Can I get a Monzo credit card?
Can anyone get a Monzo card
To open a Monzo account you need to be at least 16 years old and live in the UK full time, with the right to reside here. Before you start, you'll need your mobile phone and a valid ID. We accept your: Passport.
Why do people get Monzo cards
Monzo offers all the usual current account services such as receiving your salary, setting up direct debits, standing orders, withdrawing cash with a contactless Mastercard and transferring money. But it also lets you manage your money as well as just hold it.
Is Monzo available in USA
Please note that there is also a separate bank Monzo US. If you moved to the US and want a US account maybe Monzo US will be suitable for you if it supports all the things needed in the US.
Can I get a credit card from Monzo
We do offer a credit card alternative, called 'Monzo Flex'
Monzo Flex comes with a virtual Mastercard. If eligible, you can use it to spread the cost of purchases over 3 instalments interest free, or over 6 or 12 instalments at 24% APR representative (variable).
Can I use Monzo outside UK
Spend abroad with no fees
Pay anywhere in any currency, fee free. We pass Mastercard's exchange directly on to you, without sneaky fees or extra charges.
Why would you be declined a Monzo card
It's likely the merchant hasn't configured their systems correctly to accept our cards. In this case you won't see a decline message in your app. We can reach out to them for you to try and fix the issue.
Can you still use Monzo abroad
Spend abroad with no fees
Pay anywhere in any currency, fee free. We pass Mastercard's exchange directly on to you, without sneaky fees or extra charges.
Is Monzo a Visa or Mastercard
Mastercard
This is our debit card. It's a normal Mastercard and should work anywhere that accepts Mastercard, backed up by a full UK current account held at Monzo. Monzo is a fully licensed bank, authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA.
What is the US version of Monzo
The bank Simple is probably the closest to Monzo in the US in terms of mobile banking features, but it was acquired by BBVA and hasn't made a big dent in the complex US market that still relies on cash for many transactions.
What banks are like Monzo in USA
Banking made easy
The best alternatives to Monzo are Bobby App, Digit, and N26. If these 3 options don't work for you, we've listed over 20 alternatives below.
Does Monzo have a credit limit
You can request a limit increase as often as you like, each time you'll need to confirm your personal details and we'll make sure you can afford to borrow more from us before increasing your credit limit.
What credit card is like Monzo
The main alternatives to Monzo are Starling and Revolut. N26 was a big player here but has recently closed down in the UK. Cashplus and Monese are a bit smaller, but should fill that gap in the market.
Can I have a US and UK Monzo account
Unfortunately joint accounts are only available between users in the same country. So Monzo US customers are only able to share a joint account with other US customers, and UK customers can open a joint account with other UK customers.
Can I use my US Monzo account in the UK
Use Monzo anywhere in the world that accepts Mastercard. We don't charge any fees for spending abroad, and we don't mark up the exchange rate – unlike most other banks.
Does getting a Monzo card affect credit score
If you decide to go ahead with Flex, once you've read the key information and accepted the credit agreement, we'll let the Credit Reference Agencies know by running a hard search. That will leave a record, and using Flex will affect your credit score like any other credit product.
Does getting rejected from Monzo affect credit score
It uses what's called a 'soft search', which won't impact your credit score and other lenders won't be able to see it.
Is it worth using Monzo abroad
If you use Monzo, paying in the local currency could save you money. When you use your Monzo card abroad, we pass Mastercard's exchange rate directly onto you. And we don't add any extra fees or charges when you pay with your card.
Why is Monzo so good
It is a very popular digital bank for UK customers, with a full banking license. The company is regulated by Financial Conduct Authority. Monzo is an excellent choice if you live in the UK, a digital bank that could easily replace your old bank.
Is Monzo only for the UK
All you need is to live in the UK and have a UK address. If you don't have a UK address, we can't offer you a Monzo account.
Is Monzo like a credit card
Monzo Flex is a fresh take on credit. Know upfront exactly what you'll pay, with any interest broken down and no hidden costs. And you'll always have a clear plan to pay back purchases. There's Section 75 protection on eligible purchases made with your virtual card, just like you'd get on a credit card.