Monzo - Get paid £10-£50 to sign up (instant) 🔥
Free Money — Free Money — Monzo
Monzo is mobile banking that puts you in control of your money. They’re seen as a challenger bank. New users can get a mystery £10, £20 or £50 bonus for signing up through the refer a friend scheme.
To claim your £10-50 bonus:
Sign up here - £10-£50 personal account or £50 business account.
Add your mobile number, then accept the invite.
Download the app and complete your sign up.
Top up your account and make 1 purchases of any amount with your new card (you can use the virtual card they give you to speed this process up). You may need to activate your card on the app when it arrives.
You'll receive a £10, £20 or £50 cash bonus.
👉 [Join the discussion for this offer here]
👉 [Here’s a guide for easy ways to make payments to qualify for offers like this.]
👉 [Get notified about new offers here]
👉 [Have a referral link? Share it here]
👉 [Need to see the T&Cs for this offer? Click here]
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FAQ’s
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Yes — Monzo is a fully licensed UK bank.
Authorised by the Prudential Regulation Authority (PRA)
Regulated by the Financial Conduct Authority (FCA)
Launched in 2015 as a digital-only bank
It operates under the same regulations as traditional banks.
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Yes — your money is generally safe and protected.
Covered by the Financial Services Compensation Scheme (FSCS)
Protection up to £120,000 per person
Strong in-app security features (biometrics, card freeze, fraud alerts)
This means your money is protected if Monzo fails.
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Monzo is an app-based bank focused on budgeting and everyday spending.
Key features:
Free current account
Instant spending notifications
“Pots” for budgeting and saving
Fee-free spending abroad
Optional paid plans (Plus, Premium, Max)
It’s especially popular for budgeting and tracking spending.
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❌ No monthly fee for the standard account
⚠️ Paid plans available (£5–£17/month) for extra features
❌ No fees for spending abroad (within limits)
Most people use the free account.
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It depends on what you want.
Better for:
Budgeting tools
App experience
Spending insights
Worse for:
Branch access
Cash handling
Complex banking needs
Many people use Monzo as a secondary account.
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Yes, Monzo has a refer a friend offer.
Right now, you can get between £10-50 by signing up and making 3 purchases of any amount with your card.
You can also open an investment account with a referral link for a further £5-20 added to your account.
Have a referral link to share? Share it on our sister site here.
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In-app support (recommended)
Open the app → Chat
Available 24/7
Phone
You can request a call via the app
Monzo does not widely publish a direct phone line
Address
Broadwalk House, 5 Appold Street, London, EC2A 2AG
