Monzo, with a little Extra

Monzo Extra is our £3 a month account upgrade that helps make budgeting that bit easier. It gives you all the best of Monzo money management, so you can see your other banks and credit cards in Monzo, get helpful credit insights, and create custom spending categories.

Monzo Extra also gives you exclusive access to our plan-only features.

Only you can decide what's worth spending your money on, but we try to offer plans to suit everyone. Monzo Extra’s features help you tame your money and get the most from every pound for just £3 a month. Create custom spending categories so you can really zoom in on your spending habits, then check in on your credit health (with a handy checklist to help you).

You can also start our Saving Challenge at any time of year with Extra, and unlock 5% AER (variable) on your challenge savings (paid monthly). Plus, you get a 0.25% AER (variable) boost on Instant Access savings, and the ability to multiply your your spare change with advanced round ups, to really help those savings grow!

You’ll also get access to Billsback®. We pay back 1,000+ bills for Extra, Perks and Max subscribers every month. If your bill is selected, we'll automatically pay the amount back to your account (up to £150).

So for £3 a month, your money has the potential to go that extra bit further.

While our free account has great basics, Monzo Extra gives you a few powerful tools to help you stay on top of your budgeting.

For example, Extra unlocks virtual cards linked to your Pots. Got a monthly budget for books or brunch? Whatever you’re budgeting for, add that money to a Pot, then pay straight from it with a virtual card. It’s a great way to separate your spending (so you don’t accidentally spend the rent money). You can create a maximum of 9 new virtual cards every 30 days but only 5 can be active at any time.

Love a spreadsheet? So do we. We’ll automatically add your transactions to a Google Sheet in real-time. You’ll have a live record of all the money coming in and going out to review or organise however works for you.

The free version of credit insights only includes one score, with monthly updates. With Monzo Extra, you get a clearer picture of your credit health with weekly updates for both your Equifax and TransUnion scores.

You can also see your full TransUnion credit report whenever you like. We’ll send you real-time alerts if there’s a search on your credit file, so you can act fast if something doesn't look right.

We also show you exactly what’s affecting your scores and give you a list of actions which could help improve them. You can even see the estimated impact each action might have, so you can learn more about how lenders see you.

Billsback® is a feature available to our Monzo Extra, Perks, and Max subscribers. Each month, you'll have the chance to get your bills paid back by us, up to £150 per bill. We pay back at least 1,000 bills every month.

To be eligible, you need to have a Monzo Extra, Perks or Max subscription. Any bill from our agreed providers list over £1, paid from your personal account, is eligible to be paid back.

Got a joint account? As long as one of you is an Extra, Perks or Max subscriber, your eligible joint bills are in with a chance too. If you’re both subscribers, you’ll both need to be opted in to Billsback™.

At least 1,000 bills will be chosen each month through a random draw. If your bill is selected, we'll automatically pay the amount back to your account (up to £150). There's nothing you need to do to enter! You can find the full list of providers included in the app here.

You can move between our plans at any time (Monzo Max has a 3 month minimum term).

Just head to your Monzo app and tap on your current plan. You’ll see the option to see our other plans and choose the one you want.