Are there any fees when using Monzo abroad?
You can pay anywhere in any currency using your Monzo card, fee-free. We pass Mastercard’s exchange rate directly on to you, and you can also make free cash withdrawals up to a certain limit (see below).
What is the European Economic Area?
The European Economic Area (EEA) includes EU countries and also Iceland, Liechtenstein and Norway.
Do I need to let Monzo know when I’m travelling abroad?
You don't need to let us know when you are travelling! But, if your Monzo card is lost or stolen while travelling, immediately freeze your card and contact our customer support team for assistance (you can do both through the Monzo app).
What is the Monzo cash withdrawal limit when using my card abroad?
You can make fee-free cash withdrawals up to €300 just like you can at home if you’re you’re in the European Economic Area (EEA). If you’re outside the EEA, you will likely need to pay fees on cash withdrawals. The EEA includes EU countries and also Iceland, Liechtenstein and Norway.
The 30-day period for allowances resets exactly 30 days after your first withdrawal, rather than at the start of a new month. Your allowances are shared across any accounts you have. So if you have a joint account, your allowance is split across that account and your personal account. For example, if you take out €150 on the 2nd of the month and €50 on the 5th, your allowance would reset on the 2nd and 5th day of the next month. If you made a third withdrawal before those dates, then we'd charge the withdrawal fee.
Just be aware that some ATMs will charge you a fee for taking out cash (which we don’t receive), so we recommend using a free machine whenever you can.
What should I do if my Monzo card is lost or stolen while I’m travelling?
If your Monzo card is lost or stolen while you’re travelling, immediately freeze your card and contact our customer support team for assistance (you can do both through the Monzo app).
