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 £5 a month, with your first month free. After, we’ll charge you on the same day of the month that your plan started.
Monzo Business Team is £25 a month, with the first 3 months free if you apply before 1 January 2025.
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.
