Monzo Simple Account

App-Based Bank

(8,187 reviews)

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Benefits of Monzo

  • Rated 4.4/5 via Trustpilot
  • Free current account
  • Current account switch service guarantee
  • £400 daily ATM withdrawal limit
  • No fees when you spend overseas
  • Pay your salary into Monzo and they can advance you the cash one day early
  • Organise and budget your money between savings, bills and spending
  • Easy access saving options available
  • Pay Direct Debits through Monzo
  • Get instant notifications on your spending and funds coming in
  • Overdraft and loan options available
  • Freeze your card instantly

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Frequently asked questions

How do I open an account?

To open an account you need to download the free Monzo app via your smartphone. You then need to fill in the necessary details. The whole process is very quick and is clear and easy to navigate. You need to have some photo ID to hand to take a photo of and be ready to record a quick video of yourself for authentication.

How can I contact Monzo directly?

There are various ways of contacting the team at Monzo through either their in-app chat, by email or via the phone. There’s plenty of information on the site which will answer many queries from existing and future customers.

Is my money covered?

Yes, your money is covered up to £85,000 by the Financial Services Compensation Scheme.