Monzo Bank Personal Loan
OUR RATING
Loan Amount
Total Payable
Monthly Repayment
Representative APR
Representative example will update based on your input.
Our Verdict
Monzo offers personal loans with competitive interest rates based on your loan amount and flexible features to suit your needs. You can repay early, make extra payments, or change your repayment date, all without fees. If approved, funds are usually received within minutes. Always check the terms offered.
Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.
| Issuer | Monzo Bank |
|---|---|
| Loan Type | Unsecured Personal Loan |
| Rate Type | Fixed |
| Interest Calculation Method | Amortized |
| Minimum Loan Amount | £1,000.00 |
| Maximum Loan Amount | £25,000.00 |
| Minimum Loan Term (months) | 24 |
| Maximum Loan Term (months) | 60 |
| Customer Type | Existing Customers only |
| Relationship | Monzo Current Account required |
| Acceptance Criteria | UK Resident with a Monzo Bank current account. Monzo App is required. |
| Minimum Age | 18 |
| Maximum Age | 70 |
| Debt Consolidation Limit | £25,000.00 |
Important: When consolidating your existing borrowing, you may extend the term of your debt and increase the total amount you repay.
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Options for all credit backgrounds
Representative 32.9% APR
No impact to your credit score
Mintify Limited, trading as Mintify, is an Introducer Appointed Representative of Creditec Limited who acts as a credit broker, not a lender.
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