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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