Before you start your application for the Monzo Personal Loan, make sure you have everything to hand. These are the main requirements and the step-by-step guide to applying on the official website.
Apply on the official website →
Read the requirements and steps below first, so you can complete your application on the official website in one go.
Applying online usually takes around 10 minutes. Have your bank details and income information to hand.
Documents ready = faster decision
Apply in appFixed monthly paymentsUp to £35,000
📋 Requirements
- Age: You must be aged 18 or over.
- Residency: You must be a UK resident.
- Account: You need a Monzo current account.
- Income and affordability: You need a regular income and must be able to afford the monthly repayments.
- Credit check: A full credit check is carried out if you go ahead with an application.
🚀 How to apply, step by step
- Open the Monzo app and go to the borrowing section
- Choose your amount and term to see your personalised rate
- Complete the short application in the app
- If approved, accept the agreement and receive the money in your Monzo account
Approval and the rate offered depend on Monzo Bank Limited's credit and affordability checks; your rate may differ from the representative APR.
Apply now on the official website →
General information only, not financial advice. Credit is subject to status and affordability checks by Monzo Bank Limited. Borrow only what you can afford to repay.