MyMonty review

The monthly fee is €0 for the debit card, so there is no standing charge to hold the account. That keeps the running cost at the simplest level here. Conversion and cash withdrawal terms are not among the features listed in multi currency, virtual card and travel.

MyMonty issues a debit card rather than a prepaid one, so spending draws on your own account balance. It runs on the mastercard network, which is accepted in many countries. A virtual card is also among the listed features.

MyMonty supports 2 currencies, alongside multi-currency features. That suits a traveller who wants to hold more than one currency before a trip. The account is run by Monty Finance SAL, based in Lebanon.

MyMonty is licensed in Lebanon by the Central Bank of Lebanon, and the group is also licensed in the United Kingdom by the Financial Conduct Authority. The card is issued by Monty Finance SAL and runs on the mastercard network.

Support runs on email and phone, so email and phone are the routes in. Phone contact matters when a card payment is blocked while you are abroad. A help centre and live chat are not among those channels.

Travel is one of the listed features, alongside multi-currency and virtual card options in multi currency, virtual card and travel. The card runs on the mastercard network, which helps abroad. Currency conversion fees are not among those features, so check the charge before spending in another currency.

A virtual card is one of the listed features, and the account carries a monthly fee of €0. The features listed in multi currency, virtual card and travel do not set out a separate charge for a virtual card. The main card is a debit card on the mastercard network.

A free ATM withdrawal allowance is not among the features listed in multi currency, virtual card and travel, so treat cash withdrawals as a possible charge. Currency conversion terms are absent from that list too. The €0 monthly fee is the only charge stated plainly.