Monzo Current Accounts
We’re making money work for everyone, so we have different current accounts for different needs. Choose from our original Monzo current account, Monzo Extra, Monzo Perks or Monzo Max.
Your eligible deposits are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.
Packed with the best of Monzo
A UK current account
We're authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.
Protection for your money
Your eligible deposits in Monzo are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.
A new way to bank
With features like instant spending notifications, simple ways to send money, Pots for separating it and monthly spending summaries.
Friendly support
Got a problem? We're here to help. Just message us in the app.
Loans and overdrafts
We offer loans up to £25,000 and overdrafts up to £2,000. See if you’re eligible without impacting your credit score. Our representative APR for loans of more than £10,000 and up to £25,000 is 14.8% APR. For loans up to £10,000 it's 25.2% APR. For overdrafts, it's 39% APR representative (variable).
Interest on your savings
Earn interest on your savings by choosing an Easy Access or Fixed Term Pot. Your money with each savings provider is protected by the FSCS for amounts up to £85,000 per person. Minimum £10 deposit to open.
Get more life for your money
Monzo Max comes with worldwide travel and phone insurance, UK & Europe breakdown cover, advanced tools, a weekly Greggs treat, an annual Railcard, and 4.60% AER (variable) interest on Instant Access Savings Pots.
Max starts from £17 a month • Aged 18-69 • UK resident • Ts&Cs apply
Make money that bit easier
Monzo Extra lets you unlock the best in Monzo money management: see your other banks in one place, dig into your credit health, group and label purchases your way, and more.
Extra is £3 a month • Aged 18+ • UK resident • Ts&Cs apply
The award-winning banking app with the hot coral debit card
Our free current account lets you spend, save and manage your money, all in one place. Get instant notifications whenever you spend, set aside your saving and bills money into Pots and pay friends in a few taps.
Compare plans
We're making money work for everyone, so we have different plans for different needs.
Free
Extra
Perks
Max
Free
months minimum
Free
Free
months minimum
A UK current account
Your eligible deposits are protected by the FSCS up to £85,000 per person
All the Monzo features you know and love
4.10% AER (variable) interest, paid monthly
Extra
£3 a month
months minimum
Includes all features from Free
A UK current account
Your eligible deposits are protected by the FSCS up to £85,000 per person
All the Monzo features you know and love
4.10% AER (variable) interest, paid monthly
Includes everything from Free, plus:
Connected banks and credit cards
Virtual cards
Advanced roundups
Custom categories
Auto-spreadsheet
Credit insights
Fee-free withdrawals up to £200
18+ • Ts&Cs apply
Perks
£7 a month
months minimum
Includes all features from Free
A UK current account
Your eligible deposits are protected by the FSCS up to £85,000 per person
All the Monzo features you know and love
4.10% AER (variable) interest, paid monthly
Includes all features from Extra
Connected banks and credit cards
Virtual cards
Advanced roundups
Custom categories
Auto-spreadsheet
Credit insights
Fee-free withdrawals up to £200
Includes everything from Free, Extra, plus:
4.60% AER (variable) interest, paid monthly
Fee-free withdrawals up to £600
3 fee-free cash deposits
Discounted investment fees
Annual Railcard
Weekly Greggs treat
18+ • Ts&Cs apply
Max
From £17 a month
3 months minimum
Includes all features from Free
A UK current account
Your eligible deposits are protected by the FSCS up to £85,000 per person
All the Monzo features you know and love
4.10% AER (variable) interest, paid monthly
Includes all features from Extra
Connected banks and credit cards
Virtual cards
Advanced roundups
Custom categories
Auto-spreadsheet
Credit insights
Fee-free withdrawals up to £200
Includes all features from Perks
4.60% AER (variable) interest, paid monthly
Fee-free withdrawals up to £600
3 fee-free cash deposits
Discounted investment fees
Annual Railcard
Weekly Greggs treat
Includes everything from Free, Extra, Perks, plus:
Personal worldwide travel insurance – provided by Zurich, powered by Qover
Personal worldwide phone insurance – provided by Assurant
Personal UK & Europe breakdown cover - provided by RAC
Add your family to your insurance and cover for an extra £5 a month
18-69 • Ts&Cs apply
Easy current account switching
With the Current Account Switch Service, you can move everything over to Monzo in 7 days without lifting a finger. We do everything for you, and you don’t need to deal with your old bank at all.