Spend controls that scale with VAT-ready records built in
Stop chasing expenses and fixing VAT errors. Monzo Business gives your finance team the tools to categorise spending automatically and set limits before purchases happen. • Automated expense categorisation reduces VAT adjustments • Pre-set card limits prevent off-policy purchases • Accurate records ready for VAT submission
Trusted by finance teams across the UK
Over 800,000 people use Monzo Business to save time on accounts and reconciliation, making expense management easier for finance teams across the UK.
"I can spend more time doing the things I enjoy, which is why I started my business in the first place."
"I used to spend a lot of time doing accounts. Now, it's instant."
"The account and app make everyday banking quick and simple."
Questions finance teams ask
Here's what finance operations teams want to know about integrations, compliance, controls and deposit protection.
Read Business FAQsWho can apply for Monzo Business?
Only sole traders or limited company directors in the UK can apply. Terms and conditions apply.
What plans are available and how much do they cost?
Your account comes with the free Lite plan. You can upgrade to Pro for £9 a month, or Team starting from £25 a month. Ts&Cs apply.
Are my deposits protected?
Your eligible deposits may be protected by the Financial Services Compensation Scheme (FSCS) up to £120,000.
Do you offer overdrafts or loans?
Overdrafts and loans are available for eligible sole traders with a Monzo Business account, 18+, subject to eligibility and Ts&Cs.
Can I connect my accounting software?
Yes. Connect your Monzo Business account to Xero, FreeAgent, Sage or QuickBooks. Your transactions sync automatically with the right categorisation, giving you VAT-ready records without manual data entry.
Resources
From the Monzo Business blog
Product updates, money tips and customer stories to help you run your business.
Ready to take control of your team's expenses?
Stop chasing receipts and start managing spend before it happens. Issue expense cards with pre-set limits, connect your accounting software for automated categorisation, get 24/7 support from real people, and rest assured that eligible deposits are protected by the FSCS. Start your application today.