Monzo Flex explained

With the Monzo Flex Card it’s 0% interest when paying in full on your next payment date or in 3 monthly payments. If you want more time, it’s 29% representative APR (variable) for 6 or 12 monthly payments.

There's more on this in our help article about interest rates on Flex.

You can also flex your current account spend. Just tap a transaction from the last 2 weeks in your current account to pay over time. We’ll put the money back into your account.

When you choose a monthly payment, we’ll show you how much each payment will be and when it’ll be taken from your current account. If you choose a monthly payment with interest, we’ll also show you how much interest you’ll pay in pounds and pence.

If you want more time, you can edit your monthly payment to pay back over a longer period.

If you’re eligible, we’ll give you a pre-approved credit limit up to £3,000.

More money than you thought? You can pay off a little extra or early and save yourself some interest. We don't charge fees for this.

Find out more about applying for Flex and your credit score.