William
William
Deal editor

Business · Checked against Monzo’s own page

Monzo Business Lite: £0, no monthly fee

Monzo Business Lite: £0 No monthly fee. Lite is the free plan; the tax pots, expense tools and team features sit on Pro (£9 a month) and Team (from £25 a month).

£0
No monthly fee
  • Free Lite plan as standard · Pro £9 and Team from £25 a month
Worth knowing

Lite is the free plan; the tax pots, expense tools and team features sit on Pro (£9 a month) and Team (from £25 a month).

No commission

The details

Account type
Current account
Who can open it
Both
Worth knowing
Free Lite plan as standard · Pro £9 and Team from £25 a month
Protection
Eligible deposits may be protected by the FSCS up to £120,000 (Monzo's own wording).
Details
The Monzo Business Account comes with the free Lite plan as standard, with the option to upgrade to Pro (£9 a month) or Team (from £25 a month). Only sole traders or limited company directors in the UK can apply.
Source
Monzo's own page Checked 25 Aug · No commission

How MoneyHQ checked this

We read Monzo’s own page on 25 Aug and wrote down what it says: the figure, the conditions and the catch. Figures change, and the provider’s page is always the final word. The page we read is here. If you spot a difference, tell us and we will check again.