You can only have British pounds (GBP) in your Monzo account, so you can’t convert your balance into another currency.
But you can use your card abroad to make payments in any foreign currency. When you do, we use the Mastercard ‘wholesale’ rate without any mark-up on the exchange rate. So you’re always getting the best rate possible.
You can check the current exchange rate on the Mastercard website.
Author: Duane Harber
Last Updated:
Views: 6499
Rating: 4 / 5 (71 voted)
Reviews: 86% of readers found this page helpful
Name: Duane Harber
Birthday: 1999-10-17
Address: Apt. 404 9899 Magnolia Roads, Port Royceville, ID 78186
Phone: +186911129794335
Job: Human Hospitality Planner
Hobby: Listening to music, Orienteering, Knapping, Dance, Mountain biking, Fishing, Pottery
Introduction: My name is Duane Harber, I am a modern, clever, handsome, fair, agreeable, inexpensive, beautiful person who loves writing and wants to share my knowledge and understanding with you.