Have you, or your business, been affected by coronavirus?
How we can help you
We've summarised our information and guidance on support available if you're affected by the financial impact of coronavirus.
It includes advice on repaying and borrowing money, managing your account, and your savings.
And we've also created a coronavirus business support hub, which explains the government support available to businesses throughout the downturn, as well as some helpful guidance from Monzo.
Support for freelancers and contract workers
The government's given advice on getting a Universal Credit advance and accessing Statutory Sick Pay.
Freelancers can get updates and advice from the IPSE (the Association of Independent Professionals and the Self-Employed).
What we're doing
We’ve asked all our staff to work from home unless it’s crucial they come into the office. This has always been a big part of working for Monzo, so we’re used to it.
We’ve got multiple teams working on how we respond to the pandemic, so we can adapt to changes and keep supporting our customers.
Looking to get Monzo Business?
Apply straight from your phone. There’s no endless paperwork, trips to the bank or waiting around for a decision. Want to find out more? Check out our common questions.
Already have Monzo Business?
If you have a question about your account, you're in the right place.
Your questions, answered
Check if you're eligible
You can apply for an account if you’re a sole trader or registered limited company by shares (Ltd), based in the UK, and are a tax resident only in the UK.
Head to our eligibility criteria for more detail on businesses and industries we can and can’t support at the moment.
Your money's protected
As a fully regulated UK bank, we’re covered by the Financial Services Compensation Scheme (FSCS). Your money in Monzo is FSCS protected up to £85,000 per eligible depositor 💰You can find out more about eligible businesses, if you’re interested.
Apply straight from your phone
We’ll ask some questions about your business to see if you’re eligible.
If you have a Monzo Current Account, apply in your app.
If you don’t have a Monzo Current Account, apply in these 3 steps.
Tell me more
Submit this form and a member of the business team will be in touch as soon as possible.