Smart Money People Logo
Share this page
Link copied

Monzo: Personal Loan reviews

View other Monzo products
4.91
Based on 112 reviews, last reviewed 12th Apr 2025
800% increase in 5 star reviews
in the past 90 days
No new 1 star reviews
in the past 90 days
See only 5 star reviews
96%
See only 4 star reviews
3%
3 star
See only 3 star reviews
0%
2 star
See only 2 star reviews
0%
See only 1 star reviews
1%

Latest highest rating:

5

Nearly 10 years with Monzo! Been with Monzo nearly 10 years now, so easy to use, straight forward and reliable service Reviewed on: 12th April 2025
Rochelle's avatar
Rochelle

Latest lowest rating:

1

Poor Loan Service too expensive compared to competitors I was granted for a loan up to £16k but the APR was expensive. I managed to get one with a competitor for 4.9%. How can we support a bank we are co... Read more Reviewed on: 12th March 2023
Nickb's avatar
Nickb
Read all reviews Write a review

About this product

Monzo personal loans are available for up to £25,000.

In the Monzo app, your loan sits alongside your pots, so you can see the progress you're making. You can also give it a name and add an image of your choice.

Monzo personal loan reviews help you find out what it’s really like to be a customer. If you’ve used Monzo before, you can also leave a review and share your experience.

Review Monzo: Personal Loan now

Help others make smarter decisions by sharing your own experience.
Give a 1 star rating Give a 2 star rating Give a 3 star rating Give a 4 star rating Give a 5 star rating
Write a review

Monzo Personal Loan reviews (112)

Nearly 10 years with Monzo!

5
Been with Monzo nearly 10 years now, so easy to use, straight forward and reliable service Reviewed on: 12th April 2025
Rochelle's avatar
Rochelle

The bank that you enjoy using

5
needed a small loan to rent a new place after a bad and stressful period. Monzo came through, with the easiest and quickest application - had the money in my account literally 5 minutes later! not only the service is quick and easy, the rates are also competitive! Reviewed on: 10th April 2025
ariana's avatar
ariana

quick answers to loans, all information provided in...

5
quick answers to loans, all information provided in order to proceed Reviewed on: 10th April 2025
Katie H's avatar
Katie H

Outstanding customer experience and treament.

5
Outstanding customer experience and treament. Reviewed on: 10th April 2025
Enmanuel M's avatar
Enmanuel M

Best overpayment calculator

5
I had to get a personal loan recently. Monzo made it very clear on how much I could borrow, the calculator is super helpful to compare affordability with length of contract. My favourite feature is the additional payment info - where it tells you exactly how much interest you’ll save by overpaying and it just makes it so easy. Reviewed on: 20th March 2025
Teresa H's avatar
Teresa H

Easiest to apply had money in my account in 5...

5
Easiest to apply had money in my account in 5 minutes Reviewed on: 18th March 2025
William C's avatar
William C

Easy Payment

5
You can easily make extra payment on your loan or pay it off using the app. Reviewed on: 18th March 2025
Ruth A's avatar
Ruth A

Very easy and simple to use.

5
Very easy and simple to use. Got the money fast and very easy process Reviewed on: 18th March 2025
Chloe 's avatar
Chloe

Easy to get a loan, very simply layed out.

4
Easy to get a loan, very simply layed out. Reviewed on: 11th March 2025
DottedxLine's avatar
DottedxLine

Hi, good evening based on my recent experience as a...

5
Hi, good evening based on my recent experience as a customer. Overall, I have been very impressed with the level of service provided by Monzo. The app’s user interface is intuitive and user-friendly, making it easy to manage my finances on the go. The real-time notifications for transactions are particularly useful, helping me keep track of my spending in a transparent and efficient manner. Additionally, the budgeting tools within the app are extremely helpful in managing my m... Reviewed on: 4th September 2024
Adel A's avatar
Adel A

Do you have a different Monzo product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

There's still more to see!

Monzo has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account
Man on beach

News, guides and insight from our team

View resource hub