Monzo Current Accounts

We’re making money work for everyone, so we have different accounts for different needs. Choose from our original Monzo account, Monzo Plus or Monzo Premium.

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

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 interest on your savings by choosing an easy access or fixed term Pot. Your money with the savings provider is protected by the FSCS for amounts up to £85,000. Minimum £10 deposit to open.

Banking that makes a statement

Turn heads with our white metal card. Enjoy peace of mind with extensive phone and worldwide travel insurance, interest on your balance and much more.

Puts money in your hands

Full financial visibility, with your other bank accounts and credit cards all in one place. Get interest on your money, personalised budgeting and much more.

Monzo Plus accountMonzo Plus account

The award-winning app with the hot coral debit card

Our free account lets you spend, save and manage your money, all in one place. Get instant notifications whenever you spend, set aside your saving and bills money into Pots and pay friends in a few taps.

Clearly see what goes in and out of your account, and exactly how much money you have at any time.Clearly see what goes in and out of your account, and exactly how much money you have at any time.

Monzo

Free

  • 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

Monzo Premium

£15 per month

  • All free Monzo features

  • All Monzo plus features

  • Metal card

    Exclusive to Monzo Premium

  • Phone insurance

    Covers loss, damage, theft, and cracks

  • Worldwide travel insurance

    Cover for you and your family

  • Interest on balance and regular Pots

    1.50%/1.49% AER/Gross on up to £2,000

  • Discounted airport lounge access

    You and guests can travel in style

  • Fee-free withdrawals abroad

    Up to £600 every 30 days

  • 5 free cash deposits a month

    At PayPoints across the UK

6 month minimum

Not sure what to pick?

Compare each account to find the right one for you

Independent service quality survey results

Personal current accounts

Published August 2020

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1000 customers of each of the 19 largest personal current account providers if they would recommend their provider to friends and family. The results represent the view of customers who took part in the survey.

An Ipsos Mori survey ranked Monzo as the number 1 bank for overall service qualityAn Ipsos Mori survey ranked Monzo as the number 1 bank for overall service quality

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.

The Monzo current account has an average rating of 4.5 out of 5 from 10459 reviews on Trustpilot.

Sign up for a Monzo account in minutes

And join the millions of people who’ve already changed the way they bank.