Monzo Flex
A better way to pay later
Buy now pay later in 3 interest-free instalments on pretty much anything, anywhere, anytime.
If eligible, it’s interest-free over 3 instalments or there’s 6 and 12 instalments at 19% APR representative (variable).
Get startedA totally new way to pay
Turn almost any purchase into instalments, like new headphones or your next haircut, and life’s small surprise expenses, like new tyres for your car.
Pay in 3 for free – and more
It’s interest free over 3 instalments, but 0% isn’t the only way to pay. With 6 or 12 instalments at 19% APR representative (variable) you get some wiggle room for bigger buys that might come along.
Choose when you flex
Flex purchases in real-time, whether you’re shopping online or in person. Or turn back the clock and flex things from the last two weeks.
Pay it back how you like
More money than you thought? Pay extra or early with no fees. Unforeseen expenses? Edit your instalments to suit your situation. Plus we don’t charge late fees.
All in the same place
Your Flex balance sits alongside your Monzo account so all your money is in one place.
Flex now or later
In-store and online
Make purchases in person with the virtual Flex card on your phone. Or use the card details to shop online.
There’s no contactless limit on the virtual card. You can flex any amount, as long as you’ve got enough available credit.
Flex later
Turn back the clock and flex an existing Monzo transaction from the last two weeks.
Getting started is easy
- Apply in the app. We’ll give you an instant decision.
- If approved, you’ll get your own credit limit.
- Use it to flex a transaction. We’ll take the first instalment straight away, and then monthly after that until you’ve paid it all off.
The future of credit
Monzo Flex is a fresh take on credit. Know upfront exactly what you’ll pay, with any interest broken down and no hidden costs. And you’ll always have a clear plan to pay back purchases.
Eligible purchases are also backed up by purchase protection, just like when you pay with a credit card.
Get the most out of Flex
Any questions? Find out more about how Flex works.
Representative example: Credit amount ÂŁ249. Pay in 12 instalments, 11 of ÂŁ23 and one final instalment of ÂŁ15.83 (total amount payable ÂŁ268.83). Rate of interest/Representative 19% APR (variable).