Monzo, a U.K. challenger bank, raises £85M Series E

Re:Monzo, a U.K. challenger bank, raises £85M Series E by chrisseaton on Wednesday October 31, 2018 @02:01PM (#18347920)

Why do you care about interest on a current account? How much are you going to keep in there anyway?

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Re:Monzo, a U.K. challenger bank, raises £85M Series E by C1sc0cat on Wednesday October 31, 2018 @02:19PM (#18348074)

Depends on individual and outgoing mine has 2-4k I am not aggressively filling my ISA's at the moment so it might as well sit there.

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Re:Monzo, a U.K. challenger bank, raises £85M Series E by chrisseaton on Wednesday October 31, 2018 @02:25PM (#18348111)

So even at an astronomical interest rate of something like 3% that's still not even really worth more than half an hour of time shopping around to get a better rate.

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Re:Monzo, a U.K. challenger bank, raises £85M Series E by C1sc0cat on Thursday November 01, 2018 @04:06AM (#18352063)

Well I am derisking and taking money out of my PtP other wise I could get 4% with zopa

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Re:Monzo, a U.K. challenger bank, raises £85M Series E by jaziek on Wednesday October 31, 2018 @05:35PM (#18349466)

I keep 3 months pay as emergency cash on hand in that account.

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