Monzo - Mobile Banking

Monzo

About this app

Monzo is the digital banking app that rewards you for being you. With one app to manage all your finances, in real time. Open an account in a few minutes.

CASH BACK FOR ALL
Get cash back on all your purchases for your first month*. 5% cash back with Preferred account. 1% cash back with free Everyday account.

Cash back means cash: withdraw, spend or save it.
Cash back is instant, straight into your account or Savings Jar.

Instant access to cash with our network of 38,000 free ATMs across the US.

Real-time notifications each time you spend on your debit card.

Set a target for how much you want to spend and we’ll help you stay on track.*

NO STRESS SAVINGS

With a Preferred account, get our best savings rate of 3.75% APY interest. With an Everyday account, you’ll receive 2.00% APY.

Earn interest on every goal. No catch, no small print. Just instant access savings and smart tools to help you reach your goals faster.

Set aside money for trips, bills, emergency funds and more in a Savings Jar.

Automatically contribute a portion of your paycheck towards your goals.

Turn your spare change into savings with automatic roundups.

ONE APP FOR ALL YOUR FINANCES

Connect all of your accounts and cards for a big picture view of your finances. You can connect all your accounts on with Preferred.

Get money saving insights across all your bank accounts and credit cards.

Get paid early with a direct deposit.
Your money is eligible for FDIC pass-through insurance up to $250,000

SERIOUSLY SECURE

Your money is eligible for up to $250,000 in FDIC pass through insurance.**

Anti-fraud systems that help keep your money safe, without adding friction for you.

Protect your money with Touch ID, Face ID, and PIN.

*Monzo Preferred account may be required to access certain features. Fees and terms apply, see monzo.com/us for more details.

Monzo’s Savings Jar Annual Percentage Yield (APY) is as of November 25 2025. Interest rates are variable and may change. Fees may reduce earnings. The interest comes from us, not Lead Bank or Sutton Bank. Your total Savings Jar balance is capped at $100,000.

Registered address: Monzo Inc, 447 Sutter St., Ste 405 PMB1025, San Francisco, CA 94108
Certain conditions must be satisfied for pass-through FDIC deposit insurance coverage to apply, which you can learn more about on fdic.gov.
The Monzo Mastercard Debit Card is issued by Sutton Bank or Lead Bank, Members FDIC, pursuant to a license from Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
¹Your funds are held at Sutton Bank or Lead Bank, Member FDIC. Though Monzo is not an insured bank, money in your Monzo account is eligible for pass-through FDIC insurance that would protect up to $250,000 in the unlikely event that Sutton Bank or Lead Bank failed. Certain conditions must be satisfied for pass-through FDIC deposit insurance coverage to apply, which you can learn more about on fdic.gov.

Ratings and reviews

Had an account for a couple weeks now and I liked them. Customer service was prompt and I liked the app. At least I liked them until today when they completely closed my account without explanation. I cannot get an answer and cannot reopen my account. I gave all my legal and correct info and completed all the verifications and did everything I was supposed to. I'm really disappointed but oh well.

Sometimes, a bank shouldn't act like a startup. It's INSANE that (for what is clearly a cost-cutting measure) they make it impossible to actually talk to customer support. Calling directs you to the app, the app directs you to a chat, the chat directs you to an article which, after you say "this doesn't solve my problem", they just say "thanks for the feedback!". This is supposed to be a bank. It should 100% just be contactable without needing to prove the extent of your issue. INFURIATING

The app doesn't work, I can't progress to opening an account. I get sent a magic link to my email, then get a page saying "sorry about this... Something's gone wrong" it's been like that for a month I spoke to customer service who were supposed to arrange a call back to fix things and never heard anything. I tried calling again and went down a phoneline rabbit hole that doesn't accept non customer calls.

What’s new

We're always keeping things running smoothly with regular bug fixes and maintenance. If there's something new, we'll shout about it. (Not literally. Apps can't shout).