Make your money
more Monzo
Automate bills. Organise how you spend. Save in clever new ways. All with a free Monzo Current Account.
Interest earned
Interest for May so far
£9.57
Get paid one business day early 💸
When paid by Bacs 🎉
Cashback offers
On top brands
UK residents. Ts&Cs apply.
Banking never felt like this
Earn cashback. Get paid early. Split bills. Free yourself from travel fees.
2-10% cashback
On your favourite brands
Personal cashback offers vary
Get paid one business day early 💸
When paid by Bacs
Settle up seamlessly
Split bills in the app
No fees when you pay by card
No foreign transaction fees
€0.03
ATM Fee-free allowance
For 30 days
£2.00
Pay anywhere, in any currency
Your bank account for going abroad
2-10% cashback
On your favourite brands
Personal cashback offers vary
Get paid one business day early 💸
When paid by Bacs
Settle up seamlessly
Split bills in the app
No fees when you pay by card
No foreign transaction fees
€0.03
ATM Fee-free allowance
For 30 days
£2.00
Pay anywhere, in any currency
Your bank account for going abroad
Over 10 million people bank with Monzo. Join them.
Get a fully regulated UK current account on Britain’s Best Banking App.
Make your account feel more you with custom Pots. Use them to separate your money, save, and sort bills.
Learn about your spending habits with weekly and monthly insights.
Get to know where your money goes
See instant notifications the second you pay. Then set budgets for things like groceries and going out, and get alerts if you’re spending too fast (if you want them).
Grow (and grow and grow) your money
Earn 3.60% AER interest (variable)
Paid monthly with an Instant Access Savings Pot or Instant Access Cash ISA. Deposit up to £500,000 with no minimum deposit, and access your money at any time.
Invest in your future
Invest as little as £1 in a choice of 3 investment options, and the experts will take care of everything for you.
The value of your investments could go up or down and you could get back less than you put in.
Save as you spend
Every time you spend money, we’ll round it up to the nearest pound and put the spare change in a Pot for you. All you need to do is switch on roundups.
People on Monzo save on average £100 extra each year this way.
Banish bill admin
Set up Direct Debits and standing orders to come directly from a Pot. So things like your council tax, Wifi and gas bill can come straight out of your Bills Pot.
We’ll also let you know if a bill’s more expensive than it was last month, so there’s no nasty surprises.
Spend with friends
We’ve been saving the nation from sending awkward ‘pay-me-back’ texts since 2018. Split bills, send payment reminders, and stay on top of joint costs.
We’ll work out who owes what and make it easy to settle up, even if someone’s not on Monzo.
Free yourself from travel fees
Get the real exchange rate
We don’t charge fees for spending on your card abroad, and we pass Mastercard's exchange rate directly onto you, without extra charges.
Stay in the know
You’ll see the real exchange rate in the app when you land. We'll also send you a spending report so you can look back on the cost of your trip.
Make free cash withdrawals
If Monzo is your main bank account, make unlimited fee-free cash withdrawals abroad in the European Economic Area (EEA), and up to £200 every 30 days for free outside the EEA. After that, we’ll charge 3%.
Speak to us wherever, whenever
We don’t have opening or closing hours. That means you can speak to a real-life human through in-app chat, whenever you need to, wherever you are.
Get more bank for your buck
Upgrade your personal current account based on what’s important to you. Here’s what you get with Max, our top plan:
Choose how you borrow money
Whether you need an overdraft to cushion your current account or a loan for bigger buys, we’ve got options.
Industry-first tech built to protect
Our innovative technology is designed to stop scammers in their tracks. Like our trio of extra security controls, which you can turn on for added protection. Use known locations, a secret QR code, or trusted contacts to stay safe when making large payments.
Everything you want and need from your bank, in one hot coral package.
A fully licensed UK bank
That means we're regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Protection for your money
The Financial Services Compensation Scheme (FSCS) protects your eligible deposits in Monzo up to a value of £85,000 per person.
A better way to manage cash
With features like in-app cheque deposits, and cash deposits across all UK Post Offices and PayPoints.
24/7 customer support
We don’t have opening or closing hours. Message us in the app whenever you need help, wherever you need it.
Loans and overdrafts
We offer loans up to £25,000 and overdrafts up to £2,000. You can check if you're eligible without affecting your credit score.
Interest on your savings
Earn 3.60% AER (variable) paid monthly with an Instant Access Savings Pot. Deposit up to £500,000 with no minimum deposit, and you can access your money anytime.
Independent service quality survey results
Personal current accounts
As part of a regulatory requirement, independent surveys were conducted to ask customers of the largest personal current account providers in Great Britain and Northern Ireland if they would recommend their provider to friends and family. The results represent the view of customers who took part in the survey.
Authorised push payment (APP) fraud rankings in 2023
Authorised push payment (APP) scams happen when someone is tricked into transferring money to a fraudster’s bank account.
These charts use data given to the Payment Systems Regulator by major banking groups in the UK in 2023.
You can read the full report by visiting www.psr.org.uk/app-fraud-data
Share of APP fraud refunded
This is the proportion of total APP fraud losses that were reimbursed, ranked out of 14 firms.
APP fraud sent per £million transactions
This is the amount of money sent from the victim’s account to the scammer, ranked out of 14 firms.
For example, for every £1 million of Monzo’s transactions sent in 2023, £213 was lost to APP scams.
APP fraud received per £million transactions: smaller UK banks and payment firms
This is the amount of money received into the scammer’s account from the victim, ranked out of all UK banks and payment firms.
For example, for every £1 million received into consumer accounts at Skrill, £10,355 of it was APP scams.
APP fraud received per £million transactions: major UK banks and building societies
This is the amount of money received into the scammer’s account from the victim, ranked out of all UK banks and payment firms.
For example, for every £1 million received into consumer accounts at Monzo, £183 of it was APP scams.
Download your new favourite bank
Download the Monzo app on iOS or Android and join more than 10 million people who've changed the way they bank.