Is Monzo Actually Worth It in 2026? Plan Breakdown & Review!

In this Monzo review we're looking at their plans, from the Monzo free account all the way up to Extra, Perks and Max. We'll discuss what you actually get with each Monzo plan, how their app and budgeting tools stack up, what’s good about Flex, plus the fees you need to know about for things like ATM withdrawals and using your card abroad.

By the end, you’ll know whether Monzo Bank is worth using as your main bank, a travel card, or just a handy spending account, and whether any of the paid plans are worth the upgrade.

Find the latest & greatest savings rates 👉 https://link.depositscout.com/4Yzd

Subscribe & turn on notifications 🔔 so you don't miss any videos 👉 https://youtube.com/c/Monitocom/?sub_...

Monito is an independent comparison platform and publisher. Our product and service reviews — like this one — are produced independently by our employees, and recommendations given are our own.

The description of this video may contain affiliate links, meaning if you click a link, we may receive a small commission without any additional cost for you. This helps support our channel and allows us to continue making videos like this. Thank you for your support.

Chapters:
00:00 – Intro: What Monzo Gets Right (and Wrong)
00:41 – Monzo Overview: Free vs Extra, Perks & Max
01:02 – The Free Account: Features & App Experience
02:09 – Key Tools: Call Status, Mortgage Tracker & More
03:16 – Savings, Spending Abroad & ATM Withdrawal Fees
04:29 – Monzo vs Competitors: Chase, Starling, Zopa, Kroo
05:12 – Where Monzo Free Falls Short
05:33 – Monzo Extra
07:43 – Is Monzo Extra Worth It?
08:09 – Monzo Perks
09:39 – Why Monzo Perks Offers Real Value
10:03 – Monzo Max
12:50 – Max Value Breakdown
13:33 – Which Plan Is Best? (Free vs Extra vs Perks vs Max)
14:00 – Should You Use Monzo as Your Main Bank?
14:48 – Monzo’s Weak Spots & Who Should Avoid It

#TechnicallyMoney #Monzo #DigitalBanking