Monzo Blog
The latest updates, stories, ideas and guides from the Monzo team.
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.
How to open a Monzo account
Signing up for a Monzo bank account takes minutes, and you can do it all from your phone.
Introducing Strong Customer Authentication: What you need to know
New rules for all banks, including Monzo, mean we’ll start increasing security around using your account and making payments. So the way you log into the Monzo app is changing, and we’ll ask you to regularly prove your identity by reauthenticating.
Get your student loan a day before your friends do
We’ve built a new feature called Get Paid Early, which lets you get your student loan a day earlier than usual, for free.
What's the first thing you spend on when you get paid? We asked and you answered.
Some of you said bills, some of you said savings. A lot of you said drinks...
Money in love: Craig & Nichola
“We pool our money when we get paid, pay the bills and the mortgage, then halve whatever’s left”
Monzo now lets you get paid a day early, for free
You can now get your salary paid a day early, for free! No cost, not hassle. Just more time with your money.
