Student banking, sorted ✅
Monzo is the bank putting students in control of their money. We make it easy to budget, save and split costs, so you’ll feel confident spending and growing your money.
UK residents. Ts&Cs apply.
Stay on top of your student budget
Organise your money into Pots for food shopping, nights out and more. That way, you’re always in control of how much you spend. You can even hide or lock Pots if you’re tempted to dip into them early.
Reach your saving goals faster
Saving for a new phone, laptop or holiday? Get there sooner by earning (variable) interest on your money with an Instant Access Savings Pot. Your interest is paid monthly and you can take out your money any time. No minimum deposit.
Split costs with pals in seconds
From taxis to pizza nights, share costs in just a few taps. Get your money back from your friends instantly, even if they’re not on Monzo. No awkward conversation needed.
Open an account today
Open a full UK bank account from your phone, for free.
Banking made easy
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.
Award-winning app
With features like instant spending notifications, simple ways to send money, Pots for separating it and monthly spending summaries.
Make every penny count
Turn on roundups and every time you buy something, we’ll round up the cost to the nearest pound and save the change in a Pot. People save on average an extra £100 a year!
Pay abroad with no fees
Planning a holiday when term is over? Pay anywhere, in any currency, fee-free with your card. You could save up to 2.99% in transaction fees vs high street banks.
Get your student loan early
If you get your student loan paid into your Monzo account, and it's paid via Bacs, you could get your money one day early.