UK-based mobile only banking service Monese has introduced unlimited Premium plan designed specifically for the heavy-duty customers.

Available against a fixed monthly fee, the service includes unlimited ATM cash withdrawals and free foreign currency exchange at the wholesale rate.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

It also includes free cash top-ups and free instant card top-ups for the customers.

Furthermore, all Monese Premium plan customers will get an additional banking account and a card at zero extra cost.

In a blog post, the lender noted that the Monese Premium plan is the best personal finance solution for all people who travel frequently.

If a customer does not use its Monese Premium for an entire month or if the account does not have any money in it, the customer will face no penalty.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Besides Monese Premium plan, the company has two existing plans- Free and Plus. Most of the customers using these plans are said to be salaried people.

Current customers under these two plans can upgrade to Monese Premium. They can also switch to their previous plans at any time, after completing a minimum term, the bank said.

All users at Monese can open a full UK current account and Euro IBAN account without getting their credit score evaluated by submitting a one form of ID and a video selfie.