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Monzo: Business Account reviews

Name: Business Account
Rating: 4.95 (1196 reviews)

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4.94

Based on 1,196 reviews, last reviewed 2nd Sep 2024

100% decrease in 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

97%

2 star

Latest highest rating:

5

Modern and accesible banking application The most modern and accesible banking application with a great interface and top notch user experience. Reviewed on: 25th August 2024

Latest lowest rating:

1

No Solution to obstructon at Monzo. I applied to onzo when my Virgin Bank failed to provide access to any manager or deal with the issues or my requirements. Virgin (previously Yorkshir... Read more Reviewed on: 2nd September 2024

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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 (1196)

Review of the Monzo, Business Account:

Breath of Fresh Air

Having worked for two of our biggest traditional Banks, each for in excess of ten years, it gives me heartache to see how woofully they perform these days (from a customer perspective anyway) so I am a relectant switcher to a "new style" Bank. Having tried and failed to organise simple things with both my existing Banks, I have switched to Monzo for two new businesses and theyve handled everything perfectly, first time, no fuss or hassle. Brilliant and recommended. Reviewed on: 1st March 2023

No Solution to obstructon at Monzo.

I applied to onzo when my Virgin Bank failed to provide access to any manager or deal with the issues or my requirements. Virgin (previously Yorkshire and then Clydesdale) forced me into "Hindernet" Banking, by abuse to clients. Virgin told me it was my Mobile Phone so I changed it at huge expense . Still didnt work. When faced with this I thought I might as wel find a competent bank who provided all the services including paying in cheques and using Stripe through Monzo. Suddenly Monzo systems failed and they require my e mail account (Which is not on my Mobile Phone ) and MONZO simply stopped working. No one at Monzo can provide a solution leaving me without access to my CASH. I requested a transfer to N Other Bank which MOZIO is refusuing as a refusal of the MONZO failure to provide access. Monzo has not way of using an email address on our secure emails and management at the highest levels refuse to ACT and refuse any proper Complaints Policy - I assume for their own purposes and to obstruct complaints. Interestingly the FOS were refused access to Virgin Bank information under Data Subject Access request so it would seem reasonable to assume they are inadequate and unreliable as the Banks Virgin and Monzo. Reviewed on: 2nd September 2024

Modern and accesible banking application

The most modern and accesible banking application with a great interface and top notch user experience. Reviewed on: 25th August 2024

This account allows me to run my business with ease...

This account allows me to run my business with ease simple invoices all in app clear view of my in and out going and tax pots fuel pots are great to see what I’m spending Reviewed on: 30th May 2024

Monzo provides everything I need for my small business.

Monzo provides everything I need for my small business.The ap is amazing and I use the invoice function on a regular basis. I can link it with other accounts and it also makes paying suppliers a breeze. The £5 monthly fee is amazing too! I recommend it to everyone for their business. Reviewed on: 26th May 2024

Honest smart tech banking

Easy to set up and the best part is it’s free to have a business account with monzo. They cut out the faff and make business banking easy and transparent. Reviewed on: 24th May 2024

Always get what is needed with monzo brilliant compa...

Always get what is needed with monzo brilliant company nothing ever goes wrong everything is always on time Reviewed on: 10th May 2024

Amazing app.

Amazing app. Excellent customer service and app function. Reviewed on: 24th April 2024

When i want to opne business account that time other...

When i want to opne business account that time other bank take more time but monzo opne my business account very fast and easy process Reviewed on: 19th April 2024

Set up easily and had to dispute a transaction, got...

Set up easily and had to dispute a transaction, got money back almost immediately. I love Monzo. Easy to use and pots are a great feature Reviewed on: 17th April 2024

Excellent Service

So easy to deal with whether business or personal, if there is any issue you get a message and everything gets sorted quickly. Reviewed on: 17th April 2024

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