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 29, 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
🖼️Get Icon
Icons↘︎

About

A mobile banking app that helps you manage your money, track spending, and save effectively. It offers features like instant notifications, bill scheduling, and tools to split expenses with friends. You can also explore investment options and access a credit card for flexible payments.

✓Instant spending notifications
✓Personalized savings pots
✓Bill and subscription management
✓Split bills and track shared costs
✓Investment options from £1
✓Award-winning credit card
✓Business banking features
Show original description

What users say about Monzo Bank

See all reviews
+1

What's New in Monzo Bank

8.7.0

October 29, 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).

More

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.
Show more

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.
Show more

Featured on

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

Is Monzo free to use?

Yes, Monzo offers a free mobile bank account. While the core banking services are free, there are optional paid tiers for business accounts (Pro and Team) starting from £9 per month.

How secure is Monzo?

Monzo is a fully licensed UK bank and is covered by the Financial Services Compensation Scheme (FSCS), meaning your eligible deposits are protected up to £85,000. The app uses advanced security measures to protect your account.

Can I use Monzo abroad?

Yes, you can pay anywhere, in any currency, on your Monzo debit or credit card without incurring travel fees. Monzo passes Mastercard's exchange rate directly to you without hidden charges.

What are Monzo's savings features?

Monzo allows you to create personalized 'Pots' to separate spending money and savings. You can also turn spare change into savings with automatic roundups and earn interest on money in Instant Access Savings Pots.

Does Monzo have ads?

Yes, the app contains advertisements. This is a common practice for free financial applications to support their services.

How often is Monzo updated?

The latest version of Monzo is 8.7.0, last updated on October 29, 2026. Updates are frequent to introduce new features and improve performance.

What are the business banking options with Monzo?

Monzo Business Banking offers Lite for free, and paid upgrades like Pro or Team from £9 per month. Features include automated Tax Pots, multi-user access, invoicing, and expense cards.

Can I invest with Monzo?

Yes, Monzo offers a range of investing options starting from as little as £1. You can grow your investing knowledge with bite-sized topics on investing essentials.