Monzo is a UK bank offering a free current account run from the app, with instant spending notifications, budgeting pots, bill splitting and savings. Paid plans add extras such as higher fee-free withdrawals abroad and insurance. Monzo accounts are for UK residents.
- Free personal current account
- Pots for budgeting and saving
- Fee-free cash withdrawals abroad up to £200 (free plan)
- Monthly fee
- Free · Extra £3 · Perks £9 · Max from £19
- Card
- Debit card
- Cash abroad
- Up to £200 fee-free (free and Extra), £600 (Perks and Max)
- Available in
- UK residents
- Minimum age
- 16+ (18+ for paid plans)
- Deposit protection
- FSCS up to £120,000
Provided by Monzo Bank Limited, Broadwalk House, 5 Appold Street, London EC2A 2AG, United Kingdom. Bank licence, regulated by Authorised by the PRA; regulated by the FCA and PRA, licence/register no. FRN 730427 · Company no. 09446231. Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per depositor.
