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Monzo: Personal Loan reviews

View other Monzo products
4.92
Based on 122 reviews, last reviewed 6th Mar 2026
800% increase in 5 star reviews
in the past 90 days
No new 1 star reviews
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1%

Latest highest rating:

5

I have had no problems with this bank in all these y... I have had no problems with this bank in all these years, I only use Monzo for my funds, they are the best Reviewed on: 6th March 2026
Petrisor C's avatar
Petrisor C

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
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Nickb
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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.

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Monzo Personal Loan reviews (122)

Brilliant, flexible, everything you could ask for

5
I took out a £10k personal loan with Monzo. Not only was it provided at a very competitive interest rate, but you get full view of it in the app. You can pay back more than your monthly payment easily, and you are shown what the effect of this would be on the overall interest charged. You can even pay it all back early if you no longer need it. If only all credit was managed this way.. Reviewed on: 18th February 2023
Ed Brooks's avatar
Ed Brooks

The best app-based loan

5
The Monzo loan service is by far the best available Reviewed on: 15th February 2023
David Walton's avatar
David Walton

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