Monzo Perks
Upgrade your account and get more every day — for £7 a month.
UK residents aged 18+ • Ts&Cs apply
The best things pay for themselves
On top of our best money management tools, you’ll get a weekly Greggs treat, an annual Railcard, 4.35% AER (variable) interest on Instant Access Savings Pots and more.
Bold Coral
Our signature colour, but with shades on.
Strap boosters to your money management
Perks is packed with advanced budgeting, saving and general money management tools to help you get to where you’re going.
Only the best will do
Get our best savings rate, take out more fee-free cash abroad or invest in your future, for less.
Compare plans
We're making money work for everyone, so we have different plans for different needs.
Free
Extra
Perks
Max
£7 a month
months minimum
Free
Free
months minimum
A UK current account
Your eligible deposits are protected by the FSCS up to £85,000 per person
All the Monzo features you know and love
3.85% AER (variable) interest, paid monthly
Extra
£3 a month
months minimum
Includes all features from Free
A UK current account
Your eligible deposits are protected by the FSCS up to £85,000 per person
All the Monzo features you know and love
3.85% AER (variable) interest, paid monthly
Includes everything from Free, plus:
Connected banks and credit cards
Virtual cards
Advanced roundups
Custom categories
Auto-spreadsheet
Credit insights
Fee-free withdrawals up to £200
Aged 18+ • Ts&Cs apply
Perks
£7 a month
months minimum
Includes all features from Free
A UK current account
Your eligible deposits are protected by the FSCS up to £85,000 per person
All the Monzo features you know and love
3.85% AER (variable) interest, paid monthly
Includes all features from Extra
Connected banks and credit cards
Virtual cards
Advanced roundups
Custom categories
Auto-spreadsheet
Credit insights
Fee-free withdrawals up to £200
Includes everything from Free, Extra, plus:
4.35% AER (variable) interest, paid monthly
Fee-free withdrawals up to £600
3 fee-free cash deposits
Discounted investment fees
Annual Railcard
Weekly Greggs treat
Aged 18+ • Ts&Cs apply
Max
From £17 a month
3 months minimum
Includes all features from Free
A UK current account
Your eligible deposits are protected by the FSCS up to £85,000 per person
All the Monzo features you know and love
3.85% AER (variable) interest, paid monthly
Includes all features from Extra
Connected banks and credit cards
Virtual cards
Advanced roundups
Custom categories
Auto-spreadsheet
Credit insights
Fee-free withdrawals up to £200
Includes all features from Perks
4.35% AER (variable) interest, paid monthly
Fee-free withdrawals up to £600
3 fee-free cash deposits
Discounted investment fees
Annual Railcard
Weekly Greggs treat
Includes everything from Free, Extra, Perks, plus:
Personal worldwide travel insurance – provided by Zurich, powered by Qover
Personal worldwide phone insurance – provided by Assurant
Personal UK & Europe breakdown cover - provided by RAC
Add your family to your insurance and cover for an extra £5 a month
Aged 18-69 • Ts&Cs apply
Common Questions
What are virtual cards?
Extra cards that you can create and delete as you like for budgeting and security.
Only want to spend a certain amount on croissants this month? Create a ‘Pastries’ Pot, link a virtual card to it and once the Pot’s run dry, you’ve hit your limit.
Buying something online but worried about entering your physical card’s details? Create a virtual card specifically for online shopping and if you think someone’s got hold of the details, delete the virtual card.
You can have up to 5 live virtual cards at any time and can create up to 9 every 30 days, with a maximum of 100 per year.
What are connected banks and credit cards?
Get a clear view of your finances by adding other bank accounts and credit cards to Monzo.
See your balances and transactions, and move money around with easy bank transfers.
We encrypt the information we get from your other bank and if you change your mind, you can remove an account at any time.
We use Open Banking to connect accounts, which is a service that the Financial Conduct Authority (FCA) regulates. For security reasons we ask you to renew the connection every 90 days.
Which banks and credit cards do you connect with?
This means you can see your other account balances, transactions, and trends all in the Monzo app. We let you add most major UK banks to Monzo. The ones below are the ones that are available now on personal/business accounts. Supported banks: American Express, Bank of Scotland, Barclaycard, Barclays, Capital One, Chase, First Direct, HSBC, Halifax, Lloyds Bank, M&S Bank, MBNA, NatWest, Nationwide, RBS, Revolut, Sainsbury's Bank, Santander, Starling Bank and TSB.
We're hoping to add more soon and we're already working on the next group of accounts to be added!
Go to Monzo Labs in your Account Settings and switch on 'Test Other accounts in Monzo' to connect to one of the following accounts which are still in testing:
Amazon, Aqua, Argos Classic, Bip, Fluid, John Lewis, Marbles, NewPay, Opus, Pulse, Tesco Bank, Tide Business Banking, Virgin Money and Wise
How does the custom categories feature work?
You can create and edit a custom category by opening a recent payment and tapping the category for that payment.
If you edit a payment's categories, we'll categorise all future payments for the same merchant in the same way.
How does the credit insights work?
Credit insights gives you a clear picture of your credit health and ways to improve it.
You’ll see your Experian, Equifax and TransUnion credit scores as well as your TransUnion credit report, updated weekly. So you can keep an eye on things and take action if something doesn’t look right.
We’ll also show you the factors that are impacting your scores and what you can do to improve how lenders see you.
You’ll be able to understand how to improve your credit health with credit-boosting actions. You can track the progress of your actions and see the estimated impact that ticking them off will have on your scores.
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