The following is a paid review for MungoMoney.co.uk.
Mungo Money is a UK-based financial website with the goal to “help you find the best UK credit cards, low rate loans and high interest savings accounts available on the UK high street.” They do all this by reviewing the latest credit cards, loans and savings accounts each week and featuring the best financial products online.
As you know, I try and split up my reviews of other financial websites into a number of different categories, to help you see the positive and negative aspects of such sites. I feel that a good-quality financial website has a balance of quality information, ease of use, is aesthetically pleasing, and stays current so that you stay informed.
Let’s start with the superficial: looks. Let’s face it, if the site doesn’t look good, you’re not going to want to stick around to find out what it has to say. Mungo Money is one of the better-looking sites out there – with plenty of white space and bright colors. It tastes like a Web 2.0, but at the same time it has a hint of a splog. In my opinion, the site should highlight categories and articles instead of hitting users with credit card ‘ads’ right away.
As far as content goes, I wasn’t expecting too much in terms of helping users gain a better understanding of credit, credit cards, or other personal finance-related topics. To find what I would call the “meat” of the site, you have to look at the sidebar for the link to their “Talk” section. This section is basically a blog with a few articles regarding money in some form or fashion. They don’t really revolve around one topic, such as debt, but cover everything from entrepreneurship to credit card designs. The posts seem to be fairly infrequent, but some have some worthwhile content, such as their article on “What everyone should know about balance-transfer credit cards.”
But the main push of the website isn’t finance-related information, it’s a listing of credit cards available in the UK with their associated interest rates, fees, and incentive programs. The homepage even gives you a short list of their favorite credit cards depending on what you’re looking for – easy access, low rate, loyalty program, etc.
So if you’re in the market for a credit card in the UK, then I would hop on over and at least give their list a look. It’s a good way to see in one glance, what credit cards are out there to meet your needs. If you’re looking for other credit-related information though… I’d go elsewhere.