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Monzo: Personal Loan reviews

Name: Personal Loan
Rating: 4.94 (113 reviews)

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4.91

Based on 113 reviews, last reviewed 14th Apr 2025

900% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

96%

3 star

2 star

Latest highest rating:

5

Easy and quick application process. Easy and quick application process. Good explanation on what the product is and how it works. Very efficient to use and you can make partial early rep... Read more Reviewed on: 14th April 2025

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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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.

Monzo Personal Loan reviews (113)

Review of the Monzo, Personal Loan:

Good bank

Very good bank and good customer service Reviewed on: 3rd March 2023

Monzo flex

with monzo flex my finances are more in control Reviewed on: 6th April 2023

Amazing experience

Monzo has been a revelation. They make banking easy. They act professionally when dealing with complaints and they've twice given me loans with little or no hassles Reviewed on: 6th April 2023

Dimitar

I have been using monzo actively for 6 months and I am very happy with it. I have had monzo for three years Reviewed on: 6th April 2023

Good

Very good banking in United Kingdom Reviewed on: 6th April 2023

Easy to manage

Great financial service. Easy to use and set up. Reviewed on: 6th April 2023

Fantastic home

Great range of financial products! Reviewed on: 6th April 2023

Fantastic

The most helpful company with getting a loan fantastic Reviewed on: 6th April 2023

Another intelligent product

Not being penalised for making early payments - excellent attitude and morals from an already brilliant company. It just makes sense. Reviewed on: 6th April 2023

About the safety of my money

I ordered the delivery of the goods by mail. I received an email from the delivery company saying that I need to pay extra money to receive my package. And I have to give my card number. And I did it. Only then did it seem strange to me and I suspected that maybe they were scammers. I informed my bank about it. Bank employees quickly blocked my card, and a few days later sent a new card. I haven't lost a penny. I have now recommended Monzo for my son. He is 17 years old. Reviewed on: 6th April 2023

Flexibility and transparency

Complete control over how I choose to repay my loan and no fees for paying early. It was very quick and easy to apply with all information given upfront. 10/10 experience. Reviewed on: 6th April 2023

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