Starling Bank vs Monzo - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like Starling Bank and Monzo have emerged as leading choices. Both Starling Bank and Monzo online platforms offer efficient and cost-effective and secure international money transfers from Starling Bank and Monzo.

We compare Starling Bank vs Monzo into the unique features and benefits that distinguish Starling Bank vs Monzo, empowering you to make an informed decision based on your specific transfer needs like Starling Bank vs Monzo fees, currencies available, available payment methods on Starling Bank compared to Monzo, support options offered by Starling Bank vs Monzo, speed and more.

Starling Bank vs Monzo: Quick Feature Comparison

  1. Visit Starling Bank alternative Starling Bank Visit Starling Bank

    Used By: 2500000
    Currencies Available: 20
    Transfer Fees: 0.4%+local fee
    Payment Methods: standing orders, withdraw money through an ATM machine with a debit card and deposit money via bank transfer
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 25000 GBP/day
    Year Founded: 2014

  2. Visit Starling Bank alternative Monzo Visit Monzo

    Used By: 5,000,000
    Currencies Available: 1
    Transfer Fees: none
    Payment Methods: bank transfer, phone contact
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: none
    Max Transfer: 10000 GBP
    Year Founded: 2015

Starling Bank vs Monzo: Pros and Cons

Starling Bank vs Monzo
Advantages

Starling Bank Advantages Monzo Advantages
  • Starling Bank is available internationally.
  • Starling Bank has multiple currency options.
  • Starling Bank provides phone customer support.
  • Starling Bank provides email customer support.
  • Starling Bank is available to iOS Apple device users.
  • Starling Bank is available to Android mobile device users.
  • Monzo provides phone support.
  • Monzo offers registered customers email support.
  • Monzo has a Apple iOS app on Apple app store.
  • Monzo offers a Android Google Play Store mobile app.

Starling Bank vs Monzo
Disadvantages

Starling Bank Disadvantages Monzo Disadvantages
  • Starling Bank has no PayPal support.
  • Starling Bank has no Neteller payments support.
  • Starling Bank has no Skrill payment support.
  • Starling Bank does have a mobile digital wallet like some others.
  • No home delivery with Starling Bank.
  • No cash pickups with Starling Bank.
  • No money order support with Starling Bank.
  • No live chat support with Starling Bank.
  • Monzo has no PayPal option.
  • Monzo has no Neteller option.
  • Monzo has no Skrill option.
  • Monzo is not available is as many regions as some other providers.
  • Monzo has few fiat currency then some others.
  • No digital wallets with Monzo.
  • No Monzo home delivery.
  • No Monzo Cash pickups.
  • No Monzo money order option.
  • No Monzo Livechat.

Starling Bank vs Monzo Fees and Other Costs

Fee type Starling Bank Fees Monzo Fees
Transfer Fees 0.4%+local fee none
Min Transfer none none
Max Transfer 25000 GBP/day 10000 GBP
Payment Methods standing orders, withdraw money through an ATM machine with a debit card and deposit money via bank transfer bank transfer, phone contact
Currencies GBP, EUR, USD, BGN, CZK, DKK, PLN, HKD, HUF, MXN, NZD, NOK, QAR, RON, SGD, ZAR, SEK, CHF, THB, TRY GBP

Starling Bank vs Monzo Restricted Countries

Starling Bank Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Monzo Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Starling Bank vs Monzo Transfer Speeds

Transfer Speed Starling Bank Monzo
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Starling Bank vs Monzo Languages

Starling Bank Supported Languages

English

Monzo Supported Languages

Starling Bank vs Monzo Verdict - Which is better?

Which is best out of Starling Bank and Monzo depends on your needs.

  • Starling Bank vs Monzo Transfer Fees: Transferring money with Starling Bank costs 0.4%+local fee while Monzo charges none.
  • Starling Bank vs Monzo Supported Currencies: Starling Bank deals in over 1, where as Monzo offers transactions in 1.
  • Starling Bank vs Monzo Payment Methods: Starling Bank accepts standing orders, withdraw money through an ATM machine with a debit card and deposit money via bank transfer, while Monzo allows transactions via bank transfer, phone contact.
  • Starling Bank vs Monzo Transfer Limits: Starling Bank allows transfers between none and 25000 GBP/day. Monzo's range is none to 10000 GBP.
  • Starling Bank vs Monzo Minimum Age for Account Creation: Starling Bank requires users to be at least 18 years old, where as Monzo has a minimum age requirement of 18.
  • Contact Number: You can reach Starling Bank at 0207 930 4450 and Monzo at 00 44 20 3872 0620.
  • Starling Bank vs Monzo Countries of Operation: Starling Bank operates in over 1 countries but has restrictions in over 1 countries. Monzo serves 1 countries and restricts operations in 1 countries.
  • Starling Bank vs Monzo Client Base: Starling Bank is used by 2,500,000, where as Monzo serves 5.
  • Starling Bank vs Monzo Year Founded: Starling Bank was established in 2014 and Monzo began its operations in 2015.
  • Starling Bank vs Monzo Customer Rating: Starling Bank holds a rating of 3, in contrast, Monzo has a rating of 3.
  • Starling Bank vs Monzo Headquarters: Starling Bank has its headquarters at London (GB), while Monzo is based at London, UK.
  • Starling Bank vs Monzo Employee Count: Starling Bank employs 1,245 individuals, where as Monzo has a team of 1,551.
  • Starling Bank vs Monzo Estimated Annual Turnover: Starling Bank turnover stands at 125200000, while Monzo boasts a turnover of 80000000.
  • Starling Bank vs Monzo Founder: Starling Bank was founded by Anne Boden, holding the position of CEO. On the other hand, Monzo was the brainchild of Carol Kobuke Nelson, currently holding the position of CEO.
  • Starling Bank vs Monzo Supported Languages: Starling Bank offers support in over 1 languages. Monzo communicates in 1.

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Screenshots

Starling Bank Screenshot

Starling Bank Screenshot

Monzo Screenshot

Starling Bank Screenshot