Monese vs Starling Bank

Struggling to choose between Monese and Starling Bank? Both products offer unique advantages, making it a tough decision.

Monese is a Online Services solution with tags like banking, money-transfer, current-accounts.

It boasts features such as Mobile app and web interface, Multi-currency account, Debit card included, Easy money transfers, Bill payments, Overdraft facility, Joint accounts, Apple Pay and Google Pay and pros including Fast and easy account setup, No proof of address needed, Great for expats and migrants, Low fees, Good exchange rates, Helpful customer service.

On the other hand, Starling Bank is a Business & Commerce product tagged with banking, finance, mobile-banking, online-banking.

Its standout features include Current accounts with no monthly fees, Overdrafts with no hidden fees, Savings accounts with competitive interest rates, Joint accounts, Business accounts, In-app budgeting tools, Ability to freeze/unfreeze card anytime, Fast account switching service, Integrations with accounting software, Supports Apple Pay, Google Pay, Samsung Pay, and it shines with pros like No monthly account fees, Low cost overdrafts, Great interest rates on savings, Innovative budgeting features, Top-rated mobile app, Fast customer service.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Monese

Monese

Monese is an online banking service that provides easy to use current accounts and money transfer options for people living abroad. It allows opening an account quickly without proof of address.

Categories:
banking money-transfer current-accounts

Monese Features

  1. Mobile app and web interface
  2. Multi-currency account
  3. Debit card included
  4. Easy money transfers
  5. Bill payments
  6. Overdraft facility
  7. Joint accounts
  8. Apple Pay and Google Pay

Pricing

  • Freemium
  • Subscription-Based

Pros

Fast and easy account setup

No proof of address needed

Great for expats and migrants

Low fees

Good exchange rates

Helpful customer service

Cons

Limited ATM withdrawals

No checks or deposits

No savings or investment products

Limited physical branches


Starling Bank

Starling Bank

Starling Bank is an online-only, mobile-based bank founded in 2014 and headquartered in London, UK. It offers current accounts with no monthly fees and overdraft charges, as well as business accounts, joint accounts, savings accounts, budgeting tools, and more.

Categories:
banking finance mobile-banking online-banking

Starling Bank Features

  1. Current accounts with no monthly fees
  2. Overdrafts with no hidden fees
  3. Savings accounts with competitive interest rates
  4. Joint accounts
  5. Business accounts
  6. In-app budgeting tools
  7. Ability to freeze/unfreeze card anytime
  8. Fast account switching service
  9. Integrations with accounting software
  10. Supports Apple Pay, Google Pay, Samsung Pay

Pricing

  • Freemium

Pros

No monthly account fees

Low cost overdrafts

Great interest rates on savings

Innovative budgeting features

Top-rated mobile app

Fast customer service

Cons

Limited branch access

No cash deposits

Limited account types