Security tools that put you in control
Keep your money safe with fraud protection and 24/7 support for urgent matters.
Personal bank account
A free bank account, with no strings attached
Yes, really. There’s no account maintenance fees, and no strings attached. Plus, you can get 4.00% AER, 3.93% NIR if you open a Boosted Instant Access Savings Pot before 31 December 2026, with a deposit limit of €5,000.
:format(avif))
No account maintenance fees. 0% AER, 0% NIR. See a list of the main services associated with a payment account and Fees and Charges. Interest is paid monthly at a rate of 4.00% AER, 3.93% NIR and applies to any amount deposited in the Boosted Instant Access Savings Pot. Deposit limit of €5,000. Maintaining a daily balance of €5,000 for 12 months would generate €196,50 in gross interest.
Ratings and customer figures shown relate to our UK customers. The App Store, Google Play Store and Trustpilot ratings are correct as of 28 October, 2026.
A modern bank account, in your back pocket
No branch queues, no hidden charges, no complicated bank terms. Just innovative features that make managing your money feel like a breath of fresh air.
Free banking that stays free
There’s no hidden charges or account maintenance fees, just total clarity on your money.
:format(avif))
Catch a great rate of 4.00% AER, 3.93% NIR
Give your money a place to grow with a Boosted Instant Access Savings Pot, a savings tool linked to your Monzo current account.
Open yours by 31 December 2026 and enjoy a boosted rate of 4.00% AER, 3.93% NIR for 12 months. Deposit limit €5,000. After 12 months, your Pot will move to our standard rate, currently 2.50% AER, 2.47% NIR.
Total visibility of your money
Know where your money goes by bringing all your bank accounts together in one place.
Organise your spending with custom categories, get a clearer picture of your spending behaviours and use Trends to track how your habits change over time.
:format(avif))
24/7 customer support for anything urgent
Our friendly customer support team is available to chat in the Monzo app or over the phone.
We don't have opening or closing hours, so we're here when you need us most.
:format(avif))
:format(avif))
:format(avif))
:format(avif))
:format(avif))
:format(avif))
Use virtual cards for safer online shopping
Create virtual cards to keep your online payments secure. They come with their own unique details, so you can shop online without sharing your main card number. You can also set an expiry date, so the card automatically deletes when you want it to.
:format(avif))
Travel light without extra fees
Say adiós to hidden fees on overseas spending. We pass Mastercard’s exchange rate directly onto you with nothing on top.
Ditch the fees overseas
Pay anywhere in any currency with no foreign transaction fees. We pass Mastercard's exchange rate directly on to you.
:format(avif))
Make free cash withdrawals abroad
Withdraw cash for free up to 3 times every 30 days, wherever you are in the world. After that, there is a €3 for withdrawals abroad.
:format(avif))
See exchange rates in the app
Understand exactly what you’re spending by seeing real-time exchange rates in the Monzo app.
:format(avif))
Apply for an account in 15 minutes
We asked thousands of Spanish customers what they want from their bank. Then we built it. No account maintenance fees.
:format(avif))
Step 1
Open a free Monzo account
It takes just 15 minutes to apply, and comes with innovative features to help you bring your financial world together in one place.
:format(avif))
Step 2
Fill out a few questions
We'll ask you some questions to help us set up your account, but there's no lengthy paperwork to fill in. In fact, it only takes a few minutes.
Step 3
Add your Hot Coral card to your digital wallet
Once your account's open, you can start using your card straight away with your digital wallet.
FAQs
Can I get my salary paid into Monzo?
Yes, your Monzo account comes with a Spanish IBAN (International Bank Account Number), so you can have your salary paid straight in. Just give your employer your Monzo account details.
Can I set up Direct Debits and standing orders with Monzo?
Yes, you can set up Direct Debits and standing orders to be taken from your balance automatically. This makes it easy to stay on top of bills without thinking about them.
Can I keep my existing bank account and use Monzo too?
Yes, you can use Monzo alongside your existing bank account. You can also connect your other bank accounts to Monzo to see all your balances and spending in one place.
Can I use my Monzo card abroad?
Yes, you can pay anywhere in any currency with your Monzo card, with no foreign transaction fees. We pass Mastercard's exchange rate directly on to you.
You can make 3 fee-free cash withdrawals just like you can at home. After this, it’s €3 per withdrawal.
Your allowance is based on the number of withdrawals, not the amount you withdraw. It works on a rolling 30-day period, so each withdrawal stops counting 30 days after it was made and your fee-free withdrawals become available again one at a time.
If you don't have enough money to cover the withdrawal and any fees, the withdrawal may be declined.
Just be aware that some ATMs will charge you a fee for taking out cash (which we don’t receive), so we recommend using a free machine whenever you can.
How does Monzo keep my money safe?
Your money is protected up to €100,000 per customer. Monzo Bank Europe DAC, Sucursal en España is registered with Banco de España and is a member of the Irish Deposit Guarantee Scheme.
We also have security features built into the app:
- Instant notifications — know the second you spend, or if someone else tries to
- Card freeze — freeze your card with one tap if you can't find it, then unfreeze it if it turns up
- Biometric login — use your face or fingerprint to unlock the app and approve payments
- Extra checks for large payments — add up to three layers of protection, using known locations, a secret QR code, or trusted contacts to confirm it's really you
- Virtual cards — create disposable card details for safer online shopping
- 24/7 support for urgent matters