Editing Monzo Flex monthly payments

You can edit your monthly payments at any time so all the control is in your hands. Here’s how:

• Tap the Home icon in the menu bar
• Move to Flex
• Tap Manage
• Tap Edit instalment plans

Just choose the purchase you want to edit and change the number of payments.

Things to keep in mind

• If you’re paying 0% interest and you switch to 6 or 12 monthly payments, we’ll charge interest at 29% APR representative (variable). You also won’t be able to switch back to 0% interest as this benefit is linked to the monthly payment you originally chose. There's more on this in our help article about interest rates on Flex

• If you choose 3 or 6 monthly payments, you can switch to 12 monthly payments at any time to reduce your monthly payment to the minimum amount.

• If you only pay the minimum each month, it’ll take you longer, and cost more, to pay off your Flex balance.