"269\" \/><\/a><a href=\"https:\/\/monzo.com\/\">Monzo<\/a> today announced the launch of Monzo Premium. The new account comes with a metal card and is expected to offer phone insurance and worldwide travel insurance to customers. Along with this, the new account will also provide 1.50%\/1.49% AER\/Gross (variable) interest on up to \u00a32,000 in the user&#8217;s balance and regular Pots, for \u00a315 a month, with a 6-month minimum term. Users have to be aged 18\u201369 to sign up for Monzo Premium.<\/p>\n<p>The company will allow \u00a3600 fee-free cash withdrawal in a 30-day period, with a 3% charge on the amount withdrawn after that. It will also offer AXA travel insurance that covers users and their families (including partners and dependent children up to 21 years old), anywhere in the world. It covers medical bills up to \u00a310 million, lost valuables up to \u00a3750, and cancellation costs up to \u00a35,000. As well as flight delays of more than 4 hours and winter sports, including skiing and snowboarding.<\/p>\n<p>Monzo stated the account comprises of features including discounted airport lounge access from LoungeKey, unified dashboard to view bank accounts, credit tracker, custom spending categories, virtual cards, auto-export transaction, 5 free cash deposits a month along with other features of a free account.<\/p>\n<p>Fee-free UK bank transfers, Pots for separating your money, instant spending notifications, customer support, protection for money, as a user&#8217;s eligible deposits in Monzo are protected by The Financial Services Compensation Scheme (FSCS) up to a value of \u00a385,000 per person.<\/p>\n<p>Customers, aged 18 to 69, with a Monzo or Monzo Plus account can upgrade to Premium in minutes, if eligible.<\/p>\n","protected":false},"author":8,"featured_media":518126,"parent":0,"template":"","categories":[11376],"tags":[11959,11406],"class_list":["post-518125","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-digital-banking","tag-monzo","tag-uk"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK-based digital bank Monzo rolls out new Premium account - IBS Intelligence<\/title>\n<meta name=\"description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK-based digital bank Monzo rolls out new Premium account\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/\" \/>\n<meta property=\"og:site_name\" content=\"IBS Intelligence\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-21T12:02:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/monzo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@IBSIntelligence\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/\"},\"author\":{\"name\":\"Megha Bhattacharya\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/c168a32915233f288437eac19a479db1\"},\"headline\":\"UK-based digital bank Monzo rolls out new Premium account\",\"datePublished\":\"2020-10-20T11:37:09+00:00\",\"dateModified\":\"2021-09-21T12:02:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/\"},\"wordCount\":260,\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/monzo.png\",\"keywords\":[\"Monzo\",\"UK\"],\"articleSection\":[\"Digital Banking\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/\",\"url\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/\",\"name\":\"UK-based digital bank Monzo rolls out new Premium account - IBS Intelligence\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/monzo.png\",\"datePublished\":\"2020-10-20T11:37:09+00:00\",\"dateModified\":\"2021-09-21T12:02:20+00:00\",\"description\":\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\",\"breadcrumb\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#primaryimage\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/monzo.png\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/monzo.png\",\"width\":400,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ibsintelligence.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UK-based digital bank Monzo rolls out new Premium account\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ibsintelligence.com\/#website\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"name\":\"IBS Intelligence\",\"description\":\"Financial Technology News &amp; FinTech Research\",\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ibsintelligence.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ibsintelligence.com\/#organization\",\"name\":\"IBS Intelligence\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"width\":299,\"height\":80,\"caption\":\"IBS Intelligence\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\",\"https:\/\/x.com\/IBSIntelligence\",\"https:\/\/www.instagram.com\/ibsintelligence\/\",\"https:\/\/www.linkedin.com\/company\/ibs-intelligence\/\",\"https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/c168a32915233f288437eac19a479db1\",\"name\":\"Megha Bhattacharya\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1362c6626841836d22ced9f26aa1a5fd948d369a7593c1f0db33ebd51583c80b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1362c6626841836d22ced9f26aa1a5fd948d369a7593c1f0db33ebd51583c80b?s=96&d=mm&r=g\",\"caption\":\"Megha Bhattacharya\"},\"description\":\"Megha is a Market Analyst at IBS Intelligence.\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"UK-based digital bank Monzo rolls out new Premium account - IBS Intelligence","description":"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/","og_locale":"en_US","og_type":"article","og_title":"UK-based digital bank Monzo rolls out new Premium account","og_description":"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.","og_url":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/","og_site_name":"IBS Intelligence","article_publisher":"https:\/\/www.facebook.com\/ibsintelligence.cmc\/","article_modified_time":"2021-09-21T12:02:20+00:00","og_image":[{"width":400,"height":400,"url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/monzo.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_site":"@IBSIntelligence","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#article","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/"},"author":{"name":"Megha Bhattacharya","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/c168a32915233f288437eac19a479db1"},"headline":"UK-based digital bank Monzo rolls out new Premium account","datePublished":"2020-10-20T11:37:09+00:00","dateModified":"2021-09-21T12:02:20+00:00","mainEntityOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/"},"wordCount":260,"publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/monzo.png","keywords":["Monzo","UK"],"articleSection":["Digital Banking"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/","url":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/","name":"UK-based digital bank Monzo rolls out new Premium account - IBS Intelligence","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#primaryimage"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/monzo.png","datePublished":"2020-10-20T11:37:09+00:00","dateModified":"2021-09-21T12:02:20+00:00","description":"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.","breadcrumb":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#primaryimage","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/monzo.png","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/monzo.png","width":400,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/uk-based-digital-bank-monzo-rolls-out-new-premium-account\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ibsintelligence.com\/"},{"@type":"ListItem","position":2,"name":"UK-based digital bank Monzo rolls out new Premium account"}]},{"@type":"WebSite","@id":"https:\/\/ibsintelligence.com\/#website","url":"https:\/\/ibsintelligence.com\/","name":"IBS Intelligence","description":"Financial Technology News &amp; FinTech Research","publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibsintelligence.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibsintelligence.com\/#organization","name":"IBS Intelligence","url":"https:\/\/ibsintelligence.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","width":299,"height":80,"caption":"IBS Intelligence"},"image":{"@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ibsintelligence.cmc\/","https:\/\/x.com\/IBSIntelligence","https:\/\/www.instagram.com\/ibsintelligence\/","https:\/\/www.linkedin.com\/company\/ibs-intelligence\/","https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw"]},{"@type":"Person","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/c168a32915233f288437eac19a479db1","name":"Megha Bhattacharya","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1362c6626841836d22ced9f26aa1a5fd948d369a7593c1f0db33ebd51583c80b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1362c6626841836d22ced9f26aa1a5fd948d369a7593c1f0db33ebd51583c80b?s=96&d=mm&r=g","caption":"Megha Bhattacharya"},"description":"Megha is a Market Analyst at IBS Intelligence."}]}},"_links":{"self":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news\/518125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news"}],"about":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/types\/ibsi_news"}],"author":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/users\/8"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media\/518126"}],"wp:attachment":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media?parent=518125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/categories?post=518125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/tags?post=518125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}