The term “price war” is one of the most overused when it comes to banking. Sometimes people are faced with such a paucity of deals, they are desperate to see any tiny relaxation of lending or boost to savers’ returns as a price war. It is called wishful thinking. But as the economy continues to pick up and mortgage lending reaches its highest level since the great crash, talk of a real price war, for borrowers at least, is not an overstatement.
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.