No fees overseas
Another key feature that impressed was that Starling has no fees overseas. Let’s face it, we’ve all got a serious case of the travel bug, and if you ask me, or any millennial for that matter, travel is a necessary part of life. With no fees overseas, Starling Bank definitely agrees. Forget about those pesky ATM withdrawal fees, with Starling they don’t exist. Starling don’t charge you any fees for accessing your money abroad and for the majority of our guests who are frequent travellers, this was a game changer.
Helping to manage your money
One guest shared her experience of always struggling to make ends meet, a familiar story. Life can be expensive, so being punished for going beyond your approved overdraft can just add to the stress — we get that sometimes you can trip up. Guests were astounded that we’d rather help empower them to manage their money instead of letting them go further beyond their means and then charge extra harsh fees. The fact you can adjust your overdraft limit in app, and get a daily view of how long you’ve been in overdraft and the interest being charged — tools that encourage you to be in control of and behave better with your money — also went down a treat.
Hey, remember that time you needed to write in perfect cursive in order to live? No? Me neither. There was a recurring conversation amongst our guests about the lack of practical money skills we’re taught at school. Why are we all experts on fractions and how to play the recorder, yet when it comes to transparency and managing our money, very few of us know where to start? Our guests saw the real-time notifications coupled with the in app Pulse, which breaks down your daily spending, as a breath of fresh air. Finally, a bank that isn’t hiding your spending but allows you to control your money in a transparent way! As Boya Demarko, one of our very special guests put it, the Starling app is “Your very own financial PT”.