BEST Bank? - Starling vs Monzo

Challenger banks, who's the best - Monzo v Starling. Monzo Bank just claimed the title 'Best British Bank' from Starling Bank. I compare these 2 UK challenger banks against each other. Looking at the differences between the Starling Card and the Monzo Card, what types of accounts Starling vs Monzo offer. With a look at the difference between the Starling Bank Personal, Joint, Business and Young Person accounts. I show you things exclusive to each bank such as Starling Kite, an account for young people aged 6 - 16.

Digital banks are becoming more popular and you could say challenger banks are changing the way we look at our money. Both Monzo vs Starling have amazing features on their apps that help with personal finance, budgeting and general money management.

I have banked with both Starling Bank and Monzo Bank for years now and am in this video give you my clear review and opinion on each bank. Who is the best UK bank right now between Starling v Monzo? Who do you bank with - Let me know in the comments.

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🔔Timestamps;

00:00 Account Reviews; Personal, Joint & Young Person
03:04 Best Bank for Types of Accounts Offered
03:37 Are Challenger Banks Safe? + How to Open An Account
04:58 Fees & Charges - Monzo v Starling
06:09 Savings - Interest & Money Management
07:58 Making Payments (Friends & Bills)
10:41 Using Your Card Abroad - Monzo v Starling
12:07 Best App for Travel - Monzo v Starling
13:01 Monzo App vs Starling App
14:13 Starling Bank vs Monzo Bank - My Opinion

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#PersonalFinance #Starling #Monzo

[FullaEels]

I've got both, but I prefer Starling because it feels like just a bank account whereas Monzo feels like its trying to upsell to me.

Been using spaces to segregate my bills and actually naming my savings goals, shows me exactly how much is going out each month

[saras]

Great overview, thank you! I’m using Starling and I’m really happy with it

[TheCompoundingInvestor]

I use Santander as my current account and also have NS&I direct saver which pays 0.5% and I have only about £200 in that. Basically my premium bond winnings get paid into it.
I have £50’000 in premium bonds which I use as my emergency fund. Current prize has just been increased to 1.4%

[UnhipSleetProductions]

Great video! Can you op a Starling account if you don't live the UK? If so, how? Thank you!

[ct]

Good overview for those new to fintech. Couple of minor comments:

- Monzo don’t charge for the roundup ‘save the change’ type feature. It’s the advanced roundups that come with the paid accounts.
- Starling also offers tablet apps and online banking which is a big deal to some people and is worth a mention.

[Laponea]

I have both and they are great. ++ For Starling is the free Euro/ US dollar account and the immaculate 24/7 telephone customer support. ++ For monzo is the flex virtual "credit/ BNPL" card and the "send payment requests" through the app that you can see who owes what in the management section & reminders; whilst in Starling you send the payment link to someone and if you both forget about it the app will not remind you .