Flex Build. The credit-builder card that keeps getting better.
- Can help build your credit score over time
See if you're eligible with no impact on your credit score
Start with a credit limit up to £350 and get up to 2 limit increases in the first year
Representative 39% APR (variable)
You’ll need a Monzo current account to apply for Flex Build. Eligibility criteria and Ts&Cs apply. UK residents & 18+ years olds only. Missed payments may negatively impact credit scores.
To open Flex Build, you may need to put down a one-time security deposit depending on your credit history.
Representative example: 39% APR representative (variable). £350 credit limit. 39% yearly interest (variable).
Can help build your credit score over time
Using Flex responsibly by paying on time and staying within your limit could help to build your credit score over time, as we report your balance and repayments to credit reference agencies.
You can also use the free credit insights tool in the Monzo app to keep tabs on your TransUnion score and see the key factors impacting it.
A credit-builder card that gets better over time
If you keep making on-time monthly payments we could offer you up to 2 limit increases in the first year.
Just make sure you keep up to date with your bills and other repayments.
See if you’re eligible without affecting your credit score
It only takes 5 minutes to apply and we’ll give you an instant decision. If you’re approved you can start using Flex straight away.
We’ll use a soft search to check whether you’re eligible, which won’t impact your credit score.
It's a credit card with Monzo magic
Flex Build and Flex Purchase are packed with features to give you clarity on your spending.
No fees when you travel
Pay abroad with no fees. We pass Mastercard’s exchange rate directly onto you, without sneaky fees or extra charges.
0% interest when paying in full
We won’t charge you any interest when you pay for your purchase in full on your next monthly payment. For everything else it’s 39% APR representative (variable).
Protect your purchases
If you buy something between £100 and £30,000, and it’s faulty or doesn’t turn up, you may be able to get your money back with Section 75 protection.
Totally transparent
There are no sneaky fees or confusing terms. Everything’s broken down in plain English with no hidden costs.
The flexibility you need
You can edit your monthly payments at any time, without fees. So all the control is in your hands.
The best of Monzo
Get instant notifications, real-time balance updates and freeze and defrost your card, all from the app.
Join Monzo to get started
You need our current account to get Flex - it only takes 10 minutes to apply.
If you already have a current account you can apply for Flex in the Monzo app.
Download Monzo
Get the free Monzo app for iPhone or Android.
Sign up for a current account
Follow the simple steps in-app, and have your photo ID ready.
See if you're eligible
Monzo customers can see if they’re eligible for a Flex Credit Card in minutes.
Common Questions
Can I check if I’m eligible without impacting my credit score?
You’ll need a Monzo current account to apply for Flex. If you have one, you can apply in the Monzo app.
When you apply for the Monzo Flex Credit Card we’ll run a “soft” credit check – this means we can check your eligibility and give you a personalised offer without impacting your credit file.
If you decide to get Monzo Flex, we’ll let credit reference agencies know by running a “hard” search. This is something that most lenders have to do when you take out a new type of borrowing or credit. Generally, a hard search will have a small negative impact on your credit file but usually only for a few months.
Will using Flex Build help build my credit score?
We report how you use Flex Build to credit reference agencies. We tell them things like what your credit limit is, what your outstanding balance is and whether you’ve made your monthly payment on time. Staying within your credit limit and making your monthly payments on time will show other lenders that you can manage credit responsibly.
Your credit record has lots of factors that make up your credit score. How Flex impacts your credit score will depend on your other factors, including whether you’ve used credit before.
What is a security deposit?
We ask some customers for a one-time deposit based on their credit history, for example if you’re building your credit score from scratch, have recently moved to the UK or are looking to repair your score.
The deposit acts as a “security”, which means we’ll set it aside and you’ll only be able to access it in a few situations like to catch up with a missed payment or when you close your account.
If you use Flex responsibly, you’ll get an opportunity to get your deposit back in as little as 6 months. We’ll let you know more about that in the app.