Monzo Current Accounts
We’re making money work for everyone, so we have different current accounts for different needs. Choose from our original Monzo current account, Monzo Plus or Monzo Premium.
Your eligible deposits are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.
Packed with the best of Monzo
A UK current account
We're authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.
Protection for your money
Your eligible deposits in Monzo are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.
A new way to bank
With features like instant spending notifications, simple ways to send money, Pots for separating it and monthly spending summaries.
Friendly support
Got a problem? We're here to help. Just message us in the app.
Loans and overdrafts
We offer loans up to £25,000 and overdrafts up to £2,000. See if you’re eligible without impacting your credit score. For loans, our representative APR is 14.8% for more than £10,000, up to £25,000. For up to £10,000 it’s 28.8%. For overdrafts, it’s 39% APR/AER representative (variable).
Interest on your savings
Earn interest on your savings by choosing an Easy Access or Fixed Term Pot. Your money with each savings provider is protected by the FSCS for amounts up to £85,000 per person. Minimum £10 deposit to open.
Banking that makes a statement
Turn heads with our white metal card. Enjoy peace of mind with phone and worldwide travel insurance, interest on your balance and much more.
Monzo Premium is £15 per month • 6 month minimum • Must be aged 18-69 • Ts&Cs apply
Put money in your hands
More financial visibility, with your other bank accounts and credit cards all in one place. Get interest on your money, personalised budgeting and much more.
Monzo Plus is £5 per month • 3 month minimum • Must be aged 18+ • Ts&Cs apply
The award-winning banking app with the hot coral debit card
Our free current account lets you spend, save and manage your money, all in one place. Get instant notifications whenever you spend, set aside your saving and bills money into Pots and pay friends in a few taps.
Free
A UK current account
With savings, borrowing and overdrafts
Your money is protected by the FSCS
Your eligible deposits are protected by the FSCS up to a value of £85,000 per person
4.10% AER interest (variable)
On balances up to £100,000 in a Personal Instant Access Savings Pot, paid monthly
Fee-free UK bank transfers
Send money to any UK bank for free
Pots for separating money
Put money aside from your balance
Award-winning support
Through the app, if you need it
Instant notifications
See when, where and how you spend
Apple Pay and Google Pay
Spend using your phone
Spending categories
Get a clear view of your spending
£5 per month
Must be over 18
All free Monzo features
Other accounts, in Monzo
See your other accounts in Monzo
4.60% AER interest (variable)
On balances up to £100,000 in a Personal Instant Access Savings Pot, paid monthly
Holographic card
Exclusive to Monzo Plus
Custom categories
Plus, divide payments into multiple categories
Virtual cards
Avoid using your physical card online
Advanced roundups
Make your spare change go further
Credit Tracker
See how your credit score changes
Offers
15% off Patch and many more
Fee-free withdrawals abroad
Up to £400 free every 30 days
Auto-export transaction
Live updates to Google Sheets
1 free cash deposit a month
At PayPoints across the UK
£15 per month
Must be aged 18-69
All free Monzo features
All Monzo Plus features
Metal card
Exclusive to Monzo Premium
Phone insurance
Covers loss, damage, theft, and cracks. Exclusions apply
Worldwide travel insurance
Cover for you and your family when travelling together. Exclusions apply
4.60% AER interest (variable)
On balances up to £100,000 in a Personal Instant Access Savings Pot, paid monthly
Get discounted access to over 1,100 airport lounges
You and guests can travel in style
Fee-free withdrawals abroad
Up to £600 every 30 days
5 free cash deposits a month
At PayPoints across the UK
Not sure what to pick?
Compare each account to find the right one for you
Easy current account switching
With the Current Account Switch Service, you can move everything over to Monzo in 7 days without lifting a finger. We do everything for you, and you don’t need to deal with your old bank at all.