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MONEYMONA ACCOUNTS BETTER VALUE THAN TESCO NEW ACCOUNT?

Tesco launches its current account this week and there seems to be a lot of furore about the product. In real terms the product is aimed at individuals whom are disappointed and despondent with main stream options. The Tesco 

account is free if you pay in £750 per month if you don’t the monthly fee is £5 per month. It is another option but www.moneymona.com offers account for £3 per month and there is no minimum deposit level.

There are also lots of benefits and rewards and is free at UK points of sale. You can use our product to purchase online or instore. We also do not undertake credit checks our accounts are aimed at people who cannot get mainstream accounts and generally they are the people who actually need them. I may be biased but how all of these accounts offer a solution to someone who needs to pay bills and receives tax credits is beyond me.

Moneymona accounts were started to fill a void and supply a service to individuals who cannot get basic banking facilities. Please refer to www.moneymona.com to apply and to find out further information.

 

 

Last modified onTuesday, 10 June 2014 08:18

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The Moneymona Account and Visa Debit Card is an electronic money product issued by Contis Financial Services Ltd who is authorised by the Financial Conduct Authority to issue e-money (Firm Reference Number 900025). Although it is a product regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme. We ensure that any funds received by you are held in a segregated account so that in the unlikely event that Contis Financial Services Ltd becomes insolvent your funds will be protected against claims made by creditors.