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Monzo: Personal Loan reviews

Name: Personal Loan
Rating: 4.93 (115 reviews)

View other Monzo products

4.89

Based on 115 reviews, last reviewed 22nd Jan 2026

100% 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

MONZO Bank best on market When TSB REFUSE ME for no reason MONZO helps me straight up. Best bank i ever use i have personal account since 2019 Reviewed on: 22nd January 2026

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 (115)

Review of the Monzo, Personal Loan:

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

Monzo Loan is brilliant as Monzo itself

From applying to taking the Loan, seeing the money in my bank account - just a fantastic experience. Super easy to manage too and very transparent not like many of the high street banks. Well done Monzo! Reviewed on: 5th March 2023

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

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