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UK Tel: 0800 802 1281. Abroad Tel: +44 203 872 0620. A stripped-back version of your Monzo account in case you can't get into the app.
- Logging You In
A stripped-back version of your Monzo account in case you...
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Monzo Bank Limited is a company registered in England and...
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Card replacements in the UK If you’re the victim of fraud,...
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Monzo Bank Limited is a company registered in England and...
- Travelling With Monzo
Make free cash withdrawals abroad. If Monzo's your main bank...
- Your New Favourite Bank
Over 10 million people bank with Monzo. Join them. Get a...
- Logging You In
Over 10 million people bank with Monzo. Join them. Get a fully regulated UK current account on Britain’s Best Banking App. Make your account feel more you with custom Pots. Use them to separate your money, save, and sort bills. Learn about your spending habits with weekly and monthly insights. Open an account for free.
Make free cash withdrawals abroad. 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. If we’re After that, we'll charge 3%. See a breakdown of all cash withdrawal limits here.
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.
- Monzo Features
- How Does Monzo Work?
- Monzo Accounts
- Saving with Monzo
- Investing with Monzo
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- Alternatives to Monzo
Salary Sorter - Sort your salary when you get paid into spending, saving and billsSpending budgets - Set spending budgets to control spending for different categories such as eating out and tracking how well you are doing for the monthSavings pots - Create multiple pots to separate your money and save for goals. You can also set up automatic saving where spare change is rounded up and saved to one of your potsInvestment pots- Pick from three different investment funds and start investing with just £1Monzo currently offers a range of accounts, including personal, joint and business accounts. Monzo offers all the usual current account services such as receiving your salary, setting up direct debits, standing orders, withdrawing cash with a contactless Mastercard and transferring money. But it also lets you manage your money as well as just hold ...
You can open both personal and joint accounts with Monzo. If you wish to open a Joint Monzo bank account, both account holders need to have a Monzo current account first. If you already have a joint account and wish to swap over to a Monzo joint account you can do so using the Current Account Switching Service (CASS).
As well as budgeting and money management, Monzo also allows you to save your money. You can set up various “Regular Pots” to transfer money into and build up a fund towards set savings goals. Monzo also has a feature that means you can automatically add the change from payments made on your debit card into one of your regular pots by rounding up y...
Monzo recently introduced its investing feature allowing users to pick from three different funds. You can pick a fund based on the level of risk you're comfortable with as an investor. The funds include: 1. The "Careful" fund: Approximately 80% of your money is invested in bonds, while 20% is invested in shares. 2. The "Balanced" fund: About 34% o...
Monzo is fully regulated by the FCA, so like any bank, it has to protect client funds and treat customers fairly. You also get the right to complain to the Financial Ombudsman Service if you are unhappy with how Monzo deals with any issues you raise. You also benefit from Financial Services Compensation Scheme protection on up to £85,000 of your mo...
There are no charges for opening or running a Monzo current account. Payments in the UK, cash withdrawals in the UK (exclusions apply) and payments abroad are all free – other than the Mastercard standard exchange rate - with no added fees. You can deposit cash with Monzo at any PayPoint location across the UK, but you will be charged a £1 fee. For...
The bank has a strong following and is rated as 'Great' on Trustpilot with 3.9 out of 5.0 stars, with over 30,000 reviews. Most of its reviews, 77%, rate the challenger bank as excellent, citing a good user experience and helpful budgeting features. However, 14% of reviewers rate it as bad, citing poor experiences with its live chat customer servic...
There are a few challengers to Monzo’s banking app crown. Here is a quick overview of some Monzo alternatives you may wish to consider.
Monzo Flex is a credit card you can count on. It gives you real-time balance updates, a credit limit up to £3,000 and a 0% offer you can use time and time again. Monzo Flex was voted Best Credit Card at the 2024 Card & Payments Awards. • Protect eligible purchases made with the Flex card with Section 75 Protection.
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Please ensure you select the bank account you've added to FreeAgent to connect your Monzo account with. Your Monzo Business Account transactions will begin to synchronise with FreeAgent within 24 hours. Monzo transactions will be imported into FreeAgent once a day. Please note that when enabling the Monzo bank feed, transactions can be ...
