We believe that spending abroad should be straightforward, with no unexpected fees. When you use your Monzo card abroad (or online in a foreign currency), we pass on the Mastercard exchange rate , without adding any fees. You can use your Monzo card anywhere that supports Mastercard.
Customers using Monzo as more of a bank have higher allowances, and won’t have to pay any withdrawal fees. Customers that rely on Monzo less, and use us as more of a spending card will have a £250 fee-free buffer every 30 days, and will be charged a 3% fee thereafter.
4/3/2019 · When you travel with your Monzo card, you are not charged any fees when you pay by card. In some cases, it may be more beneficial to pay with your Monzo card when spending abroad , as opposed to paying by cash, as they don’t mark-up the exchange.
Monzo Bank Limited is a company registered in England and Wales (No. 09446231). Monzo Bank Ltd is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA. Our Financial Services Register number is 730427.
Send money abroad with Monzo . How does it work? You can send money to a friend or family member with a bank account overseas using Monzo . Although Monzo has partnered with TransferWise, so they’re able to offer international payments to their customers, you don’t have to leave the Monzo .
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