The best mobile bank: Monzo vs Starling vs Revolut vs Monese

Should you move to a digital-only bank? And if so which one is best?

The world of fintech has brought about a revolution in banking, with digital challenger banks such as Monzo and Starling leading the way with their app-based current accounts, along with Revolut, Monese and the now defunct N26.

These mobile phone only banks are changing our relationships with money, by making it easier for us to track our cash, budget our spending, separate our savings and pay our bills.

Plus they are fantastic for spending on your holiday as there are no fees on transactions and most cash withdrawals.

In this video I…

  • share how to open an account with Monzo, Starling, Revolut and Monese 
  • review the key features
  • break down any charges
  • explain how to withdraw and pay in money
  • look at whether they’re safe to use and if your money is protected 
  • compare them to let you know which bank I think is best for you.

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Further links and reading


Starling Bank 



The best bank bonuses, interest and incentives

How to stick to a budget 

How to automate your savings

The real cost of an overdraft

The banks that’ll let you pay in a cheque online

Switching your energy bills

How to switch bank

2 thoughts on “The best mobile bank: Monzo vs Starling vs Revolut vs Monese

  1. Your video was very good and informative in deciding which bank was good Starling or Monza.

    I def went with both for different reasons cos they are great on there own with there specialist features so thank you very much for that I appreciate that.

    Lastly I need to open a community account or charity account which I am treasurer etc and none of the high street banks can open due to the lockdown and our old bank closed account without notifying us why and returned our charity money.

    I thought about Starling but can’t see if they do charity or community accounts and if they do then its for a limited company which we are not.

    Can you. please help me or advise me and put me on the correct path.

    Thank you for all your help in this matter.



    1. Hi Asif. Really glad the video helped. It doesn’t seem like either of these banks offer charity accounts. I’m surprised the high street banks can’t open an account online or over the phone. Who have you tried?


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