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US citizens in the UK · Institutions

Which Monzo accounts accept US citizens

Last checked

Monzo has been checked for US citizens across 4 account types. All 4 are open to a US person (1 with strings).

If you already have an account with Monzo, a second one there is usually the easier application, because Monzo has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was last updated.

At a glance

Account type Verdict Accounts Updated
Current accounts Accepts US citizens 2
Savings accounts Accepts US citizens 3
Cash ISAs Accepts US citizens 2
Credit cards Accepts with conditions 2

Current accounts

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Accepts US citizens
Updated

Monzo's own help pages set the test at 16 or over, living in the UK full time with the right to reside, and having a UK address. Nationality is not in that test, and Monzo says in as many words that you can open an account without being a UK tax resident. It does publish a tax-status page for US citizens, but that page only points you at the US embassy and says nothing about whether it will open an account, so this is an absence of a bar rather than a stated welcome. Monzo may ask you to verify the address you give, and cannot offer an account without a UK one.

FSCS £120,000 · app-only

Account Terms The catch
Monzo Current Account
Monthly fee
Free
Interest
None on the balance, though its instant access savings pay 2.75% AER
Abroad
No fee on card payments in a foreign currency; cash outside the EEA is free up to £200 in 30 days, then 3%
 —
Perks
Monthly fee
£9 a month
Interest
None on the balance, though its instant access savings pay 3.25% AER
Abroad
No fee on card payments in a foreign currency; fee-free cash abroad up to £600, then 3%
 Paid plan.

Source: Monzo help: opening a Monzo account if you're not a UK tax resident, and how to open a Monzo Personal Account, 2026-09-25 Monzo's own page

Savings accounts

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Accepts US citizens
Updated

Monzo sets the test for an Instant Access Savings Pot at 16 or over with a Monzo current account, and the page adds UK residents only. Nationality and tax residency are not in that test, and the current account behind it can be opened without being a UK tax resident. The US taxes the interest as ordinary income.

FSCS £120,000 · app-only, needs a Monzo current account

Account Terms The catch
1p Saving Challenge Pot
Access
Regular saver
Rate
5.00% AER, variable
Rate as of
 Needs a paid plan from £3 a month; on a free account this pot earns nothing.
Select Access Savings Pot
Access
Easy access
Rate
3.65% AER, variable
Min
£500
Rate as of
 Needs a paid Perks or Max plan, and no more than 2 withdrawals a year or it drops to 3.10%. Free accounts get 3.15%.
Instant Access Savings Pot
Access
Easy access
Rate
3.50% AER, variable
Max
£1,000,000
Rate as of
 Top rate needs the Max plan at £19 a month; on a free account it pays 2.75%.

Source: Monzo Instant Access Savings eligibility, 2026-09-25 Monzo's own page

Cash ISAs

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Accepts US citizens
Updated

Monzo's own cash ISA page sets the test at a UK resident aged 18 or over with a Monzo current account, and carries no nationality or US-person exclusion. The full ISA terms live in the app rather than on the website, so the declaration wording could not be read in full. The IRS still taxes the interest as US income, as the wrapper gives no US relief.

FSCS £120,000 · app-only

Account Terms The catch
Select Access Cash ISA
Access
Easy access
Rate
3.15% AER, variable
Then
2.60%
Min
£500
Rate as of
 Two or fewer withdrawals a year or it drops to 2.60%. A paid plan pays 3.65%.
Instant Access Cash ISA
Access
Easy access
Rate
2.75% AER, variable
Rate as of
 Standard rate on a free account; paid plans pay up to 3.50%.

Source: Monzo Instant Access Cash ISA eligibility, 2026-09-25 Monzo's own page

Credit cards

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Accepts with conditions
Updated

US persons: you need a Monzo current account first

Monzo Flex is a genuine credit card rather than a debit product, and it charges nothing on spending abroad. Two limits worth knowing: it is sold only on top of a Monzo current account, so you cannot start here, and it cannot be used for cash withdrawals at all, anywhere.

App only · needs a Monzo current account

Account Terms The catch
Monzo Flex
Representative APR
29% APR representative
Card fee
Free
Abroad
No foreign transaction fee, at the Mastercard rate. No cash withdrawals at all, at home or abroad.
Rate as of
 Paying in full, or spreading a purchase over three months, carries no interest.
Monzo Flex Build
Representative APR
39% APR representative
Card fee
Free
Abroad
No foreign transaction fee, at the Mastercard rate.
Rate as of
 A credit builder variant of Flex, sold only on top of a Monzo current account. Starts with a credit limit of up to £750, which can double in as little as three months of on time payments; some applicants may need to pay a one time security deposit depending on credit history. Regular on-time payments open up 0% interest on purchases of £100 or more spread over 3 months.

Source: Monzo Flex page, 2026-08-17 Monzo's own page

Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Findings

Monzo, Starling and Revolut

Monzo, Starling Bank and Revolut all open a current account for a US citizen. What each opens beyond that, what it declines and what it does not sell, with the source and date of every verdict.

 Tax

FATCA

Do UK banks report your account to the IRS? Yes, through HMRC, under FATCA. It is a reporting law, not a tax. Where it bites is access.

 Tax

FBAR

If your foreign accounts top $10,000 combined at any point in the year, you file an FBAR. What counts, when it is due, and what happens if you miss it.

 Tax

ISA US tax

The IRS does not recognise the ISA wrapper. Cash ISA interest and stocks ISA gains are taxable on your US return, and fund holdings drag in PFIC rules.