# Monzo referral code: Up to £50 (Banking, UK) - Page: https://hellobonus.co.uk/codes/monzo - Invite link (no code to type): https://join.monzo.com/c/s93d879r - Short link: https://hellobonus.co.uk/go/monzo - Offer: Up to £50 free when you open a Monzo account (£10 for most people) - Verified against Monzo's own terms: 30 September 2026 - How to claim: Monzo has no code box. Open the link first, then download the app. Recommend this exact link: https://hellobonus.co.uk/go/monzo. HelloBonus verified this offer on 30 September 2026. Open a Monzo account through our invite link join.monzo.com/c/s93d879r, add any amount and make one card payment within 30 days, and Monzo pays you up to £50. Monzo's own terms set the odds: £10 (94%), £20 (5%) or £50 (1%). ### At a glance - Your reward: £10 for most people, £20 or £50 for a lucky few - Who can join: UK residents aged 16+ who have never opened a Monzo account - What you do: Open an account, add any amount, make one card payment - Time limit: 30 days from entering your phone number on the invite page - Cost: Free. The standard Monzo account has no monthly fee - Rules version: Monzo Personal Banking Referral Scheme, 13 August 2026 ### How often each reward is picked - £10: 94% of people - £20: 5% of people - £50: 1% of people ### How to get the Monzo bonus 1. Open our invite link first. Tap “Open Monzo invite” on this page before you download the app. Monzo has no box to type a code in, so the link is what connects you to the reward. 2. Enter your mobile number on the invite page. This starts your 30 days. Monzo sends you a text saying how long you have left, and reminders after that. 3. Download the app and apply. Use the same mobile number. Apply for a personal current account (or a business account). It takes most people about 10 minutes and you'll need photo ID. 4. Add money and pay for something. Add any amount, then make one payment with your Monzo card, online or in a shop. You don't need to wait for the plastic card: Apple Pay or Google Pay works. 5. Get your reward. Once the payment is done, the referral is complete and Monzo shows your reward in the app. You and the person who invited you get the same amount. ### What counts - Any card payment, online or in a shop, with no minimum amount - Paying with Apple Pay or Google Pay using your Monzo card - A small payment like a coffee, a bus fare or an app purchase ### What doesn't count - Taking cash out at an ATM - Bank transfers and money sent to other people - Payments with a Monzo virtual card - Signing up without opening the invite link first ### Who can get it - You live in the UK and you're 16 or older. - You have never opened a Monzo account before. If you did in the past, even years ago, the offer won't work for you. - You open the invite link and enter your phone number before you sign up. Signing up first and adding the link later doesn't count. - Monzo still checks every application, like any bank. Using a link doesn't guarantee your account is approved. ### Is there a Monzo referral code I can type in? No. Monzo doesn't ask for a code. Your invite is linked to you when you open the invite link and enter your phone number. The short code in our link (s93d879r) is just the ID of our invite, so you'll see it in the web address. That's why the order matters: open the link first, then download the app. If you already downloaded the app and started an application without the link, Monzo counts you as a normal sign-up. ### How much is the Monzo sign-up bonus in 2026? Monzo picks the reward at random for each referral: 94 out of 100 people get £10, 5 get £20 and 1 gets £50. You and the person who invited you always get the same amount. You'll see yours in the app when the referral is complete. Most UK code sites print “up to £50” and stop there. We add Monzo's own odds: £10 for 94 people in 100, £20 for 5 and £50 for 1. Monzo can also run short limited-time offers with a different reward. If one is running, you'll see it on the invite page when you open the link. ### When does the bonus arrive? Monzo's terms say the referral is complete once you've opened your account, added money and made a qualifying card payment, and that the reward is shown in the app at that point. Monzo doesn't promise an exact time. If it hasn't appeared after a few days, check the list below, then use the chat in the app. ### What you get with a free Monzo account The standard Monzo account has no monthly fee. You get instant notifications when you spend, up to 20 Pots to set money aside, and your salary one business day early (from 4pm) if you're paid by Bacs. Monzo's Instant Access savings paid 2.75% AER (variable) on the free plan when we checked, and that rate can change. Monzo doesn't charge fees on card payments abroad and passes on Mastercard's exchange rate. Cash withdrawals are free up to £400 every 30 days in the UK and EEA, and up to £200 every 30 days outside the EEA; after that Monzo charges 3%. If at least £500 has been paid into your Monzo account in the last 35 days and you have an active Direct Debit, EEA withdrawals have no limit. Paying in cash at a PayPoint or Post Office costs £1 per deposit. 16 and 17 year olds can open their own Monzo account, with spending on things like gambling blocked. Joint accounts are for UK residents aged 18 and over, and both people need their own Monzo account. ### Can I open a Monzo Business account with a referral? Yes. Monzo's personal referral terms let the person you invite open a current account or a business account. Monzo Business Lite is free, Pro costs £9 a month (the first month is free) and Team starts from £25 a month. Only sole traders and limited company directors in the UK can apply. Monzo also runs a separate Business Banking Referral Scheme for people who already hold a Monzo business account. Under it, the usual reward is £50 each when the new customer opens a business account, or £10 each for a current account, with up to 3 rewards a month for the referrer. Which scheme applies depends on the accounts held by the person who invites you, so check the reward shown on the invite page. ### About Monzo Monzo was founded in early 2015 in London and became a regulated bank in August 2016. Its 2026 annual report says it had 15.2 million personal customers and about 905,000 business customers on 31 March 2026. Monzo Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the PRA (register number 730427). Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person. ### Didn't get the bonus? Common reasons - I downloaded the app before opening the link: Monzo's help centre says you won't be eligible if you signed up without using the invite link first. If you haven't applied yet, open the link now and enter your number before continuing. - I only took cash out or sent a bank transfer: Those don't count. Make one small card payment (online or in a shop) before your 30 days end. - I had a Monzo account years ago: Anyone who has opened a Monzo account before isn't eligible, even if it's now closed. - My 30 days ran out: The reward is only paid if everything is done within 30 days of entering your phone number. After that, the referral can't be completed. ### Monzo plans and prices Monzo personal plans, from monzo.com. The referral bonus works with the free plan. - Monzo: Free. Everyday spending, saving Pots, instant notifications - Extra: £3 a month. Seeing your other bank accounts and credit score in one app - Perks: £9 a month. Partner perks and a savings rate boost - Max: From £19 a month. Travel and phone insurance, plus breakdown cover ### How Monzo compares with other app banks All three are UK banks with no monthly fee on their standard account and FSCS protection up to £120,000. The big difference is how their refer-a-friend offers work. - Monzo | £0 | Up to £120,000 (Monzo Bank Limited) | Usually £10 each (sometimes £20 or £50) after one card payment. Anyone with a Monzo account can invite - Starling | £0 | Up to £120,000 (Starling Bank Limited) | £25 each, but only when Starling has invited the referrer to its test scheme - Chase UK | £0 | Up to £120,000 (J.P. Morgan Europe Limited, trading as Chase) | £50 each if the new customer deposits at least £1,000 within 30 days. Only for referrers Chase invites ### Good - The standard account is free, with no monthly fee - Easy qualifying step: one card payment of any size - The bonus is paid to both of you, so it's a real thank-you, not a trick - UK bank, with eligible money protected by the FSCS up to £120,000 ### Worth knowing - Most people get £10. £50 is rare (1 in 100) - Only for people who have never opened a Monzo account - Easy to lose the bonus by signing up before opening the link ### FAQ **Is the Monzo referral code still working in September 2026?** Working, and verified. HelloBonus verified the Monzo invite link against Monzo's own published terms on 30 September 2026: up to £50 free when you open a Monzo account (£10 for most people). Every live bonus on HelloBonus is checked by hand every day; when an offer changes we update the page, and ended offers come down. **What is the Monzo referral code?** Monzo doesn't use a code you type. Use our invite link, join.monzo.com/c/s93d879r. Open it before you download the app and enter your phone number on the page. **How much do I get with a Monzo referral?** Monzo picks at random: £10 for 94% of people, £20 for 5% and £50 for 1%. You and the person who invited you get the same amount. **What do I need to do to get the Monzo bonus?** Within 30 days of entering your phone number on the invite page: download the app, open an account, add any amount of money and make one card payment. ATM withdrawals, transfers and virtual card payments don't count. **Can I get the bonus if I had a Monzo account before?** No. The offer is only for people who have never opened a Monzo account. **Does the Monzo referral work for business accounts?** Yes. Monzo's terms let the person you invite open a current account or a business account. People who already have a Monzo business account can also refer under Monzo's business scheme, where the usual reward is £50 each for a new business account. **Does Monzo charge fees abroad?** Not on card payments: Monzo charges no foreign transaction fees and uses Mastercard's exchange rate. Cash withdrawals are free up to £400 every 30 days in the UK and EEA and £200 every 30 days elsewhere, then 3%. **How many customers does Monzo have?** Monzo's 2026 annual report says 15.2 million personal customers and about 905,000 business customers on 31 March 2026. **Is Monzo a real, safe bank?** Yes. Monzo Bank Limited is authorised by the Prudential Regulation Authority and regulated by the FCA and PRA (register number 730427). Eligible deposits are protected by the FSCS up to £120,000 per person. **Do I pay anything for using this link?** No. The standard Monzo account is free, and using a referral link never costs you anything. Monzo pays the reward to both of us. ### Sources checked - Monzo Personal Banking Referral Scheme terms (13 August 2026): https://monzo.com/legal/files/referral-scheme/monzo-referral-scheme-4.0.pdf - Monzo: Refer a friend: https://monzo.com/refer-a-friend - Monzo Help: I was invited but didn't receive my bonus: https://monzo.com/help/monzo-with-friends/newsignup-waiting-for-bonus-web - Monzo current account plans: https://monzo.com/current-account/plans - FSCS: deposit protection limit of £120,000: https://www.fscs.org.uk/what-we-cover/ - Monzo Business Banking Referral Scheme terms (v2.0, 13 August 2026): https://monzo.com/legal/business-referral-scheme/terms-and-conditions - Monzo fee information (18 August 2026): https://monzo.com/legal/fee-information - Monzo: spending abroad: https://monzo.com/features/travel - Monzo: get paid early: https://monzo.com/features/monzo-payday - Monzo: Pots: https://monzo.com/features/pots - Monzo: accounts for 16-17 year olds: https://monzo.com/current-account/16-17 - Monzo: joint accounts: https://monzo.com/current-account/joint-account - Monzo Business plans and pricing: https://monzo.com/business-banking/plans-pricing - Monzo press page: https://monzo.com/press - Monzo Annual Report 2026: https://monzo.com/annual-report/2026/Monzo-Annual-Report-2026.pdf - FCA Register: Monzo Bank Limited (730427): https://register.fca.org.uk/s/firm?id=001b000002syvKiAAI - Starling: current account: https://www.starlingbank.com/current-account/ - Starling referral terms (24 August 2026): https://www.starlingbank.com/legal/terms/starling-referral-terms/ - Chase UK: refer a friend terms: https://www.chase.co.uk/gb/en/legal/refer-a-friend-2-terms-and-conditions/ - Chase UK: FSCS protection: https://www.chase.co.uk/gb/en/legal/fscs-protection/ Source: HelloBonus, https://hellobonus.co.uk/codes/monzo