+£10
12 mins
Monzo
£10 Free Cash•12 mins
£10 Free Cash
+£10
What is Monzo?
Monzo is a mobile banking app that offers current accounts, savings and investments.
Launched
2015
Customers
15m+
Google Play
4.8 (168k)
★★★★★★
Key Terms
Profit
+£10
Credit checkSoft check
Deposit£5
Make a purchase
1 (no min value)
No min value
Free cash£10
Free cash arrives24 hrs
Step by Step Guide
Chris's overview
Optional·1 min read
Monzo is a fantastic bank app and takes under 10 mins to download and open your account. Their modern interface is cleaner than my kitchen sink after I’ve entered an uncontrollable bleach spraying frenzy.
You'll get £10 free cash for opening your Monzo account and making any card payment. Just use the link below as you need to use a referral link to get the £10.
If you decide to try Monzo after getting your free £10, I’ve used it as my day-to-day spending app and it’s great. Plenty more benefits too - check out the full review further below.
1
Sign up to Monzo
You are here8 mins
- Use the referral link below to download the app
- Verify your identity with passport or driving licence
On desktop? Scan QR code on your phone
2
Deposit and make a purchase
3 mins
- Add any amount to your Monzo (even £1 works)
- Make any card payment - physical or virtual card
- Complete within 30 days of signing up
Tip: Buy a £5 Amazon gift card if you need a quick, easy transaction.
3
Receive £10 cash24h
1 mins
£10 usually credited within 1 day of your first transaction
- Spend or transfer to your main bank
Offer Complete
Done? Tick off each step above to see your total.
Quidsy Share: More Free Cash
Make £10 per friend with Monzo
Monzo gives you £10 for every friend you refer.
1Add your Monzo link to Quidsy
2Share your Quidsy link
Your friends will always see your links, such as Monzo, in the guide above.
Sign in to grab your Quidsy invite link and start earning.
Quick Monzo Review
Completed the offer? Awesome! Here's our full review on why Monzo could work well for you going forward.
Monzo at a glance
Updated:
Monzo is a UK app-based bank that runs your current account entirely from your phone. Quidsy currently has one live Monzo offer: a £10 signup bonus when you open and fund an account through our link. Best for people who want simple, fee-free everyday banking. Eligibility checks apply and bonus payout timing can vary.
Customers
15m
UK accounts
Founded
2015
11 years old
App Store
4.9 ★
302k reviews
Google Play
4.8 ★
168k reviews
Monzo has been around for a decade now, and it's still one of the cleanest digital banking experiences I've seen in the UK. With more than 15 million customers and consistently strong app store ratings, it's the neobank most people end up trying first. The instant notifications, salary sorting, and savings pots actually change how you think about money rather than just digitising your old bank statement.
The app-only model won't suit everyone, and the standard savings rates won't tempt you away from a dedicated savings account. Support is mostly in-app chat too, which is usually quick but can frustrate you on an urgent issue.
But as a day-to-day current account, I'd happily recommend Monzo to anyone who wants a clearer picture of their spending. With £1 billion in FY 2025 revenue and an 8× jump in adjusted profit, they're clearly not going anywhere. Worth opening even if you keep your main bank elsewhere, since the budgeting tools alone are worth the few minutes it takes to sign up. And if you can grab our £10 free cash offer at the same time, even better.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. FRN 730427. Eligible deposits protected by the Financial Services Compensation Scheme.