Offer Summary
How to Claim This Offer
Step 1
Click my referral link and choose personal (£5-£50 random) or business account (£50 guaranteed)
Step 2
Download the Monzo app, complete sign-up and verification, and apply within 30 days
Step 3
Top up your new account by at least £1
Step 4
Make any purchase using your Monzo card within 30 days of opening your account
Step 5
Receive your bonus instantly after your purchase The basic current account is free with no monthly fees. 18+ UK residents only.
About Monzo
Monzo is a UK digital bank offering current accounts and business accounts with FSCS protection up to £85,000. The app provides budgeting tools, instant spending notifications, and fee-free spending abroad. All accounts are fully regulated by the FCA and come with a contactless debit card.
Sign Up Bonus Details
New Monzo customers receive a random bonus of £5, £10, £20, or £50 when opening a personal current account, or a guaranteed £50 for opening a business account. Sign up using my referral link, apply within 30 days, top up your account by at least £1, and make any card purchase within 30 days of opening your account. Your bonus is credited instantly after your first purchase. Both you and the person who referred you receive the bonus. The basic current account is completely free with no monthly fees. 18+ UK residents only.
Bonus amount: £5 - £50
Minimum Spend: £1
Refer a Friend Bonus
When you refer a friend to open a Monzo current account and they complete their first card purchase, you'll both receive a random bonus of £5, £10, £20, or £50 for personal accounts, or a guaranteed £50 for business accounts. Your unique referral link can be found in the Monzo app. There's no limit to how many friends you can refer, making this a great way to earn extra money while helping friends discover Monzo's banking services.
Referrer reward: £5 - £50
Referee reward: £5 - £50
Important Information
Frequently Asked Questions
Monzo is currently offering £5 - £50 as a bonus for new customers. You need to deposit at least £1 to qualify.
Monzo has a refer a friend programme rather than a promo code. You can earn £5 - £50 for each friend you refer. Your friend gets £5 - £50 too.
You will need to deposit at least £1 to qualify. Check Monzo's terms for any withdrawal restrictions.
Monzo is a legitimate platform. As with any financial offer, read the terms and conditions before signing up.
Payout times vary. Check the terms on the Monzo website for specific timescales.
Advertiser Disclosure
Scrimpr may receive compensation when you click on links and sign up with featured partners. This does not influence my rankings or recommendations, which are based on independent research and analysis. All offers are verified before inclusion.
