Banking
Monzo
Monzo Personal - Get a Mystery £10, £20 or £50 Bonus
Open your first Monzo personal current account through a referral and, after completing the qualifying requirements, you could receive a mystery cash reward of £10, £20 or £50.
- Easy
- UK Only
- Banking
Secure link • Takes you directly to the Monzo website.
- Last checked:
- 11 September 2026
- Category:
- Banking
Looking for a Business Account?
Monzo also offers a Business referral programme where eligible new business customers can earn a £50 cash reward after opening a qualifying Monzo Business account.
View Monzo Business OfferWhat is Monzo?
Monzo is a UK digital bank designed to help you manage your money through an easy-to-use mobile app. Features include instant spending notifications, budgeting tools, savings pots, virtual cards and fee-free UK banking.
New customers who open their first eligible personal account through a referral can receive a mystery cash reward of £10, £20 or £50 once the qualifying requirements are complete.
How To Claim Your Cash Reward
Follow these simple steps.
- 1
1. Open Your Account
Open a new Monzo personal account using the referral button below.
💡 Tip: When you tap Get Your Bonus, Monzo will first show an account selection screen. Make sure you choose Personal Account to qualify for this offer. If you want the £50 Business referral instead, choose Business Account or visit our Monzo Business offer page.
- 2
2. Accept Your Invitation
Enter your mobile number and accept your invitation.
- 3
3. Download The App
Download the Monzo app and complete your account registration.
- 4
4. Top Up And Spend
Add money to your account and complete one qualifying card purchase. Where available, you may be able to use your virtual card before your physical card arrives.
- 5
5. Receive Your Reward
After your qualifying purchase has been processed, you'll receive a mystery reward of £10, £20 or £50.
Important
This referral offer is available to eligible new Monzo customers only. Rewards vary between £10, £20 and £50 depending on the promotion. Referral offers and qualifying requirements may change at any time. Always review the latest Monzo referral terms before signing up.
- UK residents aged 18 or over
- Must open an eligible Monzo personal account
- Referral required
- Complete one qualifying card purchase
Frequently Asked Questions
Click a question to view the answer.
What is Monzo?
Monzo is a UK digital bank that runs through a mobile app, offering instant spending notifications, budgeting tools, savings pots, virtual cards and fee-free UK banking.
Who can claim the reward?
The reward is available to new Monzo customers who are UK residents aged 18 or over, open their first eligible personal account through a referral and complete the qualifying requirements.
Why is the reward a mystery?
Monzo randomises the referral reward, so the amount you receive is only revealed once your qualifying purchase has been processed. It is normally £10, £20 or £50.
Do I need to make a purchase?
Yes. You need to add money to your account and complete one qualifying card purchase before the reward is paid.
Can I use my virtual card?
Where available, you may be able to use your virtual card for the qualifying purchase before your physical card arrives.
How long does the reward take?
The reward is normally paid shortly after your qualifying card purchase has been processed. Timings can vary depending on Monzo's checks.
Can existing customers claim it?
No. The referral reward is only available to new Monzo customers opening their first eligible personal account.
Is Monzo FCA regulated?
Yes. Monzo Bank Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
If you sign up using the link provided, we may receive a reward at no additional cost to you. We review our offers regularly to help keep the information as accurate and up to date as possible.
Read our affiliate disclosure.
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