Monzo Blog
The latest updates, stories, ideas and guides from the Monzo team.
USAMonzo is launching in the USA!
Our mission is to make money work for everyone. And our next stop is the USA! 🇺🇸
How Money WorksDo the 1p Savings Challenge monthly and save £667.95 a year
Do the 1p Savings Challenge monthly, so you can set aside your savings as soon as you get paid.
How Money WorksShould I start investing my money?
Investing in the stock market could help you get more out of your savings. But how do you do it? And what are the risks?
How Money WorksWhat is interest? Explained in the 1,000 most-used words
We explain how interest works in simple language. In fact, we only use the 1,000 most-used words!
How Money WorksSave £150.55 a year with the Save the Date Challenge
It works by taking the date every day, adding up the day, month and year, then setting aside the total amount in pennies.
How Money WorksAre you paying too much for your energy? Here’s how to find out.
If you haven’t renewed your energy contract in the last few years, you could be paying more than you need to on your energy bills.
How We Protect YouAre pyramid schemes legal in the UK?
No, pyramid schemes are illegal. People who create them could go to prison, and if you join one you could end up losing hundreds of pounds.
How Money WorksCan I get a Monzo account if I already have a bank account?
Yes! You can have more than one bank account, so you can open a Monzo account alongside any other accounts you already have.
How We Protect YouMy bank says I need to move my money into a 'safe account' – should I?
No – this is a kind of fraud where someone tricks you into sending them money, usually by pretending to be from a company you trust.
- How Money Works
Save £667.95 a year with the Reverse 1p Saving Challenge
Do the 1p Saving Challenge backwards, so it gets easier over time!
How Money WorksAre your friends' weddings costing you a fortune? Here's how to cut the costs
From destination weddings to extravagant stag dos, the cost of attending a wedding is rising.
- How I Use Monzo
‘I put £1 in a Pot every time I swore during Ramadan’
Birmingham City student Inti tells us how she got on (and how much she saved!)
How Money WorksHow to be vegan and stay within budget
We spoke to two vegans to find out how you can go vegan, without it costing the earth.
