Opening a Monzo account and using it day-to-day is free.
If you have an overdraft, we’ll charge you when you use it. And we also charge if you withdraw more than £200 of cash when you’re abroad.
Opening a Monzo account is free
Signing up for Monzo is totally free, just download the app on iOS or Android to get started
We don’t charge you for your hot coral debit card, or ask you to pay for delivery
Using Monzo in the UK is free
We don't charge any fees for making payments or withdrawing cash in the UK
When you’re abroad, withdrawing cash up to £200/month and spending with your card is free
Using your card to spend abroad is completely free – online, in shops and restaurants, and everywhere else that accepts Mastercard
You can withdraw up to £200 cash for free, every 30 days. After that we’ll charge you a 3% fee
You can find out more about travelling with Monzo here.
We'll charge you for using your overdraft
If you have a Monzo overdraft, we'll charge you 50p each day you use it
To learn how to make the most of your money, head to Monzo Money Tips! 💸