# Monese - A banking alternative — The money app

> Digital money app for multi-currency accounts, international transfers, and budgeting. (iPhone/iPad app by Monese LTD.)

- Source: https://appshunter.io/ios/app/monese-a-banking-alternative/id1102793407 (this page in markdown: same URL + `.md`)
- Developer: [Monese LTD](https://appshunter.io/developer/1102793406)
- Category: Finance
- Price: Free
- Rating: 4.70/5 from 2,393 App Store ratings · 348 written reviews indexed
- Age rating: 4+
- Requires: iOS 15.0 · 199 MB
- Languages: American English, Estonian, French (France), German (Germany), Italian, Lithuanian, Romanian, European Spanish
- Released: 2016-09-02
- Data updated: 2026-08-28
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/monese-a-banking-alternative/id1102793407/reviews.md

## What is Monese?

Monese is the banking alternative you’ve been waiting for.

We’re the money app that helps you budget smartly, spend wisely and switch between currencies in a flash. 

Whether you need a GBP, EUR or RON account (or all 3!), you’ll be able to manage your money straight from your phone and enjoy the flexibility to live, work, travel, study and thrive wherever life takes you. We even have business accounts!

Join over 2 million people and open a Monese mobile money account today. 

It’s simple, fuss-free and easy – so how does it work?

• Open a GBP, EUR or RON account, straight from your phone
• Easily switch between currencies and manage your money all in one place
• Get a contactless Mastercard debit card you can use globally – online, in-store or at ATMs
• Spend abroad with no extra fees on card spending and ATM withdrawals
• Quickly send and receive money locally and internationally in multiple currencies
• Create a virtual card and pay online or in-store for an extra layer of security
• Open a joint account to easily spend, share and save with a loved one, roommate or friend

With our feature-rich smartphone app, you’ll also get:

• Real-time notifications: Instant updates whenever you use your account
• A detailed spending overview: Full transparency around your transactions
• Savings pots: Put money aside for something special
• Apple Pay: A fast, easy and secure way to pay with your Apple Pay
• Automatic Direct Debits and recurring payments:  the easy way to pay for things like mobile phone contracts, rent, or gym memberships

Plus, you can also:


• Build your credit score: Use Credit Builder to grow your credit history and savings at the same time (UK only)
• Link your PayPal account: Manage your PayPal balance and transactions from Monese, and add your Monese card to your PayPal wallet
• Enjoy state-of-the art security features: 3D Secure, card locking, strong encryption and biometric login
• Get instant account statements in PDF or XLS whenever you need

Enjoy the convenience of being able to send and receive money straight from your phone, get your salary paid in, set up Direct Debits and recurring payments, all while maintaining a complete overview of your earning, spending and saving. Withdraw cash from ATMs worldwide for free, within generous allowances, and add money to your account by bank transfer, debit card, or with cash at over 84,000 locations in the UK, Austria, Belgium, Bulgaria, France, Luxembourg, the Netherlands, Poland, Portugal or Spain.

You can open an account with us regardless of your citizenship or financial history, as long as you’re at least 18 years old and live in the European Economic Area (EEA).

## Key features

- Multi-currency accounts (GBP, EUR, RON)
- Contactless Mastercard debit card
- International money transfers
- Virtual card for online payments
- Savings pots
- Real-time spending notifications
- Credit score building (UK only)

## Recent user reviews (10 of 348)

All indexed reviews: https://appshunter.io/ios/app/monese-a-banking-alternative/id1102793407/reviews.md

### 1/5 — Money grabbers

*2026-08-05, version 11.4.1*

It’s costs 99p to receive money and £1.29 to send money each time. Stupid.

### 2/5 — Update?

*2026-07-30, version 11.4.1*

I cannot access my account. the 4.1 version won’t load up.

### 5/5 — Easy to use.

*2026-07-28, version 11.4.0*

I’ve had an account with Monese from day one. I’ve only ever encountered one issue, but that was resolved accordingly. It’s super easy to use, and the monthly fees as low! Great overhaul bank

### 1/5 — Hidden, deceptive fees

*2026-07-24, version 11.4.0*

Opened an account with Monese in 2021 - they started strong with a competitive offering but the incremental account fees crept up over the years. Ultimately switched to another neo bank in 2024 and have just found out I’ve been retroactively charged monthly inactivity fees ever since. Plenty of comms re rejoining and signing up to new products in that time, but of course silence re the fees being applied

### 1/5 — I'll be closing my account.

*2026-07-23, version 11.4.0*

every transaction has almost £1(0.99p) transaction fee. I'm closing my account after 5 years of using monese

### 3/5 — Not open app

*2026-07-23, version 11.4.0*

I try opening but no open for my i hawe accound with you but nothing here try many times to login in my account but i cant so. No good

### 1/5 — Expensive

*2026-07-21, version 11.4.0*

The fees to use my own money are ridiculous! I opened with Monese because it was value for money, it’s not anymore.

### 5/5 — Likeability

*2026-07-21, version 11.4.0*

Great so far

### 1/5 — Do not use Monese

*2026-07-20, version 11.4.0*

I have had my account blocked by them and was set an email asking where I was getting my money from if I worked who I was transferring money from this is absolutely disgusting and very upsetting I would advise anyone to be very careful with this bank and app

### 1/5 — Charging too much for cash deposits

*2026-07-20, version 11.4.0*

Charging too much for cash deposits while other banks charge non

## Frequently asked questions about Monese

### What does this app do?

This app provides a digital banking alternative that allows you to open GBP, EUR, or RON accounts directly from your phone. You can manage your money across different currencies, send and receive money locally and internationally, and use a contactless debit card globally. It also offers budgeting tools, real-time notifications, and savings features.

### What are the key features of this banking alternative?

Key features include the ability to open multiple currency accounts, a contactless Mastercard debit card for global use with no extra fees on spending, quick local and international money transfers, virtual cards for secure online payments, and savings pots. It also offers real-time notifications, a detailed spending overview, and direct debit management.

### How much does this app cost?

The app is free to download and use for its core banking functionalities. While the description mentions 'free with in-app purchases' and 'hasAds: true', specific details on what constitutes an in-app purchase or the extent of ads are not provided. However, it emphasizes a fuss-free and easy experience.

### Who can open an account with this app?

You can open an account with this app if you are at least 18 years old and live in the European Economic Area (EEA), regardless of your citizenship or financial history. This makes it accessible for many individuals who may have difficulty opening traditional bank accounts.

### What are common use cases for this app?

Common use cases include managing money while living, working, or studying abroad, easily switching between currencies for travel or international transactions, sending money to friends and family overseas, and budgeting effectively with real-time spending insights. It's also useful for setting up direct debits and receiving salary payments.

## Version history (last 5 releases)

### 11.5.0 — 2026-08-11

To get our app in tip-top shape, we’ve been busy making 5 bug fixes and improvements.

### 11.4.1 — 2026-07-30

To get our app in tip-top shape, we’ve been busy making 4 bug fixes and improvements.

### 11.4.0 — 2026-07-12

To get our app in tip-top shape, we’ve been busy making 4 bug fixes and improvements.

### 11.3.0 — 2026-06-22

To get our app in tip-top shape, we’ve been busy making 6 bug fixes and improvements.

### 11.2.1 — 2026-06-04

To get our app in tip-top shape, we’ve been busy making 9 bug fixes and improvements.

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-28.*