Comment on Monzo is bringing back premium bank accounts to help turn a profit

Monzo is bringing back premium bank accounts to help turn a profit

In an attempt to become profitable, British-based digital bank startup Monzo is shaping up to have a second crack at paid accounts after failing first time round, Reuters reports. Back in April last year, Monzo launched its “Plus” premium package which allowed customers to buy add-ons, such as travel insurance and extra cash withdrawals while abroad, for their accounts.

 

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