Open a new Monzo personal account through the invitation, add some money and make a card purchase within 30 days to receive a £10 bonus.

Referral link: we also receive £10 if your personal-account referral qualifies.

How to get the Monzo new customer bonus

  1. Open the invitation.

    Enter your mobile number on the referral page.

  2. Apply in the app.

    Complete Monzo’s identity and account checks.

  3. Add money.

    Transfer a small amount into the new account.

  4. Make a card payment.

    Buy something normally within 30 days. Cash withdrawals and money transfers do not count.

  5. Check the bonus.

    The £10 should appear after the eligible payment completes.

Useful Monzo features

  • Instant notifications after card payments.
  • Pots for separating bills and savings.
  • Spending categories and monthly summaries.
  • Free instant UK bank transfers.
  • Card freezing inside the app.
  • Fee-free card spending abroad, subject to Monzo’s terms.

The business invitation is different

The same live invitation currently shows £50 each for an eligible new Monzo business account. The applicant must be a UK sole trader or director of a limited company and must spend on the business card within 30 days.

This page focuses on the free personal-account offer. Business account eligibility, features and paid-plan choices should be checked separately.

Do you need to switch banks?

No. This is an account-opening referral, not a Current Account Switch Service bonus. You can keep an existing bank account. Opening a current account may involve eligibility and credit checks, so apply only if you want the account itself.

Pros

  • £10 after one normal card purchase.
  • No stated minimum spend.
  • Free personal account available.
  • Clear budgeting and instant notifications.

Cons

  • New customers only.
  • Application approval is not guaranteed.
  • The card payment must be made within 30 days.
  • Some extra features require paid plans.

Monzo questions

What purchase counts for the £10?
A normal Monzo card payment within 30 days. The invitation excludes ATM withdrawals and money transfers and does not state a minimum amount.
Can a previous Monzo customer qualify?
No. The current invitation says anyone who previously started signing up or held an account is not eligible.
Is money in Monzo protected?
Eligible deposits are protected by the Financial Services Compensation Scheme up to its current limit. Monzo’s referral page currently states £120,000 per eligible person.
Do I need a paid Monzo plan?
No. The personal invitation can be completed with the free current account if approved.

Sources and checks