Open a Monzo bank account for free

An award-winning UK bank account which you can sign up for in minutes, for free.

Your money, in real-time

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

We'll also let you know if upcoming Direct Debits are going to be more or less expensive, to avoid nasty surprises.

A look at the Monzo current account page with different payments and balancesA look at the Monzo current account page with different payments and balances

Separate, but in one place

Put your money into Pots to avoid spending it, save for something in particular or just tuck it away for the future.

You can even pay your bills directly from a Pot so you know your rent, energy bills or whatever else are taken care of.

Screen showing Bills Pots with bills to be paid.Screen showing Bills Pots with bills to be paid.

With all the banking essentials

Including a Mastercard debit card (in our signature hot coral), the ability to pay and get paid fast, free spending abroad, use with Apple Pay and Google Pay, and much more.

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

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

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

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.

Sign up for a Monzo account in minutes

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