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  1. Home
  2. Providers
  3. Monzo

Provider profile

Monzo

Business Lite, monthly fee £0 Lite plan

1

Products covered

Business bank accounts

Overview

About Monzo

Editorial summary — not an endorsement.

Monzo is listed for business bank accounts. Business Lite, monthly fee £0 Lite plan. FSCS protection up to £120,000 on eligible deposits. These are recorded comparison figures, not a personalised quote.

Confirm current FCA permissions for Monzo on the Financial Services Register before you apply.

Legal name

Monzo

Headquarters

United Kingdom

View provider

Products offered

What Monzo offers

Key product areas we track on WiT Money — rates and availability change.

Business bank accounts

Business Bank Account

Monzo business bank accounts compared on WiT Money.

£0 Lite plan

Compare in category

At a glance

Pros and cons

Recorded product facts for Monzo. Terms, eligibility and pricing can change.

Pros

  • Monzo Current Account
  • App-first budgeting and everyday banking
  • Business Lite: £0 Lite plan
  • FSCS protection up to £120,000 on eligible deposits

Cons

  • Cash deposits cost £1 on free account; ATM allowances/paid-plan rules can be complex

Compare this provider

Monzo comparisons

Selected side-by-side pages using verified overlapping facts. These are comparisons, not recommendations.

  • Monzo vs Starling Bank
  • Chase vs Monzo

Compare

Comparison links

See how Monzo stacks up against other UK providers.

Compare business bank accounts

See Monzo alongside other UK business bank accounts providers.

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FAQ

Frequently asked questions about Monzo

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