About
Monzo Bank is a mobile banking app that lets you open a free current account, track spending, and manage your finances entirely on your phone. The app offers instant notifications for transactions, weekly and monthly spending insights, bill scheduling, and subscription management. You can create separate Pots for savings with automatic roundups and earn interest on Instant Access Savings Pots. Monzo also provides fee-free international payments at Mastercard's exchange rate, bill splitting with payment links (up to £500 for requests, £250 for payments), the Monzo Flex credit card with up to £10,000 credit limit and 0% offers, and investing options starting from £1. Business banking is available with automated Tax Pots, multi-user access, invoicing, and integrations with Xero, FreeAgent, Sage, and QuickBooks. Customer support is available 24/7.
Highlights
- Open a free current account in minutes with 24/7 customer support
- Monzo Flex credit card with up to £10,000 limit and repeatable 0% offers
- Savings Pots with automatic roundups and interest-earning Instant Access accounts
- Bill splitting with payment links and spending insights updated weekly and monthly
- Business banking with automated Tax Pots and accounting software integrations (Xero, FreeAgent, Sage, QuickBooks)
- International payments at Mastercard's exchange rate with no hidden fees
Best for
UK residents and small business owners who want to manage their finances, savings, and spending entirely through a mobile app. Suited for people who travel internationally, split bills with friends, or need business banking with accounting software integration.
At a glance
Monzo Bank - Mobile Banking is rated 4.8 out of 5 from 5,116 ratings and is available on iOS and Android — all free to download.
It is developed by Monzo Bank Limited.
Screenshots
Frequently Asked Questions
- Is Monzo Bank - Mobile Banking free?
- Yes — Monzo Bank - Mobile Banking is free to download on iOS and Android.
- What platforms is Monzo Bank - Mobile Banking available on?
- Monzo Bank - Mobile Banking is available on iOS and Android.
- What is Monzo Bank?
- Monzo is a mobile bank that lets you open a free current account, manage spending, save money, split bills, and access credit and investing options all through one app. It serves 16 million customers and 1 million businesses in the UK.
- Can I undo a payment with Monzo?
- Yes, you can undo a payment within seconds before it leaves your account if you sent money by mistake.
- What is Monzo Flex?
- Monzo Flex is an award-winning credit card with a credit limit up to £10,000, real-time balance updates, and a 0% offer you can use repeatedly. It includes Section 75 Protection on eligible purchases.
- Does Monzo offer business banking?
- Yes, Monzo Business Banking is available for sole traders and limited company directors. It includes a free Lite tier or paid Pro and Team plans from £9 per month, with automated Tax Pots, multi-user access, invoicing, and integrations with Xero, FreeAgent, Sage, and QuickBooks.
- What are the alternatives to Monzo Bank - Mobile Banking?
- Monzo Bank - Mobile Banking is similar to Cash App, TD Canada, Revolut: Send, spend and save, and Monarch: Budget & Track Money. Browse related apps by tag: finance, banking, investing, and budgeting.
Similar Apps
Monarch is a personal finance dashboard that consolidates all your bank accounts, credit cards, and loans into one view with auto-categorized transactions and actionable insights. Connect your account
Copilot Money is a personal finance app that consolidates spending, budgets, investments, and net worth tracking into one place. Connect to over 10,000 US financial institutions, including Venmo, Appl