Monzo Bank
| Category | Price | Seller | Device |
|---|---|---|---|
| Finance | Free | Monzo Bank Limited | iPhone, iPad, iPod |
Join more than 500,000 people who have used Monzo in over 180 countries and become part of the banking revolution!
Open an account to put Monzo at the heart of your financial life.
- Get a sort code, account number and hot coral Monzo debit card
- Use your Monzo card to pay anywhere in the world that accepts Mastercard®
- Get instant notifications every time you make a payment
- Freeze your Monzo card instantly if you lose it, defrost it when you find it
- Make bank transfers, set up standing orders and direct debits, and have your salary paid straight in
- Pay with your card abroad as you would at home: there are no fees for card payments, and you get the Mastercard® exchange rate
- FSCS protection up to £85,000
We’re steadily rolling out current accounts, but there’ll be a bit of a wait. We’ll invite you to join based on your position in the queue, so download the app to get a current account quicker.
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
The legal bit:
The term “Monzo Card” refers to the Monzo MasterCard® Prepaid Debit card. MasterCard is a registered trademark of MasterCard International Incorporated. The Card is issued by Wirecard Card Solutions Ltd (“WDCS”) pursuant to licence by MasterCard International Inc. WDCS is authorised by the Financial Conduct Authority to conduct electronic money service activities under the Electronic Money Regulations 2011 (Ref. 900051).
Reviews
Highly Recommended for US Customer
Patel Harshank
I do like the idea but there is no credit card. It’s a online bank only. If they issue a credit card (visa preferred) it will be cherry on top of the cake. I like Monzo’s online bank but I would like them to have a credit card with it. Also, have to add more ATM Access as well as more ways to connect on like Zelle for US customers since Zelle has become one of the industry’s leading ways to share money. Also, support fir PayPal, Venmo and Stripe!
Cant contact them, Can’t open an account
SomeEngrStudent
You can’t do anything. Stick to Barclays/NatWest
Terrible, opaque onboarding process
rEdeVIL237
No regard for customer onboarding experience or customer service. Plenty of better options such as Starling bank
Non international friendly
Psychrox80
I currently reside in both the USA and UK but was denied an account with no explanation. I hate ASB excellent credit score, no debt, etc, and for some reason I wasn’t approved.
Great to use internationally
AB 1118
I find the US Monzo account limited with its offerings BUT on my first trip after COVID-19 I used it all throughout Europe and it is FANTASTIC! There are NO international MasterCard fees and they give you a reasonable exchange rate. When you pay, choose “USD” not the local currency and Monzo does the exchange. I love the fact it breaks down the purchases into categories. Also, Europe is notorious for ATM card skimming. By keeping a lower balance on my Monzo I limit my risk. I also use it instead of my regular bank card for cash withdrawals. I must say I like it and it’s practically the only card I use. Would love to see them do a Credit Card like Chime as you need a CC for many airlines and hotels App is recommended
Rejected without explanation
AppleCinnamon7
I’m a study abroad student studying in the UK. I wanted a UK bank to make things easier while I’m here, and my school recommended Monzo. I went through the application, but unfortunately they rejected it. It gave no explanation as to why my application was rejected, and they also gave no opportunity for me to reapply since I was thinking maybe I incorrectly input some information. Oh well.
Open Bank account in iraq
ReMaN J. Rahman
We are many of people need to open a bank account in UK but we can’t because we live in iraq there are any have to create ?
App interface issues
SamGreenberg12!
Couldn’t even get past the address when signing up. I live in a large building, and it only went up to the first couple of flats but didn’t offer mine and there was no way to type in the address manually. Yes, Royal Mail does have my address. Can’t experience Monzo as a bank because the app in unfortunately not an option.
The worst bank i have ever seen , so bad
Hussin alshamey
Worst bank ever , so much fee and customer service is so bad if you run an online store don’t use this app or bank
