What it does
Monzo offers UK current accounts with Pots for separating bills and savings from everyday spending. Salary Sorter divides incoming pay between those purposes, while the app tracks purchases and lets you freeze a misplaced card. The basic personal account is free; optional Extra, Perks and Max plans add paid benefits.
Keeping bill money separate
Salary Sorter divides incoming pay between the purposes you choose. A dedicated bills Pot can fund Direct Debits and standing orders, so the amount reserved for those payments is separate from your everyday balance.
Monzo account prices
| Account or plan | Monthly price | Main difference |
|---|---|---|
| Free | £0 | Personal current account and everyday budgeting |
| Extra | £3 | Additional money management tools |
| Perks | £9 | Extra features plus partner benefits |
| Max | From £19 | Perks plus travel and phone insurance and breakdown cover |
The personal account is for UK residents aged 16 or over. Paid plans start at 18; Max is for ages 18 to 69 and has a three-month minimum term. Its insurance has separate terms and exclusions.
Choose Open a free Monzo account, answer the application questions and complete the requested checks. Once the account is open, the card can be added to a digital wallet.
Strengths
- Salary Sorter allocates income between Pots.
- Bills can be paid from a dedicated Pot.
Watch out for
- UK residency is required; age requirements differ between the free account and paid plans.
- Max has a three-month minimum term and separate insurance conditions.
Best for
- UK residents who want account-level bill and income organization
Sources
- Monzo | Open a Free Account (Oct 25, 2026)
- Monzo current accounts (Oct 27, 2026)
- Monzo plans and monthly prices (Oct 27, 2026)