Challenger Monese gives free Premium bank account to dual UK/EU citizens

Posted: 5 December 2018 12:38 pm
News

Consumers with dual British and European citizenship can now get a Monese Premium account for free.

Digital bank Monese is giving those with dual UK and EU citizenship a Premium account that usually costs £14.95 a month.

Monese is a digital bank that launched in 2015 in the UK as “the bank for expats” because it offered a full UK bank account without asking customers for a proof of address. It currently has more than 500,000 customers across 20 countries.

Take a look at Finder’s review to learn more about Monese’s account options, key features and fees.

A Premium account includes a series of features designed to attract customers who often travel or send money abroad: no foreign exchange fees on transfers, unlimited free global ATM withdrawals and a free secondary account (UK or European depending on which is your primary one). Both existing and new customers can take up the offer, which has a deadline of 31 March, 2019 (which is just after the date when the UK is set to leave the EU).

After joining Monese, consumers will have to prove their dual citizenship sending an email with copies of their two passports. Monese says that it then will upgrade the account within three working days.

Brexit has been at the heart of Monese’s latest communication campaign. On 8 November, Monese set up a meteorite installation representing Brexit in front of King’s Cross station in London. It also launched the Twitter hashtag #Whateverhappens, with the slogan “Whatever happens, we should all continue to build solutions to keep us connected.

“Brexit presents a great deal of uncertainty for many of our customers, particularly those of you who have stronger ties to the continent due to having citizenship there, as well as in the UK,” said the bank.

“We are helping everyone stay better connected to Europe.”

Picture: Shutterstock

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2 Responses

  1. Default Gravatar
    PaulApril 20, 2019

    can i ask if i put money on this card account would i be charged to withdraw in egypt

    • Avatarfinder Customer Care
      BellaApril 20, 2019Staff

      Hi Paul,

      Thanks for your inquiry.

      If you’re using Monese abroad, You will need to be on the Monese Plus or Premium pricing plans to withdraw money without charges. However, you will get a competitive 0.5% currency exchange fee for the £4.95 account upgrade (£14.95 for Premium).

      I hope this helps.

      Kind regards,
      Bella

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