Monzo Current Accounts
We’re making money work for everyone, so we have different accounts for different needs. Choose from our original Monzo account, Monzo Plus or Monzo Premium.
Your eligible deposits are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.
Packed with the best of Monzo
A UK current account
We're a fully licensed UK bank, which means we're regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Protection for your money
Your eligible deposits in Monzo are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.
A new way to bank
With features like instant spending notifications, simple ways to send money, Pots for separating it and monthly spending summaries.
Friendly support
Got a problem? We're here to help. Just message us in the app.
Loans and overdrafts
We offer loans up to £15,000 and overdrafts up to £1,000. You can check if you're eligible without affecting your credit score.
Interest on your savings
Earn interest on your savings by choosing an easy access or fixed term Pot. Your money with the savings provider is protected by the FSCS for amounts up to £85,000. Minimum £10 deposit to open.
Banking that makes a statement
Turn heads with our white metal card. Enjoy peace of mind with extensive phone and worldwide travel insurance, interest on your balance and much more.
Puts money in your hands
Full financial visibility, with your other bank accounts and credit cards all in one place. Get interest on your money, personalised budgeting and much more.
The award-winning app with the hot coral debit card
Our free account lets you spend, save and manage your money, all in one place. Get instant notifications whenever you spend, set aside your saving and bills money into Pots and pay friends in a few taps.
Monzo
Free
A UK current account
With savings, borrowing and overdrafts
Your money is protected by the FSCS
Your eligible deposits are protected by the FSCS up to a value of £85,000 per person
Fee-free UK bank transfers
Send money to any UK bank for free
Pots for separating money
Put money aside from your balance
Award-winning support
Through the app, if you need it
Instant notifications
See when, where and how you spend
Apple Pay and Google Pay
Spend using your phone
Spending categories
Get a clear view of your spending
Monzo Plus
£5 per month
All free Monzo features
Other accounts, in Monzo
See your other accounts in Monzo
1.00% AER/Gross (variable) interest up to £2,000
On your balance and regular Pots
Holographic card
Exclusive to Monzo Plus
Custom categories
Plus, divide payments into multiple categories.
Virtual cards
Avoid using your physical card online
Advanced roundups
Make your spare change go further
Credit Tracker
See how your credit score changes
Offers
15% off Patch and many more
Fee-free withdrawals abroad
Up to £400 free every 30 days
Auto-export transaction
Live updates to Google Sheets
1 free cash deposit a month
At PayPoints across the UK
Monzo Premium
£15 per month
All free Monzo features
All Monzo plus features
Metal card
Exclusive to Monzo Premium
Phone insurance
Covers loss, damage, theft, and cracks
Worldwide travel insurance
Cover for you and your family
Interest on balance and regular Pots
1.50%/1.49% AER/Gross on up to £2,000
Discounted airport lounge access
You and guests can travel in style
Fee-free withdrawals abroad
Up to £600 every 30 days
5 free cash deposits a month
At PayPoints across the UK
Not sure what to pick?
Compare each account to find the right one for you
Independent service quality survey results
Personal current accounts
Published August 2021
As part of a regulatory requirement, an independent survey was conducted to ask approximately 1000 customers of each of the 17 largest personal current account providers if they would recommend their provider to friends and family. The results represent the view of customers who took part in the survey.
Easy current account switching
With the Current Account Switch Service, you can move everything over to Monzo in 7 days without lifting a finger. We do everything for you, and you don’t need to deal with your old bank at all.
Sign up for a Monzo account in minutes
And join the millions of people who’ve already changed the way they bank.
