Re:Monzo, a U.K. challenger bank, raises £85M Series E
by jaziek on Wednesday October 31, 2018 @01:45PM
(#18347773)
Monzo offer the inter-bank rate when making transactions abroad, calcuated at the time of the transaction. When I use my card abroad, I instantly see the transaction in-app, along with the associated cost in £, with no additional fee applied. On top of that, you can withdraw £200 a month from international ATMs with no extra charge.
There are some credit cards which offer free international transactions, but the rates are almost never as good.
There are some credit cards which offer free international transactions, but the rates are almost never as good.