Write a review

Go to business site

Monzo: Personal Loan reviews

Name: Personal Loan
Rating: 4.93 (114 reviews)

View other Monzo products

4.89

Based on 114 reviews, last reviewed 26th May 2025

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

95%

3 star

2 star

Latest highest rating:

4

Good company, helped me pay for birthday for my daug... Good company, helped me pay for birthday for my daughter Reviewed on: 26th May 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

Read all reviews See your 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.

Monzo Personal Loan reviews (114)

Review of the Monzo, Personal Loan:

Easy to get a loan, very simply layed out.

Easy to get a loan, very simply layed out. Reviewed on: 11th March 2025

OK

Everything is all right,I will always use Monzo Reviewed on: 5th March 2023

Superb!

An easy application process with a fast decision and instant transfer of monies. I really like the easy way I can pay off extra each month and the app-based updates with new monthly payments and real-time updates to my loan. Reviewed on: 5th March 2023

What a brilliant bank ,

Monzo is like no other bank ,all ways on my side I feel ,always looking ahead for payments due and making me aware plus on days I'm over committed they ease the pain by giving me options to stay on track... Jesus I wish this bank was around years ago it would have saved me thousands in bank fees Reviewed on: 4th March 2023

RELIABLE

Easy mode... Few clicks you have your loan.. Reviewed on: 4th March 2023

Amazing Monzo

Best bank I have been with really helpful Reviewed on: 4th March 2023

Great bank

Brilliant app and bank easy to use Reviewed on: 4th March 2023

Easy and efficient service

I switched my loan from tsb to Monzo and it could not of been easier. Easy to understand and edit your loan on the app. Definitely recommend! Reviewed on: 4th March 2023

Monzo Banking

So I been with Monzo for around a year now and it's been a fantastic experience they have so many cool and safety in mind features to choose from and so many cool designed cards I cannot stress enough how much easier it's to bank now Reviewed on: 4th March 2023

Simply the best!

Monzo has been an amazing account and I couldn’t recommend it enough! From the design the layout to the features. I have Monzo premium and I would recommend getting this as it is £15 a month however you get benefits such a world wide travel insurance which is handy for someone like me who always travels, phone insurance and many more. Reviewed on: 4th March 2023

The best personal loan

Monzo Personal Loan is an excellent choice for those looking for an affordable and effective way to borrow money. The application process is quick and simple, and the interest rates are competitive. The costumer service team is both knowledgeable and friendly, and they are always quick to respond to inquiries. Monzo Personal Loan's commitment to transparency and providing customers with the best possible service makes it great choice for anyone looking for a personal loan. Reviewed on: 4th March 2023

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

Alternative products

Loans (discontinued)
from National Fire Savers Credit Union (inactive company) 1.00 from 1 reviews
Personal loans
from Plata 4.94 from 8057 reviews
Payday Loan
from Payday Loans Now 5.00 from 1 reviews

Want to see more from Monzo?

Contents insurance
from Monzo 5.00 from 2 reviews
Flex Purchase credit card
from Monzo 4.96 from 2510 reviews
Under 16s account
from Monzo 4.95 from 410 reviews

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

News, guides and insight from our team

View resource hub