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Category
Finance
Latest Version
7.28.0
Publish Date
05/13/2016
Developer
Monzo
Security
100% Safe
Price
Free
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Editorial Note
All app reviews here are 100% independent. We receive no developer compensation or affiliate commissions. Our free site is funded entirely by third-party display ads, explicitly marked as "Sponsored" across the page.
Features of Monzo Bank - Mobile Banking
Easy Group Spending
- Split bills or set up tabs for shared expenses
- Request or send money with a link
Monzo Flex Service
- Use Flex to turn almost any purchase in shops or online into 3, 6, or 12 installments – even purchases you made two weeks ago!
- Apply for Flex from your Monzo account. If eligible, Flex payments are interest-free over 3 installments, or 24% APR representative (variable) over 6 and 12 installments. 18+. Ts & Cs apply.
- Consider the cost of credit before flexing a purchase. Missing payments may negatively impact your credit score and you may lose the interest-free rate on existing plans.
- Representative example: £1200 credit limit. 24% APR representative (variable). 24% yearly interest (variable).
Tips
💷 Monzo puts you in control of your spending.
- Get instant notifications when money comes in or out
- Watch your spending trends
- Set goals with spending targets and alerts
- Schedule bill payments and manage subscriptions
- Get paid a day early if your salary is paid via Bacs
- Take Monzo abroad with you – we don’t charge foreign exchange fees
😋 Monzo helps you save.
- Create personalized pots to put money aside
- Turn spare change into savings with automatic roundups
- Earn interest on your savings pots
Pros & Cons
- Pay-later service
- Support for business
- Save your money
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Ratings
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