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  • I use monzo as my main bank account and for all direct debits and rent.
    I also use them as my savings account, their interest on their standard saving pot is about 60% better than what you get on an ISA with HSBC. And it’s way easier to use and track your money and it’s all in one place. Realise it’s not for everyone but I think it’s great. They also were mega helpful when I bought some trainers off a fake website too. Chat function is great. Have had no issues abroad either.

  • I bank with a 'normal' bank. I only use Revolut for avoiding international banking fees. Different use case and since Revolut isn't a bank replacement like Monzo it's not quite what I'm talking about.
    Obviously, if I was to have all my ill gotten gains in one of these alternative banks I'd reconsider the levels of protection being offered.

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