Bright banking

The bank account that works hard for you and your money. Join the millions of people already banking with Monzo.

Direct Debit
Current Account Switching Service
Financial Services Compensation Scheme

Everything you'd expect from your bank, on your phone

An award-winning UK current account in an easy to use app. Complete with a Hot Coral debit card, help when you need it and FSCS protection for eligible deposits up to £85,000 per person.

Independent service quality survey results

Personal current accounts

Published August 2021

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1000 customers of each of the 17 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.

1. Monzo: 83%
2= First Direct: 81%
2= Starling Bank: 81%
4. Metro Bank: 74%
5. Nationwide: 68%1. Monzo: 83%
2= First Direct: 81%
2= Starling Bank: 81%
4. Metro Bank: 74%
5. Nationwide: 68%

A clear view

See a true reflection of your money at all times, and we’ll tell you about important things as they happen with handy notifications.

Instant notifications

What you just bought, where you bought it and for how much, before the receipts even printed. We’ll ping you about other important activity too, so you’re always in the know.

Spending categories

We automatically sort your payments into categories so you can see what you’re spending on each month.

Keep track of your regular payments

We’ll let you know if a Direct Debit or standing order’s going to be more or less expensive than last time, the day before the money’s due to come out.

Money, managed

Finally, you’re in control – free to manage your income, spending and savings however it suits you.

Pots for setting money aside

Places to grow your savings or keep money separate from what you’re happy to spend.

Automatically sort your income

Once you’re paid, automatically move your money to different Pots – letting you set aside savings, bills money, money for a rainy day or whatever you like. All without the manual work.

Clever ways to manage your bills

Keep what you need for bills in a Pot. When the bill’s due, we’ll pay it from your Pot automatically.

Make life easier

Move money around without the hassle (or a calculator), all in an award-winning app.

Pay anyone seamlessly

Forget sort codes and account numbers. Pay someone in a few taps, or share a link if they’re not on Monzo for hassle-free payments.

Split the bill

Having dinner with friends? Pay for everyone and then split the bill after. We divide up who owes what so you don’t have to do the maths.

Share the tab

Going on holiday or just looking for a way to track who owes what in a shared house? Add payments to your shared tab so you can settle up as you go, or at some point in the future.

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

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.