Monzo has most of the neobank basics – free current account banking, advanced budgeting and savings tools, instant payments and split-bill features. Monzo has most of the neobank basics – including free current account banking, advanced budgeting and savings tools, instant payments and split-bill features. Monzo offers instant transfers too, though the usefulness of this feature will be limited by how many Monzo customers there are in your network. As with Revolut, Bunq and N26, Monzo customers can opt in to automatically save the change from every purchase. But be mindful of saving too much into a sub current account or a low-paying savings account, David Looney, of Alpha Wealth, warns.

Source: The Irish Times March 18, 2026 06:31 UTC