Monzo - Mobile Banking

Spend, save, manage your money

Published by: Monzo Bank

Description

Earn $15 for you and your friend when you invite them to Monzo. Terms apply.
Monzo is the best banking app that helps you save towards your goals, spend confidently, and manage your money—all without any fees.
Open a personal or joint checking account in just a few minutes.
WHY OVER 10 MILLION CUSTOMERS LOVE MONZO
Say goodbye to fees. No account fees, overdraft fees, or foreign transaction fees.
Earn interest on every goal with our Savings Jars.
Get paid early with a qualifying direct deposit.
Connect all of your accounts and cards for an all-in-one view of your finances.
Instant access to cash with our network of 38,000 free ATMs across the US.
Our award-winning support team is here to help 24/7.
Your money is FDIC insured up to $250,000.
UNDERSTAND YOUR SPENDING HABITS
Real-time notifications each time you spend on your debit card.
Get money saving insights across all your bank accounts and credit cards.
Set a target for how much you want to spend and we’ll help you stay on track.
REACH YOUR SAVINGS GOALS
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.
Set a goal on a Jar and we’ll show you your progress as you save. Tell us what date you want to reach your goal by, and we’ll work out the regular deposit needed.
Automatically contribute a portion of your paycheck towards your goals.
Turn your spare change into savings with automatic roundups.
SERIOUSLY SECURE
With Monzo, your money is insured up to $250,000 through our partner Sutton Bank, Member FDIC.¹
Anti-fraud systems that make sure your money is safe, without adding friction for you.
Protect your money with Touch ID, Face ID, and PIN.
____________________________
*The national average interest rate for savings accounts as posted on FDIC.gov, as of June 17, 2024.
Monzo’s Savings Jar Annual Percentage Yield (APY) is as of July 29, 2024. The APY may change at any time.
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, Member 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, 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 failed. Certain conditions must be satisfied for pass-through FDIC deposit insurance coverage to apply, which you can learn more about on fdic.gov.
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Monzo FAQ

  • Is Monzo free?

    Yes, Monzo is completely free and it doesn't have any in-app purchases or subscriptions.

  • Is Monzo legit?

    ⚠️ Warning: Multiple users of Monzo have mentioned scam or fraud. Investigate thoroughly before using this app.

    Thanks for the vote

  • How much does Monzo cost?

    Monzo is free.

  • What is Monzo revenue?

    To get estimated revenue of Monzo app and other AppStore insights you can sign up to AppTail Mobile Analytics Platform.

User Rating

4.77 out of 5

4,877 ratings in United States

5 star
4,380
4 star
218
3 star
72
2 star
37
1 star
158
Ratings History

Monzo Reviews

Account opening

Nwanyioma pen on

United States

I simply tried to open an account, followed all the steps and was told that I couldn’t be offered an account (for no reason).

Customer service is trash

GMj74 on

United States

Customer service takes forever to respond & it’s impossible to cancel a dispute.

Terrible services

Tiger Bannana on

United States

The app wouldnt load anything when i verified everything i needed to see my pin code and been struggling for the app to work. I called customer service jus for no one to be there to assist me when i have money on a locked account. Million dollar company and cant even help 1 customer make things right with their account. Starting to believe all the good reviews on here are fake/ bots.

Monzo

TeeTee77575 on

United States

I open a account and because I’m transgender I can’t verify my account and I know $200 dollars transfer off me card and nobody responds

Difficult to Contact Support

RayAtCyberdine on

United States

Devs….fix this immediately. This is a banking app. I think it’s ridiculous that you guys have the chat option hidden within the “report fraud” section and NOWHERE else in the app. It should not be that difficult for anyone dealing with a bank to have to search that hard to contact their bank. The “Help” button at the bottom right. Is merely just a FAQs section. The chat option should be front and center at the very top. Above the FAQs sections. NOT hidden with the fraud reporting. Customer service, should be #1 priority. Get with the program. Make it easier for your users to contact you. Also, make it easier for us to update our address. Otherwise. If that wasn’t an issue, I’d give Monzo 5 stars. It’s a fantastic banking app. I will update my review, when this contacting support issue and change of address is addressed.

ASSSSSSSSSS

300maine on

United States

NOOO NOOOO NOOOO

Closest to Simple in the US

SirCC on

United States

Simple was special, but like everything special it was violently obliterated by a monster. I’ve tried almost everything out there and few, if any came close. I used Monzo while living in the UK and, even in its infancy there, it was beautiful. Then it came here and was initially very rough and a far cry from its UK counterpart. It has now caught up and is really quite lovely. However, I have a few shortcoming to note: mobile check deposit (seriously, this should have been a first order feature); second, it needs more than just a mobile app (the iPad copy and paste does not count), at least make a web app you can shove onto the iPad as well; next, please add widgets; also, I had this gripe in the UK too, and that’s the card, would it kill you to allow some colour options?; and finally, digital currency support would be nice, MetaMask, Coinbase, whatever, just some level of support would be nice, though I know that’s a complicated ask in the US.

Takes the stress out of banking!

Shannon086 on

United States

Absolutely love Monzo. For the first time ever I feel zen when I open my banking app. Beautiful design and powerful features that puts my financial life on autopilot.

Extremely Upset

Queen_Y_DPC on

United States

Today, November 14, 2024, I received an email from Monzo, abruptly announcing the closure of my account without any prior warning or explanation. Despite my calls and emails, I’m met with silence—no response, no assistance. It’s appalling for a bank to behave this way, disregarding the trust of its customers. Let me be clear: my account information is entirely legitimate. I use this account as a safe place for my savings, only transferring money when necessary. To have it closed with no valid reason speaks to nothing but ignorance and poor handling on Monzo’s part. The fact that others have reported similar issues makes this even more alarming—had I known this was typical of Monzo, I would have closed my account myself long ago. The impact of this closure is distressing. I have essential expenses, including medications, bills, and my daughter’s birthday tomorrow, all of which rely on these savings. Monzo’s abrupt and baseless actions have caused a deeply hurtful inconvenience. I’m now prepared to take this further, and I’ll be working with others who have faced similar treatment to pursue a class-action lawsuit. This experience has been unacceptable and a betrayal of customer trust.

It’s a good app but

Moodygamer668 on

United States

My account got hacked I have been trying to contact them about it I called them no answer chat support is limited also the calls I emailed and nothing

Store Rankings

Ranking History
Category Rankings
Chart
Category
Rank
Top Free
2
Top Free
19
Top Free
35
Top Free
64
Top Free
73

Keywords

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Monzo Installs

Last 30 days

Monzo Revenue

Last 30 days

Monzo Revenue and Downloads

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