You can try our multi-award-winning UK current account for 1 month, with no account fee1. After that, our accounts are only £4.95 per month.
You can use Monese instead of a traditional bank account to receive your wages, benefits or pension and you may even save money as we are up to 5x cheaper* than highstreet banks.
Your Monese account helps you save serious money if you travel abroad, no matter where you are in the world.
If you do a transaction that involves currency exchange, like an ATM cash withdrawal in a currency other than GBP, we'll use the real wholesale exchange rate and only charge you 0.5% of the transaction value. That's up to 8x cheaper than regular banks.
Global card use
Global bank transfers
Monese accounts are up to 5x cheaper* than 'free' current accounts with regular banks
You can forget about complex price packages or hidden charges. Just an affordable monthly fee and currency exchange at up to 8x cheaper than banks.
If for any reason you don't have money in your account when your monthly fee is due, you wont build up debt or owe us anything. You can just resume paying when you next deposit funds.
|Monthly account fee||£4.95||Per month||-|
|Your UK current account||£0||-||-|
|Contactless Visa debit card||£0||-||-|
|Receive salary or other payments||£0||-||-|
|Global card purchases||£0||-||-|
|Global bank transfers||£0||-||-|
|Instant Monese payments||£0||-||-|
|Mobile transaction notifications||£0||-||-|
|In-app balance checks||£0||-||-|
|In-app card management||£0||-||-|
|ATM PIN change (UK only)||£0||-||-|
|In store cashback (UK only)||£0||-||-|
|Account help and support||£0||-||-|
|10 ATM withdrawals globally||£0||-||-|
|Additional ATM withdrawals||£0.50||Per transaction||-|
|Physical cash deposits (UK only)||2.5%||Per transaction||-|
|Non-GBP card purchases||0.5%||Per transaction||Wholesale2|
|Non-GBP ATM withdrawals||0.5%||Per transaction||Wholesale2|
|Non-GBP outgoing bank transfers||0.5%||Per transaction||Wholesale|
*Based on a comparison of the Tariffs of Retail Banking in Thirteen Countries by Van Dijk Management Consultants, 2013 and Monese’s analysis of the cost of account ownership across the top 5 banks in the UK with a combined market share of 85%. The USD/GBP Exchange rate at the time of data collection was 0.62 (November 2012).
1There will be no monthly fee to pay during the 30 day trial period, however any currency exchange transactions will be charged as normal (as defined in our terms and conditions).
2We charge a £1 minimum for any bank transfers that require currency conversion. For non-GBP card purchases and non-GBP ATM usage your money is converted at the wholesale Visa Europe rate on the date they process the transaction, which may differ from the actual transaction date. Some retailers may charge additional fees.
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Open a UK account in minutes