Monzo launching Monzo Premium with a metal card

Monzo launched their new Premium account type. Customes who paid a £15 a month, will get extensive phone insurance and worldwide travel insurance. As well as 1.50%/1.49% AER/Gross (variable) interest on up to £2,000 in customer's balance and regular Pots.

Monzo Premium costs £15 a month, with a 6 month minimum term. Also there is a age limit and customers have to be aged 18–69 to sign up for Monzo Premium.

Here is the some features of Monzo Premium memberships:

• Monzo Metal Card

• Phone and accessories insurance: Worth an average of £97 a year, worht up to £2000 are protected against theft, loss and damage included cracked screen)

• Worldwide family travel insurance, from AXA: Worth an average of £159 a year, medical bills range is very wide, please see Monzo's website for more information and coronavirus is not part of the insurance.

• Earn 1.50%/1.49% AER/Gross (variable) interest on up to £2,000

• £600 fee-free cash abroad every 30 days

• Discounted airport lounge access, with LoungeKey partnership

• See your balances and transactions of your Amex and move money around with easy bank transfers.

• Track yourr TransUnion credit score and track how it changes each month.

• Create your own categories to break down your spending.

• Virtual cards

• Auto-export transactions

• Advanced roundups

• 5 free cash deposits a month

• Plus, everything you get with our free account

Monzo's first metal card

Monzo Premium users will also receive a metal card. Monzo Premium card is made from a single 16g sheet of steel, complete with a precision-engraved logo and a white finish. Customer's details kept neatly on the back for a minimal design. Monzo metal card available right now, and it’s exclusive just for Monzo Premium members.