Monzo Bank - Mobile Banking

Monzo Bank - Mobile Banking

Personal & business banking

5.7K ratings
2102 reviews
With Ads
💰 Finance
Free
With Ads

Details

Released
February 4, 2016
Updated
October 15, 2026

Features

Monzo Bank - Mobile Banking screenshot #1 for iPhone
Monzo Bank - Mobile Banking screenshot #2 for iPhone
Monzo Bank - Mobile Banking screenshot #3 for iPhone
Monzo Bank - Mobile Banking screenshot #4 for iPhone
Monzo Bank - Mobile Banking screenshot #5 for iPhone
Monzo Bank - Mobile Banking screenshot #6 for iPhone
Monzo Bank - Mobile Banking screenshot #7 for iPhone
Monzo Bank - Mobile Banking screenshot #8 for iPhone
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About

Manage your finances with a digital banking app offering real-time spending notifications, savings tools, and cashback rewards. Connect all your accounts for a comprehensive financial overview and enjoy secure, FDIC-insured deposits.

✓Real-time spending notifications
✓Cashback on purchases
✓High APY savings rates
✓Savings Jars for goals
✓Connect external accounts
✓Early direct deposit
✓FDIC pass-through insurance
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What users say about Monzo Bank

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+1

What's New in Monzo Bank

8.5.0

October 15, 2026

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).

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User reviews

Service

Excellent service with updates 24/7 definitely the best bank

Great

Love Monzo so easy to use and helpful when needed

Great service

Great service as always

Going Backwards update

Monzo recent updates have removed the savings pot from the Home Screen with no way to put it back.
It is now impossible to see at a glance how much money you have.
You now have to select another tab at the bottom of the screen, which will then show you your savings pot (s)

This is a really bad change and a step backwards.

Every other bank app I’ve seen presents you with a summary of your accounts/pots on one screen.

That’s what monzo used to do, but not anymore.
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Terrible bank, lengthy complaints process. Avoid.

Had money paid in for the sale of a car. Tried to then send money out to pay for a replacement vehicle to have my account frozen by Monzo. 2 days later and it is still frozen, unable to spend MY own money. I am now car-less because of Monzo. Their complaints handling is terrible and time consuming. Avoid at all costs.
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User experience

🐞

Reported Bugs

3 issues

Login issues with email links

Bug

Address lookup not working

Bug

Recurring payment failures

Bug
✨

Requested Features

4 requests

iPad app version

Feature

Ability to hide balance from others

Feature

More customizable budgeting categories

Feature

Faster international money transfers

Feature

FAQ

What does the Monzo app do?

The Monzo app is a digital banking platform that allows you to manage all your finances in one place. It offers real-time spending notifications, tools to help you save money, and cashback rewards on purchases. You can also connect external bank accounts for a complete financial overview.

What are the key features of the Monzo app?

Key features include instant spending notifications, cashback on purchases, competitive APY rates for savings, and 'Savings Jars' to set and track financial goals. The app also supports early direct deposit, spare change roundups for savings, and the ability to connect all your accounts for a unified view.

How much does Monzo cost?

The app offers a free 'Everyday' account with a 2.00% APY on savings. A 'Preferred' account is available for a fee, offering a higher savings rate of 3.75% APY and additional features. Some features may require a Preferred account.

Is my money safe with Monzo?

Yes, your money is eligible for up to $250,000 in FDIC pass-through insurance through Lead Bank. The app also employs anti-fraud systems and allows you to protect your account with Touch ID, Face ID, and a PIN.

Who is the Monzo app for?

This app is designed for individuals who want a modern, convenient, and feature-rich way to manage their daily spending, savings, and overall financial health. It's particularly useful for those who appreciate real-time financial insights and automated savings tools.