'Your bank should do the hard work for you': Monzo debuts possibly the best UK SIM deal just in time for…

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  • The banking app Monzo is launching new mobile phone plans
  • The three plans will get cheaper the longer you stay with Monzo
  • They launch this summer and you can join the waitlist now

The mobile banking app Monzo has announced that it's shaking up the UK's mobile phone networks with three new eSim plans that launch this summer — and they get cheaper the longer you stay.

Monzo Mobile will piggyback on the Virgin Media O2 network and the banking app says it will reward loyalty by reducing your monthly bills by 5% each year, up to a total discount of 30%. That's a new trick that could prove popular with anyone who's tired of contract price hikes.

So how do those three plans break down? As you can see below, Monzo will be offering an £8 p/month plan (with a 10GB data cap), a 12GB p/month one (for 30GB...

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