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Monzo Current Accounts

We’re making money work for everyone, so we have different current accounts for different needs. Choose from our original Monzo current 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 authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct 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 £25,000 and overdrafts up to £2,000. See if you’re eligible without impacting your credit score. For loans, our representative APR is 14.8% for more than £10,000, up to £25,000. For up to £10,000 it’s 28.8%. For overdrafts, it’s 39% APR/AER representative (variable).

Interest on your savings

Earn interest on your savings by choosing an Easy Access or Fixed Term Pot. Your money with each savings provider is protected by the FSCS for amounts up to £85,000 per person. Minimum £10 deposit to open.

Monzo premium features page next to a silver Monzo premium card.

Banking that makes a statement

Turn heads with our white metal card. Enjoy peace of mind with phone and worldwide travel insurance, interest on your balance and much more.

Monzo Premium is £15 per month • 6 month minimum • Must be aged 18-69 • Ts&Cs apply

Monzo plus features screen next to a blue gradient Monzo plus card.

Put money in your hands

More financial visibility, with your other bank accounts and credit cards all in one place. Get interest on your money, personalised budgeting and much more.

Monzo Plus is £5 per month • 3 month minimum • Must be aged 18+ • Ts&Cs apply

The award-winning banking app with the hot coral debit card

Our free current 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

4.10% AER interest (variable)

On balances up to £100,000 in a Personal Instant Access Savings Pot, paid monthly

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

No minimum term
Monzo Plus

£5 per month
Must be over 18

All free Monzo features

Other accounts, in Monzo

See your other accounts in Monzo

4.60% AER interest (variable)

On balances up to £100,000 in a Personal Instant Access Savings Pot, paid monthly

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

3 month minimum
Monzo Premium

£15 per month
Must be aged 18-69

All free Monzo features

All Monzo Plus features

Metal card

Exclusive to Monzo Premium

Phone insurance

Covers loss, damage, theft, and cracks. Exclusions apply

Worldwide travel insurance

Cover for you and your family when travelling together. Exclusions apply

4.60% AER interest (variable)

On balances up to £100,000 in a Personal Instant Access Savings Pot, paid monthly

Get discounted access to over 1,100 airport lounges

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

6 month minimum

Not sure what to pick?

Compare each account to find the right one for you

Current account switch guarantee.

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.

Apply for a Monzo current account in less than 15 minutes

Download the Monzo app on iOS or Android and join more than 8 million people who've changed the way they bank.