Monzo launches metal credit card that auto-invests cashback

Monzo , the UK digital bank, has launched a £15-a-month iridescent metal credit card, which it says is the UK’s first credit card that auto-invests cashback as customers spend. Called Monzo Aura, Monzo is pitching the card, which rolls out today, as helping customers streamline financial administration and help them manage their long-term financial planning. As well as auto-investing cashback, it also offers perks with big-name brands.