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Monzo: Personal Loan reviews

Name: Personal Loan
Rating: 4.93 (104 reviews)

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4.91

Based on 104 reviews, last reviewed 11th Mar 2025

No new 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:

4

Easy to get a loan, very simply layed out. Easy to get a loan, very simply layed out. Reviewed on: 11th March 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 (104)

Review of the Monzo, Personal Loan:

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 compassionate about and want to grow when they rip you off in interest. I am looking at moving away from Monzo Reviewed on: 12th March 2023

Good

Good service online response Reviewed on: 3rd March 2023

Easy to pay

Easy payments finish my £8000 loan in 4 months Reviewed on: 3rd March 2023

Good bank

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

Faultless

Absolutely love Monzo. Really simple, intuitive app. Requested a loan to help with consolidation and the process couldn’t have been simpler. What makes it even better is the flexibility where I can pay more with a couple of taps if I wish to do so. The app is also great as it helps you track the exact amount remaining immediately. Reviewed on: 3rd March 2023

My son told me about this bank..I hesitated about it for a while..Inishmore I hadn't.Best bank in my option.

Everything is at your fingertips in the app..And when they say they will get back to you..They do very quickly. Reviewed on: 3rd March 2023

Brilliant bank

Since joining Monzo bank I have been able to save more money than ever before. The app is so easy to use and if I need any assistance the chat feature is brilliant. Monzo plus is a great additional extra and really convenient when abroad. I have recommended to all family and friends. Reviewed on: 3rd March 2023

Quick and easy

Fast, clear and competitive. Great customer service. Reviewed on: 3rd March 2023

Flexible, fast and stress free

I really like the ease in which you can apply manage and adjust your loan. It is the best loan I've had and really impressed. Reviewed on: 3rd March 2023

Quick and easy

It was easy to apply and had the money in minutes! I like the fact I can pay more off without extra charges Reviewed on: 3rd March 2023

Excellent

Always good service and developments, clear info Reviewed on: 3rd March 2023

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Monzo: Personal Loan reviews

No new 5 star reviews

No new 1 star reviews

Latest highest rating:

4

Latest lowest rating:

1

About this product

Monzo Personal Loan reviews (104)

Poor Loan Service too expensive compared to competitors

Good

Easy to pay

Good bank

Faultless

My son told me about this bank..I hesitated about it for a while..Inishmore I hadn't.Best bank in my option.

Brilliant bank

Quick and easy

Flexible, fast and stress free

Quick and easy

Excellent

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