If you have any questions get in touch with us through the Monzo app.

Our Monzo current account terms & conditions also apply to Monzo Premium. If these Monzo Premium terms & conditions are inconsistent with our current account terms & conditions on the same issue, then these Monzo Premium terms & conditions will apply. If you cancel Monzo Premium our Monzo current account terms & conditions will continue to apply.

Save a copy of these terms & conditions at any time by tapping the ‘download’ button in the app. You can find information about Monzo Premium any time in the app.

You should read these terms along with our fee information and Privacy Notice, which explains how we use your personal information when you use our services. Some of our services have their own privacy notices. If they do (Credit Tracker and Other accounts in Monzo), we let you know when you start using the service.

You need to be 18 or over and under the age of 70, have a Monzo current account and be a UK resident to get Monzo Premium. You must keep your Monzo current account open.

Only you – the account holder with Monzo Premium – will be able to use the Monzo Premium features. The person you share your joint account with won't be able to use these features.

If you have both a Monzo Premium and Monzo joint account, you can use your £600 fee-free cash withdrawals abroad every 30 days and your 5 free cash deposits allowance across both.

You can't get any of the Monzo Premium features as standalone products through Monzo, unless it's part of a promotion. Equally, you can't get Monzo Premium without its features.

Some features will only work on more recent operating systems. To get the full benefit of Monzo Premium you'll need to keep your phone up to date.

Initially, this is a 6-month minimum term which means you'll pay the monthly payment for a minimum of 6 months. At the end of the 6 months, Monzo Premium continues as an ongoing contract which you can cancel at any time without charge.

In future we might give you the option of paying in different ways. If we do this we'll let you know through our usual channels.

If your payment is due on or after the 29th of the month, but the month we're in doesn't include that date, we'll take payment from you on the last day of that month. So if you pay for Monzo Premium on the 31st of each month, in April your payment will be due on 30 April.

Each month, we'll automatically take the fee from the main available balance in your current account. We won't take the fee from money you have in Pots unless you choose to pay from a Pot.

You must have enough money in your main available balance (or your chosen Pot) to make your monthly payment. If you don't, and you have available credit through an arranged overdraft with us, then we'll take the payment and you'll go into your arranged overdraft. We'll charge you interest at the current rate in your overdraft agreement while you use it.

If you don't have an arranged overdraft or available credit through an arranged overdraft, we'll try taking the payment each day for 7 days. If you still don't have enough money in your current account after 7 days, the payment will take you into an unarranged overdraft. If you pay more than one monthly fee from your unarranged overdraft, we may cancel your Monzo Premium immediately. We'll keep your Monzo current account open but you'll lose access to the benefits of Monzo Premium.

After the 6 month minimum term, if you don't have available credit through an arranged overdraft, we'll try taking the payment again each day for 7 days. If you still don't have enough money in your main available balance after 7 days, we'll cancel Monzo Premium.

If you change your mind, you can cancel Monzo Premium within 14 days of signing up. If you'd like to cancel, you can do this in the app. We'll give you a full refund but we'll charge you a £50 fee if you've ordered a metal card. That's how much it costs us to get your Monzo Premium card made.

If you'd like to cancel Monzo Premium after 14 days of signing up, you can do it in the app but you may have to pay a cancellation fee. Please see the table below for details.

Your cancellation is immediate. We'll keep your Monzo current account open but you'll lose access to the benefits of Monzo Premium at the same time you choose to cancel. We'll ask you to order a hot coral card as a replacement, and the only way to get a replacement Monzo Premium card is to sign up for Monzo Premium again.

We'll never charge you for replacements where your card expires, is faulty, or has been swallowed by an ATM or if we've cancelled your card because we are concerned about fraud.

If you lose your Monzo metal card or it gets stolen, then we'll charge you £50 to replace it. That's how much it costs us to get your Monzo Premium card made. If you need us to post your replacement card to somewhere outside the UK, we'll charge you the international card delivery fee in all circumstances.

We can make changes to our monthly fee, or the terms of this agreement from time to time and in line with our current account terms & conditions.

If we change a third party which provides a Monzo Premium feature or service, or they change their terms, we'll let you know before the change happens. The notice we give you will be in line with our legal and regulatory requirements.

If we tell you we're making a change that you don't agree with, you can contact us and cancel Monzo Premium. We might charge you a cancellation fee if you've ordered a Monzo Premium card and are in your 6-month minimum term. If we don't hear from you before the changes come into effect, we'll assume you're happy and accept the changes we've made.

You'll get the chance to order an exclusive Monzo metal card when you sign up.

We've teamed up with TransUnion to show you your TransUnion credit score in the Monzo app.

You should read our Credit Tracker terms & conditions and our privacy notice.

With Monzo Premium, you can see your other bank accounts in the Monzo app.

You should read other accounts in Monzo terms & conditions and privacy notice.

We give you access to advanced budgeting tools as part of Monzo Premium. We may change what they are and how they work from time to time.

With Monzo Premium you can take out up to £600 without any fees in a rolling 30-day period outside the European Economic Area (EEA). After that, we'll charge you 3% of the total amount you withdraw.

There are no fees on cash withdrawals inside the EEA.

You may get a higher interest rate on money in your Personal Instant Access Savings Pot, Joint Instant Access Savings Pot (if you both subscribe to a plan that offers a higher interest rate) and Instant Access cash ISA if you have one. See the terms for Instant Access Savings Pots and Instant Access cash ISA for more details.

If you cancel Monzo Premium, you'll stop getting a higher interest rate on Personal Instant Access Savings Pots, Joint Instant Access Savings Pots and Instant Access cash ISA from the day your subscription ends. From then, you'll get our standard interest rate instead.

You can make 5 free cash deposits each calendar month with our participating partners.

We'll charge you £1 for any extra deposits you make in a month. We'll take the £1 fee from the money you're paying in. So if you pay in £300, we'll put £299 in your Monzo current account.

We've teamed up with various brands to give you offers through Monzo Premium.

You can find available offers in the app. These offers are subject to availability and we, or the supplier, can change or withdraw them without notice.

International transfers are provided by Wise. If you want to make an international transfer you'll need to agree to Wise's Terms of Use and Privacy Policy.

With Monzo Premium, you can earn cashback on up to £25,000 of international transfers per year. You'll find the current cashback rate in the Monzo Premium home. We may change the cashback rate or allowance from time to time.

When you make a transfer, we'll estimate the cashback you'll earn. We'll then pay the cashback into your account when Wise send your money to the payee. The cashback estimate and the amount you actually get might be different if you choose the amount you want the payee to receive in a foreign currency, rather than the amount you want to send in GBP.

You might have to pay income tax on the cashback you earn. Contact HMRC if you're unsure about what you owe. You won't receive cashback on transfers that don't reach the payee, for example if the transfer gets cancelled.

Sometimes we may recover cashback from you. This might happen if:

You can have up to 5 live virtual cards at any time, and can create up to 9 every 30 days, with a maximum of 100 per year.

Virtual cards are cards that live only in your Monzo app. You won't get physical cards for any of the virtual ones you create. You can create, delete and see your virtual card details in the app.

You can link virtual cards to Pots in your Monzo app. Pots are a way to separate your money and they sit in your Monzo account (we explain Pots in your current account terms & conditions). If a Pot you've linked a virtual card to doesn't have enough money in, payments you try to make won't go through.

For payments from virtual cards not linked to a Pot we'll take the money you spend with your virtual card from your current account balance.

We spread your total spending limit across your physical cards and any virtual cards you use.

As with any physical cards, you have to keep your virtual cards and their details safe at all times. If you think someone else has got access to your virtual card details or you notice payments made from a virtual card that you didn't make, delete the affected virtual card and tell us as soon as possible.

Our Monzo current account terms & conditions tell you when you're entitled to a refund if something goes wrong.

You and guests can make use of over 1,100 airport lounges around the world for a discounted price. You'll find the latest airport lounge price in the Monzo app. Find all the lounges you can visit, the services on offer and LoungeKey's terms & conditions here.

There isn't usually a limit to the number of guests you can have, but each lounge has a right to turn guests away based on their policy or how busy a lounge is.

Your worldwide travel insurance is provided by Zurich, powered by Qover.

You can find the details of your Zurich cover in Zurich's Terms & Conditions. You can find the summary table of the policy's benefits on page 13.

Your mobile phone insurance is provided by Assurant General Insurance.

You can find the details of your cover in the Assurant General Insurance Terms & Conditions.

Monzo Premium gives you access to insurance products from intermediaries (which means we're the ‘middleperson’). You won't get advice or recommendations from us about the insurance products available through Monzo Premium. It's important to check that the cover meets your needs, and the needs of anyone else insured by the policy.

When you become ineligible for an insurance policy we have made available you can cancel Monzo Premium. We may also contact you when you are no longer eligible for an insurance policy we have made available, and will check that you want to keep using Monzo Premium. If you don't, we may cancel Monzo Premium.

We take your monthly insurance payment and hold it in our account until the provider collects it. We hold it as your bank and not as trustee; it's not held in accordance with CASS rules and regulations.

Monzo Bank Limited, authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Financial Services Register No. 730427). Registered in England. Registered No. 9446231. Registered Office: Broadwalk House, 5, Appold Street, London EC2A 2AG