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Monzo is great for this, i find the joint account really simple.
On overseas ATM withdrawals the first £200 per month is free, then they charge 3% after that..Card payments you simply pay the MasterCard rate, no additional monzo charges at all
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Monzo has a £200 a month fee-free withdrawal limit for overseas cash.
I use Starling which is pretty similar but has no limit
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Starling > everything else.
You get the global exchange rate, not the local one or the inflated one most banks impose on you. And there’s no charge and no limit.
To the point where I spend money abroad for work, I input my expenses into my accounting software (FreeAgent) in euros and it does the conversion to £, and I actually sometimes pay less via starling than what FreeAgent calculates the expenses at.
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greeno
aggi
ThePeginator
@farewell
My wife and I want to open a joint bank again for bills/paying for meals/holiday etc. We visit family in USA as well so thinking the Monzo card would be useful for spending over there.
We don’t have time to both go into an actual bank to do this. Any reason not to use a Monzo account for this?