Make money feel different
Change the way your money feels. Open a free Monzo account for easy ways to pay, spend and save. Join over 9 million customers banking on Monzo.
UK residents only. Ts&Cs apply.
A Monzo account means...
Modern banking, in your pocket. No branch queues, no hidden charges, no complex language. Just award-winning products and innovative features that make managing your money feel like a breath of fresh air.
A fully licensed UK bank
That means we're regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Protection for your money
The Financial Services Compensation Scheme (FSCS) protects all your eligible deposts in Monzo up to a value of £85,000 per person.
Simple ways to pay and get paid
Send and receive money in just a few taps. There's no need to share your bank details (or have those awkward 'pay-me-back' conversations).
24/7 customer support
Our in app chat is managed by friendly humans ready to answer your questions, any time, any place.
Loans and overdrafts
We offer loans up to £25,000 and overdrafts up to £2,000. You can check if you're eligible without affecting your credit score.
Interest on your savings
Earn 4.10% AER (variable) paid monthly with an Instant Access Savings Pot. There’s no minimum deposit, and you can access your money anytime.
Spending insights you'll actually use
We give you the tools to feel confident and in control, taking the stress out of spending.
Instant notifications tell you how much you've spent and where you've spent it, before the receipt's even printed. So you're in the know, wherever you go.
Spending categories sort your payments into groups, giving you a crystal clear overview of what you're spending money on each month.
Direct Debits no longer feel lost – we’ll let you know if they’re going to change before they’re due, so there’s no nasty surprises.
Bigger picture banking
Whether it’s zooming into your day-to-day spend, or setting longer-term savings goals for summer plans, Monzo makes it easy to stay on track.
Automate the admin
Use our Salary Sorter to instantly move some of your earnings into Bills Pots, Savings Pots, or even ‘new house plants’ Pots.
See your money in a whole new light
Get to know your spending habits with weekly and monthly insights. And get alerts if you’re spending too fast (if you want them).
Put money aside with Pots
Use Pots to separate your money however you like – whether you're budgeting for bills or setting aside spending money for a holiday.
Group spending that just makes sense
Replace awkward ‘pay-me-back’ texts with secure payment requests, and send reminders if you need to. Set up Shared Tabs for group spending, so you’re always on top of who owes what.
Your Monzo account, on holiday
No more fees
Open a Monzo account and pay anywhere, in any currency, free-free – on your debit or credit card.
Free ATM withdrawals
If Monzo's your main bank account, make unlimited fee-free withdrawals in the European Economic Area (EEA), and up to £200 every 30 days anywhere else. After that, we'll charge 3%.
We do the maths (on exchange rates)
Understand exactly what you're spending by seeing real-time exchange rates when you spend abroad.
24/7 customer support
Our friendly customer support team is always available to chat in the Monzo app. We don't have opening or closing hours, so we're here wherever you need us.
How to open a Monzo account
Step 1
We're a bank that lives on your phone, so you'll need to download the Monzo app to get started.
Step 2
We'll ask you some questions to help us set up your account, but there's no lengthy paperwork to fill in. In fact, it only takes 10 minutes.
Step 3
Once your account's open, you can start using your card straight away with your digital wallet.
Keeping you and your money safe
We have specialist teams and technology dedicated to keeping your money safe, with features like advanced phone fraud prevention – so if you get a call saying it's Monzo, you can check if it's really us in real time.
And your eligible deposits are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.
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.
Apply in 10 minutes
Join the 9 million customers banking with Monzo today.
