Monzo Student Discounts

Yes, Monzo Bank Ltd is fully authorised in the UK by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA. Our Financial Services Register number is 730427.

It's really easy! Just download the Monzo app on either iOS or Android, sign up in just a few minutes and you're done.

Your eligible deposits in Monzo are protected by The Financial Services Compensation Scheme (FSCS), up to a value of £85,000 per person.

Yes – with Monzo you can organise your money into Pots for food shopping, nights out or something you’re saving for. That way, you’re always in control of how much you spend. You can even hide or lock Pots if you’re tempted to dip into them early.

Yes, we have different savings accounts so you can choose what suits you best. If you want to access your savings whenever you like, you might find that the best option is our Instant Access Savings Pot. Your money will grow with interest (variable, paid monthly) and you can take it out any time.

Absolutely – you can send and receive money from your pals in just a few taps. So you can skip those awkward ‘have you paid me back yet?’ conversations.

You can even split costs with friends who aren’t on Monzo (yet) by sending a quick link or using Bluetooth if they’re nearby. And say thanks with emojis 🙌

Yes, and we have more good news. Monzo lets you spend in any country with no fees. That way, you’ll have some extra money for treating yourself.

You could save up to 2.99% in transaction fees vs high street banks. That’s because we pass Mastercard’s exchange rate directly on to you, without sneaky fees or extra charges.