Personal Accounts with Monzo

Unlock the full potential of your money with a Monzo personal account — designed to help you see, spend, and save with ease and confidence

Open a personal account

Protection for your money

With Monzo, your money is insured up to $250,000 through our partner Sutton Bank, Member FDIC*

Support from real humans

Our friendly support team is here for you when you need it. Whether you have a question or need help, chatting with us is just a tap away.

40,000+ fee-free ATMs nationwide

Get cash without stress and without fees, thanks to our network of over 40,000 fee-free MoneyPass ATMs.

Goodbye fees, hello freedom

We're all about transparency, and that means no hidden fees. Monzo's personal account offers you the best way to see, spend, and save your money without those pesky extra charges.

  • No monthly fees: keep more of your hard-earned cash

  • Free debit card: your trusty sidekick for spending and saving

  • No overdraft fees: flexibility for those unexpected moments

  • No foreign exchange fees: travel abroad without surprises

Get paid early and plan ahead

Why wait for payday when you can get a head start? Get paid up to 2 days early when you set up direct deposit. That means more time to plan, save, or celebrate a little.

Your money, safe and secure

We take security seriously. Monzo's personal account comes with top-notch security features, so you can save with confidence.

  • $250,000 FDIC insurance: Rest easy knowing your funds are protected*

  • Biometrics and PIN protection: Advanced security for your peace of mind

  • Instant notifications: Stay in the know with real-time transaction alerts

  • Freeze card: Pause transactions instantly if your card goes missing

Worry-free travel? Yes, si, oui

Travel everywhere with confidence - no matter where life takes you. Our personal account makes spending abroad a breeze.

  • Use anywhere Mastercard is accepted: shop, dine, and experience the globe with ease

  • Transparent pricing: no exchange rate surprises, hidden fees, or extra charges. We pass Mastercard’s exchange rate directly onto you.

And since we don’t bury our footnotes


* How does FDIC insurance work?

Your funds are held at Sutton Bank, Member FDIC. Though Monzo is not an insured bank, money in your Monzo account benefits from pass-through FDIC insurance that would protect up to $250,000 in the unlikely event that Sutton Bank failed.

Certain conditions must be satisfied for pass-through FDIC deposit insurance coverage to apply, which you can learn more about here.

Sign up for a Monzo account in less than 10 minutes

Download the Monzo app and join 10 million people who've changed the way they see, spend, and save their money.

Apply for a Monzo account

Existing customers can get help via the app

Monzo’s Savings Jar Annual Percentage Yield (APY) is 4.00% as of October 24, 2024. The APY may change at any time.

This website is operated by Monzo Inc. Monzo reserves the right to restrict or revoke any and all offers at any time.

Monzo is a financial technology company, not a bank or FDIC-insured depository institution. Monzo accounts are subject to pass-through FDIC insurance up to $250,000 per ownership category, should Sutton Bank fail. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply which you can learn more about here.

The Monzo mobile banking app facilitates access to banking and deposit services provided by Sutton Bank, Member FDIC. The Monzo Mastercard Debit Card is issued by Sutton Bank, pursuant to a license from Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

© 2024 Monzo, Inc. All rights reserved.