Choose another country or region to see content specific to your location.


Fee Information

Version 1.2 - 23rd Jan 2020

This document informs you about the fees for using the main services linked to the payment account. It will help you to compare these fees with those of other accounts.

Fees may also apply for using services linked to the account that are not listed here. Full information is available in the Terms and Conditions.

A glossary of the terms used in this document is available free of charge.

General account services
Maintaining the account: £0
Refusing a payment due to lack of funds: £0
Allowing a payment despite lack of funds: £0
Payments (excluding cards)
Direct Debit: £0
Standing Order: £0
Sending money within the UK: £0
Sending money outside the UK: Provided via TransferWise see additional services below
Receiving money from outside the UK: Not applicable
Cards and cash
Issuing a debit card: Free
Cash withdrawal in pounds in the UK: £0
Cash withdrawal in foreign currency in the European Economic Area (EEA): £0
Cash withdrawal in foreign currency outside of the European Economic Area (EEA): First £200 in a 30 day period free, 3% after that
Debit card payment in pounds: £0
Debit card payment in foreign currency: £0
Overdrafts and related services
Arranged overdraft: Your interest rate is set out in your Overdraft Agreement
Unarranged overdraft: 33.4% per year (variable) which is equivalent to a rate of 39% EAR (variable)
Other services
Cancelling a cheque: Not applicable
Package of services
Not applicable
Services beyond these quantities will be charged separately
Information on additional services
Information on fees for services exceeding the quantity of services covered by the package of services (excluding fees listed above)
International money transfer - Transferwise: See for details
Ordering a replacement card abroad: £30 per replacement

We’ll charge a fee for replacing cards which have been lost, stolen or misused. This fee covers both the cost of replacing and delivering the card. This doesn’t apply to circumstances where Monzo is responsible. We’ll take the fee from your Monzo account as soon as you order the card.
To view this in the regulator's standardised format please go here.