Monzo Current Accounts

Get Monzo, our full UK current account with no monthly fees. Open your account for free from your mobile phone in minutes.

Or try Monzo Plus, our account that gives you more visibility and control over your money plus much more for £5 a month.

We're fully authorised and regulated by the FCA, and your money with us is protected up to £85,000 by the FSCS.

Packed with the best of Monzo

A UK current account

We're a fully licensed UK bank, which means we're regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Protection for your money

Your eligible deposits in Monzo are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.

A new way to bank

With features like instant spending notifications, simple ways to send money, Pots for separating it and monthly spending summaries.

Friendly support

Got a problem? We're here to help. Just message us in the app.

Loans and overdrafts

We offer loans up to £3,000 and overdrafts up to £500. You can check if you're eligible without affecting your credit score.

Interest on your savings

Earn up to 0.74% AER/Gross (fixed) interest on your savings with a 12-month Fixed Pot and a £500 minimum deposit to open. Your money with the savings provider is protected by the FSCS for amounts up to £85,000.



  • A UK current account

    With savings, borrowing and overdrafts

  • Your money is protected by the FSCS

    Your eligible deposits are protected by the FSCS up to a value of £85,000 per person

  • Fee-free UK bank transfers

    Send money to any UK bank for free

  • Pots for separating money

    Put money aside from your balance

  • Award-winning support

    Through the app, if you need it

  • Instant notifications

    See when, where and how you spend

  • Apple Pay and Google Pay

    Spend using your phone

  • Spending categories

    Get a clear view of your spending

No minimum term

Monzo Plus

£5 per month

  • All free Monzo features

  • Other accounts, in Monzo

    See your other accounts in Monzo

  • 1.00% AER/Gross (variable) interest up to £2,000

    On your balance and regular Pots

  • Holographic card

    Exclusive to Monzo Plus

  • Custom categories

    Plus, divide payments into multiple categories.

  • Virtual cards

    Avoid using your physical card online

  • Advanced roundups

    Make your spare change go further

  • Credit Tracker

    See how your credit score changes

  • Offers

    15% off Patch and many more

  • Fee-free withdrawals abroad

    Up to £400 free every 30 days

  • Auto-export transaction

    Live updates to Google Sheets

  • 1 free cash deposit a month

    At PayPoints across the UK

3 month minimum

Not sure what to pick?

Compare each account to find the right one for you

A flexible overdraft, if you want it

If you’re eligible, you can switch on an overdraft in the app any time. Don’t want an arranged overdraft? No problem, you don’t have to have one.

Easy payments and transfers

Set up Direct Debits and standing orders in-app, and send money to any other UK bank account instantly.

Pay with Apple and Google Pay

Make payments on the go with Apple Pay or Google Pay.

An award-winning app, plus Mastercard debit card

Manage your spending, savings and bills through the Monzo app. Spend and withdraw money anywhere around the world that accepts Mastercard with a (very beautiful) hot coral debit card.

Human help, when you really need it

We don’t have any physical branches, but we've got answers to most of your questions and problems in the app – so you don’t have to wait for help.

You can also speak to real friendly humans over live chat through the Monzo app. We're here 24/7 for emergencies, and from 8am to 7pm for anything else.

Pay money into your Monzo Current Account by cash and cheque

Pay in a cheque using freepost or tracked postage.
Step by step guide here

Pay cash into your Monzo account at one of 28,000 PayPoint locations across the UK.
Monzo & Paypoint

Easy current account switching

With the Current Account Switch Service, you can move everything over to Monzo in 7 days without lifting a finger. We do everything for you, and you don’t need to deal with your old bank at all.

Open a Monzo account in minutes

And join the 4 million people who’ve already changed the way they bank.