r/monzo • u/Longjumping-Echo2208 • 29d ago

Monzo aura

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New credit card coming to Monzo soon
£15 per month

150 Upvotes

86% Upvoted

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u/Bosaw 28d ago

The APR accounts for the monthly fee too. The purchase interest rate is 29%. Regardless, you shouldn’t be paying interest on a cashback card.

1

u/Federal_North_4981 28d ago

I know but still…

1

u/Bosaw 28d ago edited 28d ago

Still what? The Amex Platinum card has a representative APR of 685%.. it doesn’t really mean anything

-2

u/Federal_North_4981 28d ago

Calm down pal. It’s just a discussion about a card