Monzo referral: expect £10, with a small chance of £20 or £50
Monzo's referral terms give a new UK customer 30 days from entering their mobile number on the invite page to open an account, add money and make one card payment. Your reward is random: £10 for 94 people in 100, £20 or £50 for the rest, and only £5 in some cases. Open it for the account, not the bonus.
Read our full assessment →Quick answer
Use the referral link for the Monzo offer. New eligible customers can get £10, £20 or £50 after meeting the requirement: Add money (any amount) and make one eligible Monzo card payment within 30 days. Last verified 2026-10-11.
- Reward
- £10, £20 or £50
- Referral code
- No code required
- Last verified
- 2026-10-11
- Difficulty
- Easy
- Time to claim
- 10 minutes
- Time to payout
- No timeframe in the terms: Monzo shows the reward in the app once the referral is complete
Ad / referral links — we may earn a bonus when you sign up.
How to claim
- Open the referral link above and enter your mobile number on the invite page (this starts the 30-day clock).
- Download the Monzo app.
- Apply for a Monzo current account; Monzo says it takes about 10 minutes.
- Complete identity verification and add some money (no minimum).
- Pay for something with your Monzo card, online or in person. Apple Pay or Google Pay works before the physical card arrives, but a payment with a separately created Monzo virtual card doesn't count.
- Monzo shows your reward in the app once the referral completes; the terms give no timeframe.
Eligibility & requirements
- UK resident aged 16 or over who has never opened a Monzo account.
- Enter your mobile number through the referral link, then within 30 days open a UK Monzo current or business account, add money (any amount) and make one card payment.
- Card purchases online or in person count, including Apple Pay and Google Pay; cash withdrawals, money transfers and payments with a Monzo virtual card don't.
- Your reward is random: £10 (94%), £20 (5%) or £50 (1%). It is £5 if the person who invited you has already made 100 referrals or also holds a Monzo business account, unless the referral completes under the business scheme.
- Monzo can pay more or less than this, or nothing, and can refuse or reverse a reward for suspected fraud or gaming. Using the link doesn't guarantee your application is approved.
Verification notes
- Minimum spend/deposit
- Add money (any amount) and make one eligible Monzo card payment within 30 days
- Last verified
- 11 October 2026
- Automated source check
- 15 September 2026
Provider terms can change without warning. Treat this as a verification snapshot and confirm the live terms before applying.
Pros
- Quick to apply: Monzo says about 10 minutes in the app.
- Low barrier: add any amount and make one card payment.
- 90% of cards arrive the next day if ordered before 3pm on a weekday (2 to 5 working days when Royal Mail is busy), and Apple Pay or Google Pay works before then.
- No monthly fee on the free account and no Monzo fee on card payments abroad.
- Instant spending notifications and budgeting tools.
Watch out for
- The likely reward is £10 (94 people in 100); £20 or £50 only for the other 6.
- No physical branches.
- Referral link required — direct sign-ups don't get the bonus.
- Monzo can pay more, less or nothing, and using the link doesn't guarantee approval.
FAQ
- What payment counts?
- A Monzo card purchase online or in person, including Apple Pay or Google Pay before the physical card arrives. Cash withdrawals, money transfers and payments with a Monzo virtual card don't count.
- How much will I get?
- It is drawn at random: £10 (94%), £20 (5%) or £50 (1%), about £10.90 on average, so expect £10. It is £5 if the person who invited you has already made 100 referrals or also holds a Monzo business account.
- Do I need to switch my main bank?
- No. This referral is a sign-up route, not a full Current Account Switch Service offer.
Related offers
Provider
Chase UK
Chase pays you £50 when you activate a single-use referral code in the app and pay in £1,000 in total within 30 days of opening your first account. Chase only lets customers send codes to people they know, so request a private invite from this page rather than relying on a public code. Move the £50 out of Rewards before you ever leave Chase.
Requirement: Activate a personal single-use code and pay in £1,000 in total within 30 days of opening your first Chase account
MediumApproval and invitation availability varyPayout Added to your rewards balance straight away once you reach £1,000 (Chase emails you); redeem it before leaving Chase
Verified 11 October 2026
Provider
Zopa Biscuit
Open a Biscuit bank account through GetQuids' Zopa invite link and you get £20, provided you've never used the Zopa app or held a Zopa product. Enter your mobile number on the invite page first and finish within 30 days; the live invite terms control.
Requirement: None on this invite: open a Biscuit account through the link within 30 days of entering your mobile number
Easy5-10 minutes; opening can take up to 2 working daysPayout Within 30 days of qualifying
Verified 12 October 2026
Provider
Monese
Monese's invite page pays £5 for activating the physical card and making one card payment, and £5 more after £500 of spending, within a year of opening. After a £0.99 transfer in, that's about £9 net, or about £4 if you're charged £4.95 for card delivery. Worth it only if you need a stopgap account anyway.
Requirement: Stage 1: activate the physical card and make one card payment; stage 2: £500 of card spending or qualifying transfers, within 1 year
EasyApplication, card delivery and qualifying activity varyPayout Each £5 once the qualifying transaction settles (up to 72 hours); both stages within 1 year of opening
Verified 12 October 2026
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Added 16 June 2026 · Last updated 11 October 2026. Offers and terms change frequently - always confirm on the provider's site before applying.