Monzo Investment Fees

You’ll pay two fees to invest with us.

The charges you pay depend on how much is in your Investment account.

Monzo Platform Fee

We charge an annual fee of 0.45% (or 0.35% if you have Monzo Plus, Premium, Perks or Max) for investing through us. We apply this percentage to the value of investments and cash in your Investment Account. We work out your fee each day, add it up for the month, and round it down to the nearest penny. Fees build up daily and are collected once a month automatically from your Investment account.

The most you’ll pay in platform fees is £270 a year (or £210 with Monzo Perks or Max). Anything you invest above £60,000 across your Investments and Pension is free from platform fees. When you hit the fee cap, your total fee is split proportionally based on how much you have in each account.

We take our fee directly from your Investment account.

Fund Management Fee

The fees you pay to BlackRock vary depending on the funds you invest in. 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 fund and scroll down for more.