Finance & Investing Last verified July 31, 2026
From
$4.03/mo
All 5 plans side by side. Prices shown in USD.
The bank account for budgeting
The bank account with benefits
The bank account that's got you covered
Verified July 31, 2026 · Source: monzo.com
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A quick read on what to expect — full step-by-step guide is one click away.
This cancels a Monzo paid plan — Extra, Perks or Max — not your Monzo account, which stays open and free. It is app-only: open your plan's tab, scroll to Settings at the bottom, tap the red Cancel {plan}, scroll the "Here's what you'll lose" sheet to the end, then confirm with Yes, cancel {plan}. Monzo publishes a shortcut that opens the same screen: monzo.com/-deeplinks/cancel-paid. Your benefits run to your next payment date and there is no refund. Leaving Extra is free with no minimum term; Perks and Max can claw back £23 for a Railcard you claimed and £5 for a plan card you ordered, and Max locks you in for 3 months.
Computed from five weighted dimensions: required steps, retention friction, channel restrictions, refund policy, and recovery hostility. See the full rubric.
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