The challenger bank’s three premium subscription plans – Extra, Perks, and Max – come packed with benefits tailored to the preferences of over 45,000 customers, identified through research into their spending habits.

One of the standout perks is a complimentary weekly treat at Greggs, Monzo customers collectively splurged over £70 million in 2023. Additionally, Monzo has partnered with Trainline to offer discounted rail cards, reflecting the 13 million transactions made through the travel company last year, totalling £244m.

Fernando Fanton, chief product officer at Monzo, says: “Whether it’s Monzo’s top savings rates, a weekly treat from Greggs, travel insurance, breakdown cover or even more tools to supercharge your budgeting, we’re on a mission to make every pound and penny go further for our customers.

“We’ve designed Extra, Perks and Max with their feedback, hearing what matters most to them - and we know they’re partial to a sausage roll given they spent a collective £70 million at Greggs last year!”