Name: Monzo
Tool Category: Finance
Tool Language: English
Price: Freemium 

Tool Description:

A bank that lives on your smartphone and built for the way you live today, targeted to UK residents at the moment:

  • Payments and cash withdrawals in the UK and payments abroad are all free, with no added fees.
  • You can withdraw up to £200/month for free, after which you’ll be charged a 3% fee.
  • Doesn’t add any fees or charges for spending with your card, and Monzo doesn’t mark up the exchange rate.


Your Review of The Tool:
A UK mobile banking service that allows you to manage and control your money in real time through its app; however is only available to UK residents.

Rate the Tool:

What are the tool “pros” & benefits?:

  • Free payments and cash withdrawals in the UK.
  • Free payments abroad.

What are the tool “cons” & issues?: 

  • You need to be resident in the UK to get a Monzo card.

Like it? Share it!

No reviews yet.

Please add your comment sharing more about why you would recommend this tool or not and how could it be better?