What is Monzo Preferred?
Monzo Preferred is an optional subscription plan that powers up your Monzo experience for only $10 per month.
With Monzo Preferred, you’ll unlock the following features:
Cash back on debit card spend for eligible purchases (see our Cash Back Terms for more information).
3.75% APY (Annual Percentage Yield) earned on all money held in Savings Jars.
Up to 2 day early paycheck deposits.
The ability to create up to 10 Savings Jars to organize your money.
Unlimited external account connections to view your whole financial picture.
To sign up for Monzo Preferred, go to your Profile and tap Manage.
Monzo Preferred is optional - by default, your account will be on our free Monzo Everyday plan. Monzo Everyday has no subscription fee, and still gives you access to all the Monzo features that make managing your money stress-free. This includes Jars, virtual cards, instant payments with friends, and zero hidden fees.
