Get £5 when you join Monzo

Hello, we're Monzo!

LUU is always looking to help students manage their finances and as a bank that lives on your smartphone, Monzo does just that. Open an account in just a few minutes.

And to say thanks, we’re giving £5 to the first 1,000 people who open an account through this page. You'll receive it when you make your first purchase.

Too late! 😞

Sorry, we're not offering this sign-up bonus any more. We'd still love you to open a new Monzo account, but you won't get a free £5 for it.

Thanks! Now you just need to open an account

Download the Monzo app, register with the same email address you just gave us, and you'll get your £5 as soon as you first pay for something with your card.

Opening an account should only take a few minutes!

Manage your money

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Set spending targets

Set monthly targets for spending on things like groceries and going out.

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See an easy summary

See an overview of your account any time, sorted by what you spend on, with notifications if you’re spending too fast.

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Get instant notifications

Get a notification the moment you use your card, before the receipt finishes printing.

Image of the Monzo Summary tab on iOS and Android

Keep your money safe

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Stay in control

If you lose your card, freeze it in the app and get a new one the next day. (Or defrost it if you find it again.)

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Rest easy

We’re part of the FSCS, so your money is protected up to £85,000.

Image of the Monzo Card Management on iOS and Android

Spend with friends

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Pay people in seconds

Send bank transfers that arrive instantly, and pay nearby friends over Bluetooth without needing to know their details.

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Split the bill

Split the cost of something easily through the app, even if the other people don’t have Monzo accounts.

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Send money abroad

Send money internationally from your Monzo app for up to 8x cheaper than with high street banks, powered by TransferWise.

Monzo Payments view on iOS and sending money on Android

Travel stress-free

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Use your card anywhere

Monzo works all around the world, and you don’t need to tell us if you’re going away.


Take out cash

Withdraw up to £200 every 30 days for free (there’s a 3% charge after that).

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Spend for free

We don’t add any fees or charges for spending with your card, and we don’t mark up the exchange rate.

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How the £5 offer works

We’ll put £5 into the accounts of the first 1,000 people who open an account after entering their email on this page, and then use their card to pay for something.

We can change or withdraw this offer any time without giving notice.

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Screenshots of opening a Monzo account
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Open an account in minutes

You just need your phone and some photo ID (like a passport or provisional driving licence). No waiting two weeks for an appointment, and no queuing in the branch.

Enter your email at the top of this page to get an account in minutes, and your shiny hot coral debit card in the post a couple of days later.