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Revolut, Monzo or Starling?

27 replies

JoySuckClub · 19/08/2019 19:28

Evening

Can any of you who use these explain the advantages compared with, say, transferring funds between countries using Paypal. My other half is somewhat cautious because bank transfers (exchange rates are inevitably not great) and Paypal are 'known quantities' whereas in his words Revolut etc seemed a bit ''shilly'' - am not sure what he even means by that.
So yes, if you could explain them to me as if you were explaining to a 5 year old Grin I'd be most grateful. Looking at transferring approx. a thousand pounds equiv. per month* from German bank account into UK account. Both accounts high street banks.
Many thanks in advance Flowers
*alternatively he could pay me maintenance in one lump sum but as I said, the interest on a bank transfer is poor (plus it would be going into a current account so not really good interest rate UK end either)
Cheers for any help or advice x

OP posts:
Flowersaremylove · 19/08/2019 21:49

Starling!

Had my account for a while LOVE IT!

Tweet them if you have questions, the CEO it’s fantastic and replies to tweets personally

Xx

AnchorDownDeepBreath · 19/08/2019 21:52

Revolut for this, although all three are great banks. Sterling & Monzo won't have any benefits in this situation (over any other bank). Revolut will, if the German fees aren't prohibitive.

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