Introducing Monzo Plus

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Today we’re launching Monzo Plus – the new account that puts money in your hands

Get full financial visibility, with your other bank accounts and credit cards all in one place. Get interest on your money, personalised budgeting and so much more.

We built Monzo Plus to help you get a grip on your finances with features like other bank accounts, credit cards and your credit score in Monzo, custom categories for all of your spending, and virtual cards for safer online shopping.

We’ve also included benefits that stretch your pennies into pounds with 1.00% AER/Gross (variable) interest on money in your balance and regular Pots up to £2,000. Save on fees with £400 fee-free cash withdrawals abroad every 30 days, for when you can go away again. And pay cash into your account for free once a month.

Finally, treat yourself to our new holographic card, exclusive to Monzo Plus. And offers from brands we think you’ll love, like a Fiit home workout membership and money off Patch plants and plant pots (conditions apply).

All of this, for £5 a month with a 3 month minimum term.

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A whole new way to experience Monzo

Our mission’s always been to make money work for everyone, and that mission’s never felt as important as it does now.

Lots of us are facing financial uncertainty at the moment. There’s no knowing what will happen, or when things might be ‘normal’ again.

We want to feel in control of our finances. We’d like to know where our money’s going and how we can help it go further – ideally ending each month with a little more cash than the one before.

We built Monzo Plus to do exactly that. For £5 a month, you get everything that comes with our free, original Monzo account, plus all these benefits…


See your other bank accounts in Monzo

Get a clear view of your finances by adding your other bank accounts and credit cards to Monzo. See your balances and transactions, and move money around with easy bank transfers. Terms and conditions apply.


Get our new holographic card

Our brand new card, exclusive to Monzo Plus. With a reflective holographic layer and our Monzo logo on hot-stamped foil. Your details are kept neatly on the back of the card for a minimalist design.


Create your own custom categories

Create your own categories to break down your spending, your way. Plus, divide single payments into multiple categories, like separating your supermarket purchase into food and wine.


Stay safe online with virtual cards

We’re all spending more online these days, so it’s important to protect yourself. Keep your physical card details safe from fraudsters by using virtual cards for online payments.

The money you spend comes from your balance, just like with your actual Monzo card. Virtual cards are especially handy for managing online subscriptions.

And so much more:

  • 💵 Interest on your balance and regular Pots – Earn 1.00% AER/Gross (variable) interest on your account balance and money in regular Pots (not including Savings Pots) up to £2,000. We’ll pay you the interest at the end of each month. 

  • 🛍 Offers – Like 15% off Patch plant and plant pot orders over £50. As well as 25% off a Fiit home workout membership. These may change over time. Conditions apply.

  • 🆙 Advanced roundups – We can round up a payment to the nearest pound and put your spare change in a Pot. We’ll multiply your spare change by 2, 5 or 10. With the 2 times advanced roundup on, spending £1.90 would put 20p (10p x 2 = 20p) in a separate Pot. 

  • 👀 Credit Tracker – See your TransUnion credit score and track how it changes each month. With helpful information about what a credit score is and how to improve yours.

  • 📊 Auto-export transactions – If you want us to, we'll add your transactions to a single Google Sheet as they happen, so you can get to know your money better. Then add your own tables and graphs. You can turn auto-export on and off whenever you like. 

  • 🏦 1 free cash deposit a month – Pay in cash once a month for free. Just go to one of the 28,000 PayPoints across the UK to pay your money in.

  • 🏧 £400 fee-free cash withdrawals abroad – Take out up to £400 in cash when you’re abroad every 30 days, fee-free. That’s double the amount you can take out with our free, original Monzo account. Perfect for when we can all go away again.

Plus, everything you get with our free account

You get all of this, as well as everything you get with our free, original Monzo account.

Things like fee-free UK bank transfers, Pots for separating your money, instant spending notifications, customer support when you need it and more. Your eligible deposits in Monzo are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.

Get Monzo Plus today

You'll need to be at least 18 years old and have the latest version of Monzo on your phone. Anyone who has a Monzo account can upgrade to Monzo Plus in minutes. And if you’re completely new to Monzo, download the app here.