Fees and charges abroad
💳 We don't charge any fees for paying by card abroad
Paying with your Monzo card (as opposed to taking out cash) is the best way to use your card abroad, so we recommend it if you can. If you choose to be billed in the local currency, we use Mastercard’s exchange rate with no additional fees or charges. Some card machines will ask if you want to be billed in pounds – always choose the local currency instead.
We don't mark up the exchange rate
Some banks will add a hidden fee into the exchange rate they offer you, but we use Mastercard's rate with 0% fee.
🏧 ATM withdrawals in the European Economic Area
We don’t charge fees for taking out cash in the EEA. Some ATMs may still charge you a fee, but the ATM should always let you know what this is before they do – this fee will never come from us.
EEA countries in which ATM withdrawals are free:
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland/The Åland Islands, France, French Guiana, Germany, Gibraltar, Greece, Guadeloupe, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Martinique, Mayotte, Netherlands, Norway, Poland, Portugal, Réunion, Romania, Saint-Martin (French side), Slovakia, Slovenia, Spain, Sweden, United Kingdom
🏧 ATM withdrawals outside the European Economic Area
In some situations, we’ll charge you for withdrawing cash abroad. Everyone can take out up to £200 abroad on a rolling 30 day basis without any charges. After that, we add a 3% charge to anything you withdraw.
Your limits are shared across any account you have, so if you have a joint account your allowance is across both of them.
You can check how much of your withdrawal limits you have left by tapping the 'Manage' button under your card.
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