Switching between Business Plans
You can switch between Monzo Business plans at any time, if you’re an Admin on an account:
head to Home
tap on your profile
select Settings
tap on your business account
select Change account type
Monzo Business Pro is £9 a month and Monzo Business Team starts at £25 a month. Both plans are free for the first month.
You can change your plan when your payments are up to date. You’ll need to drop us a line if you’ve given friends/colleagues access to the account - in some cases we can’t change your plan until we’ve removed them.
When you change your plan, we will work out any percentage of the plan fee you are owed based on the number of days left until your next fee was due, then we refund this to your account.
This means if you move to Lite 20 days after your Pro fee was taken in a 30 day month, we will refund you 10 days worth of the fee amount.
Was this article helpful?
Related articles
- Access levels on Monzo Business
- How do I add or remove team members from my business account?
- Paying in a cheque to your Monzo Business account by post
- Paying in a cheque to your Monzo Business account in the app
- Monzo's address
- Updating your company's registered name, address or industry
- Getting a business bank statement
- Verifying people with significant control for Monzo Business
- Closing your business account
- Why there's a cash deposit limit for Monzo Business accounts
- Making a cash deposit into a Business account
- How do I add a UTR (Unique Taxpayer Reference) to my profile and what is this for?