Monzo Bank - Mobile Banking
What is Monzo Bank?
Monzo Bank is a mobile-only bank for UK customers, offering a free current account with spending insights, instant notifications, and bill or payment scheduling. The listing also describes savings Pots, bill splitting, investing options, the Monzo Flex credit card, and Monzo Business Banking. The description states that images and text are relevant for the UK only.
Pricing. Monzo Bank - Mobile Banking is free, with no in-app purchases on the App Store.
Good for
- Tracking day-to-day spending and getting instant payment alerts
- Splitting bills and sharing joint costs with friends or housemates
- Saving through Pots and automatic roundups
Screenshots
Why this app is in S tier
Monzo Bank scores 92 out of 100: rating 97, rating count 96, App Store search rank 77, update recency 100. The four parts are averaged with no weights, and S tier follows from that score within this list. The full explanation, as data.
Description
MAKE YOUR MONEY MORE MONZO Images and description are relevant for the UK only. Hi, we're Monzo - a bank that lives on your phone. Numbers are kind of our thing. Here are a few of our favourites: 16 million: how many people bank with us 1 million: how many businesses bank with us 24/7: the hours and days you can chat to our customer support OPEN A FREE MOBILE BANK ACCOUNT IN MINUTES Track spending, save money, split bills and manage your finances, all in one app Sent money by mistake? Undo a payment within seconds before it leaves your account GET TO KNOW WHERE YOUR MONEY GOES Get instant notifications when money comes in and out of your account Learn about your spending habits with weekly and monthly insights Schedule your bills or regular monthly payments and manage subscriptions Get that payday feeling one business day early when your salary is paid via Bacs Free yourself from travel fees. Pay anywhere, in any currency on your debit or credit card (we pass Mastercard's exchange rate directly onto you, without hidden fees) SUPERCHARGE YOUR SAVINGS WITH POTS Create personalised Pots to separate spending money and savings Turn spare change into savings with automatic roundup
Compare in Banking
| Measure | |||
|---|---|---|---|
| Tier | S | S | S |
| Score | 92 / 100 | 93 / 100 | 92 / 100 |
| Rating | 4.7 ★ | 4.7 ★ | 4.9 ★ |
| Ratings | 5.7K | 4.7K | 13.4K |
| Latest ratings · 180d | — | 3.7 ★ · 16 reviews | 3.2 ★ · 20 reviews |
| Last update | 7d ago | 27d ago | 3d ago |
| Price | Free | Free | Free |
Alternatives
See all 39 ›Where else it ranks
Questions about Monzo Bank
Is the app free to download?
Yes, the listing says free to download. Business plans are described as Lite free, or Pro or Team from £9 per month.
Who can use Monzo Bank?
The listing describes the app as a UK service. Investing is for UK residents 18+ with Ts&Cs applying. Monzo Flex requires eligibility criteria and is for 18+. Business Banking is only for sole traders.
Are there limits on sending or requesting money with a link?
Yes. The listing states limits of £500 for requesting money and £250 for making payments with a link. Investing starts from as little as £1, and the value of investments may go up or down.
Is Monzo Bank free?
Yes. Monzo Bank is free on the App Store, with no in-app purchases.
What is Monzo Bank good for?
Monzo Bank is built for tracking day-to-day spending and getting instant payment alerts, splitting bills and sharing joint costs with friends or housemates, saving through pots and automatic roundups. It sits in the banking list on AppTierList.
Is Monzo Bank worth it?
Monzo Bank is S tier, ranked #9 of 40 banking apps with a score of 92 out of 100, from a 4.7 App Store rating across 5,688 ratings. It is in the list's top tiers; 8 apps rank above it.
How does Monzo Bank compare to EI +?
Monzo Bank is S tier at 92; EI + is S tier at 93. EI + ranks higher. Monzo Bank is free, with no in-app purchases, EI + is free, with no in-app purchases.
How often is Monzo Bank updated?
Monzo Bank was updated 7 days ago, which counts in its favour.
All the facts
- Lists
- Banking (S tier, #9) · Money Management (A tier, #16)
- Tier
- S (Best in class)
- Score
- 92 / 100
- Rank in list
- #9 of 40
- Ranking certainty
- settled
- Price
- Free
- App Store rating
- 4.7 out of 5
- Number of ratings
- 5,688
- Current version
- (7 days ago)
- App Store data read
- App Store category
- Finance
- Good for
- Tracking day-to-day spending and getting instant payment alerts, Splitting bills and sharing joint costs with friends or housemates, Saving through Pots and automatic roundups
- Requires
- iOS 17.0 or later
- Size
- 472 MB
- Age rating
- 4+
- Languages
- 2
- Runs on
- iPhone
- Developer pages
- Website · Support · Privacy policy
- Maker
- unclaimed
- As data
- JSON · why it ranks here
App Store data read · reviews · ranking · how it is computed