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Monzo: Business Account reviews

Name: Business Account
Rating: 4.88 (1503 reviews)

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4.88

Based on 1,503 reviews, last reviewed 25th Feb 2026

11500% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

97%

2 star

Latest highest rating:

5

Monzo is unique and so simple and useful app for ban... Monzo is unique and so simple and useful app for banking Reviewed on: 25th February 2026

Latest lowest rating:

1

Horrible experience I regret opening an account with Monzo. They are unprofessional and don’t know what they are about. Frozen my account without giving any tangible resp... Read more Reviewed on: 1st January 2026

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About this product

The Monzo business account reviews you’ll find on Smart Money People all come from people like you. On our site you’ll find hundreds of genuine reviews to help you decide whether Monzo is the right fit for your business.

Despite being a relative newcomer, more than 100,000 businesses use Monzo. It’s important to consider everything from usability, to interest rates, to charges when it comes to selecting a business account. Our Monzo business account reviews cover both free and pro accounts, as well as sharing details on important features, to help you understand how suitable it could be for you and your company.

If you’ve used Monzo before, why not leave a review to help other businesses. How quick was it to set up? How helpful was customer support, and was the app easy to use? Let other customers know about your experiences, and whether you’d recommend Monzo to other small businesses. It might also be useful to include details about what kind of account you took out and the features you’ve used most.

Smart Money People is the UK’s largest financial services review site. Our aim is to increase trust and transparency in financial services. Read or leave a Monzo business account review below.

Monzo Business Account reviews (1503)

Review of the Monzo, Business Account:

Modern Business Banking as it should be

Moving from HSBC to Monzo has been fantastic. Native integrations into Xero are great as a small business onwer, as is app-based access and Debit Cards for the whole team. It's great to feel like we're at the forefront of banking, rather than stuck in practices of the past. Reviewed on: 24th January 2022

Everything is so simple to do.

Everything is so simple to do. Customer service support is also great Reviewed on: 9th February 2026

Great experience with Monzo I love the experience th...

Great experience with Monzo I love the experience they provide and they really make banking easy and fun to navigate. Reviewed on: 9th February 2026

Makes business banking easy!

Makes business banking easy! I love the tax pots and great round the clock customer service. Couldn't fault it! Reviewed on: 6th February 2026

The Easiest Business Decision I’ve Made .

I switched my business banking to Monzo because I wanted something simple, clear, and actually designed for people who run their own business — not a clunky system that feels like it was built 20 years ago. From day one, it’s been refreshingly easy to use. I can see exactly what’s coming in and going out at a glance, separate pots make tax and savings stress-free, and everything just… works. No jargon, no jumping through hoops, no wasting time on things that don’t move my business forward. The invoicing has been a real game-changer for me. Creating and sending invoices takes minutes, I can see when they’ve been viewed and paid, and I can send receipts straight from my account without needing extra software or spreadsheets. Everything stays in one place, which saves a huge amount of admin time. I also love that I can download all my transactions straight into Google Sheets, which makes tracking and reviewing my finances incredibly easy. On top of that, Monzo’s accounting tools give real peace of mind with the new HMRC rules — it feels future-proofed rather than something I’ll need to change again in a year or two. As a small business owner, time and clarity matter. Monzo gives me both. It’s helped me stay organised, feel more in control of my finances, and focus on growing my business rather than managing it. Honestly, it’s one of those decisions where you wonder why you didn’t do it sooner. Reviewed on: 23rd January 2026

I love this bank, everything is so quick, easy and s...

I love this bank, everything is so quick, easy and simple. The app has lovely colours and all the info that you need. The possibility to receive payments on your phone is wonderful when clients pay by card. Reviewed on: 22nd January 2026

So easy to use, never any issues and just does what...

So easy to use, never any issues and just does what I need from it Reviewed on: 13th January 2026

Love Monzo.

Love Monzo. Theyve had my business account for 4 years now and it just keeps getting better Reviewed on: 13th January 2026

Horrible experience

I regret opening an account with Monzo. They are unprofessional and don’t know what they are about. Frozen my account without giving any tangible response. Not a good back to work with Reviewed on: 1st January 2026

The bank fails to provide straightforward, automatic...

The bank fails to provide straightforward, automatic bank statements, making necessary accounting and professional documentation a "painful process" and creating unnecessary administrative work. The experience was so frustrating that they deleted the app and are moving their business finances to a different bank, warning others not to rely on Monzo for professional use. Reviewed on: 6th November 2025

DO NOT USE FOR BUSINESS BANKING

I would not recommend anyone to use Monzo as a Business Banking account. I opened one up 2 months ago as the online business banking company I currently use have started adding extra charges. I hadn’t got around to transferring everything over yet with direct debits, standing orders and my card machine companies for taking payments as I just hadn’t the time. I scheduled time to do this next week as the charges from my current on are grating on me now. I had my personal Monzo card stolen on holiday last week and reported it and ordered a new card. I have now had an email to say they are closing down my business account but can not tell me why. I am so glad I hadn’t spent not spent the time transferring everything over yet. There is absolutely no reason for them to close this account, it is so bizarre and weird to me, I don’t understand at all. Had I of switched everything over and been fully utilising them for 2 months and got this, it would of caused me so much stress and anxiety to switch everything over again with no reason or explanation as to why. I’d stay well clear if they can just shut an account like that for no reason other than reporting your personal card being stolen, which I froze straight away when I realised. Reviewed on: 15th August 2025

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