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Double Payday

The best day of the month just got even better.

We could double your salary if you get paid into your Monzo account by Bacs. There are 10 lucky customers every month.

Starting from Dec 2025.

Get paid into Monzo

UK residents. 18+. Eligibility based on previous month’s salary. Current Account and Double Payday Ts&Cs apply.

  • Current Account Switch Guarantee
  • Financial Services Compensation Scheme Protected

That payday feeling? Double it.

If you get paid into Monzo, you could now see your salary, times two, sent straight to you.

Payday, the Monzo way

Get your salary paid into Monzo by Bacs (‘Bankers Automated Clearing Service’) to be in with a chance.

10 lucky customers every month

Weekly and monthly payments between £300-£20,000 all count. We’ve capped winning payments at a maximum of £10,000.

Double the fun-ds

It works like this: if your take-home pay is £500, we'll add an extra £500 to your account. It’s yours to spend, save, or invest, and you won’t pay tax on your winnings.

It pays to get paid into Monzo

For your chance to see a Double Payday, you’ll need to move your salary to Monzo. Ask your employer – or whoever you receive a salary from – to use your Monzo personal account details for your next payment.

Or you can use the Current Account Switch Service to fully switch to Monzo and close your old account.

Unlock even more payday perks

Neatly sort your money between spending, bills and savings with Salary Sorter – so there’s no need to worry about accidentally spending the rent.

If you get paid by Bacs, you can even choose to get your money at 4pm one business day early every month.

Bills? We could take care of those too.

As well as Double Payday, we pay back 1,000+ bills for Extra, Perks and Max subscribers every month

Pay any eligible bill and you’re in with a chance of getting it paid back to your balance (up to £150). Billsback terms apply.

Plans start from £3 a month. Ts&Cs apply.

Switching to Monzo is easy

The Current Account Switch Service lets you close your existing current account and move everything over to your new one. It’s free, takes just 7 days, and you don’t need to do a thing.

Open an account

Apply for a free Monzo personal account here. Once you’ve opened an account, tap the '+' sign in the app and find 'Switch to Monzo’.

Choose a date

Just tell us when you want to move and we'll sort the switch in 7 working days.

We'll do the rest

We’ll move your money, payments (like Direct Debits and standing orders) and salary to Monzo. We’ll also close down your old account for you.

With FSCS protection

13 million people trust Monzo with their banking.

We're a member of the Financial Services Compensation Scheme (FSCS), so your eligible deposits are protected up to a value of £120,000 per person.

Instant alerts, biometrics and fraud checks help keep your salary safe. Plus our extra security controls give you another layer of protection when making transfers and withdrawals.

Questions? Answers.

How do I move my salary to Monzo?

Share your Monzo account details with your employer or send them our ready-made email (which you’ll find via Double Payday in the app).

You can also use the Current Account Switch Service to fully switch to Monzo and close your old account.

Is my salary eligible for Double Payday?

You'll need to be paid by Bacs into your Monzo personal or joint account – check with your employer if you’re unsure. Monthly and weekly salaries between £300-£20,000 will count.

If you’re not paid on a monthly basis (you’re paid weekly or otherwise), your winning payment will be based on your one-off salary, rather than your monthly total.

We’ve capped winning payments at a maximum of £10,000. See the Double Payday Ts&Cs for full details.

How will I know if I’ve won?

Every month, tap below your salary transaction to see if it’s a Double Payday. If you’re one of the lucky ones, we’ll pay the money straight into your account.

Will I pay tax on the extra money?

No, you won't pay tax on your winnings – it’s yours to spend, save, or invest.

How do I get paid early?

Once you’ve moved your salary to Monzo, you’ll be able to get your money at 4pm one business day early.

We'll send you a notification the afternoon before payday. As long as you're paid by Bacs, you can tap through and access your money. Enjoy what you’ve earned without the wait!

Open a free bank account

Download the Monzo app on iOS or Android and join more than 13 million personal and business customers who've changed the way they bank.