Monzo

Monzo Bank is a digital, mobile-only bank based in the United Kingdom.

Manage your money

• Set spending budgets Set monthly budgets for spending on things like groceries and going out.
• See an easy summary See an overview of your account any time, with notifications if you’re spending too fast.
• Get instant notifications Get a notification the moment you use your card, before the receipt finishes printing.

Travel easily

• Use your card anywhere Monzo works all around the world, and you don’t need to tell us if you’re going away.
• Take out cash Withdraw up to £200 every 30 days for free (there’s a 3% charge after that).
• Spend for free We don’t add any fees or charges for spending with your card, and we don’t mark up the exchange rate.

Send money fast

• Pay people in seconds Send bank transfers that arrive pretty much instantly.
• Set up Direct Debits and standing orders Manage recurring payments from your app.
• Split the bill Split through the app and we’ll do the maths for you.

Keep your money safe

• Stay in control If you lose your card, freeze it in the app and get a new one quickly. (Or defrost it if you find it again.)
• Rest easy We’re part of the FSCS, so your money is protected up to £85,000.