Monzo Blog
The latest updates, stories, ideas and guides from the Monzo team.
The Monzo app is changing: we've had a makeover
We've outgrown our current app, and it's time to shake things up. So we've built a new-look app that makes it easier to see what Monzo can do for you, and leaves plenty of room for where we're going!
Tax free savings allowance - what is yours and where to find it
Your tax free savings allowance, also known as a Personal Savings Allowance, is a way for most people to earn interest from savings without paying tax!
How do I know when I opened my bank account?
At some point your bank might ask when you opened your bank account. Here's how to find out!
Strong Customer Authentication: Using Chip and PIN more often when making contactless payments
New rules for all banks, including Monzo, mean you’ll need to use Chip and PIN more often when paying with your card.
How long does a bank transfer take?
Bank transfers are usually fast and easy, however there are a few instances when they can take longer to go through.
All the reasons you shouldn't get Monzo by people who have
Number 1: Hot Coral will become your entire life
You now only need £10 to open a Monzo Savings Pot
You can now open an Easy Access Savings Pot with a £10 minimum deposit and start earning up to 1.15% interest (AER, variable).
How long should you keep bank statements?
Keeping hold of your bank statements can be useful when applying for a mortgage, a loan, or when filing your tax return. Find out how long you should keep yours ✅
How much can you withdraw from an ATM?
The daily amount that you can withdraw from an ATM depends on what bank you're with and the type of account you have.
Money in Love: Michael and Dan
“We feel more comfortable when we have control over our own finances”
Is Monzo a debit card?
Yes! Monzo is much more than just a spending card!
Take the 'No Spendtember' Challenge and cut out spending on things you don't really need
It's a full 30 days where your goal is to stop spending on things you don't really need.
Why over-paying your student loan could end up costing you more
Student loans are very different to most other kinds of debt. And in some cases, clearing your student loan early could actually cost you more!
Why we ask you to take a video selfie when you sign up for Monzo
We use it to confirm that you're really you.
How to open a bank account if you’re a student and don’t have proof of address yet
You can open a current account with Monzo, even if you don’t have proof of address.
