Monzo Plus
APY
0.00%
Min. to Open
None required
Monthly Fee
$6.5/month
Welcome Bonus
—
Monzo Plus
Monzo Plus
£5/mo. No fees on spending abroad. £400/mo free ATM withdrawals. Virtual cards + travel tools.
Our take
Monzo Plus is the gold standard digital bank for UK-based or EU-based nomads. Spend in any currency abroad with no fees (Mastercard rate), get £400/month in fee-free ATM withdrawals globally, and manage everything from one of the cleanest banking apps available. Virtual card support, real-time spending analytics by category, and instant spending notifications make Monzo ideal for nomads who track their expenses carefully. Available to UK residents only.
Is this account right for you?
Answer a few quick questions — we'll match you with the bank accounts that fit your goals and habits.
Full details
Rate & Earnings
| APY | 0.00% |
Fees & Requirements
| Monthly fee | $6.5/month |
| Minimum to open | None required |
Features
| FDIC insured | Not available |
| Mobile app | Mobile app |
| ATM access | ATM access |
| Check writing | Not available |
Frequently asked questions
What is the current APY on this account?
The current APY is 0.00%. Rates are variable and may change. Check the bank's site for the most current rate.
Is my money protected?
Check with the institution about deposit insurance. Most US banks are FDIC insured up to $250,000 per depositor.
How do I access my money?
ATM withdrawals are available. You can transfer funds electronically to a linked checking account, typically within 1–3 business days.
How do I avoid the monthly fee?
This account charges a $6.5/month fee. Review the fee schedule to see waiver conditions.
Monzo Plus