We only aim to cover our costs, and don't make a profit from these However, this doesn't match our top-pick overseas debit card from Starling, which offers unlimited fee-free spending and withdrawals worldwide as part of its free account. (EEA). If you have Monzo Premium, this allowance rockets up to £600 every 30 days – that’s £200 more than … Monzo Premium, unveiled this week, costs £180 a year and comes with travel and phone insurance, £600 of fee-free withdrawals abroad each month and a steel card. Monzo also links up with Transferwise to let users transfer money abroad at a cheaper rate than other banks. Don’t just take our word for it “Monzo? Increased fee-free ATM withdrawal limits while abroad. Cash withdrawals from countries outside the EEA – £200 for free every 30 days So Monzo really is good for travelling abroad, especially if you’re within an EEA country. Spend with your Monzo card anywhere in the world, for free. If you're not subscribed to Monzo Plus, you'll get more allowances if you rely on Monzo more. Fee-free cash withdrawals abroad Those with a standard Monzo account can withdraw up to £200 abroad every 30 days before a 3% charge kicks in. This is definitely useful for emergencies, however after these 30 days are up, Monzo adds a 3% charge to any money you take out. a vote directly on to you, and don't add fees or additional charges. Converting your balance into another currency, Information about our Personal Current Account Services, If you make a £50 ATM withdrawal, your ATM withdrawals limit will go down by £50, After 30 days, your ATM withdrawal limit will go up by £50. You can use your Monzo card anywhere that supports Mastercard. I know of people who have been caught out by this so it is important to know. by our customers. We don't add any fees to the exchange rate and you don't need to tell us in advance. App-based bank Monzo has introduced overseas ATM fees – so you’ll now be charged 3% on cash withdrawals made abroad, after a free 30-day allowance of £200. days. Check out their travel guides, and share your own experiences! The digital-first bank said the … Our Financial Services Register number is 730427. Just go and enjoy yourself, we'll take care of the rest! Under the new fee structure, Monzo users can withdraw £200 while abroad free of charge every 30 days. They had this choice: (a) impose a domestic limit and fee; or (b) remove the international limit and fee. Currently Monzo's prepaid card allows free overseas spending and ATM withdrawals worldwide, though withdrawals – abroad and in the UK – are restricted to £250/day, £1,000/month and £3,000/year. For example: You can check all your limits in your account: If you need to make a payment that would go over your limits, please get in touch in the app – we might be able to temporarily raise them. Currently Monzo's prepaid card and current account allow free overseas spending and ATM withdrawals worldwide, though withdrawals – abroad and in the UK – are restricted to £250/day, £1,000/month and £3,000/year. We care so much that we let you vote on things like new features, withdrawal limits when you’re abroad and even our name. Monzo also writes that merchants not keeping their systems up to date can lead to situations where the card is not recognised. You are limited to 6 withdrawals a day and there is a max withdrawal limit of £300 per day. Monzo Bank Ltd is authorised by the Prudential Regulation Those who withdraw more than £200 elsewhere in the world over 30 days are already charged 3% (except those who have Monzo Plus, who have a higher £400 limit before they're charged). We care about being open and doing what’s right by our customers. We'll let you know what the current exchange rate is, Your account has different types of limits. 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