- Interchange fees (Monzo take ~1% of every card transaction)
- Packaged account fees (Monzo Plus, Premium and business Pro)
- Lending (Overdrafts, Personal Loans, Credit Card)
- Interest on bank deposits
- Packaged account fees (Monzo Plus, Premium and business Pro)
- Lending (Overdrafts, Personal Loans, Credit Card)
- Interest on bank deposits
Cash withdrawal in pounds in the UK: First £250 in a rolling 30-day period free, 3% after that
Cash deposit: £1 per deposit to pay in cash at any PayPoint
At least £500 was paid into a Monzo account in your name over the last rolling 35-day period, and you have at least one active Direct Debit on the same account in the same period.
You’ve received a Department of Work and Pensions or a Department for Communities’ payment into a Monzo account in your name over the last rolling 35-day period.
You’ve received a student loan payment into a Monzo account in your name over the last rolling 8-month period.
You’re sharing a Monzo Joint Account with someone who has done at least one of the above.
if you lose your job, you're now being charged 3% to pull your own money out
(and regardless: they still charge you to deposit your own money, unheard of for retail customers)