Who can open a Monese account?

Our accounts are perfect for those who may find it difficult to open one with a traditional bank. To do that, you often need to have a strong credit history and a fixed income, as well as providing proof of address. But for [foreign nationals](https://monese.com/gb/en/customers/foreign-nationals), expats, freelancers, migrants and nomads, that documentation is not always easily available. Here at Monese we like to help as many people as possible. To open an account with us you need to be: - Aged 18 or above - Living in one of the [30 countries in the European Economic Area](https://www.gov.uk/eu-eea) or in the UK

What can I use my account for?

You can use your Monese account to do a variety of things, safe in the knowledge that all transactions are [fully protected](https://monese.com/features/security). For example, you can: - Top up your account by [adding money](https://monese.com/features/add-funds) - Make [fast and easy payments](https://monese.com/features/payments) on the go - Complete [international money transfers](https://monese.com/money-transfers) - Keep track with [careful budgeting](https://monese.com/features/budgeting)

What do I need to open an account?

To [open an account](https://monese.com/features/account-opening) you’ll first need to download the app – have your phone number, email address and ID to hand. Once that’s done, you’ll have to record a quick video selfie in the app to verify that it’s you. That’s all you need! Remember, we don’t require details of your credit history. We know that’s difficult to provide if you move regularly or have recently relocated.

How is a Monese account different from a regular bank account?

Although you can use your Monese account to do things like make payments, transfers and withdrawals, there are some key differences between us and a regular bank: - We’re classed as an electronic money institution, not a bank - We don’t have physical branches - An overdraft will not be available on your account - You do not need to provide a credit history or income to open an account - Your money is protected under the [EU Electronic Money Directive 2009/110/EC](https://eur-lex.europa.eu/legal-content/en/ALL/?uri=CELEX%3A32009L0110) and the UK’s [Electronic Money Regulations 2011](https://www.legislation.gov.uk/uksi/2011/99/contents/made) but not by the Financial Services Compensation Scheme

Does my account come with a card?

Yes. We offer [debit cards](https://monese.com/gb/en/features/debit-card) and [travel cards](https://monese.com/gb/en/travel-money-card) to all our account holders. You can activate yours in the app by entering the last four digits of your card number, and then you’re all set. You can use it in most places where Mastercard is accepted – whether it be on the high street, for ATM withdrawals or online shopping.

Are there fees involved with Monese accounts?

There may be some fees attached when you use your mobile money account, but it depends how you use it and which [pricing plan](https://monese.com/gb/en/pricing) you’ve signed up for. You can choose between Starter, Classic or Premium. __Starter (£0 per month)__ - Free contactless debit card (£4.95 delivery) - Low fee of £1.50 for ATM withdrawals - 2% fee on card spending in foreign currencies at great exchange rates - Free foreign currency transfers to Monese accounts - 2.5% fee (additional 1% fee on weekends) for international transfers at great rates __Classic (£5.95 per month)__ - Fee-free delivery of your Monese contactless Mastercard debit card - £500 monthly allowance for free ATM withdrawals worldwide - Unlimited global fee-free card spend in foreign currencies at great exchange rates - Free foreign currency transfers to Monese accounts - Lower fee from 0.5% for international transfers at great rates __Premium (£14.95 per month)__ - Fee-free delivery of your Monese contactless Mastercard debit card and FREE replacement cards - £1,500 monthly allowance for FREE ATM withdrawals worldwide - Unlimited global fee-free card spend in foreign currencies at great exchange rates - Free foreign currency transfers to all accounts

Why should I choose Monese?

We’re the perfect alternative for those who might struggle to get an account with a traditional bank. Here are just some of the reasons to manage your money with the Monese app: - We’re inclusive – You can open an account without a fixed income or credit checks - We’re easy – Keep on top of your money at the touch of a button, no matter where you are or where you’re going - We’re great value – You can send money to loved ones overseas and get the real exchange rate - We’re safe – Upload a video selfie in the app, use the secure log in and rest easy knowing you’re fully protected - Find out more [about Monese](https://monese.com/about).

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It’s your personal mobile money account

Open your Monese account for an instant money management app. Start sending and spending like a local in minutes.

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It’s where you can start saving

Save money faster with Monese pots and Raisin Bank. Earn interest on your savings quickly and easily.

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UNI Accounts overview > its where you can start saving

It’s your joint account

Open a joint account to save, spend and share with a friend, partner or family member. Share bills and other expenses while keeping an eye on your transactions together.

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UNI Accounts overview > it's your joint account

It's your Avios

Easily link your Avios account to your Monese app to see everything you’ve collected. Plus, get tips to become better at collecting Avios when you shop.

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It's your PayPal

You can also link your PayPal account – and for even faster payments, you can add your Monese cards to your PayPal wallet instantly.

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EN Accounts overview > Its your paypal GBP

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Monese account FAQs

Want to know more about the types of accounts we offer? Look no further!We answer some of the most common questions right here. For further information, why not take a look at our wider FAQ section or get in touch with a member of our Support team.

Who can open a Monese account?
What can I use my account for?
What do I need to open an account?
How is a Monese account different from a regular bank account?
Does my account come with a card?
Are there fees involved with Monese accounts?
Why should I choose Monese?

Sign up with Monese today

So what are you waiting for? Join over 2 million people who’ve found a better way to manage their money online. Sign up to Monese to open your mobile money account today.