Monzo for 16-17s
A bank account just for 16–17 year olds. Split bills with friends and get to know your spending habits – all in one app.
16–17 year olds only • UK residents only • Ts&Cs apply
With (almost) everything you get as an adult
You’ll get a Hot Coral debit card, instant spending notifications, and 24/7 in-app support. We’ve just blocked spending for things you can’t do if you’re under 18, like gambling. You can’t get an overdraft, but we won’t charge you if you accidentally go overdrawn.
Spend with friends
Without the stress. Split the bill in the app, or send a Monzo.me link. No need to chase – we can do that for you with payment reminders.
Pots for the things you want
Name them what you like. Save for what you want. Put money aside in Pots for your favourite things, whether it’s holiday spending or an iced coffee fund.
A flexible way to save
No need to lock away your savings. Earn 3.85% AER interest (variable) on Instant Access Savings, and withdraw whenever you need to.
Get paid early
Nothing hits quite like your first paycheck – especially if it’s a day early. Get your salary paid into your Monzo account by Bacs and we'll send it one business day early.
Take Monzo on holiday
Free yourself from fees
Pay abroad with no fees. We pass Mastercard’s exchange rate directly onto you, without sneaky fees or extra charges. So no need to get cash out before you go.
Stay in the know
Understand exactly what you're spending by seeing the real-time exchange rates in the app when you pay with your card abroad.
Make free cash withdrawals
If Monzo's your main bank account, we’ll let you make unlimited fee-free cash withdrawals abroad in the European Economic Area (EEA), and up to £200 every 30 days for free outside the EEA. After that, we’ll charge 3%. Some ATMS may have additional charges.
Under 16?
Take a look at our Under 16s account.
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.
Apply for a 16-17s account in 10 minutes
Join more than 10 million people who’ve already changed the way they bank.
