Monzo bank and virtual cards.

[Polarbear]

Monzo have contacted me and said I can create virtual cards to buy things on line, up to 5 at a time, that can be 'destroyed' at will if I want to.

It says they act as a debit card on my account until I don't want them to and then I can just close them down without it affecting my actual debit card. I hope I'm making myself clear here.

To get them I have to have a Mono plus account at £5 a month.

Does anyone use them or another banks equivalent? They sound ideal for online purchasing.

https://monzo.com/help/monzo-plus/virtual-cards-what
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Triumph Trophy Launch Edition

[to v or not to v]

i use revolut. its free and handy for fee free foreign transactions.
https://www.revolut.com/
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current bike Yamaha Thunderace.
its old and fat, but its a damned good ride. the bikes not bad either.

[dave001]

[dave001]

[P.]

I use both Monzo and Revolut, but I'm not a raging autist. Revolut aren't a UK bank, but EU customers now have a bank guarantee with them, sadly I don't think the UK is included.

The virtual cards on both platforms work wonders.

I use revolut worldwide though, Monzo I only use in UK for UK purchases. Revolut also handles my lightweight stocks, it's just a helpful place to have all my travelling money.

I don't pay for any additional services though.

[A100man]

for the layman please..

..are these like a shell 'card' that funnels teh cash form your regular High St. bank account? Presumably they exist as an 'app' on your mobile phone? How doe the cheap foreign exchange work?

Cheers boffins.
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Now: A100, GT250A, XJ598, FZ750

Then: Fizz, RS200, KL250, XJ550, Laverda Alpina, XJ600, FZS600

[Rob Fzs]

We use Chase, okish interest rate and they dont charge fee's for spending abroad
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'00 Aprilia RS50 > '92 Honda CG > '99 Yamaha Fazer > '91 Yamaha RXS > '79 Suzuki X5 > 01' Honda Cg > 07' Honda Cg > 82' Kawasaki Z200 > suzuki gsxr 400 gk73a > honda vfr 400 NC30> Yamaha RD350 YPVS F2 > Kawasaki ZZR 600 D1 > Yamaha TZR 250 2MA >Suzuki TL1000R > Yamaha TDR250 > Honda 929 blade > Suzuki SV1000 > Honda H100
Mod 2 Passed 09/06/2011

[Tierbirdy]

[dave001]

[dave001]

[P.]

[Tierbirdy]

[Polarbear]

[P.]

I can delete and create a new virtual card every time. I don't because I only use it in America where it's all swipe and go, or Japan where everything is cash so ATM use only.

[dave001]

[Rob Fzs]