Monzo makes money work for everyone.
Instant spending updates. Smart budgeting. Great rates abroad.
We’re a bank, but we’re trying not to think like one. Open an account with us in minutes, and start getting to know your money better.
We’ve been busy for the last few years building the best current account in the world. Now more than 1,000,000 people use Monzo to manage their money and spend around the world. Download the app today to join them.
Manage your money
- Set spending targets
Set monthly targets 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.
- 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.
24/7 real-live human customer support
Fair and transparent overdrafts
Full Apple Pay support
What people are saying about Monzo:
“Monzo? It might just be the future of banking.” — The Guardian
“A bank for people who hate banks.” — Bloomberg
“Monzo is a bank designed for the world we live in today.” — TechCrunch
We've added Shared Tabs so you can split ongoing expenses with your friends! We've also made improvements to Monzo Chat so you can now see an estimate of the wait time. And as usual, we fixed a few bugs and added a bit of polish to your current account too.
Ratings and Reviews
Keep track of your spending habits.
Banking re-thought and done properly
I don’t often leave reviews for apps but Monzo has changed the way I bank/save. Immediate notifications on spends and the ability to add notes and receipts on each transaction works brilliantly. After spending for a short time you have the ability to search and filter on particular transactions to determine how much you’ve spent and average spend. Set up payees and send money is simple and quick. Saving pots are easy to set up and I find it great to keep savings separate. The coin jar is a great feature (rounding up each transaction to the nearest pound) for saving little bits at a time is brilliant and it builds up quicker than you’d expect. I know some people moan about Apple Pay being missing but I’m sure it’ll come soon which will then make the experience even better. I started using Monzo just over a year ago and I’ve since made it my main account including all my direct debits and have my salary paid in. It’s always improving and am excited to see how it develops in the near future. If you’re thinking of joining I can’t recommend it highly enough. ⭐️⭐️⭐️⭐️⭐️
UPDATE 2 - if we could have the ability to split a transaction across budgets that would be amazing! Sometimes I’ll buy things during my weekly food shop that would ideally come under another budget. Adding this functionally would make my budgeting 100% accurate 🙂
UPDATE - I am still loving this app however there is one improvement that could be made. Not everyone gets paid at the end of each month so when the budgets for the different categories reset on the 1st I have to do some extra calculations to make sure my finance are correct. I get paid on the 19th of each month so it might be nice to add in a feature when you can specify when your new budget month begins?
ORIGINAL REVIEW - I am LOVING my new bank account with Monzo it’s sorted our finances out and the instant transaction details is super helpful. Being able to set budgets for different categories of spends means that I don’t now need to run two separate apps. I have high hopes for having a well organised financial future. We are still in the first month of using it but so far it has been amazing!
Get all of your passes, tickets, cards, and more in one place.
Up to six family members will be able to use this app with Family Sharing enabled.