Monzo Investment Fees

Monzo Investment Fee

We charge an annual fee as a percentage of the investments and cash held in your accounts.

How our fees work

Calculated daily, collected monthly: We work out your fee each day based on your daily balance, add it up for the month, and round it down to the nearest penny.
Paid from each account: Fees are taken automatically once a month directly from the account that generated them (Investment fees from your Investment account, Pension fees from your Pension account).
Combined fee cap: Once your accounts reach your annual fee cap together, we stop taking Monzo Investment and Pension fees for the rest of the year.

Investments fees

Monzo Investment and Pension Fee: 0.25% a year (capped at £250 combined across your accounts).
Monzo Plans (Plus, Premium, Perks, or Max): If you subscribe to a plan that offers a lower fee, your investment fee is 0.20% a year (capped at £200 combined across your accounts).

Aura

If you have Aura: You won’t pay Monzo Investment fees on your ISA and GIA. Your Monzo Pension fee remains at 0.25% (or 0.20% if you subscribe to a plan that offers a lower fee on your pension account in the terms), and your fee cap (£250 or £200) applies only to your Pension balance.

BlackRock Management Fee

The fees you pay to BlackRock vary depending on what investments you choose. They’re reflected in the value of your investments, so you won't see these come out of your account.

There are no charges for withdrawals, so you can withdraw money for free whenever you want.

You can read more about the fees for Investments in the fees document or to see a full breakdown, tap on the investment and scroll down for more.

Monzo Investment Fees

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