Monzo Review 2026: How Monzo Can Make You Money

Updated March 2026 — Monzo has over 8 million UK users. But can it actually make you money? Yes — here is how.

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Quick Verdict: Can Monzo Make You Money?

Yes! Here are the ways Monzo can boost your bank balance:

• 10 GBP sign-up bonus for new customers
• Up to 3.50% AER interest on savings
• Cashback at retailers and restaurants
• Round-ups that save spare change automatically
• 5% interest on Level Up challenge pots
• Free UK current account with no monthly fees

How Monzo Makes You Money

1. 10 GBP Sign-Up Bonus

New Monzo customers get a 10 GBP bonus when they switch or open an account. Not huge, but a nice start.

2. Savings Interest (Up to 3.50% AER)

Monzo offers competitive interest rates on savings:

• Standard: 3.00% AER
• Premium/Perks: 3.50% AER

That beats many high street banks! Open a savings pot and your money grows tax-free.

3. Cashback Offers

Monzo partners with retailers to offer cashback. Just pick your offers in the app and shop. Earn money back on:

• Popular restaurants
• Supermarkets
• Online shopping
• Travel bookings

4. Round-Ups (The Smart Way to Save)

Monzo round-ups automatically round every purchase to the nearest pound and save the difference. Last year alone, Monzo users saved 360 million GBP through this feature!

Example: Buy coffee for 3.70 GBP — Monzo rounds up to 4.00 GBP and saves 0.30 GBP automatically.

Over a year, that adds up to 100+ GBP without you noticing.

5. Level Up Challenge (5% Interest!)

Monzo Level Up helps you build savings habits. Save consistently and earn 5% interest on your challenge pot — one of the highest rates available!

6. ISA Options

Monzo offers Instant Access Savings and Cash ISAs:

• Up to 3.50% AER on savings
• Tax-free interest ( ISA protection)
• No withdrawal fees

7. Get Paid Early

Monzo offers early salary access — get paid up to 2 days before your regular payday. Not directly making you money, but helps avoid overdraft fees.

Monzo Plans

Pros and Cons

Pros

• Excellent app experience (rated 4.7/5 on Trustpilot)
• Powerful budgeting tools (pots, round-ups)
• No fees on card spending abroad
• FSCS protected up to 85,000 GBP
• 8+ million UK users — proven and trusted
• Real-time spending notifications

Cons

• Cash deposits cost money (via PayPoint)
• Limited cashback compared to some reward accounts
• Premium plans cost money

Is Monzo Safe?

Yes. Monzo is a fully licensed UK bank:

• FSCS protected up to 85,000 GBP
• Regulated by the FCA
• Bank-grade security with 2FA
• Instant card freeze in-app

Our Verdict

Monzo is excellent for:

• Budget-conscious users who want to save automatically
• Anyone who wants a simple, modern bank account
• People who want competitive savings rates
• First-time account holders

The round-ups feature alone has saved users 360 million GBP. That is incredible.

Bottom line: Monzo will not make you rich, but it will help you save more and earn interest on your money.

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Last updated: March 2026

Revolut Review 2026: Is It Safe? Features, Fees and Honest Verdict

Updated March 2026 — Revolut has over 70 million users worldwide. But is it actually safe? Is it worth it? This in-depth review covers everything you need to know.

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Quick Verdict: Is Revolut Worth It?

Yes — if you travel abroad, send money internationally, or want an all-in-one finance app. The free Standard plan delivers real value.

• Rating: 4.7/5 on Trustpilot
• Users: 70+ million worldwide
• Best for: Fee-free spending abroad, international transfers, budgeting
• Cost: Free (Standard) to 14.99 GBP/month (Metal)

What Is Revolut?

Revolut is a digital banking app that launched in 2015. It started as a prepaid card but has evolved into a full financial super-app. In July 2024, Revolut received its UK banking licence, meaning your money is now protected.

Key Features

1. Fee-Free Spending Abroad

This is Revolut’s standout feature. Spend in foreign currencies on weekdays and you get the interbank exchange rate — the same rate banks use to trade with each other.

My experience: Used Revolut in Japan. Saved roughly 3-4% compared to my regular bank. On a 2000 GBP holiday, that’s 60-80 GBP saved.

2. International Money Transfers

Send money to 30+ countries at the real exchange rate. Compare that to traditional banks who often charge 15-25 GBP per transfer plus poor rates.

3. RevPoints Rewards Programme

Earn points on everyday spending. These can be redeemed for discounts at popular retailers, crypto rewards, charity donations, and hotel bookings.

4. All-In-One Finance App

• Trading: Stocks (including US stocks), crypto, ETFs, commodities
• Savings: Pockets (separate savings pots) with auto-save features
• Insurance: Travel, phone, pet — pay per day, cancel anytime
• Budgeting: Spending analytics by category, merchant, country
• Virtual Cards: Unlimited virtual cards for safe online shopping
• Early Salary: Get paid up to 2 days early

5. Security Features

Is Revolut safe? Yes. Bank-level 256-bit encryption, two-factor authentication (2FA), instant card freeze/unfreeze in-app, and FSCS protection now applies (banking licence).

Revolut Plans and Pricing

Who Is Revolut Best For?

Revolut is ideal for:

• Frequent travellers — Save 50-100+ GBP per trip on fees
• Expats and remote workers — Send money home cheaply
• Budget-conscious users — Free Standard plan has real value
• Crypto/stock beginners — Easy-to-use trading platform
• Anyone wanting one app for all finances

Pros and Cons

Pros

• Fee-free spending abroad (weekdays)
• Cheap international transfers
• Excellent mobile app (rated 4.7/5)
• All-in-one financial platform
• 70+ million users — proven track record
• Now has UK banking licence (FSCS protected)

Cons

• Weekend FX fees (0.5-1%)
• Not a traditional bank (though getting there)
• Premium features require paid plans

Is Revolut Safe in 2026?

Yes. Revolut got its UK banking licence in July 2024. Your money is now FSCS protected up to 85,000 GBP. Bank-level encryption and 2FA. Rated 4.7/5 on Trustpilot.

Our Verdict

Revolut is genuinely useful for most people. The free Standard plan delivers real value — especially for anyone who travels abroad even occasionally, sends money to family abroad, or wants better control over their finances.

Bottom line: Revolut is not a gimmick. It’s a legitimate financial app used by 70+ million people for good reason.

Join Over 70 Million Users

Ready to try Revolut? Join me and millions of others who use Revolut every day.

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Last updated: March 2026