Banking made easy
Spend, save and manage your money, all in one place. Open a full UK bank account from your phone, for free.
A full UK current account you can open in 15 minutes
Organise your money however you’d like with Pots
See your money in a whole new light with Trends
Spend
Get instant notifications the second you pay. Set budgets for things like groceries and going out, and get warnings if you’re spending too fast (if you want them).
Manage
Pay Direct Debits through Monzo and we’ll tell you if they’re higher for the upcoming month. So no nasty surprises.
Online banking that makes a statement
Turn heads with our white metal card, made from steel. Enjoy peace of mind with extensive phone and travel insurance, interest and much more.
Put money in your hands
Full financial visibility, with your other bank accounts and credit cards all in one place. Get interest on your money, personalised budgeting and much more.
Using Monzo Abroad
Use Monzo anywhere in the world that accepts Mastercard. We don’t charge any fees for spending abroad, and we don’t mark up the exchange rate – unlike most other banks. Travelling with Monzo
A better way to pay later
Use Monzo Flex to spread the cost of pretty much anything. If eligible it’s interest free over 3 instalments. Or there’s 6 or 12 instalments at 24% APR representative (variable) if you want more time.
Monzo Flex is credit for eligible 18+ year olds. Ts&Cs apply. Carefully consider the cost of using credit for purchases. Missed payments may negatively impact your credit score and you may lose the interest-free rate on existing plans. Representative example: 24% APR representative (variable). £1200 credit limit. 24% yearly interest (variable).
Borrowing: Loans and Overdrafts
We offer overdrafts up to £2,000 and loans up to £25,000. Checking if you're eligible won't leave a mark on your credit score, there are no lengthy forms to fill in, and no charges for paying us back early.
Our representative APR is 10.5% for loans more than £10,000, up to £25,000. For loans up to £10,000 it’s 23.9%. How does our overdraft compare? Our representative APR is 39.0%. You can use the APR to compare the cost of different credit products.
Keep Your Money Safe
Cutting-edge technology, FSCS protection and 24/7 support if you need us urgently. Just a few of the reasons over 6 million customers trust us to keep their money safe.
Independent service quality survey results
Personal current accounts
Published August 2022
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.
Help us build the kind of bank you want to use
Download the Monzo app on iOS or Android and join more than 6 million people who've changed the way they bank.
