Monzo Blog
The latest updates, stories, ideas and guides from the Monzo team.
Revisiting the Vulnerable Customers Team in 2019
They work to understand the needs of all our customers, especially those who are more likely to have problems with their money.
Monzo Monthly Update: February 2019
From improving Golden Tickets to making paying people even easier, we released a bunch of new and exciting things last month!
Monzo Monthly Update: March 2019
We've been making progress with our new and exciting 2019 plans - from business accounts to Monzo Plus, here's what we've been up to!
Why you should make Monzo your main bank, according to people who have
98% of people who use Monzo as their main account would recommend it.
Do the 1p Savings Challenge monthly and save £667.95 a year
Do the 1p Savings Challenge monthly, so you can set aside your savings as soon as you get paid.
Save £150.55 a year with the Save the Date Challenge
It works by taking the date every day, adding up the day, month and year, then setting aside the total amount in pennies.
Are pyramid schemes legal in the UK?
No, pyramid schemes are illegal. People who create them could go to prison, and if you join one you could end up losing hundreds of pounds.
My bank says I need to move my money into a 'safe account' – should I?
No – this is a kind of fraud where someone tricks you into sending them money, usually by pretending to be from a company you trust.
Can I get a Monzo account if I already have a bank account?
Yes! You can have more than one bank account, so you can open a Monzo account alongside any other accounts you already have.
Save £667.95 a year with the Reverse 1p Saving Challenge
Do the 1p Saving Challenge backwards, so it gets easier over time!
We’re experiencing problems with some bank transfers
Some bank transfers aren't working. We're working on sorting it out asap.
Why everyone at Monzo does research
It might seem like blasphemy to other researchers, but we encourage everyone who works on the Monzo app to do their own user research.
Could rounding-up your spending help you afford your next holiday?
Rounding up your purchases to the nearest pound and saving the spare change is helping more than 380,000 people save money!
How to protect yourself against APP fraud
Authorised push payment (APP) fraud is where someone tricks you into sending them money from your bank account. Here are some tips how to avoid being a victim.
What is nudge theory? And can it help you manage your money?
How to use the science of persuasion to help you get your financial life in order.
