Get more time to pay for travel with the Flex credit card
Representative example: 29% APR representative (variable), with an assumed credit limit of £1,200 and an annual interest rate of 29% (variable).
Eligibility criteria and Ts&Cs apply. 18+ year olds only. Missed payments can negatively impact credit scores and you may lose the interest-free rate on existing plans.
Frequently asked questions
Are there any fees associated with using Monzo abroad?
You can pay anywhere in any currency using your Monzo card, fee-free. We pass Mastercard’s exchange rate directly onto you, without sneaky fees or extra charges. You can also make fee-free cash withdrawals up to a certain limit (see below).
What is the Monzo cash withdrawal limit when using my card abroad?
Depending on how you use Monzo, you can make fee-free cash withdrawals up to a certain limit. Any fees you may have to pay are partly based on whether you’re in the European Economic Area (EEA) or not. The EEA includes EU countries and also Iceland, Liechtenstein and Norway.
Here is a breakdown of any fees you might need to pay.
|European Economic Area (EEA)||Outside EEA|
|Monzo is not my main bank||£250 fee-free every 30 days (3% afterwards)||£200 fee-free every 30 days (3% afterwards)|
|Monzo is my main bank||Unlimited fee-free||£200 fee-free every 30 days (3% afterwards)|
|Monzo Plus||Unlimited fee-free||£400 fee-free every 30 days (3% afterwards)|
|Monzo Premium||Unlimited fee-free||£600 fee-free every 30 days (3% afterwards)|
The 30-day period for allowances resets exactly 30 days after your first withdrawal, rather than at the start of a new month. Your allowances are shared across any accounts you have. So if you have a joint account, your allowance is split across that account and your personal account. For example, if you take out £150 on the 2nd of the month and £50 on the 5th, your allowance would reset on the 2nd and 5th day of the next month. If you made a third withdrawal before those dates, then we'd charge the withdrawal fee.
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.
What is the European Economic Area?
The European Economic Area (EEA) includes EU countries and also Iceland, Liechtenstein and Norway.
How do I know if Monzo is my main bank?
If you have a free account and meet any of the below criteria, then we consider Monzo to be your main bank:
At least £500 was paid into a Monzo account in your name over the last rolling 35-day period, and you have at least one active Direct Debit on the same account in the same period.
You’ve received a Department for Work and Pensions or a Department for Communities payment into a Monzo account in your name over the last rolling 35-day period.
You’ve received a student loan payment into a Monzo account in your name over the last rolling 8-month period.
You’re sharing a Monzo Joint Account with someone who has done at least one of the above.
Remember that if you use Monzo as your main bank, you can enjoy unlimited fee-free cash withdrawals in the European Economic Area (EEA).
Do I need to let Monzo know when I’m travelling abroad?
You don’t need to tell us when you’re travelling. You can use your Monzo card abroad just like you would in the UK. We won’t block your card if we see you using it in a different country. Instead, we'll tell you the local exchange rate when you make your first payment in the local currency.
What should I do if my Monzo card is lost or stolen while I am travelling?
Will I be covered by the Monzo Premium travel insurance?
The worldwide family travel insurance available in Monzo Premium is provided by Zurich, powered by Qover.
If eligible, the travel insurance helps you enjoy stress-free travel with insurance that includes multi-trip cover applied to you and your family when you are travelling together anywhere in the world, including the US. By “family”, Zurich means spouse or legal partner (a couple in a common law relationship living permanently at the same address) and unmarried, legally and financially dependent children up to 19 years old (or 21 if in full time education) living in the country of residence.
Additionally, this covers cancellation up to £5,000, medical bills up to £10m, lost valuables up to £750, winter sports and more. Exclusions apply, please read the Ts&Cs.
Learn more about our travel insurance or see the full Zurich terms and conditions, including general and coronavirus exclusions. There's a £50 excess for every successful claim.
Monzo Premium is £15 per month • 6 months minimum • Must be aged 18-69 to apply • Ts&Cs apply