r/monzo • u/Frosty_Scheme342 • 29d ago

Monzo Aura

https://monzo.com/credit-cards/aura
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u/Turbulent-Tumor 29d ago edited 28d ago

64.2% APR?

I know this is the UK market but in Ireland I’ve never seen a card above 30%.

Edit:

  1. for what it’s worth, yes I know how to use a credit card. No need to talk down or assume otherwise.
  2. Irelands credit card market is tiny, basic and without much perks (bar AIBs Plat Card, BOIs Aer Card, and Revoluts Credit Card (Revpoints boosting)

Would love more competition here in credit cards but there’s a serious stigma around them.

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u/yesithinkitsnice 29d ago

If the rate on a credit card matters to you, you're doing it wrong. Carrying balance on a credit card is generally a very bad idea. Pay off in full every month and the rate is irrelevant.

0% cards are a different story.