Who can get the Monzo Business sign-up bonus?
- Eligibility
- New Monzo customers; UK sole traders, limited company directors or landlords
- Spending or deposit
- One card purchase within 30 days; no minimum spend
Read the provider’s full terms and confirm your eligibility before applying.
How to claim the Monzo Business sign-up bonus
Follow these steps only if the provider confirms the invitation and its current terms.
- Open the business invitation and enter your mobile number.
- Apply in the app using that number and complete identity and business checks.
- Add money and make a qualifying card purchase within 30 days of entering your number.
Monzo Business sign-up bonus: important conditions
- The invitation excludes anyone who has previously had or started applying for Monzo.
- Cash withdrawals, transfers and virtual-card transactions do not qualify; ordinary digital-wallet purchases can.
- The referrer can earn at most three business-scheme rewards per calendar month. Referral limits can affect eligibility.
- A paid plan and a bank switch are not required. Only open an account that suits your business.
Monzo Business sign-up bonus: FAQ
How much is the Monzo Business sign-up bonus?
£50 (cash reward). Open an eligible Monzo Business account through this invitation, add money and make a qualifying card purchase within 30 days to receive £50.
Who can get the Monzo Business sign-up bonus?
New Monzo customers; UK sole traders, limited company directors or landlords
What do I need to do to qualify?
One card purchase within 30 days; no minimum spend. Follow the 3 steps on this page in order, and read the conditions before you start.
Do I need a referral code?
No separate code is listed for this offer. Opening it with the button on this page applies the invitation.
Is the Monzo Business sign-up bonus still available?
Yes, at our last check on 18 Oct 2026. Monzo Business can change or end the offer at any time, so confirm the reward on its own page before you sign up.
Are there any risks?
Eligibility checks apply and account approval isn't guaranteed. Eligible business deposits with Monzo Bank are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000; check whether your business type is covered.
Compare it with similar offers: UK Sign-Up Bonuses, Bank and Investing Sign-Up Bonuses.
Checks & provider information
- Last checked
- 18 Oct 2026
The £50 business invitation and referral terms were checked on 18 October 2026. This is separate from Monzo’s personal-account reward.
Monzo Business terms
